Powder Coatings Market in Romania 2015-2019

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Transcript of Powder Coatings Market in Romania 2015-2019

Powder Coatings Market in Romania 2015-2019

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Powder Coatings Market in Romania 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Powder Coatings Market in Romania 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “Demand for powder coatings in the construction industry is a major contributor to market growth. The use of powder coatings on heat-sensitive substrates is limited, and metal substrates account for a major share of product consumption. Increased investment in R&D to develop powder coatings with lower baking temperatures is another driver.”

• Powder coatings are a type of solvent-free product used to provide a dry finishing process. They are composed of resins, additives, curing agents, extenders or fillers, and tint pigments. Powder coatings are known for their high-quality, durable finish. These coatings are also eco-friendly, as they emit only a small amount of volatile organic compounds. Powder coatings are also easy to apply, energy efficient, and cost-effective.

• Technavio expects the powder coatings market in Romania to see strong growth, posting a CAGR of 6.96% during the forecast period.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Powder Coatings Market in Romania 2015-2019

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Vendors

To understand the vendor landscape and

for a full list of vendors view our report:

Powder Coatings Market in Romania 2015-2019

AkzoNobel

Axalta Coating Systems

Helios Group

AkzoNobel was founded in 1994 and is headquartered in Amsterdam, the Netherlands. The company was formed through the merger of two companies, Akzo and Nobel Industries. It is one of the leading manufacturers and suppliers of specialty chemicals, paints, and performance coatings worldwide.

The company operates through two segments: Performance coatings (provides high-quality liquid and powder coatings solutions) and transportation coatings (offers advanced coatings technologies to original equipment manufacturers).

The Helios Group was founded in 1981 and is headquartered in Domzale, Slovenia. It is a chemical manufacturing company for paintings and coatings.

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Market Landscape

• Leading vendors such as BASF have been launching new, innovative products in Romania, including new functional coatings.

• Technavio’s experts expect this to boost the market over the forecast period.

• Technological advances in powder coating processes, such as powder coating reclaim systems and proprietary one-coat or two-coat systems, will likely contribute to market growth, as well.

• Technavio expects to see moderate growth in the market during the forecast period.

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Key Buying Criteria

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Parameters Details

Availability Powder coatings should be readily available.

Cost Powder coatings should be economical to all end-user segments.

FunctionalityPowder coatings should exhibit functional characteristics on application, as per customer requirements.

Performance Powder coatings should exhibit superior performance characteristics on application.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Powder Coatings Market in Romania 2015-2019

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