European Coatings Journal - 16.12.2019 | Damir Gagro | MARKET REPORT

POTENTIAL FOR MORE

Powder coatings have a share of around 8 % of the entire paints and coatings market, both in volume and in terms of value. Kevin Biller, of The Powder Coating Research Group, classifies the market size to be EUR 9.5 to 10 billion. In the past three to four years the global market has recorded an average annual growth of about 5.5 %. "This average annual growth rate was based on healthy growth rates in the Asia-Pacific region and growth rates that were slightly above the GDP in the saturated markets of western Europe and America," says Biller. ...
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