Low Temperature Coatings Market: Global Industry Analysis and Forecast (2023-2029)


Low Temperature Coatings Market size is expected to reach US$ 5.34 Bn in year 2029, at a CAGR of 6.7% during the forecast period.

The Low Temperature Coatings market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Low Temperature Coatings report also provides trends by market segments, technology, and investment with a competitive landscape.Low Temperature Coatings MarketTo know about the Research Methodology :- Request Free Sample Report

Low Temperature Coatings Market Overview:

Low temperature coating which is mostly used in cold temperature conditions has the ability to cure down at zero degree C. The low temperature coatings are capable of retaining flexibility and impact resistance to metals at shallow temperatures.

Low Temperature Coatings Market Dynamics:

Growing demand for the protection of components in all industry verticals is one of the factors that are expected to drive the global low-temperature coatings market growth. The eco-friendly nature of the low-temperature coatings is to drive the low-temperature coatings market. As the demand for environmentally friendly products across the world are increasing, the need for low-temperature coatings is also expected to drive significant growth during the forecast period.

The longer and costlier drying and curing for large parts is hindering the low-temperature coating market growth. The low-temperature coating is costly and requires proper skill to use. Due to the cost factor, the end-use industry faces difficulty to use the low-temperature coating in their manufacturing and production houses. This is a major factor that hampers the market of Low-temperature coating during the forecast period 2023-2029.

Low Temperature Coatings Market Segment Analysis:

By Type, the low temperature coatings market is segmented into powder-based, and liquid-based. The powder-based coatings segment held the largest market share in 2022. Powder-based coating provides a more durable finish than liquid coating can offer, while still providing an attractive finish. Powder-coated products are more resistant to diminished coating quality as a result of the impact, moisture, chemicals, ultraviolet light, and other extreme weather conditions. This in turn has a directly and positively impact on the global low-temperature coatings market growth.

By Resin Type, the market is segmented into polyester, epoxy, polyurethane, and acrylic. The acrylic resin is expected to be the fastest-growing segment during the forecast period thanks to the demand for acrylic resins primarily comes from the automotive, and paints & coatings, industries. They have low-cost and a broad performance range, from ultra-removable to ultra-high durability depending on the formulation. Due to this benefit, the application of low-temperature coatings based on acrylics is increasing greatly in heavy-duty equipment.

By End User, the market is segmented into automotive, industrial, heavy-duty equipment, architecture, and furniture. The automotive segment dominated the market for low-temperature coatings in 2022 growing at a CAGR of 8%.

Low Temperature Coatings Market Regional Insights:

The Asia Pacific is expected to be the major market during the forecast period thanks to increasing manufacturing units in this region. Growing automotive and manufacturing industry verticals are expected to propel the demand for low-temperature coatings over the forecast period. Also, the stringent regulations towards environmental conservation in developing countries like China, and India are expected to be the growth of the low-temperature coatings market in the Asia Pacific region.

The growing automotive industry in Europe region accounted for the growth of Europe’s low-temperature coatings market. In Europe, Germany is predicted to account for a significant share. The increasing automobiles in this region have created a high demand for low-temperature coatings thereby predicted to escalate this market in near future.

The objective of the report is to present a comprehensive analysis of the global Low Temperature Coatings market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Low Temperature Coatings market dynamics, structure by analyzing the market segments and project the global Low Temperature Coatings market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Low Temperature Coatings market make the report investor’s guide.

Low Temperature Coatings Market Scope: Inquire before buying






Low Temperature Coatings Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US $ 3.39 Bn.




Forecast Period 2023 to 2029 CAGR:
6.7%
Market Size in 2029:
US $ 5.34 Bn.




 Segments Covered:
by Type
• Powder-Based
• Liquid-Based




by Resin Type
• Polyester
• Epoxy
• Polyurethane
• Acrylic




by End User
• Automotive
• Industrial
• Heavy-duty Equipment
• Architectural
• Furniture
• Others






Low Temperature Coatings Marke, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Low Temperature Coatings Market Key Players

• PPG Industries, Inc.
• DuPont
• Bowers Industrial
• Axalta Coating Systems
• DSM
• The Valspar Corporation
• Specialty Polymer Coatings Inc.
• Phygen Coatings, Inc.
• Michelman, Inc.
• Vitracoat America
• Others

Frequently Asked Questions:

1. Which region has the largest share in Global Low Temperature Coatings Market?
Ans: Europe region held the highest share in 2022.

2. What is the growth rate of Global Low Temperature Coatings Market?
Ans: The Global Low Temperature Coatings Market is growing at a CAGR of 6.7% during forecasting period 2023-2029.

3. What is scope of the Global Low Temperature Coatings Market report?
Ans: Global Low Temperature Coatings Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Low Temperature Coatings Market?
Ans: The important key players in the Global Low Temperature Coatings Market are – PPG Industries, Inc., DuPont, Bowers Industrial, Axalta Coating Systems, DSM, The Valspar Corporation, Specialty Polymer Coatings Inc., Phygen Coatings, Inc., Michelman, Inc., Vitracoat America, Others,

5. What is the study period of this Market?
Ans: The Global Low Temperature Coatings Market is studied from 2022 to 2029. 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Automotive Ceramics Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2022
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Automotive Ceramics Market
3.4. Geographical Snapshot of the Automotive Ceramics Market, By Manufacturer share
4. Global Automotive Ceramics Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Type s
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Ceramics Market
5. Supply Side and Demand Side Indicators
6. Global Automotive Ceramics Market Analysis and Forecast, 2022-2029
6.1. Global Automotive Ceramics Market Size & Y-o-Y Growth Analysis.
7. Global Automotive Ceramics Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
7.1.1. Powder-Based
7.1.2. Liquid-Based
7.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
7.2.1. Polyester
7.2.2. Epoxy
7.2.3. Polyurethane
7.2.4. Acrylic
7.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
7.3.1. Automotive
7.3.2. Industrial
7.3.3. Heavy-duty Equipment
7.3.4. Architectural
7.3.5. Furniture
7.3.6. Others
8. Global Automotive Ceramics Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Automotive Ceramics Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
9.1.1. Powder-Based
9.1.2. Liquid-Based
9.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
9.2.1. Polyester
9.2.2. Epoxy
9.2.3. Polyurethane
9.2.4. Acrylic
9.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
9.3.1. Automotive
9.3.2. Industrial
9.3.3. Heavy-duty Equipment
9.3.4. Architectural
9.3.5. Furniture
9.3.6. Others
10. North America Automotive Ceramics Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Automotive Ceramics Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
11.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
11.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
12. Canada Automotive Ceramics Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
12.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
12.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
13. Mexico Automotive Ceramics Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
13.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
13.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
14. Europe Automotive Ceramics Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
14.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
14.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
15. Europe Automotive Ceramics Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Automotive Ceramics Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
16.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
16.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
17. France Automotive Ceramics Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
17.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
17.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
18. Germany Automotive Ceramics Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
18.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
18.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
19. Italy Automotive Ceramics Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
19.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
19.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
20. Spain Automotive Ceramics Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
20.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
20.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
21. Sweden Automotive Ceramics Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
21.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
21.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
22. CIS Countries Automotive Ceramics Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
22.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
22.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
23. Rest of Europe Automotive Ceramics Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
23.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
23.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
24. Asia Pacific Automotive Ceramics Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
24.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
24.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
25. Asia Pacific Automotive Ceramics Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Automotive Ceramics Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
26.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
26.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
27. India Automotive Ceramics Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
27.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
27.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
28. Japan Automotive Ceramics Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
28.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
28.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
29. South Korea Automotive Ceramics Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
29.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
29.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
30. Australia Automotive Ceramics Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
30.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
30.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
31. ASEAN Automotive Ceramics Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
31.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
31.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
32. Rest of Asia Pacific Automotive Ceramics Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
32.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
32.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
33. Middle East Africa Automotive Ceramics Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
33.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
33.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
34. Middle East Africa Automotive Ceramics Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Automotive Ceramics Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
35.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
35.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
36. GCC Countries Automotive Ceramics Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
36.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
36.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
37. Egypt Automotive Ceramics Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
37.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
37.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
38. Nigeria Automotive Ceramics Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
38.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
38.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
39. Rest of ME&A Automotive Ceramics Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
39.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
39.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
40. South America Automotive Ceramics Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
40.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
40.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
41. South America Automotive Ceramics Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Automotive Ceramics Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
42.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
42.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
43. Argentina Automotive Ceramics Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
43.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
43.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
44. Rest of South America Automotive Ceramics Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029
44.2. Market Size (Value) Estimates & Forecast By Resin Type, 2022-2029
44.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Automotive Ceramics Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Type s and R&D Investment
45.2.2. New Type Launches and Type Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile : Key Players
45.3.1. PPG Industries, Inc.
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Type Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. DuPont
45.3.3. Bowers Industrial
45.3.4. Axalta Coating Systems
45.3.5. DSM
45.3.6. The Valspar Corporation
45.3.7. Specialty Polymer Coatings Inc.
45.3.8. Phygen Coatings, Inc.
45.3.9. Michelman, Inc.
45.3.10. Vitracoat America
45.3.11. Other Key Players
46. Primary Key Insights
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