Market revenue in 2022 | USD 7,500.5 million |
Market revenue in 2030 | USD 11,058.7 million |
Growth rate | 5% (CAGR from 2022 to 2030) |
Largest segment | Consumer goods |
Fastest growing segment | Consumer Goods |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Consumer Goods, Architectural, Automotive, General Industries, Furniture |
Key market players worldwide | Nordson Corp, Graco Inc, Carlisle Companies Inc, Statfield Equipments, Reliant Finishing Systems, Pittsburgh Spray Equipment, Reinhardt-Technik, Anest Iwata, SAMES KREMLIN, Hangzhou Color Powder Coating Equipment Co., Mitsuba Systems ( I ) P.Ltd, The Eastwood Company, Parker Ionics, Redline Industries |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to powder coating market will help companies and investors design strategic landscapes.
Consumer goods was the largest segment with a revenue share of 24.56% in 2022. Horizon Databook has segmented the North America powder coating market based on consumer goods, architectural, automotive, general industries, furniture covering the revenue growth of each sub-segment from 2018 to 2030.
The powder coating market in North America has been experiencing steady growth and is considered one of the mature markets for powder coatings globally. The region comprises the U.S., Canada, and Mexico, and each country contributes to the growth and development of the powder coating market.
North America is a prominent powder coatings manufacturer due to various end-use industries, including automobile and construction, in countries such as the U.S., Canada, and Mexico, which, in turn, is driving the demand for powder coatings in the region.
Automobile is one of the major end users of powder coatings. As per OICA, in 2023, automobile production in Canada and the U.S. grew by 26% and 6%, respectively, compared to the production in 2022.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America powder coating market , including forecasts for subscribers. This continent databook contains high-level insights into North America powder coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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