South Korea Powder Coating Market Size & Outlook
South Korea powder coating market, 2018-2030 (US$M)
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South Korea powder coating market highlights
- The South Korea powder coating market generated a revenue of USD 1,153.9 million in 2022 and is expected to reach USD 1,754.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, consumer goods was the largest revenue generating application in 2022.
- Consumer Goods is the most lucrative application segment registering the fastest growth during the forecast period.
Powder coating market data book summary
| Market revenue in 2022 | USD 1,153.9 million |
| Market revenue in 2030 | USD 1,754.6 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Consumer goods |
| Fastest growing segment | Consumer Goods |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.4% of the global powder coating market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China powder coating market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,934.7 million by 2030.
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Powder Coating Market Scope
Powder Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea powder coating market outlook
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 25.01% in 2022. Horizon Databook has segmented the South Korea powder coating market based on consumer goods, architectural, automotive, general industries, furniture covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of powder coating market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea powder coating market , including forecasts for subscribers. This country databook contains high-level insights into South Korea powder coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea powder coating market size, by application, 2018-2030 (US$M)
South Korea Powder Coating Market Outlook Share, 2022 & 2030 (US$M)
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