Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Acrylic Powder Coating Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Acrylic Powder Coating Market?
The market size for acrylic powder coating has seen a consistent rise in recent years. The market that was valued at $1.53 billion in 2024 is expected to reach $1.6 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 4.5%.
What Are the Expected Market Growth Trends for the Acrylic Powder Coating Market Through 2029?
The Acrylic Powder Coating market is forecasted to reach a size of $1.98 billion in 2029, with a compound annual growth rate (CAGR) of 5.5%.
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What Are the Key Business Drivers in the Acrylic Powder Coating Market Landscape?
The key Drivers in the acrylic powder coating market are:
• The growth of the automotive industry contributes to the expansion of the acrylic powder coating market.
• The increasing global demand for electric vehicles drives the demand for acrylic powder coating.
• Developments in autonomous driving technology enhance the use of acrylic powder coatings in automotive applications.
• Rising consumer preferences for smart transportation systems and mobility solutions increase the need for acrylic powder coatings.
How Is the Acrylic Powder Coating Market Divided Across Key Categories?
The acrylic powder coatingmarket covered in this report is segmented –
1) By Type: Thermoplastic Acrylic Powder Coatings, Thermosetting Acrylic Powder Coatings
2) By Technology: Electrostatic Spray, Fluidized Bed, Electrostatic Fluidized Bed
3) By Formulation: Glossy, Semi-Glossy, Matte, Metallic, Textured
4) By Chemical Resistance: High Chemical Resistance, Medium Chemical Resistance, Low Chemical Resistance
5) By Application: Automotive, Construction, Appliances, Furniture, Aerospace
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What Are the Ongoing Trends in the Acrylic Powder Coating Market?
The key trends in the acrylic powder coating market are:
• The development of more advanced acrylic powder coating products is emerging as a major trend.
• There is an increasing focus on producing coatings that enhance appearance and protect against environmental damage.
• Variety in finish options reflecting contemporary design trends is a growing trend in acrylic powder coating.
• Ensuring products offer functional benefits, such as outstanding tinting stability, is becoming an important market trend.
Which Companies are Expanding in the Acrylic Powder Coating Industry?
The key players in the acrylic powder coating market are:
• BASF SE
• Covestro AG
• PPG Industries Inc.
• Evonik Industries AG
• Akzo Nobel N.V.
• Nippon Paint
• DIC Corporation
• KCC Corporation
• Axalta Coating Systems
• Asian Paints Limited
• Kansai Paint
• Jotun AS
• Tiger Coatings
• IFS Coatings
• Anderson Development Company
• Tamiras
• ABITL Finishing Inc.
• Hosokawa Alpine AG
• Vijay Coat Powder Coatings
• Primco Paints
Which is the Largest Region the Global Acrylic Powder Coating Market?
Asia-Pacific was the largest region in the acrylic powder coating market in 2024
