Low Temperature Coating Market, by Coating Type (Powder-Based, and Liquid-Based), Resin Type (Polyester, Epoxy, Polyurethane, Acrylic), End-Use Industry (Automotive, Industrial, Heavy-Duty Equipment, Architectural, Furniture) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022

Chicago, IL -- (SBWire) -- 07/19/2017 --Coatings that are low-temperature coatings mainly designed for providing protection at lower temperatures against corrosion. These coatings are non-resistive to high temperature and act as a synthetic catalyst with super-weathering resistant and self-cross linked as a carrier. Specifically, these are used for working at lower temperatures. The low temperature coating enhances the coating adhesiveness and strengthens rate of action. One most common type of low-temperature coating is powder coating which is mainly used in industries. Epoxies, polyurethanes, tungsten carbide and several other raw materials are used for development of low-temperature coatings.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the low temperature coating market. The scope of this report covers the low temperature coating market by its major segments, which include the types, applications, and the major geographic regions.

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On the basis of region, the global market for low-temperature coatings has been fragmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, North America in terms of volume has major market share in past few years followed by Asia Pacific and Europe region. Certain regions which have lower temperatures such as Europe and North America, low temperature coatings are extensively used to in these regions. The US, Germany and France are among the top regions that are engaged in R&D activities of low-temperature coatings. In North America, producers of low-temperature coatings are building efforts for developing environment-friendly products and reducing potential health hazards.

MARKET SEGMENTATION

This report analyzes the low temperature coating market by the following segments:

Low Temperature Coating Market, by Coating Type
1. Powder-Based
2. Liquid-Based

Low Temperature Coating Market, by Resin Type
1. Polyester
2. Epoxy
3. Polyurethane
4. Acrylic
5. Others

Low Temperature Coating Market, by End-use Industry
1. Automotive
2. Industrial
3. Heavy-duty Equipment
4. Architectural
5. Furniture

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