Powder Coatings Market Industry Analysis, Key Vendors, Opportunity and Forecast To 2028
Major factors that are expected to boost the growth of the powder coatings market in the forecast period are the rise in the production of automobiles. Furthermore, growing need for medical devices is further anticipated to propel the growth of the powder coatings market. Moreover, the promising applications in shipbuilding and pipeline industries is further estimated to cushion the growth of the powder coatings market. On the other hand, the struggle in obtaining thin films is further projected to impede the growth of the powder coatings market in the timeline period.In addition, the rise in the use of powder coatings in automotive industry and advancing applications in shipbuilding and pipeline industries will further provide potential opportunities for the growth of the powder coatings market in the coming years. However, the environmental tasks which might further challenge the growth of the powder coatings market in the near future.
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