How big is the Powder Coating Market | Manufacturers and Suppliers 2025

Code: MTA7989 Publication Date: Aug 2025

How big is the Powder Coating Market?

According to 6Wresearch internal database and industry insights, the Global Powder Coating Market was valued at USD 3300 Billion in 2024 and is expected to reach USD 5600 Billion by 2031, growing at a compound annual growth rate of 7.10% during the forecast period (2025-2031).

Rising eco-friendly coating adoption, the need for corrosion-resistant surfaces, the expansion of powder coating technologies for industrial applications, and rising construction and automotive production are the main factors driving the market growth.

Growth Factors for Powder Coating Market

  • The need for long-lasting and visually appealing powder-coated surfaces 
  • The use of powder coatings to improve the appearance of automobile bodies and other components 
  • Environmental regulations are promoting the use of environmentally friendly and solvent-free powder coating technologies.
  • The demand is being raised by the expansion of the electronics, appliances, and metal furniture sectors. 
  • Technological developments have enabled high-performance applications across a range of industries.

Powder Coating Market Trends

Powder Coating Market is seeing an increased adoption in construction, automotive, and appliance sectors due to its durability, corrosion resistance, and eco-friendly nature. Manufacturers are focusing on advanced formulations, including UV-curable and low-temperature cure powders, to expand application possibilities. There is growing demand for custom-colored and textured coatings to meet design and aesthetic requirements. Automation in powder coating application and curing processes is improving efficiency and consistency. The market is experiencing regional expansion in Asia-Pacific due to growing industrialization and infrastructure projects. Additionally, the trend of lightweight and corrosion-resistant coatings in automotive and aerospace sectors is boosting powder coating usage.

Emerging Developments in the Powder Coating Market

Emerging developments in the Powder Coating Market include the introduction of nanotechnology-based powders that provide superior surface finish and enhanced durability. Companies are investing in R&D to develop energy-efficient curing systems and low-temperature powder formulations suitable for heat-sensitive substrates. Strategic partnerships and joint ventures are facilitating market penetration into emerging economies. There is increasing interest in developing multifunctional coatings that combine aesthetics, corrosion protection, and scratch resistance. Adoption of digital color matching and automated powder application systems is improving operational efficiency. Research into bio-based and sustainable powder coating materials is gaining traction.

List of Leading Companies in the Powder Coating Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. AkzoNobel N.V.

Company NameAkzoNobel N.V.
Establishment Year1792
HeadquarterAmsterdam, Netherlands
Official WebsiteClick here

AkzoNobel offers a wide range of powder coatings for automotive, industrial, and architectural applications, focusing on durability, performance, and sustainable coating solutions across multiple regions.

2. PPG Industries, Inc.

Company NamePPG Industries, Inc.
Establishment Year1883
HeadquarterPittsburgh, United States
Official WebsiteClick here

PPG Industries provides high-performance powder coatings that enhance surface protection, corrosion resistance, and aesthetics for automotive, aerospace, and industrial sectors worldwide.

3. Axalta Coating Systems Ltd.

Company NameAxalta Coating Systems Ltd.
Establishment Year1866
HeadquarterPhiladelphia, United States
Official WebsiteClick here

Axalta delivers innovative powder coating solutions for automotive, industrial, and architectural applications, combining high durability with eco-friendly formulations to meet stringent environmental standards.

4. Sherwin-Williams Company

Company NameSherwin-Williams Company
Establishment Year1866
HeadquarterCleveland, United States
Official WebsiteClick here

Sherwin-Williams provides a comprehensive portfolio of powder coatings for industrial and decorative applications, emphasizing high-quality finishes and sustainable coating technologies.

5. BASF SE

Company NameBASF SE
Establishment Year1865
HeadquarterLudwigshafen, Germany
Official WebsiteClick here

BASF develops advanced powder coatings that improve corrosion protection, surface aesthetics, and chemical resistance, catering to automotive, construction, and industrial end-users worldwide.

6. Jotun Powder Coatings

Company NameJotun Powder Coatings
Establishment Year1926
HeadquarterSandefjord, Norway
Official WebsiteClick here

Jotun offers powder coatings for architectural, decorative, and industrial uses, focusing on durable, eco-friendly, and high-performance surface solutions.

7. AkzoNobel Powder Coatings

Company NameAkzoNobel Powder Coatings
Establishment Year1792
HeadquarterAmsterdam, Netherlands
Official WebsiteClick here

AkzoNobel powder coating division specialises in protective and decorative coatings for metals, offering products that enhance corrosion resistance and environmental compliance.

8. PPG Powder Coatings

Company NamePPG Powder Coatings
Establishment Year1883
HeadquarterPittsburgh, United States
Official WebsiteClick here

PPG provides innovative powder coating products with enhanced performance properties, serving industries such as automotive, electronics, and heavy machinery.

9. Axalta Powder Coatings

Company NameAxalta Powder Coatings
Establishment Year1866
HeadquarterPhiladelphia, United States
Official WebsiteClick here

Axalta powder coatings focus on functional and aesthetic performance, catering to industrial, transportation, and construction sectors with advanced curing and application technologies.

10. Sherwin-Williams Powder Coatings

Company NameSherwin-Williams Powder Coatings
Establishment Year1866
HeadquarterCleveland, United States
Official WebsiteClick here

Sherwin-Williams produces high-quality powder coatings designed to provide durable finishes for industrial machinery, construction materials, and consumer goods with sustainable formulations.

How big is the Powder Coating Market 2025: FAQs

The Powder Coating Market is projected to reach USD 5600 billion by 2031.
The Powder Coating Market is expected to grow at a CAGR of 7.10% during 2025-2031.
Asia-Pacific, Europe, and North America are leading regions due to industrial expansion and construction activities.
Trends include adoption of UV-curable powders, automated application systems, eco-friendly coatings, hybrid formulations, and nanotechnology-based products.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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