Latest report on Global powder coatings market size, share, trends, growth and forecasts to 2020

The global market for powder coating is expected to reach USD 12.48 billion by 2020, according to a new study by Grand View Research, Inc. Growing support for the use of powder coatings in comparison to conventional liquid paints by regulatory agencies such as EPA and REACH on account of negligible VOC emissions is expected to be a key driver for market growth.

In addition, growing application demand with regards to automotive, appliances and consumer goods is also expected to drive powder coating sales over the next six years.

Consumer goods are the largest application market for powder coatings, with estimated consumption of 437.3 kilo tons in 2013. Automotive and general Industries were the key application markets, with combined powder coating sales expected to reach USD 5.11 billion by 2020.

Powder coating demand in furniture was relatively small in 2013 but is expected to witness substantial growth of over 7.6% from 2014 to 2020.


Further key findings from the study suggest:

The global market for powder coatings was 1,977.1 kilo tons in 2013 and is expected to reach 3,202.5 kilo tons by 2020, growing at a CAGR of 7.2% from 2014 to 2020.

Asia Pacific was the largest regional market for powder coatings, with estimated consumption of over 900 kilo tons in 2013. This can be attributed to the presence of large manufacturing setup in the region, especially in India and China, as well as rapidly growing domestic demand in various applications. This region is also expected to witness fastest growth and grow at a CAGR of 8.5% from 2014 to 2020.

Europe and North America were the other key markets for powder coatings. However, they are expected to lose regional market share owing to the shift in manufacturing units from these regions to emerging economies in Asia and Latin America.

AkzoNobel, Sherwin Williams and PPG were the largest companies in the market with a combined share of over 25% in 2013. Other key participants in the market include Dupont, BASF, Valspar and Nippon Paints. <more>

More than one FIR for same incident not permissible: HC
A dozen officials of Berger Paints India Limited, most of them from Kolkata, got a major relief from the High Court of Karnataka. Police had filed three FIRs in the case of a fire in the building that also housed a Berger Paints warehouse. The HC quashed two FIRs (888/2013 and 889/2013) against the 12 persons saying as a FIR had been registered before these two, filing further FIRs was impermissible.

The Madiwala police had filed the FIRs based on a complaint by the owner of the building situated in Bengaluru south. The case was filed against the managing director and a few senior vice presidents among others. The company had a stock and distribution centre in Hongasandra Village Post, Bengaluru South Taluk. The place was leased from one C Ananda Reddy. Another company, NF Apparels Private Limited, also had its garment factory in the building.

A fire broke out in the building on November 8, 2012. One Yatheesh noticed the smoke and informed the fire brigade and the police. The police filed a case. This was registered as FIR 898/20012 and charges of negligence under IPC were made. A chargesheet was filed in the case and cognisance was taken. Subsequently, the NF Apparels Private Limited filed a private complaint which was directed to the Madiwala police who filed the case FIR 888/2013. In this, the charges were made under Explosives Substances Act and Petroleum Act apart from IPC. The landlord approached the court with a private complaint after which another FIR was filed by the police in the incident. This was FIR 889/13. The two subsequent FIRs was challenged by Berger Paints and its officers.<more>

Chrome Pigments Market - Global Industry Analysis and Forecast 2014-2020
Persistence Market Research is released upcoming report on title "Chrome Pigments Market: Global Industry Analysis and Forecast 2014 - 2020".

New York, NY -- (ReleaseWire) -- 04/02/2015 -- Color pigments are broadly classified in two segments: organic and inorganic color pigments. The market for inorganic color pigments is further divided based on their source as iron oxide, cadmium based pigments, chrome pigments and several others. Chrome pigments are largely derived from lead compounds and have a range of properties such as high color strength, high solubility, highly concentrated and non reactive making chrome pigments apposite for applications such as paints and coatings, inks, plastics, rubber, detergents and soaps, ceramics and polishes. The market for chrome pigments was initially dominated by North America and other developed regions; however there is shift in global trend largely due to increased environmental regulations over inorganic pigments. The current market for chrome pigments is largely dominated by China followed by North America and other countries across globe. Countries present in Asia Pacific such as India, Indonesia and Vietnam are expected to have a stable or upward trend for chrome pigments principally due to the low cost of chrome pigments and non-stringent environmental regulations in the region.<more>


Big ticket land deal on the cards at Perungudi
A big ticket land deal, which could fetch Rs 550 crore, is under way at Perungudi on the Old Mahabalipuram Road in Chennai. The 15.86 acres of freehold land that belongs to Kansai Nerolac Paints is expected to garner Rs 1.5 crore per ground.

Sources in the real estate industry said that four big names — Prestige Group, Tata’s, Ascendas and RMZ — are in the race for this deal. The transaction will be funded by GIC. Real Estate experts Jones Lang Lasalle and CBRE Group have got the mandate for the deal, which is expected to create more IT space in the OMR belt.

Kansai Nerolac Paints is the largest industrial paint and second largest decorative paint company based out of Mumbai. It is a subsidiary of Japan-based Kansai Paint engaged in industrial, automotive and powder coating business.

Kansai Nerolac could not be reached for comments. The bidders also did not want to speak on the deal. “In a bid, the price may go up higher. So there are chances of the value being more,” said one of the bidders.<more>

Further update
Not yet finalised deal to sell Chennai unit: Kansai Nerolac
CHENNAI: Industrial paint manufacturer Kansai Nerolac today said it has not finalised any deal to sell the Chennai unit along with the company's other surplus assets.

"...we have intimated that all the manufacturing activities at Perungudi in Chennai has been stopped, as such the assets have become surplus to our requirements. It was also mentioned, the Board has given its in-principle approval to explore various options for monetization of surplus assets of the company," Kansai Nerolac Paints Ltd said in a BSE filing.<more>


BASF commissions construction chemicals facility in India
BASF has started production at its construction chemicals facility at Nellore in the state of Andhra Pradesh, India.
Said to be the company's fifth such facility in India, the plant is located in Naidupet area of Nellore, and has access to road network and the Krishnapatnam Port. It will serve markets in the southern region of the country.
The site features a multiple tank storage facility and a concrete lab, which will allow BASF to create customised formulations.
The facility produces BASF's standard and custom-made concrete admixtures, including MasterGlenium, MasterPolyheed and MasterRheobuild range as well as construction systems such as MasterTile, MasterSeal, MasterTop, and MasterEmaco series.<more>

BASF sues Umicore in U.S. for patent infringements
FRANKFURT/BRUSSELS (Reuters) -- German chemicals firm BASF said today it has sued Belgian specialty materials group Umicore in the United States for infringing two patents related to components for lithium-ion batteries.

BASF has been investing hundreds of millions of euros to become a major force in battery chemicals, a market dominated by Asian players, betting on growing demand for electric vehicles powered by lithium-ion batteries.

The German company said it had filed suits against Umicore with the U.S. International Trade Commission (ITC) and a federal district court in Wilmington, Del., in late February.

According to the court filings, it accused Umicore of selling battery technology, certain lithium metal oxide cathode materials, that was developed by the University of Chicago Argonne and then licensed to BASF in 2009.

It also accused Umicore of threatening to sue a customer that was considering replacing Umicore with BASF as its supplier of battery components.

BASF said in the filings that Umicore's action had lost it billions of U.S. dollars of potential revenue and cost it the ability to compete as a supplier for electric car platforms expected to launch in 2016 and 2017.<more>

Powder coatings market in Germany scrutinized in new research
Technavio recognizes the following companies as the key players in the Powder Coatings Market in Germany 2015-2019: AkzoNobel NV, Axalta Coating Systems LLC, BASF SE, PPG Industries Inc. and The Valspar Corp.

Other Prominent Vendors in the market are: Brillux, CWS Powder Coatings, FreiLacke, Helios, IGP Powder Coatings, Jotun, Karl Wörwag Lack- und Farbenfabrik, Neokem, Plascoat, Rembrandtin Powder Coating, ST Powder Coatings, Teknos and TIGER Coatings.

Commenting on the report, an analyst from Technavio’s team said: “The increasing use of powder coatings for coil applications is a major trend in the market. Advances in technology and a greater cost-to-benefit ratio compared to alternative coating systems are expected to increase the demand for such powder coil coatings.”

According to the report, demand for powder coatings for application in products such as MDF is a major contributor to market growth. The use of powder coatings on such heat-sensitive substrates is limited, and metal substrates account for a major share of consumption.

However, with advances in technology, the powder coatings market for MDF is expected to grow rapidly during the forecast period.

Further, the report states that a maturing market for powder coatings in Germany is expected to restrict market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. <more>

Axalta unveils new sustainable coatings for China’s commercial vehicle market to support
SHANGHAI, Apr 08, 2015 (BUSINESS WIRE) -- Axalta Coating Systems, a leading global supplier of liquid and powder coatings, launches Imron® Hydro and Imron® Elite in China. The two products are part of the Imron family of coatings that are designed to help commercial vehicle manufacturers and operators meet productivity goals and increasingly challenging global and Chinese environmental regulations.<more>

Applied Graphene Materials Gets Good Polyurethane Test Results
LONDON (Alliance News) - Applied Graphene Materials PLC on Friday said it has received positive preliminary results from independent performance testing conducted on graphene-reinforced polyurethane coatings using graphene it produced.


The initial results demonstrate low loading levels of its graphene nanoplatelets substantially enhance the scratch resistance and ultimate tensile strength of a polyurethane clearcoat with minimal damage to transparency or colour.

Polyurethane coatings are used in a wide range of industries including automotive, aircraft and general industrial coatings.

The results open up a route for Applied Graphene to further development of commercial applications in high-performance paints and coatings, it said.<more>

Valspar Completes New $45 Million Manufacturing Center in China
MINNEAPOLIS, April 13, 2015 /PRNewswire/ -- Valspar Corporation (NYSE: VAL) announced that it has opened a new advanced manufacturing center in Tianjin, China to serve customers with a wide range of innovative paints and coatings products.
"Valspar has experienced strong growth in China as customer demand for high-performance and specified coatings continue to increase in this large market," said Gary E. Hendrickson, Valspar chairman and chief executive officer. "This investment furthers our technology and sustainability leadership to support our customers' needs in this important <more>

A champion of sustainability, Jotun increases production capacity while continuing its quest for innovation
Dammam: Jotun, the leading powder coatings and paint manufacturer in the Kingdom, has expanded its Powder Unit in Dammam to substantially increase capacity to meet growing demand. This expansion strengthens Jotun's position as the largest manufacturer of powder coatings in the Kingdom and will allow the company to further expand its commitment to offer sustainable solutions.
The opening ceremony was attended by His Excellency the Ambassador for Norway to KSA, Mr. Rolf Willy Hansen, who performed the ribbon-cutting in the presence of Jotun Powder Coatings SA Ltd management and board members.<more>

Powder coating tough Jan Feb 2015 digital edition now available on this link
 

parts2clean 2015 (9–11 June):
Leading trade show parts2cleanon course for success: Innovative solutions and know-how for efficient cleaning of parts and surfaces
– 13thparts2cleanwith a host of new and improved products and technologies
– Bilingual forum– cleaning know-how for greater efficiency

Stuttgart/Hannover. Effective cleaning of components and surfaces is an issue for practically every manufacturer today, not least because the bar for cleanliness is constantly being raised. At the same time the pressure on costs is also rising. So manufacturers face a twofold challenge: they have to meet specifications for cleanliness with the right technology – consistently and reliably – and they have to do so at an affordable cost. “This year’s parts2cleanoffers a wider range of solutions than ever before”, explains Olaf Daebler, Director ofparts2clean at Deutsche Messe. The 13thLeading International Trade Fair for Industrial Parts and Surface Cleaning from 9 to 11 June 2015 brings together over 250 exhibitors from 14 countries to present products and services for the end-to-end process chain at the Stuttgart Exhibition Centre. Their displays cover a total of 7,000 square meters of exhibition space, with a notable increase in display space booked by foreign exhibitors compared with previous years. These figuresindicate continuing growth forparts2cleanin 2015.

Innovations across all display categories
“parts2clean 2015will be the biggest and most international event in the history of this trade show”, declares Daebler. “Many exhibitors use the show to unveil their latest new products and improved solutions for the very first time to an international audience.”One example is a new dry cleaning plant for the efficient intermediate cleaning of power train components in the automotive industry. The plant operates without compressed air and consequently delivers enormous cost savings combined with higher process reliability and availability. Also making its debut at this year’sparts2cleanis an innovatives ystem that simultaneously deburrs components under high pressure and cleans them. And the first rod transducer for multi-frequency ultrasound will also be unveiled at the show. Designed for the 25 and 40 kHz frequencies commonly used for industrial parts cleaning,it provides a space-saving and cost-saving solution for installing multi-frequency ultrasound in single and multi-chamber cleaning plants.

Innovations await visitors in other areas too, such as the automation of cleaning processes prior to the fully automatic measurement of components or solutions integrated into assembly lines.Various new developments in cleaning media will also be on show, such as a salt-free multi-metal cleaner that can be delivered at high pressure, producing a completely dry and fleck-free surface. New developments and refinements in cleaning baskets and workpiece holders make it possible to reduce process times, optimize results and cut costs. Not least because they are flexible in their application and minimize the number of times parts need to be handled or repositioned – thereby cutting costs and reducing the risk of damage. New devices for the monitoring and maintenance of cleaning baths contribute to more stable processes, especially when cleaning with water-based media. This year’sparts2clean will also showcase solutions for monitoring and documenting cleanliness at the particulate level which comply with the revised VDA 19 industry standard. And new devices and systems for detecting and measuring film residues can also be seen at the show.
Bilingual Industry Forum and guided tours
The bilingualparts2cleanIndustry Forum gives visitors access to one of the most popular and sought-after sources of expert knowledge on all aspects of the industrial cleaning of parts and surfaces. With a lineup of 25 presentations (in German or English, with simultaneous translation provided), the Forum program covers different aspects of industrial cleaning technology ranging from the basics to specialized topics such as cleaning media, care and maintenance of cleaning baths, conservation, passivation, corrosion protection, quality assurance andchecking for cleanliness. Admission to the Industry Forum is free of charge for visitors toparts2clean.

This year’sparts2clean is again offering guided tours for visitors, first introduced at the last show. Theseare ideal for visitors who need to locate exhibiting firms offering solutions to very specific cleaning problems or requirements.

Surface technology at upcoming Deutsche Messe events
The next trade fairs on this theme scheduled to take place in Germany are O&S and parts2clean 2016, which run from 31 May to 2 June. The next overseas trade fairs aimed at the surface treatment industry are SurfaceTechnology INDIA, from 9 to 11 December 2015, SurfaceTreatment EURASIA, which runs from 11 to 14 February 2016, and Surface Technology NORTH AMERICA (staged in parallel withIMTS), from 12 to 17 September 2016.

Further information aboutparts2cleanand the guided tours, as well as the full program for the Industry Forum, can be found online atwww.parts2clean.de. A free admission ticket can be downloaded at www.messe-stuttgart.de/mts/p2cby entering the code p2c2015mt.

- - -

Tel.: +49 711 854085
E-mail: ds@pressetextschulz.de

Contact for tradeshow-related matters:
Katja Wohlers
Tel.: +49 4121 7009150
E-mail: mail@katjawohlers.de 

Additional information can also be found at: www.parts2clean.de
Doris Schulz, Landhausstraße 12, 70825 Korntal, Germany
E-mail: ds@pressetextschulz.de