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Six functional powder coatings, the future development trend of mainstream

2023-10-18


More and more coating users appreciate the advantages of powder coatings such as stable storage, easy transportation and resource saving. Under the support of demand, the types of powder coatings are becoming more and more, with a wide range of applications. Powder coatings can be seen from small-size parts to various large-scale equipment. The market is expected to reach $15 billion billion by 2026, with a compound annual growth rate of 6.8 percent.

It is worth noting that China's powder coatings mainly contain epoxy, polyester and epoxy/polyester powder coatings, acrylic, polyurethane and fluorocarbon powder accounted for a small proportion, the proportion of less than 1%. Foreign-funded production enterprises occupy 80% of China's powder coating market share, most of the domestic powder coating enterprises lack of innovation, the level of technology is relatively backward, the production of powder coatings to ordinary powder coatings.

At present, the general powder coating market has appeared in the situation of oversupply, market competition intensified, the core competitiveness of enterprises is eliminated by the market. This has prompted companies to transform and upgrade, focus on the powder market, and develop functional powder coatings with special functions to meet the surface coating for specific purposes.

Functional powder coatings are powder coatings that are suitable for specific occasions and have special functions. On the basis of traditional protection and decoration, it gives the coating a variety of special properties, such as insulation, anti-corrosion, waterproof, high temperature resistance and radiation protection. According to the function, it can be divided into anti-corrosion type, weather resistance type, heat resistance type, hydrophobic type and antibacterial type powder coating and other types. At the same time, with the development of powder coatings, new types of powder coatings such as anti-mosquito and anti-graffiti are emerging.

Functional powder coatings cover all aspects of human life, for example, anti-corrosion powder coatings cover pipeline facilities, energy facilities, road transportation, marine facilities and military equipment. However, the development of functional powder coatings in China is relatively slow, in addition to decorative, anti-corrosion, weather-resistant powder coatings, other functional powder coatings are not developed.