The global powder coatings market size is predicted to reach USD 15 billion by 2026, exhibiting a CAGR of 6.8% during the forecast period. The growing shift from liquid coatings to powder coating owing to its safe and anti-hazardous waste factor will fuel the demand for powder coatings, which in turn will boost the powder coatings market growth in the forthcoming years. As the solvent used in liquid coatings produce harmful fumes and the used solvents are considered as hazardous waste. Also discarded liquid coatings should be disposed of properly which can be an expensive and time-consuming process. This, factor will play a critical role in propelling the growth of the market.
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