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Fusion Bonded Epoxy Powder Coating Market, Global Outlook and Forecast 2024-2030

Fusion Bonded Epoxy Powder Coating Market, Global Outlook and Forecast 2024-2030

  • Published on : 21 November 2024
  • Pages :129
  • Report Code:SMR-8019378

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Report overview

The global Fusion Bonded Epoxy Powder Coating market size was valued at US$ 892.4 million in 2024 and is projected to reach US$ 1.34 billion by 2030, at a CAGR of 7.0% during the forecast period 2024-2030.
The United States Fusion Bonded Epoxy Powder Coating market size was valued at US$ 267.8 million in 2024 and is projected to reach US$ 387.5 million by 2030, at a CAGR of 6.4% during the forecast period 2024-2030.
Fusion Bonded Epoxy Powder Coating is a thermoset polymer coating applied electrostatically to metal surfaces, providing excellent corrosion protection for pipelines and industrial equipment.
The global market is expanding steadily, driven by infrastructure development and corrosion protection needs. In 2023, consumption reached 380,000 metric tons, with pipeline applications accounting for 70% of demand. The market saw a 25% increase in demand for dual-layer systems in 2023. Single-layer coatings dominate with a 65% market share, while multi-layer systems are growing at 12% annually. North America leads with a 40% market share, while Asia Pacific is the fastest-growing region at 7.8% CAGR. The industry is focusing on developing eco-friendly formulations, with a 30% growth in R&D investments for sustainable solutions.
Report Overview Fusion Bonded Epoxy Powder Coatings are an epoxy-based powder coating that is widely used to protect steel pipe used in pipeline construction, concrete reinforcing bars (rebar) and on a wide variety of piping connections, valves etc. from corrosion. FBE coatings are thermoset polymer coatings. They come under the category of protective coatings in paints and coating nomenclature. This report provides a deep insight into the global Fusion Bonded Epoxy Powder Coating market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Fusion Bonded Epoxy Powder Coating Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Fusion Bonded Epoxy Powder Coating market in any manner. Global Fusion Bonded Epoxy Powder Coating Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Akzonobel DowDupont BASF SE PPG Industries Valspar 3M The Bayou Companies Axalta Coating Systems SolEpoxy KCC Corporation Jotun Powder Coatings Sherwin-Williams Market Segmentation (by Type) Fast Curing Type Common Curing Type Market Segmentation (by Application) Oil & Gas Industrial Chemical Processing Municipal Water Supply Others Geographic Segmentation