全球粉末涂料行业市场持续增长，粉末涂料用聚酯树脂行业迎契机（一）

Investment Rating - The report indicates a positive outlook for the global powder coating industry, highlighting significant growth opportunities driven by various market factors. Core Insights - The global powder coating market is experiencing continuous growth, with the market size increasing from $119.2 billion in 2021 to $171.0 billion in 2021, reflecting a compound annual growth rate (CAGR) of 4.1% [1] - The Asia-Pacific region is the largest market for coatings, accounting for 46% of the global market share in 2021, followed by Europe (24%), North America (19%), the Middle East and Africa (6%), and Latin America (5%) [2] - The powder coating segment is benefiting from economic recovery and a growing emphasis on sustainability, with its market share in Asia reaching 74.1% in sales volume and 63.8% in sales value in 2021 [4] Summary by Sections Global Powder Coating Market Overview - The powder coating industry is part of the fine chemical products sector, essential for various industries including machinery manufacturing, transportation, light industry, chemicals, and construction [1] - The demand for coatings is primarily driven by growth in the construction sector, automotive industry, urban population increase, and global economic improvement [1] Regional Market Analysis - In 2021, Asia was the largest producer and consumer of coatings, with significant advantages in manufacturing capacity, labor, and raw materials [2] Application Segmentation - In 2021, decorative coatings represented the largest segment, accounting for 48.8% of the global market, followed by general industrial coatings (11.0%), protective coatings (7.8%), powder coatings (6.9%), and wood coatings (6.3%) [4] - The powder coating market is projected to grow from $14.7 billion in 2022 to $19.9 billion by 2028, indicating strong future growth potential [7]