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250 Pages Consumer Appliance Coatings Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
Latest industry survey by Fact MR, predicts sales of Consumer Appliance Coatings to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The report offers actionable and valuable market insights of Consumer Appliance Coatings. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Consumer Appliance Coatings Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Consumer Appliance Coatings market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Consumer Appliance Coatings
This newly published and insightful report sheds light on Market Insights of Consumer Appliance Coatings, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Consumer Appliance Coatings Market.
Fact.MR’s research study assesses the global consumer appliance coatings market in terms of application, resin, and region.
This report presents extensive market dynamics and trends associated with different segments of the market and their influence on the growth prospects of the global consumer appliance coatings market.
- Large Cooking Appliances
- Home Laundry
- Other Applications
- Epoxy PE Hybrid
- Other Resins
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa (MEA)
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Scope of the Report
A recent study by Fact.MR on the consumer appliance coatings market offers a 10-year forecast from 2020 to 2030. The study analyzes crucial trends that are currently determining market growth.
This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players associated with the manufacturing of consumer appliance coatings.
The study also provides the dynamics that are responsible for influencing the future status of the consumer appliance coatings market over the forecast period.
A detailed assessment of the consumer appliance coatings value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the consumer appliance coatings market, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers a comprehensive analysis on diverse features, including demand, product developments, revenue generation, and sales in the consumer appliance coatings market across the globe.
A comprehensive estimate on the consumer appliance coatings market has been provided through an optimistic as well as a conservative scenario, taking into account sales during the forecast period.
Price point comparison by region with global average price is also considered in the study.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the consumer appliance coatings market report, which have helped deliver projections on regional markets.
These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the consumer appliance coatings market during the forecast period.
Country-specific valuation on demand for consumer appliance coatings has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries.
For all regional markets, Y-o-Y growth estimates have also been incorporated in the report. Detailed breakup in terms of value for emerging countries has also been included in the report.
Key Takeaways from Consumer Appliance Coatings Market Report
- Increasing application of consumer appliance coatings in refrigeration is expected to bolster the growth of the market throughout the forecast period.
- In terms of resins, epoxy is anticipated to lead the global consumer appliance coatings market.
- Large cooking appliances will remain another lucrative segment in terms of application.
- Owing to high demand from countries such as China. India, and others, Asia Pacific will maintain its lead over the forecast period.
- China, being world’s largest market for consumer appliances and large number of domestic manufacturers, will fuel sales of consumer appliance coatings throughout the forecast period.
- Despite being negatively impacted by the outbreak of novel coronavirus, the global consumer appliance coatings market will exhibit slow, yet steady recovery, by the end of 2021.
“The global epoxy resins industry was valued at an estimated US$ 6.4 billion in 2015, and is growing steadily to reach US$ 9 billion in the next few years. Epoxy resins, being a highly required resin type of consumer appliance coatings, is expected to propel the growth of the market over the coming years,”says a Fact.MR analyst.
Increase in Demand from Refrigeration Segment Catalyzing Growth
With the consumer appliances industry, especially the refrigeration segment expanding fast, demand for consumer appliance coatings is increasing rapidly across the globe. As the global refrigeration industry is growing at over 4% CAGR, the consumer appliance coatings market is experiencing high demand.
Rise in adoption of natural refrigerant-based systems coupled with government support to strengthen cold chain infrastructure is spurring the growth of the refrigerator industry, which, in turn, is aiding the growth of the consumer appliance coatings market.
Recently, the Government of India has started allowing 100% Foreign Direct Investment (FDI) in the cold chain sector in order to improve cold chain infrastructure. Under this policy, a minimum investment of US$ 100 is required, with at least 50% investment in back-ended infrastructure.
Consumer Appliance Coatings Market: Competitive Landscape
With competition getting fiercer, key players in the consumer appliance coatings market are emphasizing on launching quality products suitable for broad categories of applications, from home laundry to refrigeration.
- Akzo Nobel NV launched its new range of domestic appliance coatings for a broad range of appliances such as central heating and radiators, freezers, air conditioning units, and others, with emphasis on minimizing harmful emissions and waste into the environment.
- Axalta Coating Systems launched its new range of liquid and powder consumer appliance coatings, including the 3-wet system, 2-wet monocoat, voltatex, and others.
- Jotun A/S launched its new extensive range of consumer appliance coatings such as powder coatings, decorative coatings, protective coatings, and others, with long-lasting finishes, corrosion resistance, and fouling protection.
Some of the companies profiled in the consumer appliance coating market report are Nippon Paint Co., Ltd, PPG Industries, Inc., The Sherwin-Williams Company, and Tiger Corporation.
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Report Benefits & Key Questions Answered
- Consumer Appliance Coatings Company & brand share analysis: The report offers brand-share analysis on Consumer Appliance Coatings market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
- Consumer Appliance Coatings Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
- Consumer Appliance Coatings Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
- Consumer Appliance Coatings Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
- Consumer Appliance Coatings Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
- Post COVID consumer spending on Consumer Appliance Coatings: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Consumer Appliance Coatings sales.
More Valuable Insights on Consumer Appliance Coatings Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Consumer Appliance Coatings, Sales and Demand of Consumer Appliance Coatings, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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