Powder Coatings Market to Approximate US$10.5 Billion by 2018 with Increasing Deployment in BRICS Countries
According to a new market study released by Transparency Market Research (TMR), a leading U.S.-based market intelligence firm, the global powder coatings market is expected to expand rapidly in the coming years thanks to growing demand for consumer goods from the emerging BRICS economies. These countries have some of the fastest developing economies in the world and goods ranging from appliances to automobiles have a high demand from these countries. The high population of India and China, collectively accounting for 36% of the global population, also aids the powder coatings market.The report, compiled by experienced analysts using analytical tools such as Porter’s five forces analysis and market attractiveness analysis, is titled ‘ Powder Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 ’ and is available for sale on TMR’s website. The report presents historical statistics regarding the growth of the powder coatings ...