PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449488
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449488
The global porcelain enamel coatings market size is expected to reach USD 2.82 billion by 2032, according to a new study by Polaris Market Research. The report "Porcelain Enamel Coatings Market Share, Size, Trends, Industry Analysis Report, By Form (Powder, Liquid); By Resin; By Application; By End-use; By Region; Segment Forecast, 2023- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Porcelain enamel coatings find extensive use in the construction sector for architectural components such as facades, roofing, cladding, and panels. The coatings enhance the durability and aesthetics of these structures, making them resistant to environmental factors. The market has a significant scope in the home appliances sector. Cookware, ovens, refrigerators, and other household appliances often feature porcelain enamel coatings due to their ability to provide a durable, heat-resistant, and visually appealing finish.
An increase in the new infrastructure, such as buildings and public spaces, with a significant emphasis on aesthetics and durability, is driving the market growth significantly. Moreover, increasing urbanization, rising disposable income, and growth in the number of nuclear families are also increasing the demand for household products and appliances, thereby fueling the growth of the porcelain enamel coatings market. Additionally, the aesthetic benefits and heat & acid resistance offered by electronic products owing to the use of porcelain enamel coatings will help to fuel market growth in the projected years.
The benefits, such as resistance to detergents, abrasions, and scratches, and easy cleaning, have proved beneficial for bathtubs, sinks, and household washing machines. Thus, with the rising need for these household products, the demand for porcelain enamel coatings will also increase in the coming years. Moreover, the market is experiencing significant growth owing to the growing need for pans, cookers, and pots with nonstick cooking surfaces. The superior performance of porcelain enamel coatings on kitchen cookware is also attracting consumers.
The rapid expansion of the residential sector, de to an increase in construction activities, will significantly boost the market growth. Porcelain enamel coatings provide a layer of protection against weathering, corrosion, and wear and tear, owing to which their use has been drastically increased in various architectural elements such as cladding, roofing, and facades. The strong production base, high production capacities, and increasing focus of manufacturers on acquisitions, mergers, and other strategic initiatives are also propelling the overall market growth.
In 2023, the powder segment accounted for the largest market share, owing to its better properties compared to liquid coatings.
The epoxy resin coatings segment held the largest market share in 2023, owing to superior adhesion and chemical resistance provided by resin epoxy coatings.
The residential segment is anticipated to witness the fastest CAGR during the forecast period, owing to the rapid growth in the construction activities across the residential sector.
Asia Pacific accounted for the largest market share, owing to the rising consumption of electronic products and the strong production base of companies in this region.
The market players include Hunan Noli Enamel, Vibrantz, PEMCO International, Capron Manufacturing, TOMATEC, & A. O. Smith.
Polaris Market Research has segmented the porcelain enamel coatings market report based on form, resin, application, end-use and region: