MRO Magazine

Research and Markets: Powder Coatings Market in Russia 2015-2019


July 30, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/3cp28d/powder_coatings) has announced the addition of the “Powder Coatings Market in Russia 2015-2019” report to their offering.

The powder coatings market in Russia to grow at a CAGR of 9.19% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the powder coatings market in Russia for the period 2015-2019. The report also provides data on the different segments of the market, which are based on the following criteria: type (thermoset powder coatings that include polyester, epoxy-polyester, epoxy, and acrylic powder coatings and thermoplastic powder coatings that include PVC, nylon, and other thermoplastic powder coatings); substrate (metals, plastics, and wood); and application (architecture, general industry, automotive, and other applications).

The report, Powder Coatings Market in Russia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

An increasing number of vendors in Russia are focusing on the development and introduction of powder coatings for pipelines. With growing competition in various other applications, key vendors are targeting niche applications that are expected to offer strong growth opportunities. Jotun offers various powder coatings for steel substrates of pipelines, under the brand name Jotapipe. These are either stand-alone FBE or dual-layer FBE systems that provide enhanced performance characteristics such as UV stability, anti-slip, and abrasion-resistance.

According to the report, India, the construction industry in Russia has been witnessing strong growth, posting a CAGR of over 10% during 2008-2013. Increased investment in rail and road services, infrastructure projects by the government, and private funding have contributed to the growth of this industry. The demand for powder coatings for these applications has also increased significantly, and key vendors are enhancing their presence in the country to secure a greater market share.

Further, the report states that economic downturn in Russia is expected to restrict market growth.

Key vendors

– AkzoNobel

– Jotun

– PrimaTek

– Russkie Kraski

– Teknos

Other prominent vendors

– FreiLacke

– Helios

– IGP Powder Coatings

– Neokem

– Plascoat

– PPG

– Pulver Kimya

– ST Powder Coatings

– Stardust Powder Coatings

– TIGER Coatings

– Valspar

For more information visit http://www.researchandmarkets.com/research/3cp28d/powder_coatings

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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