The United Nations Population Fund states that Asia Pacific accounts for 60% of the world's population, which is 4.3 billion people. The region has witnessed economic growth over the last decade.Īccording to the IMF and World Economic Outlook, China and Japan were the world's second-and third-largest economies, respectively, in 2021. Homeowners use electronic components, gutters and downspouts, bathroom scales, mailboxes, satellite dishes, toolboxes, and fire extinguishers that benefit from the powder-coated finish.Īsia Pacific is forecasted to be the fastest-growing coating resins market during the forecast period.Īsia Pacific is the largest coating resins market, in terms of both value and volume, and is projected to be the fastest-growing coating resins market during the forecast period. Office workers use powder-coated file drawers, computer cabinets, metal shelving, and display racks.
Sports enthusiasts use powder-coated bicycles, camping equipment, golf clubs, golf carts, ski poles, exercise equipment, and other sports equipment.
Farmers use powder-coated agricultural equipment and garden tools. General industrial coatings are used to coat bleachers, soccer goals, basketball backstops, lockers, and cafeteria tables in schools and offices. The powder-coated products used in daily life include lighting fixtures, antennas, and electrical components.
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