Powder coating manufacturers are increasingly offering customized products in terms of thickness, color, and texture for niche applications across different substrate materials including plastics, paper, cartons, aluminum foils, and others. Potential advantages of high-speed application and reduced material waste., ability to create a variety of finishes and colors, improved durability, UV resistance, and barrier properties, and others drive the market outlook. Amidst growing demand in end-user industries including liquid and flexible packaging, medical packaging, Photographic paper, industrial packaging, and others, is encouraging new product launches in Powder coatings.
The development of new polymer materials and additives allows for enhanced performance characteristics in Powder coatings. The process is used to produce a large range of thin multilayer structures, in particular, Low density polyethylene (LDPE) is widely used for use in the Powder coating process. On the other hand, the polyethylene coating provides increased tear resistance, and acts as barrier against water and various gases. Further, industrialization and urbanization in emerging markets in APAC, LATAM, and Eastern Europe continue to shape the future of investments in the industry.
The use of advanced materials for the Powder coating process as protective or decorative layer onto the substrate is extending the applications of Powder coatings across taurpalins, paper coatings, cable wraps, pharmaceutical packaging, fertilizer packaging, and others. Leading companies are focusing diversification of applications to boost market shares.
LyondellBasell offers a wide range of PU resins including Petrothene and Lupolen low-density polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE), and Alathon high density polyethylene (HDPE), PPG markets coatings with both liquid and power technologies, SABIC offers Powder coatings for battery components, Kraton specializes in advanced polymers and elastomers, which are used in Powder coatings for batteries. Strong demand prospects are encouraging smaller firms and startups to develop new technologies and sustainable materials for addition of a thin polymer layer to create versatile, multilayer packaging across industries.
Advancements in Powder coating technologies including co-Powder, multi-layer coatings, and others coupled with robust demand for bio-based and eco-friendly coatings set to shape the market outlook. Ability to customize coatings to specific applications, such as varying thicknesses, textures, and colors fuel the market outlook. Co-Powder involves simultaneously extruding multiple layers of different materials to create a multi-layered coating. In particular, Co-Powder is used to create multi-layer films with different layers serving specific functions, such as oxygen and moisture barriers, which are crucial for food packaging, Multi-layer coatings are used in automotive parts to provide both aesthetic appeal and functional properties like scratch resistance and UV curable coatings protection.
Borealis AG and Kraton Polymers are focusing developing coatings with tailored properties. In addition, companies such as DuPont Kapton and Nomex, Solvay high-performance polymers are launching advances in polymer chemistry including PET-based Powder coatings, Polyamide (Nylon) for use in automotive and industrial applications. Self-Cleaning Coatings, Anti-Microbial Coatings, and others drive the market outlook. Development of coatings with enhanced barrier properties such as High-Barrier Films in electronic packaging, Medical Device Coatings with biocompatibility and sterilization resistance are focused by Mitsui Chemicals, Medicoat AG, and other players.
Robust Demand in Packaging Industry
The Powder coatings market is experiencing significant growth in the packaging industry, driven by the demand for lightweight, durable, and eco-friendly packaging solutions. The shift toward sustainable packaging materials, such as bio-based polymers, is also gaining traction, encouraging innovation in Powder coatings. In particular, the food and beverage packaging applications with enhanced protection against moisture, oxygen, and other contaminants are gaining strong demand, owing to excellent barrier properties, making them ideal for applications in flexible packaging, cartons, and aseptic packaging. Extruded Aluminum Foil with Polyethylene Coating is used in aseptic packaging for dairy and non-refrigerated beverages. Amcor utilizes Powder coatings in its AmLite product line, which includes aseptic packaging materials that offer high barrier protection.
Powder coatings enhance the protective properties of materials like paper, paperboard, and aluminum, making them suitable for a wide range of packaging applications. Flexible packaging, which includes bags, pouches, and wraps, is a major consumer of Powder coatings to barrier properties against moisture, oxygen, and light, extending the shelf life of perishable products. Dow Chemical offers a variety of polyethylene resins under its ELITE™ and DOWLEX™ brands. Cartons for beverages like milk, juice, and soups rely heavily on Powder coatings for protection against leaks and contamination. Extruded Polyolefin Coatings on paperboard are extensively used for liquid packaging. Tetra Pak, a global leader in liquid food packaging, uses high-performance Powder coatings to create its multi-layered, protective cartons.
Extruded LDPE (Low-Density Polyethylene) Coatings are commonly used in frozen food bags and trays. For instance, Mondi Group offers coated materials for frozen food applications. Powder-Coated Metalized Films for snack packaging provide a combination of barrier properties and heat-sealing capabilities- Berry Global provides a wide range of Powder-coated films for snack packaging.
Packaging industry is the dominant user of Powder coatings, accounting for 72.6% market share. In particular, liquid packaging is the main sub-user with 21.8% market share, followed by flexible packaging with 17.1%, medical packaging (13.2% revenue share), personal care and cosmetics packaging (10.3%), and others. Powder coatings provide essential barrier properties, enhance durability, and improve the visual appeal of packaging, making them indispensable across various packaging sectors.
Liquid packaging, which includes packaging for beverages like milk, juices, soups, and liquid pharmaceuticals, is the largest sub-segment within the packaging industry using Powder coatings. The coatings provide a barrier against moisture, oxygen, and light, ensuring product safety and extending shelf life. For instance, Tetra Pak has developed Tetra Recart, Amcor introduced AmLite Ultra Recyclable. Flexible packaging is another significant sub-segment used for products such as snack foods, frozen foods, and consumer goods driven by flexibility, strength, and resistance to punctures, enabling manufacturers to deliver lightweight, cost-effective packaging. Berry Global introduced new recyclable Flexibles Film Solutions while Mondi Group launched NextLoom, a flexible film for the frozen food sector.
Extruded Polyethylene Coated Sterile Barrier Systems for medical instruments, High-Barrier Laminate Films for pharmaceuticals owing to enhanced barrier properties required for protecting sensitive medical products from contamination. Amcor launched its AmSky™ blister packaging solution while DuPont introduced Tyvek® 40L, an Powder-coated material used in medical device packaging. Personal care and cosmetics packaging is an emerging sector within the Powder coatings market. Powder-Coated Tubes and Pouches, Polyethylene-Coated Laminates, and others drive the industry. AptarGroup unveiled a new range of sustainable cosmetic packaging, including Powder-coated airless pumps, L’Oréal partnered with Albéa to develop PE-based cosmetic tubes that use Powder coatings for improved recyclability.
Paperboards and cardboards dominate the Powder coatings substrate market with a 44.1% share, driven by widespread use in packaging applications due to their strength, rigidity, and ease of handling. In addition to sustainability of the materials, Paper-based substrates are generally more cost-effective, making them a preferred choice for many applications. Further, Coated paperboards are used to enhance moisture and grease resistance, extending shelf life and maintaining product integrity of food and beverages, durability and aesthetic appeal features drive sales in consumer goods industry. Similarly, in the shipping and logistics industries, cardboards are coated to improve their resistance to environmental factors during transportation.
Polymer films, on the other hand, are estimated to be the fastest growing substrates with 5.8% CAGR forecast driven by their versatile properties such as flexibility, transparency, and excellent barrier characteristics and expanding applications including electronics, medical devices, and industrial applications. Further, innovations in polymer chemistry and Powder technology have led to the development of high-performance films with enhanced properties such as better barrier resistance, increased durability, and specialized functionalities. The shift towards flexible and lightweight packaging solutions encourages Polymer film applications requiring high-performance barriers and customization. Toray Industries and Jindal Films are focusing new product launches in the segment.
Polyethylene (PE) stands as the most widely used material in the Powder coatings market, generating an impressive $2.4 billion in sales for 2024. Polyethylene’s ability to provide a robust barrier against moisture, gases, and contaminants makes it a preferred choice for liquid packaging, flexible packaging, and medical applications. Low-density polyethylene (LDPE) and high-density polyethylene (HDPE) are commonly used due to low production costs and high availability compared to other polymers like polypropylene (PP) and ethylene-vinyl acetate (EVA).
Tetra Pak uses polyethylene in its carton packaging for beverages, Berry Global introduced its Sustainable Flexibles line in 2023, Amcor’s AmSky™ packaging replaces traditional materials like PVC, L’Oréal and Albéa partnered to develop fully recyclable polyethylene-based cosmetic tubes, Dow offers products like Dowlex, ExxonMobil’ Exceed™ XP line, LyondellBasell’s innovations in PE production, including its Hyperzone PE technology, and others continue to generate significant business revenue.
With 38.4% Market Share in global Powder coating industry, Asia Pacific generated $2.4 Billion revenue in 2024. The market is poised to register 6.2% CAGR forecast by 2032. Vendors in the region are increasingly focusing on developing high-performance polymers, such as polyolefins and fluoropolymers, which offer superior properties like enhanced durability and chemical resistance.
For example, companies like Ushio Industry and PolyOne are investing in research to enhance their polymer formulations for better performance in extreme conditions. Further, Hitec Products is working on coatings that can adjust their properties based on temperature and humidity. Similarly, BASF and SABIC are customizing their Powder coatings to address regional demands, such as enhanced UV resistance for tropical climates.
Leading companies are investing in expanding their manufacturing capabilities within the region. CLARIANT, for example, has been increasing its production capacity in countries like China and India, ExxonMobil is setting up new production facilities or expanding existing ones in strategic locations. Further, growing demand for Powder coatings in electronics and automotive industries is encouraging Samsung Engineering Plastics and LG Chem to launch coatings that meet the high-performance requirements. The growth of infrastructure projects in countries like India and China is driving demand for Powder coatings in construction and building applications with vendors such as Jubilee Chemicals are capitalizing on the market growth.
The Powder coatings market is characterized by a competitive landscape with companies focusing technological advancements, strategic expansions, and localized product offerings to boost market shares. Key companies included in the report are- Akzo Nobel NV, Borealis AG, Celanese Corp, Chevron Phillips Chemical Company, Davis Standard, DuPont de Nemours Inc, Dura Coat Products Inc, LyondellBasell Industries Holdings BV, Optimum Plastics, PPG Industries, Qenos Pty Ltd, SABIC, The Lubrizol Corp, The Sherwin-Williams Company, Transcendia, Westlake Chemical Corp, and others.
|
Parameter |
Details |
|
Market Size (2024) |
$6.2 Billion |
|
Market Size (2032) |
$9.4 Billion |
|
Market Growth Rate |
5.4% |
|
Largest Segment- Product |
Packaging (72.6% Market Share) |
|
Fastest Growing Market- Region |
Asia Pacific (6.2% CAGR) |
|
Largest End-User Industry |
Polyethylene (PE) ($2.4 Billion Sales) |
|
Largest Coating Material |
Paperboards & Cardboards (44.1% Sales Revenue) |
|
Segments |
Types, Substrates, Coating Materials, Applications |
|
Study Period |
2018- 2023 and 2024-2032 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Akzo Nobel NV, Borealis AG, Celanese Corp, Chevron Phillips Chemical Company, Davis Standard, DuPont de Nemours Inc, Dura Coat Products Inc, LyondellBasell Industries Holdings BV, Optimum Plastics, PPG Industries, Qenos Pty Ltd, SABIC, The Lubrizol Corp, The Sherwin-Williams Company, Transcendia, Westlake Chemical Corp |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
Powder Coatings Market Segmentation
Resins
Epoxy
Polyester
Epoxy-Polyester
Acrylic
Polyurethane
Others
Applications
Architectural
Furniture
Automotive
Consumer Goods
General Industries
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Powder Coatings Companies Profiled in the Study
3M Company
AkzoNobel N.V.
Anhui Meijia New Material Co. Ltd
Asian Paints Ltd
Axalta Coating Systems LLC
Berger Paints India Ltd
Cardinal
Cloverdale Paint Inc
Erie Powder Coatings
Hentzen Coatings Inc
Ifs Coatings
Igp Pulvertechnik AG
Jotun A/s
Kansai Paint Co. Ltd
Modern Sak Factory For Powder Paint
Nippon Paint Holding Co. Ltd
PPG Industries Inc
Protech Group
RPM International Inc
Somar Corp
The Sherwin-Williams Company
Tiger Coatings GmbH & Co. KG
*- List Not Exhaustive
About USD Analytics
Table of Contents
1. Executive Summary
What’s New in 2024?
Top 10 Takeaways from the Industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
Market Segments
Companies Profiled
Research Methodology
Data Sources
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies Opted by Business Leaders
Competitive Landscape
SWOT Analysis
Porter’s Five Force Analysis
Macro-Environmental Analysis
4. Growth Opportunity Analysis
Trends at a Glance
Market Dynamics
Key Industry Stakeholders
Regulatory Landscape
5. Market Size Outlook to 2032
Global Power Coatings Market Size Forecast, USD Million, 2018- 2032
Scenario Analysis
Pricing Analysis and Outlook
6. Historical Power Coatings Market Size by Segments, 2018- 2023
Key Statistics, 2024
Power Coatings Market Size Outlook by Type, USD Million, 2018-2023
Growth Comparison (y-o-y) across Power Coatings Types, 2018-2023
Power Coatings Market Size Outlook by Application, USD Million, 2018-2023
Growth Comparison (y-o-y) across Power Coatings Applications, 2018-2023
7. Power Coatings Market Size Outlook by Segments, 2024- 2032
Power Coatings Market Size Outlook by Resin, USD Million, 2024-2032
Growth Comparison (y-o-y) across Power Coatings Resins, 2024-2032
Power Coatings Market Size Outlook by Application, USD Million, 2024-2032
Growth Comparison (y-o-y) across Power Coatings Applications, 2024-2032
8. Power Coatings Market Size Outlook by Region
North America
Europe
Asia Pacific
South America
Middle East and Africa
9. United States Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
United States Power Coatings Market Size Outlook by Type, 2021- 2032
United States Power Coatings Market Size Outlook by Application, 2021- 2032
United States Power Coatings Market Size Outlook by End-User, 2021- 2032
10. Canada Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Canada Power Coatings Market Size Outlook by Type, 2021- 2032
Canada Power Coatings Market Size Outlook by Application, 2021- 2032
Canada Power Coatings Market Size Outlook by End-User, 2021- 2032
11. Mexico Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Mexico Power Coatings Market Size Outlook by Type, 2021- 2032
Mexico Power Coatings Market Size Outlook by Application, 2021- 2032
Mexico Power Coatings Market Size Outlook by End-User, 2021- 2032
12. Germany Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Germany Power Coatings Market Size Outlook by Type, 2021- 2032
Germany Power Coatings Market Size Outlook by Application, 2021- 2032
Germany Power Coatings Market Size Outlook by End-User, 2021- 2032
13. France Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
France Power Coatings Market Size Outlook by Type, 2021- 2032
France Power Coatings Market Size Outlook by Application, 2021- 2032
France Power Coatings Market Size Outlook by End-User, 2021- 2032
14. United Kingdom Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
United Kingdom Power Coatings Market Size Outlook by Type, 2021- 2032
United Kingdom Power Coatings Market Size Outlook by Application, 2021- 2032
United Kingdom Power Coatings Market Size Outlook by End-User, 2021- 2032
15. Spain Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Spain Power Coatings Market Size Outlook by Type, 2021- 2032
Spain Power Coatings Market Size Outlook by Application, 2021- 2032
Spain Power Coatings Market Size Outlook by End-User, 2021- 2032
16. Italy Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Italy Power Coatings Market Size Outlook by Type, 2021- 2032
Italy Power Coatings Market Size Outlook by Application, 2021- 2032
Italy Power Coatings Market Size Outlook by End-User, 2021- 2032
17. Benelux Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Benelux Power Coatings Market Size Outlook by Type, 2021- 2032
Benelux Power Coatings Market Size Outlook by Application, 2021- 2032
Benelux Power Coatings Market Size Outlook by End-User, 2021- 2032
18. Nordic Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Nordic Power Coatings Market Size Outlook by Type, 2021- 2032
Nordic Power Coatings Market Size Outlook by Application, 2021- 2032
Nordic Power Coatings Market Size Outlook by End-User, 2021- 2032
19. Rest of Europe Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Europe Power Coatings Market Size Outlook by Type, 2021- 2032
Rest of Europe Power Coatings Market Size Outlook by Application, 2021- 2032
Rest of Europe Power Coatings Market Size Outlook by End-User, 2021- 2032
20. China Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
China Power Coatings Market Size Outlook by Type, 2021- 2032
China Power Coatings Market Size Outlook by Application, 2021- 2032
China Power Coatings Market Size Outlook by End-User, 2021- 2032
21. India Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
India Power Coatings Market Size Outlook by Type, 2021- 2032
India Power Coatings Market Size Outlook by Application, 2021- 2032
India Power Coatings Market Size Outlook by End-User, 2021- 2032
22. Japan Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Japan Power Coatings Market Size Outlook by Type, 2021- 2032
Japan Power Coatings Market Size Outlook by Application, 2021- 2032
Japan Power Coatings Market Size Outlook by End-User, 2021- 2032
23. South Korea Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
South Korea Power Coatings Market Size Outlook by Type, 2021- 2032
South Korea Power Coatings Market Size Outlook by Application, 2021- 2032
South Korea Power Coatings Market Size Outlook by End-User, 2021- 2032
24. Australia Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Australia Power Coatings Market Size Outlook by Type, 2021- 2032
Australia Power Coatings Market Size Outlook by Application, 2021- 2032
Australia Power Coatings Market Size Outlook by End-User, 2021- 2032
25. South East Asia Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
South East Asia Power Coatings Market Size Outlook by Type, 2021- 2032
South East Asia Power Coatings Market Size Outlook by Application, 2021- 2032
South East Asia Power Coatings Market Size Outlook by End-User, 2021- 2032
26. Rest of Asia Pacific Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Asia Pacific Power Coatings Market Size Outlook by Type, 2021- 2032
Rest of Asia Pacific Power Coatings Market Size Outlook by Application, 2021- 2032
Rest of Asia Pacific Power Coatings Market Size Outlook by End-User, 2021- 2032
27. Brazil Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Brazil Power Coatings Market Size Outlook by Type, 2021- 2032
Brazil Power Coatings Market Size Outlook by Application, 2021- 2032
Brazil Power Coatings Market Size Outlook by End-User, 2021- 2032
28. Argentina Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Argentina Power Coatings Market Size Outlook by Type, 2021- 2032
Argentina Power Coatings Market Size Outlook by Application, 2021- 2032
Argentina Power Coatings Market Size Outlook by End-User, 2021- 2032
29. Rest of South America Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of South America Power Coatings Market Size Outlook by Type, 2021- 2032
Rest of South America Power Coatings Market Size Outlook by Application, 2021- 2032
Rest of South America Power Coatings Market Size Outlook by End-User, 2021- 2032
30. United Arab Emirates Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
United Arab Emirates Power Coatings Market Size Outlook by Type, 2021- 2032
United Arab Emirates Power Coatings Market Size Outlook by Application, 2021- 2032
United Arab Emirates Power Coatings Market Size Outlook by End-User, 2021- 2032
31. Saudi Arabia Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Saudi Arabia Power Coatings Market Size Outlook by Type, 2021- 2032
Saudi Arabia Power Coatings Market Size Outlook by Application, 2021- 2032
Saudi Arabia Power Coatings Market Size Outlook by End-User, 2021- 2032
32. Rest of Middle East Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Middle East Power Coatings Market Size Outlook by Type, 2021- 2032
Rest of Middle East Power Coatings Market Size Outlook by Application, 2021- 2032
Rest of Middle East Power Coatings Market Size Outlook by End-User, 2021- 2032
33. South Africa Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
South Africa Power Coatings Market Size Outlook by Type, 2021- 2032
South Africa Power Coatings Market Size Outlook by Application, 2021- 2032
South Africa Power Coatings Market Size Outlook by End-User, 2021- 2032
34. Rest of Africa Power Coatings Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Africa Power Coatings Market Size Outlook by Type, 2021- 2032
Rest of Africa Power Coatings Market Size Outlook by Application, 2021- 2032
Rest of Africa Power Coatings Market Size Outlook by End-User, 2021- 2032
35. Key Companies
Market Share Analysis
Company Benchmarking
SWOT Analysis
36. Recent Market Developments
Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
Resins
Epoxy
Polyester
Epoxy-Polyester
Acrylic
Polyurethane
Others
Applications
Architectural
Furniture
Automotive
Consumer Goods
General Industries
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Powder Coatings Market Size is estimated to increase at a 5.4% CAGR over the forecast period from $6.2 Billion 2024 to $9.4 Billion in 2032
Packaging (72.6% Market Share), Polyethylene (PE) ($2.4 Billion Sales), Paperboards & Cardboards (44.1% Sales Revenue)
3M Company, AkzoNobel N.V., Anhui Meijia New Material Co. Ltd, Asian Paints Ltd, Axalta Coating Systems LLC, Berger Paints India Ltd, Cardinal, Cloverdale Paint Inc, Erie Powder Coatings, Hentzen Coatings Inc, Ifs Coatings, Igp Pulvertechnik AG, Jotun A/s, Kansai Paint Co. Ltd, Modern Sak Factory For Powder Paint, Nippon Paint Holding Co. Ltd, PPG Industries Inc, Protech Group, RPM International Inc, Somar Corp, The Sherwin-Williams Company, Tiger Coatings GmbH & Co. KG
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume
Asia Pacific (6.2% CAGR)