Market
In 2010, the global demand for powder coatings amounts to approximately US$5.8 billion. Driven by the development of new material, new formulations and advancement of equipment and application processes, the powder coating market presents a rapid annual growth of around 6% from 2012 to 2018. Currently, the industrial uses are the largest application market of powder coatings. Automotive industry experiences the most dynamic growth. Steady and strong growth is also expected by furniture and appliance markets. Furthermore, the application of powder coatings in IT & Telecommunication is also being widely explored.
Read more about this topic: Powder Coating
Famous quotes containing the word market:
“I refuse to be. In
the madhouse of the inhuman
I refuse to live.
With the wolves of the market place
I refuse to howl ...”
—Marina Tsvetaeva (1892–1941)
“The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.”
—Mikhail Gorbachev (b. 1931)
“... married women work and neglect their children because the duties of the homemaker become so depreciated that women feel compelled to take a job in order to hold the respect of the community. It is one thing if women work, as many of them must, to help support the family. It is quite another thing—it is destructive of woman’s freedom—if society forces her out of the home and into the labor market in order that she may respect herself and gain the respect of others.”
—Agnes E. Meyer (1887–1970)