The global market for powder coatings is expected to increase from an estimated $6.5 billion in 2008 to $9.1 billion in 2013, a compound annual growth rate (CAGR) of 7.0%.
Equipment used in powder coatings generated an estimated $703.6 million in 2008. This should increase to $959.1 million in 2013, for a CAGR of 6.4%.
Independent coating was worth an estimated $807.9 million in 2008. This should reach $1.1 billion in 2013, for a CAGR of 6.5%.