The porcelain enamel coatings market is projected to grow from USD 1.7 billion in 2023 to USD 1.9 billion by 2028, at a CAGR of 2.7% between 2023 and 2028. Asia Pacific is the largest porcelain enamel coatings market that is projected to register a CAGR of 2.9% during the forecasted period, in terms of value. Asia pacific is projected to register the highest CAGR during the forecast period. The growth in asia pacific is due to the growing demand from the residential and commercial end-use industry.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=150837571
In the Asia-Pacific region, the porcelain enamel coatings market is being driven by a combination of factors that reflect the evolving dynamics of the construction industries. As countries across Asia-Pacific continue to urbanize and modernize their infrastructure, there is a substantial demand for durable and aesthetically pleasing coatings for architectural elements, such as building facades, signage, and interior fixtures. Porcelain enamel coatings, known for their durability, resistance to corrosion, and vibrant color options, are increasingly favored in these construction projects, boosting their demand.
Asia Pacific accounted for a largest share of the overall porcelain enamel coatings market, in terms of both value and volume, in 2022. The region’s strong commitment to sustainability and environmentally friendly practices further contributes to its leadership in the porcelain enamel coatings market. Asia-Pacific region is witnessing a surge in the production of household appliances, cookware, and sanitary ware. Porcelain enamel coatings are preferred for these products due to their hygienic properties, resistance to heat, and ability to maintain a polished appearance over time. As the middle-class population expands, the demand for such products is on the rise, further propelling the porcelain enamel coatings market.
Porcelain enamel coatings market are segmented by end use: residential and commercial. Commercial segment accounts the largest market share of porcelain enamel coatings market. The commercial segment is primarily driven by the robust demand from the hospitality and foodservice sectors. Commercial kitchens, restaurant equipment, and food preparation surfaces require coatings that can withstand high temperatures, resist staining, and maintain a hygienic surface. Porcelain enamel coatings are an ideal choice for these applications, as they offer exceptional heat resistance and ease of cleaning, ensuring the longevity and cleanliness of commercial kitchen equipment.
Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=150837571
Porcelain enamel coatings market are segmented by application: Pot, Pan, Baking Dish and Other Utensils, Stove, Oven & Cooker, Sanitaryware and Plumbing, Water Heater, Room Heater, and others. Stove, Oven & Cooker segment accounts for the largest market share of porcelain enamel coatings. One of the primary driving factors for the use of porcelain enamel coatings in these appliances is their remarkable heat resistance. Stoves, ovens, and cookers generate high temperatures during cooking and baking processes, and porcelain enamel coatings can withstand these extreme heat levels without deteriorating, discoloring, or emitting harmful fumes. This heat resistance ensures the longevity and safety of these appliances, making them a reliable choice for consumers. Moreover, porcelain enamel coatings are known for their non-reactive properties, which is a crucial factor in the food preparation industry. They do not interact with acidic or alkaline foods, ensuring that the cooked or baked items maintain their taste and quality. This non-reactivity also makes porcelain enamel-coated surfaces easy to clean, as food residues do not adhere as stubbornly as they might to other materials.
Some of the major companies in the Porcelain enamel coatings market players are A.O. Smith Corporation (US), AkCoat (Turkey), Tomatec Co., Ltd. (Japan), and Vibrantz Technologies (US) among others, have framed their strategies to penetrate and create bases in these emerging markets. Furthermore, companies are concentrating on strengthening their R&D facilities to provide efficient and sustainable products. These products are manufactured considering to regulations implemented by associations and governments.
Read Our Trending Press Release Below: