Powder Coatings Market

As the economy continues to recover, the powder coatings market has slowly begun to improve as well. Chemark Consulting is estimating the North American powder coatings market will post a four percent rise in sales to $940 million in 2004.

"In North America, powder has been improving following the economic recovery over the last few years," said Steven Kiefer, marketing manager North American industrial goods, Rohm and Haas Powder Coatings. According to Kiefer, industrial manufacturing has improved, and powder coatings has improved in response to this. "Over the last several years, there wasn't a lot of capital money allocated for industrial refinishing, replacement and expansion. Now that the economy has begun to improve, companies are beginning to invest in these improvements. There is definitely a pent up demand for refinishes and finishing line expansion and replacement and significant potential for powder to grow in this area."

According to Craig Dietz, national product and marketing manager, DuPont Powder Coatings, there has been back to back quarterly growth. "First quarter showed minor growth of about 0.5%, however