CHICAGO, Oct. 6, 2023 /PRNewswire/ -- The report "Porcelain Enamel Coatings Market by Type (Powder, Liquid), End use (Residential, Commercial), Application (Pot, Pan, Baking Dish, Stove, Oven & Cooker, Sanitaryware and Plumbing, Water Heater, Room Heater), and Region - Global Forecast to 2028", is projected to reach a market size of USD 1.9 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 2.7%.
Asia pacific is the one of the largest markets for porcelain enamel coatings. The demand for porcelain enamel coatings is increasing in the Pot, Pan, Baking Dish and Other Utensils, Stove, Oven & Cooker, Sanitaryware and Plumbing, Water Heater, and Room Heater. The demand from developing nations, such as China, India, Indonesia, and Brazil are expected to drive the global porcelain enamel coatings market.
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Stove, Oven & Cooker by application segment is expected to account second largest share of the porcelain enamel coatings market during the forecasted period.
Stove, Oven & Cooker application accounts second largest share of porcelain enamel coatings market in terms of both value and volume in 2023. The aesthetic appeal of porcelain enamel coatings is driving the market in stove, oven, and cooker applications. These coatings are available in a wide range of colors, allowing manufacturers to offer consumers appliances that match their kitchen decor or personal preferences. The glossy finish of porcelain enamel coatings adds an attractive and polished appearance to these appliances, making them more appealing to customers. The durability of porcelain enamel coatings is critical in stove and oven applications, as these appliances are subjected to daily wear and tear. The coatings protect the underlying metal surfaces from corrosion, rust, and physical damage, ensuring that the appliances maintain their functionality and appearance over an extended period.
Advancements in coating technologies have played a significant role in driving the adoption of porcelain enamel coatings for Stove, Oven & Cooker applications. These coatings offer superior durability, heat resistance, and resistance to environmental factors.
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Commercial, by end-use industry segment hold the largest growing segment in overall porcelain enamel coatings market during forecast period.
Commercial end-use industry holds the largest share in terms of both value and volume in overall porcelain enamel coatings market. The increasing emphasis on aesthetic appealing and hygienic food is driving the demand for porcelain enamel coatings in commercial industry. Commercial kitchens, restaurants, and food preparation facilities demand surfaces that can endure high-temperature cooking, resist staining, and maintain impeccable hygiene standards. Porcelain enamel coatings excel in these areas, offering exceptional heat resistance, stain resistance, and ease of cleaning. This makes them the preferred choice for commercial kitchen equipment, countertops, and food storage surfaces, supporting the burgeoning restaurant and foodservice industry.
The increasing global population is directly contributing to a surge in demand for porcelain enamel coatings within the residential as well as commercial sector.
Asia Pacific region likely to be the fastest growing porcelain enamel coatings market during the forecast period.
The rapid urbanization and infrastructure development across many Asian countries. As cities expand and modernize, there is an increasing demand for durable and visually appealing coatings for architectural elements, such as building facades, signage, and interior fixtures. Porcelain enamel coatings, with their proven durability, resistance to corrosion, and customizable aesthetic options, have become a preferred choice in these construction projects, propelling their demand. the Asia-Pacific region is increasingly recognizing the importance of environmentally friendly and sustainable solutions. Porcelain enamel coatings, with their long lifespan and recyclability, align with these sustainability goals, making them an attractive choice in various industries.
A.O. Smith Corporation (US), AkCoat (Turkey), Vibrantz technologies (US), Tomatec Co., Ltd. (Japan), Nolifrit (China) are the key players in the global porcelain enamel coatings market.
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