Powder coating is applied as a free-flowing, dry powder. This coating does not require a solvent to keep the binder and filler parts in a liquid suspension form. Low temperature powder coatings or low temperature cure powder coatings are specifically formulated to cure at a lower temperature fully. While defining low temperature powder coatings, we have considered a curing temperature range of 80°C to 150°C. These coatings are well suited for heat-sensitive substrates and assemblies. To achieve a desired low cure temperature of 150°C, resin systems are selected that have a compatible curing point at or below this constraint while also fulfilling the desired material characteristics. Required heat of reaction can be decreased through the addition of low-concentration reaction catalysts that greatly enhance the reaction at the desired cure temperature. _______ Note: Core competencies1 of the companies are covered in terms of their key developments and key strategies adopted to sustain their position in the market.

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.