Global Coil Coatings Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global coil coatings market in its upcoming report titled, “Global Coil Coatings Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global coil coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global coil coatings market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global coil coatings market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global coil coatings market report has been segmented on the basis of product, end-user, and region.
Coil coating is a continuous, automated process for coating metal before fabrication into final products. Coil coating is used for metals such as steel or aluminium to keep them clean, pre-treated, coat flat coils or sheets through a continuous process before fabrication. This helps to increase life of the coils by keeping fragile aluminium fins protected from corrosive agents in severe environments. Coil coating process consist of six stages – cleaning, conversion treatment, drying, primer coating, top coating, and foil lamination.
Rising demand of steel and aluminium in transportation and construction industry is a key factor driving growth of the global coil coating market. In addition, cost effective for end user, and Minimal pollution with little waste products are other factors expected to propel growth of the global coil coatings market over the forecast period.
Owing to properties of coil coating such as strain resistance, and flexibility, it is used in packaging materials. Increasing demand for high efficiency packaging material globally for transportation and storage applications is further expected to drive growth of the global coil coating market over the forecast period.
However, increasing use of substitute product such as engineering plastics – polycarbonate – in automotive industry is a key factor expected to restrain growth of the global coil coating market. Additionally, coil coatings are not long-lasting or resilient as compared to other coatings which is another factor expected to hamper growth of the global coil coating market over the forecast period.
North America market is a dominant player in the global coil coatings market and accounts for largest market share in terms of revenue. This is attributed to rising demand of coil coating in the manufacturing of refrigerators, freezers, microwave ovens, dryers, etc. in the region. The market in Asia Pacific is expected to witness fastest growth rate over the forecast period, owing to growing construction, metal, and automotive industries in emerging economies in the region.
Global Coil Coatings Market Segmentation:
Global coil coatings market segmentation by product:
- Siliconized polyester
Global coil coatings market segmentation by end-user:
- Building & construction
Global coil coatings market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Akzonobel N.V.
- PPG Industries, Inc.
- The Valspar Corporation
- BASF SE
- Henkel AG & Co.
- Kansai Paint Co., Ltd.
- Becker Industrial Coatings AB
- The Sherwin-Williams Company
- Wacker Chemie AG
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