Coil Coatings Market

SKU: DMCH451 | Last Updated On: Oct 17 2022 | Available Formats

>Coil Coatings Market Expected to reach a high CAGR 4.5% By 2029:

Coil Coatings Market is segmented By Resin Type (Polyester, Silicon modified polyester, Acrylic, PVDF or Fluoropolymer, Others), By Metal Type (Aluminum, Steel, Others), By End-User (Architectural, Transport, White Goods, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.

 

Market Overview

[150 Pages Report] Coil Coatings Market is expected to grow with a high CAGR of 4.5% during the forecast period (2022-2029).

Coil Coatings Market - Strategic Insights

Metrics

Details

Market CAGR

4.5%

Segments Covered

By Resin Type, By Metal Type, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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  • Coil coating is a continuous, automated process for coating metal before fabrication. Coil-coated metal is also called pre-painted metal. In coil-coated metal, the paint films are generally thinner than post-applied cinema, but they still give better performance for longer.

Coil Coatings Market Industry Dynamics

  • Coil coating is available for Coil coated metal and is preferred by businesses, because it reduces costs, improves quality, and reduces environmental compliance expenses. Coil coating is available for all steel and aluminum grades and alloys.

  • For the coil coating market, the main threat is the plastic Industry.

  • Alternatives to metal such as plastics are becoming more prominent. That is the biggest threat to the coil coating market. Development in Engineering plastics & high-performance plastics might threaten long-term prospects for the coil coating market.

Market Segmentation

  • The global coil coatings market can be segmented on coating material, metal type, and application.

  • By resin type, the market can be segmented into Polyester, Silicon Modified Polyester, Acrylic, Fluoropolymer, and others. Polyester is the most common coating resin. It is used for hot-rolled steel as well as cold-rolled steel. Silicon-modified polyester is used for copper.

  • The acrylic coating is used for Galvanized steel. Other layers include Zinc coating, Epoxy, etc.

  • By End-use applications, the market can be segmented into Construction, Transportation, White goods, Industry & Service centers, and others. Construction is the most significant segment in the coil coatings market.

Geographical Share

  • By region, the market can be segmented into North America, South America, Europe, Asia-Pacific, and the Rest of the world. The Asia Pacific accounted for the largest share with increasing industrial manufacturing activities.

Industry Competition

  • Some of the major companies in the Coil coating companies include PPG, AkzoNobel, The Sherwin-Williams Co., RPM International Inc., Nippon Paint Holdings Co., Axalta Coating Systems, etc.

  • In 2016 BASF one of the major companies in the market decided to sell its Industrial coatings business to AkzoNobel. Another significant event was the acquisition of Valspar by Sherwin-Williams in 2017. Due to regulations, the industry is moving towards the adoption of water-based coatings.

The scope of the report

  • The report covers the key factors impacting the market, Porter 5 Forces, Product Benchmarking, and company profiles. Coil coatings market segmentation by resin type (Polyester, Silicon modified polyester, Acrylic, PVDF or Fluoropolymer, and Others) by metal Type (Aluminium, Steel, Others) by End-use (Construction, Transportation, White Goods, Industry & Service centers, and others). Based on geography the market is segmented into – North America, South America, Europe, Asia Pacific, and the Rest of the world.

Frequently Asked Questions

What is the Projected CAGR value of the Coil Coatings Market?

Coil Coatings Market is expected to grow at a CAGR of 5.23% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Coil Coatings Market during 2022-2029

Which is the fastest-growing region in the Coil Coatings Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period 

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