Coil Coatings Market is expected to undergo a CAGR of 5.13% during the forecast period 2021 to 2028.
Analysis and Insights Coil Coatings Market
Coil coating is an organic coating material that is applied on a rolled metal strip. In other words, coil coatings are used to coat the metals in a continuous and automated process. Coil coatings are used in a wide range of applications and are available in a wide variety of formulations in the market. Coil coatings also provide smooth finish and improved aesthetics along with increased durability.
Increasing number of end-use industries for coil coatings is the root cause fuelling up the coil coatings market growth rate. Rising infrastructural development and growth in the construction activities especially in the developing economies will further create lucrative growth opportunities for the coil coatings market. Rising industrialization and huge investments in coil coatings by downstream industries will further induce growth in the demand for coil coatings. Increased focus on development in the field of surface chemistry and treatment techniques will also bolster the coil coatings market growth rate.
However, high costs associated with the coating technology will pose a major challenge to the growth rate of coil coatings market. Lack of proper and safe transportation facilities in the emerging economies and underdeveloped economies will further restrict the scope of growth for the coil coatings market. Fluctuations in the prices and supply of raw material will further derail the coil coatings market growth rate.
Coil Coatings Market Scope
The coil coatings market is segmented on the basis of resin type, application and end- use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
· On the basis of resin type, the coil coatings market is segmented into polyester coil coatings, fluor polymer coil coatings, siliconized polyester coil coatings, plastisol coil coatings, polyvinylidene fluorides, polyurethane, plastisol and other resin coil coatings.
· On the basis of application, the coil coatings market is segmented into steel and aluminium.
· On the basis of end- use industry, the coil coatings market is segmented into building and construction, industrial and domestic appliances, consumer durable goods, furniture, HVAC, automotive and others. Consumer durable goods market is sub-segmented into refrigerators, washing machines and dishwashers, ovens and toasters, air conditioners and others.
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Coil Coatings Market Country Level Analysis
The countries covered in the coil coatings market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Coil Coatings Market Share Analysis
The Coil Coatings Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Coil Coatings Market.
Key Players Coil Coatings Market
- Akzo Nobel N.V.
- Henkel Adhesives Technologies India Private Limited
- Kansai Nerolac Paints Limited
- PPG Industries Inc.
- Beckers Group
- The Sherwin-Williams Company
- Wacker Chemie AG
- Axalta Coating Systems
- Dow
- Clariant AG
- EURAMAX
- Metal Coaters System
- Salchi Metalcoat S.r.l.
- MATERIAL SCIENCES CORPORATION
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Coil Coatings Market by Product Procedure type
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