• The Global Coil Coatings Market is expected to grow with a CAGR of 5.3 % during the forecast period (2019-2026).
• 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 coating is available for Coil coated metal is preferred by businesses, because it reduces costs, improves quality, reduces environmental compliance expenses. Coil coating is available for all steel and aluminum grades and alloys.
• For coil coating market, the main threat is plastic Industry.
• Alternatives to metal such as plastics are becoming more prominent. That is the biggest threat for coil coating market. Development in Engineering plastics & high-performance plastics might threaten long-term prospects for the coil coating market.
Market Segmentation
• Global coil coatings market can be segmented on coating material, metal type, and by the 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 coil coatings market.
Geographical Share
• By region, the market can be segmented into North America, South America, Europe, Asia-Pacific and Rest of the world. The Asia Pacific is 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, Industry is moving towards adoption of water-based coatings.
Key market segments covered
By Resin type
• Polyester
• Silicon modified polyester
• Acrylic
• PVDF or Fluoropolymer
• Others
By Metal Type
• Aluminum
• Steel
• Others
By End Use
• Construction
• Transportation
• White Goods
• Industry & Service centers
• Others
By Region
• Asia Pacific
• Europe
• North America
• South America
• Rest of the World
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 Rest of the world.
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.