Coil coating, also known as functional coil coating, is a continuous or automated process that coats metal coils with polyester resin and other coating materials for later use, with features such as stain resistance. They're employed in automobile coatings and in any industry that works with metals.
MARKET DYNAMICS
The rise of the construction and automotive industries in developing economies such as India and China is driving this market's growth. Furthermore, because to its design flexibility and improved corrosion resistance, functional coil-coated metal is widely employed in the furniture industry, boosting its demand around the world. Furthermore, as consumers' disposable income rises and their level of living improves, the desire for modern furniture rises, so will the demand for functional coil-coated metals. Furthermore, the usage of these metals improves the design and aesthetics of home appliances and allows producers to customize the texture.
MARKET SCOPE
The "Global Coil Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the coil coatings market with detailed market segmentation by resin type and end use industry. The global coil coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading coil coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global coil coatings market is segmented into resin type and end use industry. By resin type the coil coatings market is classified into acrylics, polyesters, siliconized polyester, fluorocarbons, Pvc/plastisols, others. By end use industry the coil coatings market is classified into building & construction, automotive, consumer appliances, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global coil coatings market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The coil coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the coil coatings market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the coil coatings market in these regions.
MARKET PLAYERS
The report covers vital developments in the coil coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the coil coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for coil coatings in the global market. Below mentioned is the list of few companies engaged in the coil coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the coil coatings market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Akzo Nobel N.V.
- Axalta Coatings Systems
- BASF SE
- Eastman Chemical Company
- Kansai Paint Co., Ltd.
- KelCoatings Ltd.
- Nippon Paints Holdings Co. Ltd.
- PPG Industries Inc.
- The Sherwin Williams Company
- The Chemours Company
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