PET Film Coated Steel Coil Market Report

Market Insights

PET Film Coated Steel Coil Market is likely to witness an impressive CAGR of 7.0% during the forecast period. The major factors fueling the growth of the market during the forecast period are optimistic application outlook across the industry of home appliances, increasing concerns regarding environment, triggering paradigm shift towards environmental friendly and recyclable polymer materials, strong demand for energy-efficient products along with low emission of carbon, and recent developments in polymer science resulting in enhanced quality and durability of the product.

Segments' Analysis

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PET Film Coated Steel Coil Market Share: By Application Type

Based on the application type, the market is segmented as refrigerators & freezers, washing machine, dishwasher, ovens, and others. Washing machine is estimated to be the fastest-growing type of application in the market during the forecast period. Factors such as hectic lifestyle schedule and hugely increasing number of female workers, increase in influence of western lifestyle along with continuous innovations in technology in home appliances field is expected to fuel the demand of the product in the market during the forecast period.

Also, refrigerators & freezers are also estimated to account for more than 30% share of the market for home appliances in the upcoming years. Factors such as availability of energy-efficient refrigerators and increasing number of nuclear families, initiatives made by the government to electrify rural areas accompanied by flexible finance schemes available in the market for consumer durable items purchase, and the soaring temperature are expected to play an important role in boosting the demand for refrigerators & freezers in the market during the forecast period.

PET Film Coated Steel Coil Market Share: By Region

In terms of regions, Asia-Pacific accounted for the largest share of the PET film coated steel coil market, with China, India, and Japan being the major countries with lucrative growth opportunities during the forecast period. The major factors such as rapid urbanization, increase in residential real estate market, improvement in standard of living, growing popularity of smart home appliances making the consumers to experiment with the latest technology available in the market, increase in disposable income, digitalization and economic recovery in emerging markets including China, India, and Japan, are estimated to accelerate the demand for home appliances in the market.

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Market Scope & Segmentation

PET film coated steel sheet coil is generally used to manufacture various home appliances such as washing machines, air conditioners, microwave ovens, range hoods, water heaters, refrigerators, and can be further used for interior designing and decoration of yachts, trains, and many more.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market

The PET film coated steel coil market is segmented into the following categories.

PET Film Coated Steel Coil Market Size, Share, & Forecast, by Application Type:

• Refrigerators & Freezers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Washing Machine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Dishwasher (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Ovens (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

PET Film Coated Steel Coil Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the PET film coated steel coil market are-

• Acerinox S.A
• American Nickeloid Company Inc.
• Boxing County Fuhong New Materials Co., Ltd.
• Chongqing Youngson Metal
• Jiangyin Everest Import and Export Co., Ltd.
• Jiangyin Wofeng Metallic Material Co. Ltd.
• Kolor Metal A/S
• Nippon Steel & Sumitomo Metal Corporation
• Uttam Galva Steels Limited
• YIEH Corp

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by region type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com