• Blog
  • Coil Coatings Market Report

    Coil Coatings Market Report

    Coil Coatings Market Report
    Report code - SRAM696 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    Coil Coatings Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026
    See more...

    Impact of COVID-19 on Coil Coatings Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Coil Coatings Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Coil Coatings Market is likely to witness a linear growth at a steady CAGR of approximately 5.5% during the forecast period. Over the years, there has been a high demand for coatings in the construction of buildings, automotive, and consumer appliances, among other end use applications. In addition, coil coatings have several advantages including flexibility, stain resistance, corrosion resistance, and hardness, which have boosted their demand, in general. Also, as coil coating has good adhesion attributes along with being eco-friendly in nature, it has become an integral part of many end-use industries. These coatings are also used in the construction of downspouts and gutters, so as to help collect rainwater. There are several growth drivers of the coil coatings market, some of which are the increasing demand from downstream industries, surging competition among the major coil coating manufacturers, rapidly growing construction and automotive industries, excellent product quality, and compliance with the environment.

    Coil Coatings Market – Snapshot

    Growth

    ~5.5% for the next five years

    Major Product Type

    Polyester

    Dominant Application

    Construction

    Region with the highest demand

    Asia-Pacific

    Key Players

    Akzo Nobel N.V., Arkema, Axalta Coating Systems, LLC, BASF SE, Beckers Group, Henkel AG & Co. KGaA, PPG Industries, Inc., Solvay, The Sherwin-Williams Company, and Wacker Chemie AG

    Segment Analysis

    Coil-Coatings-Market-Dominant-Segments

    Wish to get a free sample? Register Here

    Coil Coatings Market Share: By Product Type

    Based on the product type, the market is segmented into polyester, silicone modified polyester [SMP], polyvinylidene fluorides [PVDF], polyurethane [PU], plastisols, and others. Among these product types, polyester is estimated to account for a high market share, during the forecast period. As a result of its superior properties, polyester coil coating helps in providing exceptional resistance to weather conditions and corrosion. Also, the low cost of polyester, which results in increasing its applications across the end-use industries, is expected to boost the market for the polyester coil coatings. Moreover, polyester helps in providing superb flow characteristics to an extensive range of temperatures and is very much suitable for external applications such as doors and residential roof tops. Therefore, there is a significantly high demand for polyester coil coatings currently.

    Coil Coatings Market Share: By Application Type

    Based on the application type, the market is segmented into construction, automotive, appliances, and others. Among these applications, the construction application is expected to gain the maximum traction in the market over the forecast period. There has been a significant expenditure in the construction industry, worldwide, which is one of the largest end-use industries for coil coatings. As a result of the increasing infrastructure developments and rapid industrialization across the globe, it is anticipated that the global coil coatings market would witness a steady growth.

    Coil Coatings Market Share: By Region

    In terms of regions, the market is segmented into North America, Europe, Asia Pacific, and rest of the world. Among these regions, Asia Pacific is expected to be dominant throughout the forecast period. The market growth in this region is majorly attributed to the presence of a large number of coil coating manufacturing companies and a wide range of end-use industries. Of late, the automotive industry is growing in the region, which has significantly escalated the overall market demand. Countries such as India, Malaysia, Japan, and Indonesia have witnessed a steady increase in the vehicle production, as per the International Organization of Motor Vehicle Manufacturers (OICA). Furthermore, there has been a surge in the construction activities and infrastructure development in the region, especially in China and India, which would induce a high growth potential in the overall market landscape of the Asia Pacific region.

    Coil-Coatings-Market-By-Region

    Know which region offers best growth opportunities. Register Here

    Market Scope & Segmentation

    Coil coating is a continuous and automated industrial process, which majorly helps in efficiently coating metal coils. The coil coatings work on an effective and simple principle, which includes pretreating, cleaning, and coating flat coils or sheets of aluminum/steel.

    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.

    Coil Coatings Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The coil coatings market is segmented into the following categories. 

    Coil Coatings Market Size, Share, & Forecast, by Product Type:

    • Polyester (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Silicone Modified Polyester [SMP] (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyvinylidene Fluorides [PVDF] (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyurethane [PU] (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plastisols (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Coil Coatings Market Size, Share, & Forecast, by Application Type:

    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Appliances (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Coil Coatings 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)

    Coil-Coatings-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Key Players

    Some of the key players in the coil coatings market are-

    • Akzo Nobel N.V.
    • Arkema
    • Axalta Coating Systems, LLC
    • BASF SE
    • Beckers Group
    • Henkel AG & Co. KGaA
    • PPG Industries, Inc.
    • Solvay
    • The Sherwin-Williams Company
    • Wacker Chemie AG.

    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 by any one of the application types by product 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 [email protected]

    Frequently Asked Questions (FAQs)

    The coil coatings market is expected to witness an impressive CAGR of 5.5% during the foreseeable future.

    Akzo Nobel N.V., Arkema, Axalta Coating Systems, LLC, BASF SE, Beckers Group, Henkel AG & Co. KGaA, PPG Industries, Inc., Solvay, The Sherwin-Williams Company, and Wacker Chemie AG are among the key players in the coil coatings market.

    Asia-pacific is expected to remain dominant in the coil coatings market during the forecast period.

    The construction application is expected to gain the maximum traction in the coil coatings market in the coming years.

    Polyester is expected to account for the highest share of coil coatings market over the next five years.

    •   

      Why are We Class Apart?

      Advanced Materials Offer Next Growth Wave

      We Specialize in Composites & other Materials Market Research

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across the Value Chain

      Track the Latest Trends in Advanced Materials

      Know High Growth Opportunities