Chemical

According to a new market report published by Lucintel, the future of the global coil coatings market looks promising with opportunities in building and construction, appliance, automotive, and other sectors. The coil coating market is expected to reach an estimated $6.8 billion by 2027 with a CAGR of 5.1% from 2021 to 2027. The major growth drivers for this market are growing demand for coil coated metals in end use industries like building and construction, appliance, automotive, and others.

In this market, building and construction, automotive, and appliance are the major end use industry types of coil coatings. On the basis of its comprehensive research, Lucintel forecasts that the building and construction end use segment is expected to show above average growth during the forecast period.

Within the global coil coatings market, the building and construction end use segment is expected to remain as the largest market. Economic development in the developing countries of Asia Pacific has presented sound opportunities for the building and construction industry, which would spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest region due to due growth of end use industries such as construction, automotive, and appliance in the developing countries Asia Pacific is expected to witness above average growth over the forecast period due to growing purchasing power, greater economic growth in developing countries, growth in end use industries, and increasing investment in infrastructure are projected to drive the demand for coil coated steel and aluminum.

Emerging trends, which have a direct impact on the dynamics of the market, includes silver replacing white color in pre-painted metals, and chrome free coil coatings for aluminum. Akzo Nobel N.V., The Valspar Corporation, Beckers, PPG Industries, and BASF are among the major suppliers of coil coatings.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global coil coating market by end use industry, resin type, application, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Coil Coating Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global coil coating market by resin type, end use industry, application, and region as follows:


































This 211-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/coil-coatings-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global coil coating market by end use industry (building and construction, automotive, appliance, and others), resin type (polyester, fluoropolymer, siliconized polyester, plastisol, and others), application (steel and aluminum), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?