Coil Coatings Market Overview:
Coil Coatings Market was UDS 4.3 Bn in 2017 and is expected to grow at USD 7.6 Bn in 2022 with estimated CAGR of 6.1% between by 2018-2022.
Coil Coatings advanced layer coating used to coat materials such as metal sheets, tin, steel and aluminium. Coil coatings is extensively used in construction and automobile sector owing to superior properties such as corrosion resistance, UV protection, high tensile strength and good adhesion property. Currently, growing non-residential construction activity such as large factories, industrial sites has boosted the demand for coil coating market to sustain the harsh weather conditions. The global infrastructure expenditure is expected to reach USD $ 5 Trillion over the forecasted period.
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Coil Coating Market Key Players:
Akzo Nobel N.V. (the Netherlands), Kansai Paint Co., Ltd. (Japan), BASF SE (Germany), E. I. Du Pont De Nemours and Company (U.S.), PPG Industries, Inc. (U.S.), The Valspar Corporation (U.S.), Henkel AG & Co. KGaA (Germany), The Sherwin-Williams Company (U.S.), Wacker Chemie AG (Germany), and The Chemours Company (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Coil coating Market.
Coil Coatings Market Segmentation:
Coil Coating Market is majorly segmented on the basis of resin type and end user industry. Based on resin type, Coil Coating market is segmented into polyester, polyvinylidene fluorides (pvdf), polyurethane, silicone modified polyester and plastisol. Based on end user industry of Coil Coating, the market is segmented into Construction, Automotive, Electrical & Electronics, Consumer appliances, Others.
Coil Coatings Market Regional Analysis:
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific Coil Coating market is largest market owing to robust industry growth of end user industry in China and India. Rapid industrializations, favorable government regulations and increase in per capital income will significantly grow the coil coating market in emerging economies such as China, India and Japan.
North America is second largest region in coil coating market. U.S is dominating segment owing to key players in these regions has shifted their production in developing regions to trapped the competitive market. Automobile sector in these region is growing rapidly which led to rise in product segment in these regions. European debt crisis has affected many industries like construction, automobile and appliances. Due to this key player has reluctant to invest in these regions. This has led slow growth of product in European market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.
Coil Coatings Market Competitive Landscape:
Coil Coating Market is BASF SE, Akzo Nobel N.V, the Valspar Corporation and the Dow Chemical Company has dominated the global coil coating market share in 2016. These are vertical integrated company dominating price value in competitive market. Major market players are offering strong distribution and sales channel to trapped the untapped market. With strong channel companies are able to play with prices of raw material and provide quality services on high demand supply.
Coil Coatings Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Coil Coating Market
Coil Coatings Market Table of Content to be Continue…….,
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