Coil Coatings Market worth $6,410.44 Million by 2019


Posted June 9, 2016 by RohitBhagare

The coil coatings demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook.

 
The report “Coil Coatings Market by Type (Polyester, Fluropolymer, Siliconized Polyester, Plastisol, and Others), by Application (Steel & Aluminum), and by End User Industry (Building & Construction, Appliances, Automotive, and Others) - Global Forecast to 2019” report analyzes the global coil coatings market with respect to market drivers, opportunities, and trends in different regions. The current market value of the global coil coatings market (2013) is about $4,449.02 million and is estimated to reach $6,410.44 million by 2019, at a CAGR of 6.30% between 2014 and 2019.
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Key content of this market:
Browse 76 market data tables and 69 figures spread through 165 pages and in-depth TOC on “Coil Coatings Market by Type (Polyester, Fluropolymer, Siliconized Polyester, Plastisol, and Others), by Application (Steel & Aluminum), and by End User Industry (Building & Construction, Appliances, Automotive, and Others) - Global Forecast to 2019”
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http://www.marketsandmarkets.com/Market-Reports/coil-coatings-market-266690883.html
The global coil coatings market is significantly penetrating in their end-user industries. The characteristics of the end products differ as per the requirement of end- user industries and for different applications. The Asia-Pacific region is the fastest growing segment of the global coil coating market and is mainly attributed to high economic growth rate followed by heavy investment across end user industries such as building and construction, appliance, automotive, and others. The Asia-Pacific and RoW markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
R&D is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of coil coatings and match the new demands coming from various types of applications.

The drivers of the coil coating industry are growing demand from downstream industries, increasing competitiveness of leading coil coating manufacturers, high growth in the construction and automotive industry, product quality and differentiation, cost and line versatility, stringent government regulations and growing environmental compliance, and fluoropolymer continues to grow in building and construction market. There is growth in the furniture industry in China, which is one of drivers for the coil coating market in Asia-Pacific.
This study basically aims to estimate the global market of coil coatings for 2014 and to project its demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global coil coatings market. We have used various secondary sources such as encyclopedia, directories, industry journals, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources–experts from related industries and suppliers–have been interviewed to obtain and verify critical information as well as to assess the future prospects of coil coatings.
The current market value of the global coil coatings market (2013) is about $4,449.02 million and is estimated to reach $6,410.44 million by 2019, at a CAGR of 6.30% between 2014 and 2019. The high demand across the end user industries, such as building and construction, appliance, automotive, and others will increase the overall coil coatings consumption.
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Tags coil coatings
Last Updated June 9, 2016