2024 Competitor Analysis of Global Coil Coatings Market, GMI

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Construction industry to build a profitable
roadmCoil Coatings Marketap for the industry over
2016-2024
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Global Market Scenario of Coil Coatings Industry

• Coil Coatings Market has established a strong
  presence with its distribution and sales channels
  reaching every nook across the globe. A sturdy
  distribution channel and network ensures two
  important success factors good client service
  and ample availability of the product.
• The key players of coil coatings industry are
  widely adopting these practices to hold a firm
  position and compete with emerging participants.
  The notable participants such as The Dow Chemical
  Company, The Valspar Corporation, AkzoNobel N.V.,
  Nippon Paint Co. Ltd., and BASF SE are vertically
  integrated.
• This integration allows these players to
  maximize the products value at a competitive
  cost which will lead to a vigorous competitive
  scenario in coil coatings industry over the years
  to come.

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Continued...

• Coil coatings are extensively used in
  construction industry as it offers aesthetic
  finish to metals and provide weather corrosion
  resistance. The worldwide coil coatings market is
  primarily driven by the rapid growth of the
  non-residential infrastructure (industrial sites,
  factories, commercial buildings, etc.).
• China, India, and Indonesia being some of the
  fastest developing economies across the globe are
  undergoing rapid industrialization and
  urbanization. In response to this fact, the
  rising end-use industries including automotive,
  construction, and appliances are generating heavy
  demand for coil coatings. According to Global
  Market Insights, Inc., Coil Coatings market is
  estimated to witness a CAGR of 6 over the period
  of 2016-2024.
• Coil coatings market size in the construction
  sector is anticipated to register an annual
  growth rate of over 5 in terms of volume over
  the period of 2016-2024. Rising government
  spending in the construction industry for
  improving public infrastructure and facilities
  will fuel coil coatings market size.

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U.S Coil Coatings Market size, by end-user,
2013-2024 (USD Million)
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360 Analysis

• Coil Coatings Market, By Product
• Polyester coil coatings market share is projected
  to expand at over 6 CAGR over the forecast
  timeframe. Polyester is one of the most widely
  used product in the industry as it offers
  excellent corrosion and weather resistance to the
  coated material in most conditions. Additionally,
  polyester is one of the low-priced product owing
  to elevate the industry growth by 2024.
• Coil Coatings Market, By End User
• Construction coil coatings market size will
  witness more than 5 growth in terms of volume.
  The product is broadly used in wall panels, metal
  roofs to provide anti-corrosive weather
  resistant characteristics. It also helps in
  enhancing the esthetic appearance of roof, owing
  to boost business growth. In addition, increasing
  government construction spending to improve
  public infrastructure will consequently propel
  the industry growth.
• Coil Coatings Market, By Region
• Asia Pacific, particularly led by India, Japan
  and China coil coating market, dominated the
  overall revenue scenario size in 2015, mainly
  attributed to the robust growth in the regional
  end user industries.

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