Metal Coatings Market 2019 | Forecast, Size, Growth, Opportunities, and Trends 2023

1
Metal Coatings Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Metal Coatings Market Research Report- Forecast
to 2023
Metal Coatings Market - Overview
There is an increase in the application of metal
coatings owing to the rapidly growing
industrialization and urbanization, which is the
major factor in the growth of the Global Metal
Coatings Market. Also, the increase in
infrastructure development and spending,
especially for commercial and residential sectors
has augmented the demand for the end products of
coated metals. This factor drives the growth of
the Global Metal Coating Market. The benefits
offered by Metal Coatings such as increased
durability, corrosion resistance, and improved
texture, accelerates the demand and fuels the
growth of the Global Metal Coating
Market. Moreover, thriving electrical and
electronics industry and emergence of internet of
things (IoT) and automation are likely to offer
lucrative opportunities to the Global Metal
Coatings Market. Growing consumer preference for
built-in functions in the personal devices is
touted to add ammunition to the market growth in
coming years. However, the strict rules and
regulations of various government bodies
pertaining to environment protection may hamper
the growth of the Global Metal Coating Market. On
the other hand, benefits offered by Metal
Coatings such as increased durability, corrosion
resistance, and improved texture, highlight the
appeal of Metal Coatings and are expected to
further fuel the growth of the Global Metal
Coating Market in the foreseeable future.
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Metal Coatings Market Research Report- Forecast
to 2023
Segmental Analysis
The Global Metal Coatings Market is segmented
into Form, Method, Resin Type and End-Use
Industry. Form-Wise, the market is segmented into
liquid and powder coatings. The liquid coatings
are sub-segmented into water based and solvent
based. The market for powder coating has grown
significantly due to increasing technological
advancements and growing demand from applications
such as architectural appliances automotive
furniture agriculture, construction, and
earthmoving equipment (ACE). By Method, the
market is segmented into electroplating,
electroforming, galvanizing, and anodizing.
Electroplating segment is growing at a phenomenal
rate due to surging demand for automobiles,
consumer goods, and aircraft. By Resin Type, the
market is segmented into polyester, acrylics,
epoxy, polyurethane, fluoropolymer, plastisol,
and others. The soaring popularity of polyester
resins refers to its rising use as a
thermosetting system in a variety of
applications. This is accentuated by the use of
fillers, reinforcements, and additives to enhance
their physical and chemical properties. By
End-Use Industry, the global market is segmented
into construction, automotive, aviation,
electrical electronics, marine, oil gas, and
others. The construction industry is in constant
need for coatings that can impart anticorrosion
properties, as the steel structures are in
constant threat of corrosion and need
protection. To Get Detailed Knowledge About the
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ure.com/reports/metal-coatings-market-6152

4
Metal Coatings Market Research Report- Forecast
to 2023
Regional Outlook
Based on Region, the Metal Coatings Market is
segmented into North America, Europe, Asia
Pacific (APAC), Latin America, and the Middle
East Africa. APAC is touted to be the fastest
growing region in the Global Metal Coatings
Market. This can be attributed to the expanding
construction industry and rising investments in
the infrastructure activities by the government.
Initiatives taken by the government in India such
as the development of smart cities and
construction of Navi Mumbai International Airport
among others are envisaged to augment the market
growth. Apart from this, rapidly expanding
automotive industry in the developing economies
as a result of increased spending on automobiles
is triggering the demand for Metal Coatings in
the region. North America is another key region
in the Global Metal Coatings Market on account of
the expanding aviation industry. Increasing
aircraft production to cater to the surging
demand for automobiles from the developing
regions has made a vast difference in the market
growth. The product consumption is burgeoning in
the electrical and electronics industry with
increasing spending on wireless speakers and home
appliances. All these factors have led to
tremendous market performance in the
region. Europe is projected to manifest into a
formidable market during the review period
because of the reviving automotive industry,
especially in France, Germany, and Russia.
Flourishing construction industry coupled with
rising investment on the remodeling of houses and
commercial buildings is known to be the major
driver of the market growth in Europe. Latin
America, on the other hand, is exhibiting
substantial market growth with growing
construction and automotive industry in Brazil,
Argentina, and Colombia. Whereas, the Middle East
Africa is contemplated to note a considerable
growth in the Metal Coating Market owing to
rising construction activities mainly in the
United Arab Emirates (UAE).
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Metal Coatings Market Research Report- Forecast
to 2023
Major Players in this Research

• Metal Coatings Market Prominent Players
• Toefco Engineered Coating Systems, Inc. (U.S.)
• BASF SE (Germany)
• DowDuPont (U.S.)
• AkzoNobel N.V. (The Netherlands)
• The Valspar Corporation (U.S.)
• PPG Industries, Inc. (U.S.)
• The Sherwin-Williams Company (U.S.)
• Axalta Coating Systems (U.S.)
• Kansai Paint Co., Ltd (Japan)
• Beckers Group (Berlin)
• Henkel AG Co., KGaA (Germany)
• Nippon Paint Holding Co., Ltd (Japan)

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