The Coil
Coatings Market global Industry Report, along with its
applications, has witnessed a linear growth for the past few years and this
growth is estimated to increase in the coming years.
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The properties such as hardness, stain resistance,
flexibility, and corrosion resistance, and an upsurge in the demand in coatings
for the building and construction, appliance, automotive, and other end user
industries will be the key influencing factors for the global coil coatings
with an increased emphasis on its different applications and their coating
resin types.
The coil coatings market is experiencing enormous growth which
is expected to continue in the near future, mainly driven by the highly growing
Asia-Pacific, RoW, and North American regions. Considerable amount of
investments and expansions are made by different market players to serve the
end-user applications industries in the future. The Asia-Pacific region is the
major coil coatings market that accounted for about 51.04% market demand of the
total global demand in 2013.
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More than 75% of the total coil coatings demand was consumed
by the building and construction coil coating industry in 2013. The growth of
the automotive and general industrial coating segments is also driving the
growth for coil coatings.
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.
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.
Competitive scenarios of the top players in the coil
coatings market have been discussed in detail. We have also profiled leading
players of this industry with their recent developments and other strategic
industry activities. These include key coil coatings manufacturers such as
Akzonobel N.V. (Amsterdam, Netherlands), PPG Industries Inc. (U.S.), and The
Valspar Corporation (U.S.). Some of the other companies operating in the global
market include BASF SE (Ludwigshafen, Germany), DuPont (U.S.), Henkel AG &
Company (Dusseldorf, Germany), Kansai Paint Chemical Limited (Osaka, Japan),
The Beckers Group (Berlin, Germany), The Sherwin-Williams Company (U.S.), and
Wacker Chemie AG (Munich, Germany).
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