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Pulished Date August, 2021
ID: 12009
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Global Coil Coatings Market Segmentation By Resin Type (Fluoropolymer coil coatings, Plastisol coil coatings, Polyester coil coatings, Siliconized polyester coil coatings, and Others); By Application (Aluminum and Steel); By End-user (Automotive, Electricals & Electronics, Building & Construction and Others); and Region - Industry Forecast of 2021 to 2026

Pulished: August, 2021
ID: 12009
Pages: 180

Global Coil Coatings Market Value and Growth:

The global coil coatings market was worth US$ 4 billion in 2021, and it is estimated to reach a valuation of US$ XX billion by the end of 2026, expanding at a CAGR of 5% during 2021 and 2026.

Coil coatings are pre-painted metal applied on metallic substrates, including steel, aluminum, and others in the form of liquid, powder, and paste, which possess specific properties, including protective and decorative properties. The metallic substrates that are coated include galvanized mild steel, hot-dip galvanized steel, electro-galvanized coated steel, wrought aluminum alloys, cold reduced steel, and many other substrates. The available coatings include polyesters, plastisol, polyurethanes, polyvinylidene fluorides (PVDF), primers, backing costs, epoxies, and laminate films. Coil coatings are used in various products and can be formed for several applications, including T bends mislaying the quality of the coil. In addition, these are flexible, low cost and are environmentally friendly. Coil coating is considered the industrial process for coating coils of metal. It is a continuous process which consists of cleaning, chemical pre-treatment of metal surface neither one side nor two sides, applications of single & multiple paints and coating powders that are cured and laminated with the use of permanent plastic films. The steel & aluminum are manufactured in the form of a coil from the rolling mills, and their weights vary from 5-6 tons in aluminum and around 25 tons in steel.

Coil Coatings Market Trends:

Coil coatings are ruling the market in terms of growth due to the increase in their usage by various industries for n number of applications include the construction industry for outdoor and indoor applications, cabinets for electronic goods, automotive and transport firms, furniture for office, production of white goods, bakeware and lighting envelopes.

Recent Developments in the Coil Coatings- Market:

In Japan, BASF announced that it tends to focus on alternative technology for coating coils and phase out the chromate coil coating systems. The technology is based on corrosion inhibition performance, and it is confident in providing technology to the construction industry.

Coil Coatings Market Drivers:

Increasing demand for downstream industries, growing competitiveness of leading coil coating manufacturers, high differentiation and product quality growth, construction & automotive firms, strict government rules & regulations, cost & line versatility, rising environmental compliance, and fluoropolymer continues its growth in the construction industry. These are the significant factors that boost up the coil coatings market growth. Furthermore, the increasing usage of coil coatings in designing furniture and construction products augment to drive the market growth during the forecast period. Furthermore, the automotive OEMs tend to provide enhanced after-sales that positively influence the coil coating market to attract customers.

Coil Coatings Market Restraints:                                                   

Storage & Transportation acts as a significant factor for restraining the growth of the coil coatings market. Along with these, due to lack of safe and proper transportation facilities of coil coatings globally may hamper the coil coatings market growth during the forecast period.

Opportunities in the Coil Coatings Market:

The rapid increase in the penetration in pharmaceutical packaging and aerospace applications, massive demand for industrial sectors due to its environmentally- friendly nature, high tensile strength, and good product quality, along with suitable adhesion property, acts as a significant opportunity for the coil coatings market. 

Challenges in the Coil Coatings Market:

Increasing consumption of energy & electricity required for the industrial process of coil coating and expensive technologies of coil coatings may lead to the challenge for the coil coatings market growth during the forecast period.

Coil Coatings Market Segmentation:

By Resin Type:

  • Fluoropolymer coil coatings 
  • Plastisol coil coatings
  • Polyester coil coatings
  • Siliconized polyester coil coatings
  • Others

Depending on the resin type, the coil coatings market is segmented into fluoropolymer coil coatings, plastisol coil coatings, polyester coil coatings, siliconized polyester coil coatings, and others. Polyester coil coatings tend to have the highest market share of about 60% of all the mentioned resin types due to their magnificent flow characteristics. Additionally, these are useful for outdoor applications include truck trailers, doors, rim, residential roofing systems, etc. On the other hand, siliconized polyester coil coatings tend to hold the highest market volume during the foreseen period due to their high resistance. 

 By Application:

  • Aluminum
  • Steel 

Based on application, the coil coatings market is segmented into aluminum and steel. Steel application dominates the coil coatings market due to its low cost and high tensile strength. It is treated as the world’s most popular alloy, widely used in construction, home, and many other applications.

By End-user:

  • Automotive
  • Electricals & Electronics
  • Building & Construction 
  • Others

The coil coatings market is divided into automotive, appliance, building & construction, and others based on the process. Among these segments, the electrical and electronics end-user attributes the highest market share since these end-users require heavy metals for coils, transformers, inductors, and home appliances. Moreover, the process of coil coating includes metals. Thus, driving the electricals & electronics end-user hold maximum market share.

Coil Coatings Regional Analysis:

 The Coil Coatings Report includes the segmentation of Regions:

  •  North America 

  •  Europe 

  •  Asia Pacific 

  •  Latin America 

  •  Middle East & Africa 

The Asia Pacific has become the largest region in the industrial sector across the globe, in which the Asia Pacific tends to dominate the market during the forecast period. Since these firms, including construction, automotive, and others, augment to use heavy metals that use the process of coil coating. China dominates the market in APAC due to the continuous rise in the automotive sector, followed by India. At the same time, North America aid to witness stable growth rates during the forecast period, and Europe is estimated to have significant CAGR, respectively. 

Impact of COVID-19 on Coil Coatings Market:

Covid-19 (novel Corona Virus Disease), which outbreak in early 2020, has been turned out as a global pandemic crisis with 15 million population getting infected and has already created the loss of over 600 thousand deaths worldwide.

It is owing to the increased emphasis on preventing the spread of covid-19 and considering the transmission measures to prevent the movement and interactions between the humans and prevent the spread of disease. Unfortunately, this is adversely impacted the wide range of industries and created shut down of businesses due to less or zero returns or investments. These industries are likely to take a longer time than expected to cover. 

Coil Coatings Market Key Players:

The companies covered in the report include:

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Coil Coatings Market , By Resin Type                               

                                6.1.1 Fluoropolymer coil coatings             

                                6.1.2 Plastisol coil coatings          

                                6.1.3 Polyester coil coatings        

                                6.1.4 Siliconized polyester coil coatings 

                                6.1.5 Others      

                                6.1.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.7 Y-o-Y Growth Rate Analysis              

                                6.1.8 Market Attractiveness Index           

                6.2 Coil Coatings Market , By Application                              

                                6.2.1 Aluminum

                                6.2.2 Steel          

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

                6.3 Coil Coatings Market , By End-user                   

                                6.3.1 Automotive            

                                6.3.2 Electricals & Electronics     

                                6.3.3 Building & Construction     

                                6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.5 Y-o-Y Growth Rate Analysis              

                                6.3.6 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Resin Type        

                                7.2.3 By Application       

                                7.2.4 By End-user            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Resin Type        

                                7.3.3 By Application       

                                7.3.4 By End-user            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Resin Type        

                                7.4.3 By Application       

                                7.4.4 By End-user            

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Resin Type        

                                7.5.3 By Application       

                                7.5.4 By End-user            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Resin Type        

                                7.6.3 By Application       

                                7.6.4 By End-user            

8. Key Player Analysis                                    

                8.1 AkzoNobel N.V.                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 BASF SE                        

                8.3 E. I. Du Pont De Nemours and Company                        

                8.4 Henkel AG & Company                          

                8.5 Kansai Paint Company Limited                           

                8.6 PPG Industries Inc.                  

                8.7 The Beckers Group                  

                8.8 The Sherwin-Williams Company                        

                8.9 The Valspar Corporation                       

                8.10 Wacker Chemie AG                               

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of By Service, Type and along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Coil Coatings Market By Region, From 2021-2026 ( USD Billion )

  2. Global Coil Coatings Market By Resin Type , From 2021-2026 ( USD Billion )

  3. Global Fluoropolymer coil coatings Market By Region, From 2021-2026 ( USD Billion )

  4. Global Plastisol coil coatings Market By Region, From 2021-2026 ( USD Billion )

  5. Global Polyester coil coatings Market By Region, From 2021-2026 ( USD Billion )

  6. Global Siliconized polyester coil coatings Market By Region, From 2021-2026 ( USD Billion )

  7. Global Others Market By Region, From 2021-2026 ( USD Billion )

  8. Global Coil Coatings Market By Application , From 2021-2026 ( USD Billion )

  9. Global Aluminum Market By Region, From 2021-2026 ( USD Billion )

  10. Global Steel Market By Region, From 2021-2026 ( USD Billion )

  11. Global Coil Coatings Market By End-user , From 2021-2026 ( USD Billion )

  12. Global Automotive Market By Region, From 2021-2026 ( USD Billion )

  13. Global Electricals & Electronics Market By Region, From 2021-2026 ( USD Billion )

  14. Global Building & Construction  Market By Region, From 2021-2026 ( USD Billion )

  15. Global Others Market By Region, From 2021-2026 ( USD Billion )

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