Coil Coatings Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast to 2029

 A new market study by Future Market Insights on the global coil coatings market evaluates key industry trends for the historical period 2014–2021 and forecasts the coil coatings market growth for the 2022–2029 period. The global coil coatings market value at US$ 5.0 Billion in 2022, and is projected to grow at a moderate CAGR of 4.7% during the estimated period of 2022-2029.

The report covers the latest market dynamics, trends, macroeconomic factors, key success factors, industry value chain, forecast factors, opportunity assessment, incremental opportunity, and competition analysis of all the major manufacturers involved in the coil coatings market.

Topcoats remain highly preferred among end-use industries, especially in construction sectors, as compared to primers and backing coats. Topcoats are used to provide color and gloss along with mechanical, chemical, and UV resistance to finished coils, and hence are widely adopted across the globe.

As per the findings of the study, the global coil coatings market is expected to witness moderate growth in terms of CAGR over the forecast period due to the recovering construction industry and growing investments driving the number of new infrastructure projects.

Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2578

Coil Coatings Market By Category

Material Type :

  • Polyester
  • Epoxy
  • PVC
  • Plastisols
  • Acrylic
  • Polyurethane
  • PVDF
  • Silicone

End Use :

  • Construction
  • Transportation
  • HVAC
  • Metal Furniture
  • Others

Product Type :

  • Topcoats
  • Primers
  • Backing Coats
  • Others

Application :

  • Steel
  • Aluminum

Coil Coatings Market: Vendor Insights

The global coil coatings market is fairly consolidated, with the top four players – Akzo Nobel N.V., PPG Industries Inc., Valspar Corporation, and Beckers Group – holding ~60% market share. This is mainly attributed to the fact that the major players are availed of better equipment and technology for the manufacturing of coil coatings.

On the other hand, tier-2 and other players have limited global reach and manufacturing capabilities. These players’ main focus is the local clientele and to have a significant presence in their respective regional markets. Manufacturers are also focusing on mergers and consolidations of business to improve their product portfolio and market presence.

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