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Coil Coatings Market to Grow due to Increasing Demand in Non-residential Construction

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Coil Coatings Market was valued at US$4.05 bn in 2014 and is estimated to reach US$6.27 bn in 2023, expanding at a CAGR of 5.2% between 2015 and 2023. The global coil coatings market stood at 940 kilo tons in terms of volume in 2014
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Research
Coil Coatings Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
17-Dec-2015
184 Page Report
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Press Release
Coil Coatings Market to Reach US$6.27 bn by 2023,
Construction Industry to Lead Demand : TMR
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Coil Coatings Market
REPORT DESCRIPTION
Coil Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Coil coatings are chemical formulations utilized for improving the longevity of metal alloys, particularly
aluminum and steel alloys. These coatings are multi-layered coats comprising pigments, primers, additives,
and thermoplastic resins.
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Coil coatings provide corrosion resistance and weather resistance, and enhance the aesthetics of pre-formed
metal coils. Inorganics and organics such as epoxies, polyesters, plastisols, vinyl, water-born emulsions, dry
lubricants, fluorocarbons, primer combinations, etc. can be utilized on metals. The kind of coil coating utilized is
dependent on the end-use application of the metal being coated. Coil coatings market are being highly
demanded owing to the increasing urbanization and growing industrial advancement, particularly in emerging
countries of the world.
Rising Demand for Coil Coatings in the Electrical Industry to Fuel Coil Coatings Market
On the basis of application, the market is segmented into automotive, construction, appliances, and others
including furniture, packaging, and HVAC. Amongst these, on the basis of volume, the construction industry,
particularly non-residential construction activities, held the biggest share in the market. The increasing demand
for coil coatings in the electrical and automotive industries due to their superior properties such as corrosion
resistance, flexibility, and stain resistance as compared to other coatings is predicted to stimulate the market in
the coming years.
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Coil Coatings Market
Furthermore, factors such as the increasing purchasing power and rising disposable income of people residing
in emerging regions are predicted to raise the sales of automotive, appliances, houses, and furniture. This will
further raise the demand for coil coatings. On the other hand, the decreasing demand for coil coatings within
Europe is predicted to restrain the growth of the overall market in the coming years. This is due to the
construction industry being at a standstill in the majority of European countries
Asia Pacific Coil Coatings Market Emerged as the Biggest Market in 2014
On the basis of geography, the coil coatings market is segmented into Europe, North America, Latin America,
Asia Pacific, and the Middle East and Africa (MEA). Amongst these, on the basis of volume, Asia Pacific led the
market, constituting one-third of the market in 2014. This is owing to the increasing demand for coil coatings
from a number of end-use industries within this region.
On the other hand, the market for coil coatings in North America is predicted to expand at a high CAGR in the
coming years owing to increasing demand from the automotive and construction industries. Latin America is
also a key market thanks to the high demand for coil coatings within the construction industry in the region.
The Middle East and Africa region is anticipated to be the most swiftly developing region in forthcoming years
owing to the several research and development activities carried on by top market players within this region. In
addition, the development of the appliances and construction industries will also raise the demand for coil
coatings within this region. However, Europe, as mentioned before, is a stagnant market for coil coatings.\
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The prime players dominant in the market are Akzo Nobel N.V., Beckers Group, Nippon Paints Co. Ltd., The
Dow Chemical Company, Dura Coat Products, Inc., PPG Industries, Inc., and Axalta Coating Systems LLC,
among others.
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Coil Coatings Market
TABLE OF CONTENT
Chapter 1 - Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.4 Research Methodology
1.5 Research Models
Chapter 2- Executive Summary
2.1 Global Coil Coatings Market, Volume and Revenue, (Kilo Tons) (US$ Mn), 2014–2023
2.2 Market Snapshot
Chapter 3 - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Dynamics
3.3.1 Driver 1- Growth in Number of Non-residential Construction Projects Globally
3.3.2 Driver 2- Rising Demand in Growing Economies of Asia
3.3.3 Restraint 1 – Declining Demand in Europe
3.3.4 Opportunity – Rise in Demand in Middle East & Africa
3.4 Porter’s Five Forces Analysis
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3.5 Company Market Share – Coil Coatings Market (%) (2014)
3.6 Market Attractiveness Analysis – Coil Coatings Market (by Products)
3.7 Market Attractiveness Analysis – Coil Coatings Market (by Countries)
Chapter 4 - Coil Coatings Market - Price Trend Analysis
Chapter 5 – Market Segmentation (By Product)
5.1 Global Coil Coatings Market – Product Segment Overview
5.2 Global Polyester Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
5.3 Global Silicone Modified Polyester Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
5.4 Global Polyvinylidene Fluoride Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
5.5 Global Polyurethane Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
5.6 Global Plastisol Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
5.7 Global Other Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
Chapter 6 - Market Segmentation (By End-user)
6.1 Global Coil Coatings Market – End-user Overview
6.2 Global Coil Coatings Market for Construction, 2014–2023 (Kilo Tons) (US$ Mn)
6.3 Global Coil Coatings Market for Automotive, 2014–2023 (Kilo Tons) (US$ Mn)
6.4 Global Coil Coatings Market for Appliances, 2014–2023 (Kilo Tons) (US$ Mn)
6.5 Global Coil Coatings Market for Other End-users, 2014–2023 (Kilo Tons) (US$ Mn)
Chapter 7- Market Segmentation (By Region)
7.1 Global Coil Coatings Market – Regional Overview
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7.2 North America Coil Coatings Market Overview
7.2.1 North America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.2.2 North America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.2.3 North America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.2.4 North America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.2.5 U.S. Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.2.6 U.S. Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.2.7 U.S. Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.2.8 U.S. Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.2.9 Rest of North America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.2.10 Rest of North America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.2.11 Rest of North America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.2.12 Rest of North America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3 Europe Coil Coatings Market Overview
7.3.1 Europe Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.2 Europe Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.3.3 Europe Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.4 Europe Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3.5 Germany Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.6 Germany Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
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7.3.7 Germany Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.8 Germany Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3.9 France Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.10 France Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.3.11 France Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.12 France Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3.13 Russia Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.14 Russia Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.3.15 Russia Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.16 Russia Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3.17 U.K. Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.18 U.K. Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.3.19 U.K. Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.20 U.K. Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3.21 Spain Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.22 Spain Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.3.23 Spain Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.24 Spain Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3.25 Rest of Europe Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.3.26 Rest of Europe Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
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7.3.27 Rest of Europe Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.3.28 Rest of Europe Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.4 Asia Pacific Coil Coatings Market Overview
7.4.1 Asia Pacific Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.4.2 Asia Pacific Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.4.3 Asia Pacific Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.4.4 Asia Pacific Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.4.5 China Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.4.6 China Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.4.7 China Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.4.8 China Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.4.9 Japan Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.4.10 Japan Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.4.11 Japan Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.4.12 Japan Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.4.13 ASEAN Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.4.14 ASEAN Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.4.15 ASEAN Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.4.16 ASEAN Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.4.17 Rest of Asia Pacific Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
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7.4.18 Rest of Asia Pacific Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.4.19 Rest of Asia Pacific Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.4.20 Rest of Asia Pacific Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.5 Latin America Coil Coatings Market Overview
7.5.1 Latin America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.5.2 Latin America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.5.3 Latin America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.5.4 Latin America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.5.5 Brazil Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.5.6 Brazil Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.5.7 Brazil Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.5.8 Brazil Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.5.9 Rest of Latin America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.5.10 Rest of Latin America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.5.11 Rest of Latin America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.5.12 Rest of Latin America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.6 Middle East & Africa (MEA) Coil Coatings Market Overview
7.6.1 Middle East & Africa Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.6.2 Middle East & Africa Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.6.3 Middle East & Africa Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
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7.6.4 Middle East & Africa Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.6.5 GCC Countries Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
7.6.6 GCC Countries Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
7.6.7 GCC Countries Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons)
7.6.8 GCC Countries Coil Coatings Market Revenue, by End-user, 2014-2023 (Kilo Tons)
7.6.9 South Africa Coil Coatings Market Volume, by Product, 2014-2023 (US$ Mn)
7.6.10 South Africa Coil Coatings Market Revenue, by Product, 2014-2023 (US$ Mn)
7.6.11 South Africa Coil Coatings Market Volume, by End-user, 2014-2023 (Kilo Tons)
7.6.12 South Africa Coil Coatings Market Revenue, by End-user, 2014-2023 (US$ Mn)
7.6.13 Rest of Middle East & Africa Coil Coatings Market Volume, by Product, 2014-2023 (Kilo Tons)
7.6.14 Rest of Middle East & Africa Coil Coatings Market Revenue, by Product, 2014-2023 (US$ Mn)
7.6.15 Rest of Middle East & Africa Coil Coatings Market Volume, by End-user, 2014-2023 (Kilo Tons)
7.6.16 Rest of Middle East & Africa Coil Coatings Market Revenue, by End-user, 2014-2023 (US$ Mn)
Chapter 8 - Company Profiles
8.1. Akzo Nobel N.V.
8.2. BASF SE
8.3. PPG Industries Inc.
8.4. The Valspar Corporation
8.5. Beckers Group
8.6. Henkel AG & Co. KGaA
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8.7. Dura Coat Products, Inc.
8.8. The Dow Chemical Company
8.9. Nippon Paint Co. Ltd.
8.10. Bulk Chemicals Incorporated
8.11. Axalta Coating Systems LLC
Chapter 9 - List of Key Customers
Chapter 10 - Primary Research - Key findings
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