Technical Coil Coatings Market Research Report, 2025 Technical coil coatings refers to a process in which the material used for coating is applied on a metal strip. This process involves chemical pre-treatment of the metal surface on one side or both the sides. It has application in various industries such as automotive, construction and others. Growth of the technical coil coatings market is fueled by increasing demand for corrosion free products. Moreover, the increasing demand from various industries such as automotive and construction has further propelled the global technical coil coatings market. However, stringent government regulations on emission of harmful chemicals such as VOCs (Volatile Organic Compounds) is one of the major restrain for the global technical coil coatings market. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/1258 Polyester was the dominant segment in the technical coil coatings market in 2016 and is expected to continue its dominance over the forecast period with a CAGR of 5.22%. This is owing to its properties such as resistance to UV light and providing barrier coat to prevent corrosion of the substrate. Polyester can be modified as per requirement and applications, hence, proves to be a viable choice. For instance, polyester are used for roof and wall cladding on buildings. Manufacturers are focusing on developing eco-friendly products, which is further gaining traction and thereby driving growth of this market at a global level. For instance, in 2013, Evonik Industries developed a range of polyester resins for primers and top coats, which the company markets under DYNAPOL brand and is based on renewable raw materials. Asia Pacific dominated the technical coil coatings market in 2016 with a revenue of US$ 1978.9 million and is expected to continue its dominance over the forecast period. This is attributed to growth of automotive and construction industries in the region. According to International Trade Administration (ITA), China is the world’s largest construction market and was valued at US$ 717.71 billion in 2016 and is estimated to reach US$ 1,042.17 billion in 2021. The major players operating in the global technical coil coatings market include PPG Industries Inc., BASF S.E., Akzo Nobel N.V., The Valspar Corporation, DowDuPont Inc., The Sherwin-Williams Company, Backers Group, and Kansai Nerolac Paints Limited. For More Information: https://tinyurl.com/y3najby6 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
Asia Pacific dominated the technical coil coatings market in 2016 with a revenue of US$ 1978.9 million and is expected to continue its dominance over the forecast period. This is attributed to growth of automotive and construction industries in the region.
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