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Technical Coil Coatings

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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
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.
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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.
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pallavi.reddy
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