Press Release
Press Release
Continued technological progress drives advancements in high-performance coil coating solutions, addressing needs for durability, corrosion resistance, and environmental sustainability. The development of smart coatings that respond to external factors and ecologically sound formulations, aligning with stringent regulations, represent key trends shaping the coil coatings market growth.
The construction industry represents the largest end-market for coil coatings. Polyester resin, silicone-modified polyester, and polyvinylidene fluorides (PVDF) or fluoropolymer resins are extensively utilised in building applications. With building codes increasingly emphasising energy efficiency, home builders and homeowners are progressively adopting construction practices that provide performance benefits and energy cost savings over the lifetime of the structure.
Further, coil coatings leverage infrared reflective pigment technology to help lower the indoor temperature of buildings. This technique incorporates pigments that reflect infrared radiation, thereby reducing the amount of heat absorbed by building materials. As a result, less energy is required for cooling, yielding savings on energy costs over time. By reflecting heat rather than absorbing it, coil coatings with infrared reflective pigments represent an energy-efficient solution for coil products used in construction applications.
PPG Industries, Inc. (NYSE: PG) offers coil coatings that are applied to metal roofing and wall panels as well as HVAC equipment across various industries, including transportation and general industrial products. These coatings withstand the most rigorous conditions found in residential, commercial, and industrial settings as well as certain severe environmental exposures. PPG's DURASTAR® ULTRA-COOL® silicone-modified polyester (SMP) coatings provide superior exterior durability for metal roofing and wall panels used in agricultural, industrial, commercial, and residential construction applications.
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The major players in the global coil coatings market are Akzo Nobel N.V., BASF SE, DuPont de Nemours, Inc., Kansai Paint Co., Ltd., PPG Industries, Inc., Beckers Group, The Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., Wacker Chemie AG, and Bulk Chemicals, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Resin Type |
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Breakup by Application |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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