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Global Coil Coatings Market Share, Size, Report, Trends, Forecast: By Resin Type: Fluoropolymer, Polyester, Siliconised Polymer, Plastisol, Others; By Application: Aluminium, Steel, Others; By End User: Building and Construction, Appliance, Automotive, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2023-2028
Global Coil Coatings Market Outlook
The global coil coatings market size attained a value of USD 6.62 billion in 2022. The market is further expected to grow at a CAGR of 6.50% between 2023 and 2028, to reach a value of USD 9.61 billion by 2028.
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Key Trends in the Market
Coil coating is refers to the coating of metal coils with a material to produce a coated finish before fabrication for further end uses. With this process, metal coils of different sizes can attain a uniform, high-quality, and coated finish. This method is used in various coating applications to provide smooth finish to diverse types of surfaces.
- Building and construction end users of coil coatings are driving the demand for the market due to the heightened application of coil coatings in developing interior and exterior wall panels, and ceilings, among others.
- Increasing application of coil coatings in home appliances is further expanding the market for coil coatings, further supported by the increasing sale of household appliances which is also bolstering the growth of technical coil coatings market.
- In Europe, the increasing sale of passenger and commercial automobiles is expected to garner the European coil coatings market in the forecast period. Moreover, with a significant number of companies active in market for coil coatings in Europe, the supply chain is anticipated to witness garnered health.
Global Coil Coatings Market Analysis
Based on resin type, the market is segmented into fluoropolymer, polyester, siliconised polymer, and plastisol, among others. On the basis of application, the market is classified into aluminium, and steel, among others. By end user, the market is categorised into building and construction, appliance, and automotive, among others. The regional markets for coil coatings are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global coil coatings market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- 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
- Bulk Chemicals, Inc.,
- Others
Global Coil Coatings Market Share by Resin Type
The polyester segment, based on resin type, accounts for a healthy share of the global coil coating market as polyester coil coatings are tough, hard, flexible, resistant to stain, and come in variety of colours and glosses. The increasing applications of the polyster resin type of coil coatings in interior and exterior spaces of houses is fuelling the segment’s growth. In addition, next-generation polyester coatings are ideal for garage and entry door applications which are integral components of residential complexes.
Global Coil Coatings Market Share by Application
Based on application, aluminium accounts for a significant share in the market for coil coatings as aluminium is widely available, improving supply chain management. Aluminium coil coatings provide high-quality surface finish uniform thickness throughout the coating and excellent durability in extreme weather conditions. In addition, aluminium can be painted in variety of colours which boosts the aesthetic appeal of a structure.
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Competitive Landscape
Akzo Nobel N.V. is a multinational chemicals company which develops and markets paints and high-performance coatings for various industries and consumers around the world. It was founded in 1994 and is headquartered in Amsterdam in the Netherlands.
BASF SE is one of the largest chemical companies across the world, the product portfolio of which includes automotive coatings, architectural and decorative coatings, paints and coating formulations, industrial coatings, and various types of construction coatings. The company was established in 1865 and is headquartered in Ludwigshafen, Germany.
DuPont de Nemours, Inc. is a leading multinational chemical company which manufactures adhesives, sealants, fibres, reinforced plastics, paints, and coatings, among others. It was founded in 2017 and is headquartered in Delaware in the United States.
Other market players include 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Resin Type |
|
| Breakup by Application |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coil Coatings Market Analysis
8.1 Key Industry Highlights
8.2 Global Coil Coatings Historical Market (2018-2022)
8.3 Global Coil Coatings Market Forecast (2023-2028)
8.4 Global Coil Coatings Market by Resin Type
8.4.1 Fluoropolymer
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Polyester
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Siliconised Polymer
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Plastisol
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Coil Coatings Market by Application
8.5.1 Aluminium
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Steel
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Coil Coatings Market by End User
8.6.1 Building and Construction
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Appliance
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Automotive
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Coil Coatings Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Coil Coatings Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Coil Coatings Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Coil Coatings Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Coil Coatings Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Coil Coatings Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Akzo Nobel N.V.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 BASF SE
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 DuPont de Nemours, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Kansai Paint Co.,Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 PPG Industries, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Beckers Group
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 The Sherwin-Williams Company
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Nippon Paint Holdings Co., Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Wacker Chemie AG
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Bulk Chemicals, Inc.,
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coil Coatings Market: Key Industry Highlights, 2018 and 2028
2. Global Coil Coatings Historical Market: Breakup by Resin Type (USD Million), 2018-2022
3. Global Coil Coatings Market Forecast: Breakup by Resin Type (USD Million), 2023-2028
4. Global Coil Coatings Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Coil Coatings Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Coil Coatings Historical Market: Breakup by End User (USD Million), 2018-2022
7. Global Coil Coatings Market Forecast: Breakup by End User (USD Million), 2023-2028
8. Global Coil Coatings Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Coil Coatings Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Coil Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Coil Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Coil Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Coil Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Coil Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Coil Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Coil Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Coil Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Coil Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Coil Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Coil Coatings Market Structure
Key Questions Answered in the Report
The market reached a value of USD 6.62 billion in 2022.
The market is estimated to grow at a CAGR of 6.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 9.61 billion by 2028.
The rising applications of coil coating in various sectors, increasing demand from home appliances, easy availability of raw materials, and favourable advantages of coil coatings are the major drivers of the market.
The key trends in the market include the technological advancements in the automotive sector and growing research and development activities to develop next generation coatings.
Fluoropolymer, polyester, siliconised polymer, and plastisol, among others, are the different resin types of coil coatings in the market.
Aluminium, and steel, among others, are the major applications of coil coatings in the market.
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, are the key players of the coil coatings market, according to the report.
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