Global Functional Coil Coating Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Jun 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
Global Functional Coil Coating Market By Material (Acrylic, Epoxy Resins, Plastisol, Polyvinylidene Fluoride, Polyester, Polyurethane, PVC/ Vinyl), End- User (Construction, Appliances, Automobile Industry, Others), Application (Steel Coating, Aluminium Coating), Product Type (Topcoats, Primers, Backing Coats, Others), Technology (Liquid Coating, Water Borne, Solvent Based, Powder Coating), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Functional Coil Coating Market 

Global functional coil coating market is expected to rise to an estimated value of USD 1036.79 million by 2026, registering a steady CAGR of 4.95% in the forecast period of 2019-2026. Increasing demand for smart coatings and increasing prevalence for nano-coating is the major factor for the growth of this market.

Market Definition: Global Functional Coil Coating Market 

Coil coating is a process which is used for the coating of coils of metals. Functional coil coating is a pre-treatment method for metal surface as they have the ability to increase the resistance, flexibility, and improve color textures. They are usually made up of material like acrylic, plastisol, polyester, polyurethane etc. Due to their properties they are very suitable for metal roofs, garage units, and garage doors. They are widely used in industries like appliances, automobile, construction etc. Improvement in the standard of living of the people is the factor fuelling the growth of this market.

Market Drivers:

  • Rising construction and automotive industry is driving market
  • Increasing usage of organic coatings is another factor for this market growth
  • Growing prevalence for home appliances and furniture will also compel the market growth

Market Restraints:

  • High operational cost is restraining the market growth
  • Increasing demand for low price products among population is another factor restraining the market growth

Segmentation: Global Functional Coil Coating Market 

By Material

  •  Acrylic
  •  Epoxy Resins
  •  Plastisol
  •  Polyvinylidene Fluoride
  •  Polyester
  •  Polyurethane
  •  PVC/ Vinyl

By End- User

  •  Construction
  •  Appliances
  •  Automobile Industry
  •  Others

By Application

  •  Steel Coating
  •  Aluminium Coating

By Product Type

  •  Topcoats
  •  Primers
  •  Backing Coats
  •  Others

By Technology

  •  Liquid Coating
  •  Water Borne
  •  Solvent Based
  •  Powder Coating

By Geography

  • North America

    • US
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In June 2017, The Sherwin-Williams Company announced that they have acquired The Valspar Corporation so that they can expand their business in paints and coatings. This will help them expand their product portfolio with new technologies and developments. This acquisition will also increase their revenue and will help them to provide better services to the customers
  • In December 2016, AkzoNobel announced that they have acquired BASF’s global Industrial Coatings business which will help the company to be a full service coating providers. This will also strengthen their position in coil, protective and wood coating market. They will also provide protective coatings for wind turbine blades

Competitive Analysis: Global Functional Coil Coating Market 

Global functional coil coating market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of functional coil coating market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Functional Coil Coating Market 

Few of the major competitors currently working in the global functional coil coating market are Axalta Coating Systems, Akzo Nobel N.V., PPG Industries, Inc., Valspar, The Chemours Company, Henkel Adhesives Technologies India Private Limited, Kansai Paint Co.,Ltd, Eastman Chemical Company, NOROO Coil Coatings Co., Ltd., Becker Group Ltd, Dura Coat Products, Inc., Italcoat Srl, Jotun, Titan Coatings, Inc., Chemetall GmbH, Replasa, ARCEO Engineering, LORD Corporation, Salchi Metalcoat S.r.l, Kömmerling Chemische Fabrik GmbH.

Research Methodology: Global Functional Coil Coating Market 

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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