Global Functional Coil Coatings Market USD XXX Billion by 2027.Global Functional Coil Coatings Market reached USD XXX Billion in 2020. The Global Functional Coil Coatings Market tends to grow by a CAGR of XX% in the 2021-2027 period.
Functional coil coatings is a process of applying advanced coating materials on a rolled material sheet-like steel, stainless steel, aluminum before it is fixed and reshaped. Functional coil coatings are usually available in liquid and powdered-based material. The rising construction industry in developing countries is a major driving factor helping the market to grow, as functional coil coatings are have in a variety of end-uses in the contruction sector. Functional coil coating is also applied in the automotive sector to protect from corrosion and abrasion is thus propelling the market forward. Pharmaceutical packaging and the aerospace industries are both benefiting from functional coil coating.The higher production cost of coil coating is one of the major challenges faced by the market. Steel coating application is dominating the market owing to the wider use of steel globally. In 2021, Applied Graphene Materials launched sustainable graphene nanoplate dispersion for paint and coating applications.
The key regions covered in the global Functional Coil Coatings market are North America, Latin America, Europe, Asia Pacific, and the ROW. The Asia Pacific accounted for the largest market share and it is estimated to grow in the forecasted period owing to the widely growing construction projects and increasing automotive production.
Major market players included in this report are:
JK Coil Coating Pvt Ltd
Jotun Group
Dura Coat Products, Inc.
Noroo Coil Coatings
Titan Coatings Inc.
Eastman Chemical Company
Modine Manufacturing Inc.
Chemetall Group
ALCEA
Recubrimientos Plasticos SA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Steel Coating
Aluminum Coating
By Material Type:
Polyester
Epoxy
PVC/Vinyl
Plastisol's
Acrylic
Polyurethane
PVDF
Silicone
By End-use:
Construction
Appliance
Automobile Industry
Others
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Functional Coil Coatings Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors