Press release
Coil Coatings Market 2024 Global Analysis of Key Players – Akzo Nobel N.V, The Dow Chemical Company, BASF SE and The Valspar Corporation.
Coil Coatings Market Size, Coil Coatings Industry, Coil Coatings Market share, Coil Coatings Sales
Coil Coatings Market size is set to reach USD 6.83 billion by 2024; according to a new research report. Inclining growth in non-residential construction will be a major factor propelling global coil coatings market size over the projected timeframe. In 2015, overall non-residential construction spending was around USD 3.5 trillion and is likely to exceed USD 5.5 trillion by 2024. These products are substantially used huge commercial buildings, factories and industrial sites owing to its capability to offer corrosion and weather resistance. It also provides value added aesthetic appearance to metal on walls, roofs and shades.
Browse key industry insights spread across 140 pages with 150 market data tables &13 figures &charts from the report, “Coil Coatings Market Size By Product (Polyester, Silicone Modified Polyester, Polyvinylidine Fluorides (PVDF), Polyurethane (PU), Plastisols), By End-user (Construction, Automotive, Appliances), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share &Forecast, 2016 – 2024” in detail along with the table of contents:
Request a sample of this premium Coil Coatings market Research Report @ https://www.marketstudyreport.com/request-a-sample/467855/
Rapid industrialization and urbanization, increasing per capita income, purchase power parity and stable political scenario are some key factors driving the APAC coil coatings market size. As of 2015, average GDP growth in Asian countries ranges from 6% to 7%. India, China and Indonesia are amongst the fastest emerging countries. This positively influences the end user sectors including construction, automotive and appliances, consequently boosting the business growth by 2024.
European debt crisis has severely influenced the automotive, construction and appliances business sectors. Declining investments by majority of the industry participants in the region may obstruct the global coil coatings market share over the projected timeframe. However, increasing appliances reach across remote regions will positively influence the industry growth over the forecast timeframe.
Key insights from the report include:
Global coil coatings market size is forecast to reach USD 6.83 billion by 2024, with estimated gains at 6 CAGR%.
Polyester coil coatings market size is forecast to witness gains more than 6% CAGR by 2024. It is the most commonly use coatings in the industry, mainly due to its superior weather and corrosion resistance characteristics. In addition, these coatings are comparatively economical, resulting in high product demand and consequently boosting industry growth.
In 2015, Polyvinylidine Fluorides (PVDF) coil coatings market share generated revenue more than USD 800 million. It is an expensive product, widely used in outdoor construction as it appropriate for severe climatic conditions. Furthermore, it also offers value added esthetic appearance accompanied with higher weather and corrosion resistance characteristics.
Construction coil coatings market size will witness approximately 5% volume growth. The product finds extensive applications in metal roofs and walls to offer weather &corrosion resistance traits. It also provides value added esthetic appearance.
In 2015, North America, led by the U.S. coil coatings market share was valued at over USD 900 million. The inclining non-residential construction sector after economic downturn has substantially driven the regional product demand. Furthermore, the U.S. is prominent user of appliances including microwave ovens, freezers, dishwasher’s, range hoods, refrigerators and dryers.
In 2015, Asia Pacific, mainly led by China, India and Japan, accounted for over 40% of the global coil coatings market volume. Rapid industrialization along with escalating construction industry in the region are the major factors for regional growth.
In 2015, the global coil coatings market share was consolidated as major industry participants accounted for more than 50% of the global share. Key industry contributors were Akzo Nobel N.V, The Dow Chemical Company, BASF SE and The Valspar Corporation.
Request a discount on standard prices of this premium Coil Coatings market Research Report at https://www.marketstudyreport.com/check-for-discount/467855/
Coil coatings market research report includes in-depth coverage of the industry, with estimates &forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:
Coil Coatings Market By Product
Polyester
Silicone Modified Polyester
Polyvinylidine Fluorides (PVDF)
Polyurethane (PU)
Plastisols
Others
Coil Coatings Market By End User
Construction
Automotive
Appliances
Others
More Report At: http://www.openpr.com/news/archive/144590/marketstudyreport-com.html
Table of content:
Chapter 2 Executive Summary
2.1 Coil coatings industry 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 End user trends
Chapter 3 Coil Coatings Industry Insights
3.1 Coil coatings industry segmentation
3.2 Coil coatings industry size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendox matrix
3.4 Coil coatings industry impact forces
3.4.1 Growth drivers
3.4.1.1 Robust growth in non-residential construction globally
3.4.1.2 Increasing product demand in Asia Pacific
3.4.2 Industry pitfalls and challenges
3.4.2.1 Decreasing product demand in Europe
3.5 Growth potential analysis
3.5.1 New business models
3.5.2 Potential customers
3.6 Porter's analysis
3.7 Company market share analysis, 2015
3.7.1 Strategic landscape
3.8 PESTEL analysis
3.9 Coil coating price trend analysis
3.9.1 Cost structure
3.9.2 Raw material analysis
3.10 Regulatory landscape
3.10.1 U.S.
3.10.2 Europe
3.10.3 China
For details about this report: https://www.marketstudyreport.com/reports/coil-coatings-market
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