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Asia-Pacific Coil Coatings Market and Forecast to 2023 by Top Key Manufacturers – AkzoNobel, The Sherwin Williams Company PPG, Beckers Group, BASF

10-14-2018 08:03 PM CET | Energy & Environment

Press release from: Market Prognosis

Coil Coatings Market

Coil Coatings Market

Marketprognosis.com Publish a New Market Research Report On “Asia-Pacific Coil Coatings Market 2018 - 2023” which contains Asia-Pacific key player’s survey information and forecast to 2023.

Overview of the Asia-Pacific Coil Coatings Market:

The Asia-Pacific Coil Coatings Market is expected to register a CAGR of 5.89% during 2018 to 2023 (the forecast period). China is estimated to lead the market, due to its open investment policy, a large consumer market, available infrastructure, and high skilled workforce. Polyester resins are expected to be the fastest-growing market segment, by resin type.

Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/17605 .

Coil coatings find their application in manufacturing of typical components, such as sheet and panels for containers, caravan and interior, insulated boxes, trailer bodies, and road and railway coaches. The Chinese automotive industry recorded a growth of 14.5% YOY, reaching a total of 28,118,794 units in 2016. In India, automotive production has been growing at a higher rate, with the passenger vehicle segment exhibiting the highest growth rate during 2016. In 2016, more than 4.48 million units of vehicles were produced in the country. Production of passenger vehicles (PV), light commercial vehicles (LCV), and heavy trucks registered growth rates of 7.9%, 8%, and 9.9% respectively in FY 2016 over FY 2015. The increase in the overall production of automotive is to drive the growth of the coil coatings market in the region.

By resin type, the demand for polyester resins is likely to continue its growth, due to its superior physical and chemical properties, such as high resistance to chemicals and high durability for interiors and exteriors of buildings and good formability. As an exterior product, basic polyesters are used for both wall and roof cladding on buildings, particularly in mild and dry climates. Many indoor applications are subject to greater scrutiny than exterior applications, so high-quality aesthetics are important, often coupled with good formability, for forming into specific parts and a high degree of scratch resistance. Thus, polyester coil coatings are formulated for both interior & exterior applications and can be applied as one-coat application or basecoat or topcoat where durability and protection from corrosion are needed.

Purchase this report online with Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/17605 .

China is globally recognized for its architectural boom. The demand for low-cost housing and commercial housing is the reason for its growth in the recent years. China’s real estate sector has been growing rapidly, with increased investment by the government. In 2016, property prices in China rose by about 30.0%, due to increased activity in the real estate space. China’s Transport Ministry and National Development and Reform Commission (NDRC) planned to invest USD 724 billion, between 2016-2018, for constructing 303 key transportation projects, which include railways, highways, waterways, airports, and urban rail. Under the 13th five-year plan (2016-2020), the Chinese government is planning the infrastructure development of 30,000 km of railway lines and 30,000 km of expressways. The production of light vehicles, in China, recorded a growth of 14.11% YOY, reaching a total of 26,172,735 units in 2016. The production of trucks in China recorded a growth of 19.7% YOY, reaching a total of 1,756,888 units in 2016. All these factors would rapidly drive the market for coil coatings in China in the forecast period.

Major Key Players:

1 AkzoNobel

2 The Sherwin Williams Company PPG

3 Beckers Group

4 BASF and More…………..

Any Query? Ask to our Expert @ https://marketprognosis.com/enquiry/17605 .

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Coil Coatings Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

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