Press release
Metal Coatings Market : Latest Innovations, Drivers and Industry Key Events 2018 – 2028
Key Insights - Metal Coatings MarketTier 1 Players Collectively Account for More Than 30% Revenue Share in Metal Coatings Market
Metal coatings market is highly fragmented with a maximum number of tier 2 companies. Product improvement, new product launches, and end-user penetration are high among tier 1 and tier 2 players. With a rise in regulations on VOC emission, both tier 1 and tier 2 players are focusing on new product launches and technologies.
Facility expansion is one of the key focus areas of leading companies. While the tier 2 players are focusing on improving the existing products with new technologies and formulations. New and smart metal coatings providing protection against chemical staining, UV, dirt, and corrosion are provided by top players in the metal coatings market.
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Rise in Construction and Automotive Sector Driving Metal Coatings Market Growth
Automotive and building and construction industries are emerging as key drivers for the growth of metal coatings market. Heavy investment in the construction industry in the Asia Pacific region is offering growth opportunity or metal coatings manufacturers. Countries such as China, India, Qatar, and Indonesia are demanding quality metal coating products for mega construction projects.
The consumption of coated steel is also growing in the construction industry in India and China. Coated steel is largely used in structures, wall cladding, and roofing. This is driving the demand for metal coatings products to develop coated steel for building infrastructure.
Automotive manufacturers across the globe are looking for light-weight materials to develop light-weight vehicles. This is resulting in advancement in metal coatings technology.
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Competition Analysis
The Fact.MR report on the metal coatings market offers detailed profiles of the major players operating in the market. The study also includes an exhaustive assessment of both well-established and emerging players in the metal coatings market. Information on new developments, product portfolio, key financials, and mergers and acquisitions is also provided in the report on the metal coatings market.
New product launch is one of the key strategies of the companies in metal coatings market. For instance, PPG Industries Inc. has introduced PPG Envirocron Extreme Protection powder coating system to provide chip and corrosion resistance and extending life of automotive coil springs on OEM vehicles. The new coating offers additional benefits like ease of use and consistent film builds on spring surface.
Definition
Metal coatings are the coatings applied to metals in order to provide protection and reduce wear and tear. Metal coatings are usually made from epoxy, moisture cure urethane, and polyurethane. Metal coatings can be applied on the metals by spraying in either powder or liquid form. Metal coatings also act as torque agents or lubricants.
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About the Report
The report on the metal coatings market is a comprehensive study of valuable and actionable insights. The report provides in-depth analysis of the metal coatings market including market drivers, challenges, latest trends, and growth opportunities for the players in the metal coatings market.
The study primarily focuses on the factors influencing the growth of the metal coatings market, enabling readers to plan various business strategies on the basis of the key insights offered in the report on the metal coatings market. The key section of the report, offers an overview of the metal coatings market including a brief introduction to the metal coatings market, along with the segment-wise and region-wise analysis.
Market Segmentation
The report on the metal coatings market includes key segments that have been identified and presented using a taxonomy table. The metal coatings market is segmented into type, process, form, and end-use. These key segments are further divided into sub-segments.
Based on the type, the metal coatings market is segmented into Fluoropolymers, Polyurethanes, Polyester, Plastisol, Siliconized Polyester, and Others (epoxy, acrylic). By form type, the market is segmented into liquid and powder.
On the basis of process, the metal coatings market is segmented into Coil, Extrusion, and Hot Dip Galvanizing. Based on the end-use, the market is segmented into Automotive, Architectural, Protective and Marine, Consumer Goods & Appliances, and Others (Wind power, solar power, and packaging).
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Additional Questions Answered
The report also provides answers on some of the important questions on the metal coatings market.
What is the volume share of liquid metal coatings?
Which process is likely to gain the highest share in the metal coatings market?
Which will be the most lucrative region in the metal coatings market?
What will be the revenue share of fluoropolymers in the metal coatings market?
Where does metal coatings find the largest application?
Research Methodology
Key insights and forecast offered on the metal coatings market are based on the robust research methods. The research methodology includes primary and secondary research on the metal coatings market across the globe.
Important numbers such as value and volume share, year-on-year growth, and CAGR in the metals coatings market report are transitioned via many valid sources and then included in the report. The exclusive information provided in the report is also obtained through interviews with industry experts and valid data sources. The authentic information provided on the metal coatings market in the report, enable the readers and clients to plan business strategies and important steps towards the growth and expansion in the global market.
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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