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Global Metal Coatings Market to Witness Increased Revenue Growth Owing to Rapid Increase in Demand

Metal Coatings Market

Metal Coatings Market

Metal Coatings Market- Overview

The corrosion means the erosion of metals, leads to the changes in the properties and failure to the performance of the metals. The metal coating is a way to protect the metal surface from corrosion and prevent changes to the properties of metals. In the metal coating process, the metal is treated as the entire surface is cleaned and provided tightly bonded finishes before fabrication of metal into end products. The metal coating makes the metal more durable by providing topcoats, innovative applications, Smooth surface and green benefits with the cost benefits which drives the demand of the metal coating for various industries such as automotive, construction and consumer goods. Overall, the global metal coating market is anticipated to register the significant growth over the forecast period 2016 to 2026.

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Metal Coatings Market- Drivers and Restraints

The global metal coatings market is expected to register a moderate CAGR over a forecast period as the application of metal coatings is increasing due to the rapidly growing industrialization and urbanization which is the major factor, drives the global metal coatings market. The increase in infrastructure development and spending, particularly for commercial and residential sectors also boost the demand for the end products of coated metals, drives the growth of the global metal coating market. The advantages of metal coating such as increased durability, corrosion resistance, and improved texture, increases the demand and drives the global metal coating market.

However, the fixturing process in the metal coating industry is very expensive, which may boost the cost of the metal coating process and restrain the growth of the global metal coating market. The stringent rules and regulations of the various government as the waste output by the cleaning procedure of metal coating is hazardous to the environment which may also hamper the growth of the global metal coating market.

Metal Coatings Market- Segmentation

The global metal coating market is segmented on the basis of the type of metal, process, technology and end user.

On the basis of metal type, the global metal coating market is segmented as follows:
Aluminum
Steel
Stainless steel
Others

On the basis of process, the global metal coating market is segmented as follows:
Coil Coating
Extrusion Coating
Hot-Dip Galvanizing

On the basis of technology, the global metal coating market is segmented as follows:
Liquid Coating
Powder Coating
On the basis of an end user, the global metal coating market is segmented as follows:

Marine industry and Protective Coatings
Building & Construction
Automotive & Transportation
Consumer Goods & Appliances
Military and defense
Others
Metal Coatings Market- Region Wise Outlook

The global metal coating market is segmented into the seven regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The APEJ region has become the market leader and contributed the leading shares to the global metal coatings market regarding revenue and volume due to the rapidly growing industrialization in the emerging economies such as China and India. The North America and Western Europe also contributed a moderate market share and anticipated to grow at a significant growth rate throughout the forecast period as the matured market of metal coating. The Japan is expected to register a healthy growth rate to the global metal coating market. Latin America and MEA are at a nascent stage of the global metal coating market and anticipated to register a lucrative growth over the forecast period 2016 to 2026. 

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Metal Coatings Market- Key Players

The key players of the global metal coating market are as follows:

I. du Pont de Nemours and Company
BASF SE
The Valspar Corporation
Axalta Coating Systems.
PPG Industries
AkzoNobel N.V.
Henkel AG & Co., KGaA
The Sherwin-Williams Company
Nippon Paint Holdings Co., Ltd.
Kansai Paint Co., Ltd. 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain 

Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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