Metal Coatings Market 2020 Precise Outlook- AkzoNobel NV, Axalta Coating Systems, LLC, PPG Industries Inc., The Sherwin-Williams Company

Metal Coatings Market - Growth, Trends And Forecast (2020 - 2025), This report presents a profound evaluation of basic elements of Metal Coatings industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.

The market for metal coatings is expected to grow at a CAGR of more than 5 % during the forecast period.

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Major factors driving the market studied is Stringent VOC regulation is driving the demand for water borne DTM coatings.

- On the flip side, as the metal coatings are not suitable for the harsh operating environment, it is likely to hinder the market.
- Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.

Competitive Landscape:

The Metal Coatings Market is competitive owing to the presence of various international and domestic manufacturers. The market appears to be fragmented with the vendors competing in terms of price, capacity, volume, product quality, and technological innovation in the market. Some of the major players in the market are AkzoNobel NV, Axalta Coating Systems, LLC, PPG Industries Inc., The Sherwin-Williams Company, Henkel AG & Co. KGaA.

Industry Latest News:

Maylasia, May 7, 2020 -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today launched an upgraded color matching system at its High Performance Coatings (HPC) refinish business located in Southeast Asia. The upgraded software platform incorporates the most up-to-date color formulas and has a user-friendly interface to make color formula retrieval and reporting quick and easy, while also providing online technical support services.

May 12, 2020? D?sseldorf / Germany-- When it comes to the overall recyclability of a packaging, the choice of packaging substrates is typically being discussed. As a leader in adhesives and coatings for the packaging industry, Henkel is committed to actively support a circular economy by working closely with their partners to develop solutions that are both sustainable and functional. After launching its RE range that is "designed for recycling" last year, the company is now expanding the range with Loctite Liofol HS 2809-22 RE. The heat seal coating, which is certified for its recyclablity with paper, redefines how packaging can be designed.

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Water-borne Segment to Dominate the Market:

- Water-borne paints and coatings account for the major share in the overall paints and coatings market. The major reason for its gain over solvent-borne is its environment-friendly nature, as it is generally lower in volatile organic compounds (VOCs), which degrade the environment. Additionally, other properties, such as low odor, more durability, and block resistance make water-borne paints preferable.
- The increasing environment-friendly nature and versatile properties of water-borne coatings are increasing their demand coatings across Europe.
- Water-borne coatings are majorly required in automotive paints. Hence, with the increase in automotive production in Europe, the demand for water-borne coatings is also expected to increase.
- The water-borne protective coatings market is driven by a number of factors, such as increasing consumer awareness about VOC emissions and tightening environmental regulations.
- REACH, a government initiative in Europe was adopted to protect human health and the environment from the risks that can be constituted by chemicals, while enhancing the competition in the European chemical industry. Promoting alternative methods for the hazard assessment of substances reduces tests on animals. This is increasing the demand for coatings with low VOC content, such as water-borne coatings.
- In recent times, there is a propensity to seek coatings with low odor, usability, and water clean-up characteristics among the end-users. Water-borne coatings meet these requirements and facilitate low viscosity, without the addition of low-molecular-weight monomers.

Furthermore, this study will help to solve the following issues:

Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
Identifying key cannibalizes- Strong substitute of a product or service?is that the?most prominent threat. Report includes key cannibalizes of a market, by procuring?marketing research. This helps in aligning new product development/launch strategies?before.
Spotting emerging trends- Report helps?to identify?upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by?a specific?emerging trend.
Interrelated opportunities-This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.

Customization of the Report:

The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

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