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Technical Coil Coatings Market Witness Steady Expansion During 2020 – 2027

12-31-2020 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Technical Coil Coatings Market

Technical Coil Coatings Market

Technical coil coatings is used in various end-use industries such as construction, automotive, furniture, HVAC, home appliances, and others. Coil coatings offer protection against changing weather conditions and improves durability of coated substrates. Leading market players are investing in order to develop new products to increase coil coating product portfolio for extending their application areas in major end-use industries. In December 2016, PPG Industries Inc. launched ‘DURASTALL ULTRA-COOL’, advanced Silicone modified polyester coil coating with infrared reflective pigments for building components such as metal roofing, siding, and panels.

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Polyester segment accounted for highest revenue share in the global technical coil coatings market in 2016 and the segment is projected to retain its position, due to high demand for polyester coating in construction and furniture industries. In construction, coil coatings has a variety of application such as metal roofing & siding, windows, and doors. Therefore, construction segment is the major segment in End-use Industry.

Detailed Segmentation:

Global Technical Coil Coatings Market, By Material:
Polyester
Plastisol
Polyvinylidene fluoride (PVDF)
Silicon
Others

Global Technical Coil Coatings Market, By Technology:
Liquid Coating
Water-borne
Solvent-borne

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The major players operating in the global technical coil coatings market include PPG Industries Inc., BASF S.E., Akzo Nobel N.V., The Valspar Corporation, DowDuPont Inc., The Sherwin-Williams Company, Backers Group, and Kansai Nerolac Paints Limited.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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