Press release
Coil Coatings Market Highlights On Evolution 2031
โข The global coil coatings market was valued at US$ 5.7 Bn in 2021
โข It is estimated to expand at a CAGR of 5.2% from 2022 to 2031
โข The global coil coatings market is expected to exceed value of US$ 9.4 Bn by the end of 2031
๐๐ข๐๐ฐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/coil-coating-market.html
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ' ๐๐ข๐๐ฐ๐ฉ๐จ๐ข๐ง๐ญ ๐จ๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ข๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ง๐๐ซ๐ข๐จ
The demand for bio-based coatings has been gaining traction since the past several years. Thus, manufacturers should focus on developing bio-based coatings in order to penetrate the market. In addition, increase in competition has made it necessary for manufacturers to improve their production speed, accuracy, and quality. Manufacturers should ensure the quality of coil coatings such as color match, film, and build, and should avoid edge-to-edge variations in repeated runs in the production of coil coatings. Furthermore, manufacturers should emphasize on market diversification, which can create better opportunities for the coil coatings market. Moreover, the growth of the automobile industry is resulting in high demand for pre-painted metals, which is projected to generate lucrative avenues for the coil coatings market players. The demand for coil coatings is also increasing at a moderate pace in the packaging material sector due to their stress-resistant properties and flexibility. Market players can also leverage opportunities in developed countries such as the U.S., Canada, the U.K., and other countries of Europe.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3344
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ข๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Coil coatings is a method of coating & painting coils and metals sheets such as aluminum and steel. These coil coatings are made of polyester, silicone modified polyester, polyvinylidene fluoride (PVDF), polyurethane (PU), plastisol epoxides, and acrylics to provide anti-corrosion characteristics. The coil coatings market is driven by the steady evolution of numerous industries such as construction, automotive, and consumer appliances. The demand for high-performance composite coatings for metals, which is similar to coil coatings, is estimated to increase during the forecast period. An increase in the use of polyvinylidene fluoride coatings for application in electric vehicles is also anticipated to create significant opportunities for the coil coatings market in the next few years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=3344
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ข๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ
The global coil coatings market comprises several small- and large-scale manufacturers and suppliers that control majority of the share. Most of the firms are adopting new technologies and strategies, along with comprehensive research and development, primarily to increase flexibility and manufacturing operations. Diversification of product portfolio and mergers & acquisitions are key strategies adopted by market players. Akzo Nobel N.V., BASF SE, PPG Industries Inc., The Valspar Corporation, Beckers Group, Henkel AG & Co. KGaA, Dura Coat Products, Inc., The Dow Chemical Company, Nippon Paint Co. Ltd., Bulk Chemicals Incorporated, and Axalta Coating Systems LLC. are prominent entities operating in the global market.
Each of these players has been profiled in the coil coatings market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3344
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Rohit Bhisey
Transparency Market Research Inc.
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