Press release
Coil Coatings Market size was USD 4.27 billion in 2015, and is projected to see 6% CAGR by 2024
Inclining growth in non-residential construction will be a major factor propelling global coil coatings market size over the projected timeframe. In 2015, overall non-residential construction spending was around USD 3.5 trillion and is likely to exceed USD 5.5 trillion by 2024. These products are substantially used huge commercial buildings, factories and industrial sites owing to its capability to offer corrosion and weather resistance. It also provides value added aesthetic appearance to metal on walls, roofs and shades.
Rapid industrialization and urbanization, increasing per capita income, purchase power parity and stable political scenario are some key factors driving the APAC coil coatings market size. As of 2015, average GDP growth in Asian countries ranges from 6% to 7%. India, China and Indonesia are amongst the fastest emerging countries. This positively influences the end user sectors including construction, automotive and appliances, consequently boosting the business growth by 2024.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/839
European debt crisis has severely influenced the automotive, construction and appliances business sectors. Declining investments by majority of the industry participants in the region may obstruct the global coil coatings market share over the projected timeframe. However, increasing appliances reach across remote regions will positively influence the industry growth over the forecast timeframe.
Key insights from the report include:
Polyester coil coatings market size is forecast to witness gains more than 6% CAGR by 2024. It is the most commonly use coatings in the industry, mainly due to its superior weather and corrosion resistance characteristics. In addition, these coatings are comparatively economical, resulting in high product demand and consequently boosting industry growth.
In 2015, Polyvinylidine Fluorides (PVDF) coil coatings market share generated revenue more than USD 800 million. It is an expensive product, widely used in outdoor construction as it appropriate for severe climatic conditions. Furthermore, it also offers value added esthetic appearance accompanied with higher weather and corrosion resistance characteristics.
Construction coil coatings market size will witness approximately 5% volume growth. The product finds extensive applications in metal roofs and walls to offer weather & corrosion resistance traits. It also provides value added esthetic appearance.
In 2015, North America, led by the U.S. coil coatings market share was valued at over USD 900 million. The inclining non-residential construction sector after economic downturn has substantially driven the regional product demand. Furthermore, the U.S. is prominent user of appliances including microwave ovens, freezers, dishwasher’s, range hoods, refrigerators and dryers.
Browse key industry insights spread across 140 pages with 150 market data tables & 13 figures & charts from the report Coil Coatings in detail along with the table of contents at:
https://www.gminsights.com/industry-analysis/coil-coatings-market
In 2015, Asia Pacific, mainly led by China, India and Japan, accounted for over 40% of the global coil coatings market volume. Rapid industrialization along with escalating construction industry in the region are the major factors for regional growth.
In 2015, the global coil coatings market share was consolidated as major industry participants accounted for more than 50% of the global share. Key industry contributors were Akzo Nobel N.V, The Dow Chemical Company, BASF SE and The Valspar Corporation.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/839
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Coil Coatings Market size was USD 4.27 billion in 2015, and is projected to see 6% CAGR by 2024 here
News-ID: 627694 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
