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Coil Coatings Market was valued at US$4.05 bn in 2014 and is estimated to reach US$6.27 bn in 2023, expanding at a CAGR of 5.2% between 2015 and 2023. The global coil coatings market stood at 940 kilo tons in terms of volume in 2014
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Transparency Market Research Coil Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Published Date 2015-12-17 184 Page Report Request Sample Buy Now Press Release Rise in Non-residential Construction Activities to Fuel Demand for Coil Coatings, reports TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Coil Coatings Market REPORT DESCRIPTION Global Coil Coatings Market: Overview Coil coatings are witnessing a rapid surge in demand, thanks to their increasing application in the construction, automotive, and consumer appliances industries. The rising urbanization in emerging economies has stimulated construction activities in those regions. Coil coatings, being significant construction consumables, are utilized widely in construction activities. The anti- corrosion and harsh weather resistant properties of these coatings have added significantly to its increasing application over the last few years. The increasing number of commercial as well as residential construction projects are likely to fuel the demand for coil coatings considerably in the near future. Browse Coil Coatings Market Research Report: http://www.transparencymarketresearch.com/coil-coating-market.html According to a study by Transparency Market Research, the demand for coil coatings is likely to remain high due to major construction projects coming up across the world in the near future. The market’s opportunity is expected to expand at a CAGR of 5.20% during the period from 2015 to 2023 and increase from US$4 bn in 2014 to US$6.3 bn by the end of 2023. Demand for Polyester Coil Coatings to Remain High 2 Transparency Market Research
Coil Coatings Market Polyester coatings, polyurethane coatings, plastisol coatings, polyvinylidene fluoride coatings, and silicone modified polyester coatings are the key coil coatings available across the world. Polyester coil coatings have occupied the leading position among these. In 2014, the segment accounted for a share of 64% in the overall demand for coil coatings, which is likely to increase to 64.2% by 2023. As polyester provides a superior resistance to corrosion and harsh weather to the coated material in almost all conditions, its demand is increasing significantly across a number of application of coil coatings. In addition to this, the low-price of polyester coil coatings is expected to keep the demand for these coating high in the years to come. The demand for polyvinylidene fluoride coil coatings is also projected to increase significantly due to their longevity and aesthetic appeal over the next few years. Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=3344 Coil Coatings to Witness Sizeable Demand in Asia Pacific The worldwide coil coating market stretches across Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. Currently, Asia Pacific leads the consumption of coil coatings across the world. The rapid rise in the construction industry, stimulated by the growing urbanization, has boosted the demand for these coatings in this region. 3 Transparency Market Research
Coil Coatings Market Analysts expect this trend to remain increasing over the forthcoming years, owing to increasing number of non-residential construction projects in India, China, and Japan. The demand share of Asia Pacific in the overall coil and coatings market is estimated to increase from 42.4% in 2014 to 44.2% by the end of 2023. Other regions are also expected to record healthy growth in the demand for coil coatings in the near future. The global market for coil coatings is moderately consolidated in nature. In 2014, the top four manufacturers of coil coatings, namely, The Valspar Corp., Akzo Nobel N. V, Beckers Group, and PPG Industries Inc. led this market with a share of 56%. BASF SE, Henkel AG & Co. KGaA, Axalta Coating Systems LLC, Bulk Chemicals Inc., Nippon Paint Co. Ltd., The Dow Chemical Co., and Dura Coat Products Inc. are some of the other prominent participants in this market. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 4 Transparency Market Research
Coil Coatings Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://cmfeglobalreports.blogspot.in/ 5 Transparency Market Research