HOME › Press Releases › Coil Coatings Market worth $6,410.44 Million by 2019
Coil Coatings Market worth $6,410.44 Million by 2019
The report “Coil Coatings Market by Type (Polyester, Fluropolymer, Siliconized Polyester, Plastisol, and Others), by Application (Steel & Aluminum), and by End User Industry (Building & Construction, Appliances, Automotive, and Others) - Global Forecast to 2019” report analyzes the global coil coatings market with respect to market drivers, opportunities, and trends in different regions. The current market value of the global coil coatings market (2013) is about $4,449.02 million and is estimated to reach $6,410.44 million by 2019, at a CAGR of 6.30% between 2014 and 2019.
Browse 76 market data tables and 69 figures spread through 165 pages and in-depth TOC on “Coil Coatings Market by Type (Polyester, Fluropolymer, Siliconized Polyester, Plastisol, and Others), by Application (Steel & Aluminum), and by End User Industry (Building & Construction, Appliances, Automotive, and Others) - Global Forecast to 2019”
Early buyers will receive 10% customization on reports.
The global coil coatings market is significantly penetrating in their end-user industries. The characteristics of the end products differ as per the requirement of end- user industries and for different applications. The Asia-Pacific region is the fastest growing segment of the global coil coating market and is mainly attributed to high economic growth rate followed by heavy investment across end user industries such as building and construction, appliance, automotive, and others. The Asia-Pacific and RoW markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
R&D is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of coil coatings and match the new demands coming from various types of applications.
Asia-Pacific is the largest market, both in terms of volume and value, followed by Europe. China, Japan, U.S., Turkey, India, Brazil, and Russia are expected to persist as successful coil coating markets. The key players in the coil coatings market are Akzonobel N.V. (Amsterdam, Netherlands), PPG Industries Inc. (U.S.), and The Valspar Corporation (U.S.). Some of the other companies operating in the global market include BASF SE (Ludwigshafen, Germany), DuPont (U.S.), Henkel AG & Company (Dusseldorf, Germany), Kansai Paint Chemical Limited (Osaka, Japan), The Beckers Group (Berlin, Germany), The Sherwin-Williams Company (U.S.), and Wacker Chemie AG (Munich, Germany).
The Eastern and Central European nations, emerging South-East Asian, and Latin American nations that will host the future global events would supplement the growth of coil coatings in different applications. Governmental regulations and proposals for improvement of infrastructure, and the rising housing market in emerging economies will drive the coil coatings market.
The coil coatings demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.
The current market value of the global coil coatings market (2013) is about $4,449.02 million and is estimated to reach $6,410.44 million by 2019, at a CAGR of 6.30% between 2014 and 2019. The high demand across the end user industries, such as building and construction, appliance, automotive, and others will increase the overall coil coatings consumption.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
Suite 800, Dallas, TX 75252