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 improve the durability of coated substrates. Leading market players are investing to develop new products to increase coil coating product portfolio for extending their application areas in major end-use industries. For instance, the Environmental Protection Agency identified metal coil coating as a key source of hazardous air pollutant emission and strictly regulates their high uses. Such regulations and close monitoring might affect the market’s growth during the forecast period.
Market Dynamics
The By polyester segment accounted for the highest revenue share in the global technical coil coatings market in 2021 and the segment is projected to retain its position, due to the high demand for polyester coating in the construction and furniture industries. In construction, technical coil coatings have a variety of applications such as metal roofing & siding, windows, and doors. Therefore, the construction segment is the major segment in End-use Industry.
Asia Pacific was the dominant market in 2021 and the region is projected to be the fastest growing in the global technical coil coatings market over the forecast period. The growth of Asia Pacific technical coil coatings market is attributed to the growth of end-use industries along with strategic investment by leading market players such as PPG Industries Inc. and BASF SE in the region to tap the potential market in China, India, and South Korea. For instance, in March 2021, Akzo Nobel A.V., a U.S.-based company operating in coil coatings, launched TRINAR TC (Tough Coat), a new PFOA-free PVDF coil coating system that combines exceptional 70% PVDF performance with increased durability and simplicity of use. This TRINAR coating technology provides stain, abrasion, and scratch resistance to surfaces in the building & construction industry.
Key features of the study:
Detailed Segmentation:
Detailed Segmentation:
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize NowWe help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request Discount
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients