Press Releases
 
Coil Coatings Market: Growing Number of Construction Activities in Non-Residential Sector to Bolster

Coil Coatings Market: Global Industry Analysis 2023

New York, USA, 3 August 2017 -- Coil Coatings Market: The anti-corrosion and harsh weather resistant properties of these coatings have added significantly to its increasing application over the last few years.

The coil coatings market features a fairly fragmented landscape as the top four players accounted for a combined share of 56% of the market in 2014, finds Transparency Market Research (TMR). These leading companies are Beckers Group, PPG Industries, Inc., Valspar, and Sherwin Williams. The market demonstrates a relatively high degree of competition. With the acquisition of Valspar by the Sherwin-Williams Company in 2017, the competition is likely to intensify in the coming years, observes TMR. The acquisition will enable Sherwin Williams, a company majoring in paints solutions, to capitalize on the worldwide presence of Valspar. This is anticipated to open up lucrative growth avenues in various regions, particularly in emerging markets of Asia Pacific and the Middle East and Africa.

Several leading players are manufacturing high-performance coil coatings that also help end users meet a variety of purposes. Furthermore, top manufacturers of coil coatings are actively developing their distribution channels in a move to consolidate their presence.

Rising at a CAGR of 5.20% from 2015 to 2023, the opportunities in the coil coatings market is expected to reach US$6.3 bn by the end of the forecast period. The market was valued at US$4.0 bn in 2014.

Browse Market Research Report @ http://www.transparencymarketresearch.com/coil-coating-market.html

Burgeoning Construction Activities in Asia Pacific to Boost Consumption

Regionally, the coil coatings market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa (MEA). Of these, the Asia Pacific market held the leading share and is projected to attain a share of 44.2% by the end of 2023. The growth of the market is driven by the rapidly growing construction activities, particular those of non-residential buildings, in several key economies in the region.

Based on product, the market is segmented into polyurethane coatings, polyester coatings, plastisol coatings, silicone modified polyester coatings, polyvinylidene fluoride coatings, plastisol epoxides, and acrylics. Of these, the polyester coil coatings segment contributed the major share in 2014, in terms of aggregate demand, attributed to their versatility and high-performance. The segment is projected to reach a share of 64.2% by the forecast period.

Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3344

Multi-purpose Coil Coating Solutions in Construction Sector to Bolster Uptake

The growth of the coil coatings market is primarily driven by the rising number of construction activities world over in the residential as well as non-residential sectors. The rapid pace of urbanization in a number of advanced and emerging nations such as the U.S., China, India, Mexico, Indonesia, Brazil, and Turkey has accelerated the construction of new buildings, thereby boosting the demand for coil coatings. Compared to other coating options and alternative substrates, the use of coil coatings is stimulated by the several benefits they offer in the metal fabrication process. Coil coatings are characterized by being corrosion- and abrasion- resistant and are thermally reflective. In addition, some high-end coating coils possess antibacterial and self-cleaning properties. Furthermore, coil coatings are extensively used in metals to impart aesthetic finishes to metals used on roofs, and walls, thereby boosting the market.

However, the marked stagnation of various industries in several European nations is expected to negatively impact the coil coatings market to some extent. Nevertheless, the advent of innovative coil coatings, such as bio-based coating solutions, and its demand in the construction of buildings is expected to open up exciting opportunities for manufacturers. Furthermore, coil coatings are witnessing a variety of emerging applications in industries such as automotive, consumer appliances, and packaging. This is anticipated to accentuate the market in the coming years.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Coil Coatings Market (Product -Polyester, Silicone Modified Polyester, Polyvinylidene Fluoride (PVDF), Polyurethane (PU), Plastisol Epoxides, and Acrylics; Application- Construction, Automotive, Appliances, Packaging Furniture, and HVAC) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

# # #


Media Contacts:
Contact Us:-

Transparency Market Research

90 State Street, Suite 700, Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email:

Website: http://www.transparencymarketresearch.com/

Visit Blog: http://marketresearchreports2017.blogspot.in

Document Attached Image Attached Download file at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3344
(Right click and save file to download.)

Submitted by wayne, Transparency market research on Thursday, 3 August 2017 at 5:49 PM
Category: Architecture & Construction
 
Related News

San Diego Home Remodeling Company HK Construction Announces Newly Redesigned Website
Tuesday, 13 Feb 2018

Why is it Necessary to Renovate the Interior From Time to Time?
Tuesday, 13 Feb 2018

Meet Access Requirements at Construction Sites with Affix Scaffolding's Top-quality Scaffold Tower
Thursday, 8 Feb 2018

Affix Scaffolding Provides Best Aluminium Scaffolds to the Construction Businesses
Tuesday, 6 Feb 2018

Cutting Equipment Market to Value US$ 5 Bn by 2025
Tuesday, 6 Feb 2018

Related Events

Housing Density and Diversity
Tuesday, 19 Jun 2018

Latest News

Gadgets - An Indispensable A part of Modern Lifestyle
Wednesday, 21 Feb 2018

4 Valuable Strategies for Online Dating Sites
Wednesday, 21 Feb 2018

Stretcher Chair Market: Growing Awareness of Numerous Benefits Drives Demand
Wednesday, 21 Feb 2018

Online Classes - 5 Elements of an Online Class
Wednesday, 21 Feb 2018

Electrical Steel Market Sales, Size, Key Futuristic Trends 2025
Wednesday, 21 Feb 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Wednesday, 21 February 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • CAR-TCR Summit Europe 2018
  • World CNS Summit
  • Chief Data and Analytics Officer UK 2018
  • Tire Technology Expo 2018 - Hannover, Germany - 20-22 February
  • Inside 3D Printing - Dusseldorf 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.