+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2015-12-17Number of Pages: 184

Coil Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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.

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.

coil-coatings-market"

 

Demand for Polyester Coil Coatings to Remain High

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.

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.

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.


Chapter 1 - Preface 
1.1 Report Description 
1.2 Market Segmentation 
1.3 Research Scope and Assumptions
1.4 Research Methodology 
1.5 Research Models 

Chapter 2- Executive Summary 
2.1 Global Coil Coatings Market, Volume and Revenue, (Kilo Tons) (US$ Mn), 2014–2023 
2.2 Market Snapshot

Chapter 3 - Industry Analysis 
3.1 Introduction 
3.2 Value Chain Analysis 
3.3 Market Dynamics 
     3.3.1 Driver 1- Growth in Number of Non-residential Construction Projects Globally 
     3.3.2 Driver 2- Rising Demand in Growing Economies of Asia 
     3.3.3 Restraint 1 – Declining Demand in Europe
     3.3.4 Opportunity – Rise in Demand in Middle East & Africa 
3.4 Porter’s Five Forces Analysis 
3.5 Company Market Share – Coil Coatings Market (%) (2014) 
3.6 Market Attractiveness Analysis – Coil Coatings Market (by Products)
3.7 Market Attractiveness Analysis – Coil Coatings Market (by Countries) 

Chapter 4 - Coil Coatings Market - Price Trend Analysis

Chapter 5 – Market Segmentation (By Product) 
5.1 Global Coil Coatings Market – Product Segment Overview 
5.2 Global Polyester Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn) 
5.3 Global Silicone Modified Polyester Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn) 
5.4 Global Polyvinylidene Fluoride Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn) 
5.5 Global Polyurethane Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn) 
5.6 Global Plastisol Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn)
5.7 Global Other Coil Coatings Market, 2014–2023 (Kilo Tons) (US$ Mn) 

Chapter 6 - Market Segmentation (By End-user) 
6.1 Global Coil Coatings Market – End-user Overview 
6.2 Global Coil Coatings Market for Construction, 2014–2023 (Kilo Tons) (US$ Mn) 
6.3 Global Coil Coatings Market for Automotive, 2014–2023 (Kilo Tons) (US$ Mn) 
6.4 Global Coil Coatings Market for Appliances, 2014–2023 (Kilo Tons) (US$ Mn) 
6.5 Global Coil Coatings Market for Other End-users, 2014–2023 (Kilo Tons) (US$ Mn) 

Chapter 7- Market Segmentation (By Region)
7.1 Global Coil Coatings Market – Regional Overview 
7.2 North America Coil Coatings Market Overview 
     7.2.1 North America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.2.2 North America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.2.3 North America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.2.4 North America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.2.5 U.S. Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.2.6 U.S. Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.2.7 U.S. Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.2.8 U.S. Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.2.9 Rest of North America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.2.10 Rest of North America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.2.11 Rest of North America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.2.12 Rest of North America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
7.3 Europe Coil Coatings Market Overview 
     7.3.1 Europe Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.3.2 Europe Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.3 Europe Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.4 Europe Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.3.5 Germany Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
     7.3.6 Germany Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.7 Germany Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.8 Germany Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.3.9 France Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.3.10 France Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.11 France Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.12 France Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.3.13 Russia Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.3.14 Russia Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.15 Russia Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.16 Russia Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.3.17 U.K. Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.3.18 U.K. Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.19 U.K. Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.20 U.K. Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.3.21 Spain Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.3.22 Spain Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.23 Spain Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.24 Spain Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn)
     7.3.25 Rest of Europe Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.3.26 Rest of Europe Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.3.27 Rest of Europe Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.3.28 Rest of Europe Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
7.4 Asia Pacific Coil Coatings Market Overview 
     7.4.1 Asia Pacific Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.4.2 Asia Pacific Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.4.3 Asia Pacific Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.4.4 Asia Pacific Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.4.5 China Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons)
     7.4.6 China Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.4.7 China Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.4.8 China Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.4.9 Japan Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.4.10 Japan Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.4.11 Japan Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.4.12 Japan Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.4.13 ASEAN Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.4.14 ASEAN Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.4.15 ASEAN Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.4.16 ASEAN Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.4.17 Rest of Asia Pacific Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.4.18 Rest of Asia Pacific Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.4.19 Rest of Asia Pacific Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.4.20 Rest of Asia Pacific Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
7.5 Latin America Coil Coatings Market Overview 
     7.5.1 Latin America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.5.2 Latin America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
     7.5.3 Latin America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.5.4 Latin America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.5.5 Brazil Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.5.6 Brazil Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.5.7 Brazil Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.5.8 Brazil Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.5.9 Rest of Latin America Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.5.10 Rest of Latin America Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.5.11 Rest of Latin America Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.5.12 Rest of Latin America Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
7.6 Middle East & Africa (MEA) Coil Coatings Market Overview 
     7.6.1 Middle East & Africa Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.6.2 Middle East & Africa Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn) 
     7.6.3 Middle East & Africa Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.6.4 Middle East & Africa Coil Coatings Market Revenue, by End-user, 2014–2023 (US$ Mn) 
     7.6.5 GCC Countries Coil Coatings Market Volume, by Product, 2014–2023 (Kilo Tons) 
     7.6.6 GCC Countries Coil Coatings Market Revenue, by Product, 2014–2023 (US$ Mn)
     7.6.7 GCC Countries Coil Coatings Market Volume, by End-user, 2014–2023 (Kilo Tons) 
     7.6.8 GCC Countries Coil Coatings Market Revenue, by End-user, 2014-2023 (Kilo Tons)
     7.6.9 South Africa Coil Coatings Market Volume, by Product, 2014-2023 (US$ Mn) 
     7.6.10 South Africa Coil Coatings Market Revenue, by Product, 2014-2023 (US$ Mn) 
     7.6.11 South Africa Coil Coatings Market Volume, by End-user, 2014-2023 (Kilo Tons) 
     7.6.12 South Africa Coil Coatings Market Revenue, by End-user, 2014-2023 (US$ Mn) 
     7.6.13 Rest of Middle East & Africa Coil Coatings Market Volume, by Product, 2014-2023 (Kilo Tons) 
     7.6.14 Rest of Middle East & Africa Coil Coatings Market Revenue, by Product, 2014-2023 (US$ Mn) 
     7.6.15 Rest of Middle East & Africa Coil Coatings Market Volume, by End-user, 2014-2023 (Kilo Tons) 
     7.6.16 Rest of Middle East & Africa Coil Coatings Market Revenue, by End-user, 2014-2023 (US$ Mn) 

Chapter 8 - Company Profiles
8.1. Akzo Nobel N.V.
8.2. BASF SE
8.3. PPG Industries Inc.
8.4. The Valspar Corporation
8.5. Beckers Group
8.6. Henkel AG & Co. KGaA
8.7. Dura Coat Products, Inc.
8.8. The Dow Chemical Company
8.9. Nippon Paint Co. Ltd.
8.10. Bulk Chemicals Incorporated
8.11. Axalta Coating Systems LLC

Chapter 9 - List of Key Customers

Chapter 10 - Primary Research - Key findings

Coil coatings are multilayered complex coatings of resins, pigments, and primers over metal rolls. Metal substrates (usually steel and aluminum) are roll coated in order to provide weather resistance and corrosion resistance. Coated metal rolls, sheets, and strips are then molded into necessary shapes. These coil coated metal objects are used in construction projects, automotive fabrication, appliances, HVAC systems, and furniture. 

This report provides detailed description of the global coil coatings market based on volume share (kilo tons) and revenue (US$ Mn) from 2014 to 2023. It highlights factors contributing to the growth of the market. It also enumerates the restraints of the market. Detailed forecast for coil coatings from 2015 to 2023 has been provided separately for better understanding of the market scenario. The coil coatings market is described with respect to various segments along with potential opportunities during the next six years. 

In terms of geography, the global coil coatings market has been segmented into the following regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Each region has been further divided into countries that are key markets for coil coatings. The study also analyzes market attractiveness for key countries with the help of the market attractiveness tool. 

The study segments the global coil coatings market on the basis of products (active ingredients) such as polyester, silicone modified polyester, Polyvinylidene fluoride, polyurethane, plastisols, and others (including epoxides and acrylics). It provides forecasts and estimates for each product segment in terms of revenue and volume during the forecast period for each region, including countries as well. 

The study also segments the global coil coatings market on the basis of end-user industries such as construction, automotive, appliances, and others (including packaging, furniture and HVAC). It provides forecasts and estimates for each application segment in terms of revenue and volume during the forecast period for each region, including countries as well. 

Increasing demand for coil coatings in key end-user industries such as construction, especially non-residential construction, is projected to fuel the global coil coatings market. Swift growth in global population, especially in developing countries, is anticipated to boost the construction, automotive, and appliances markets in these countries. This, in turn, is projected to propel the demand for coil coatings. Rapid pace of industrial development and rising prosperity of the population in developing countries is a stimulant for growth of sales of products such as furniture, appliances, automotive, and houses. Coil coatings used in the manufacture of these products in order to impart longevity through weather resistance, corrosion resistance, and aesthetic appeal. However, demand for coil coatings in Europe is likely to decline from previous levels owing to severe debt crisis in the region. Market players are shifting their focus from the once dominant Europe market to Asia and other fast growing regions. Middle East & Africa is projected to offer opportunities for market growth primarily owing to growth in construction and appliances industries in the region. 

Value chain analysis and Porter’s Five Forces Model have been included in the report to provide a comprehensive view of the market. These would also help understand specifics of the industry structure apart from providing an overview of the degree of competitiveness. The report also comprises detailed profiles of key players such as Akzo Nobel N.V., The Valspar Corporation, Beckers Group, Nippon Paints Co. Ltd., BASF SE, The Dow Chemical Company, Henkel AG & Co. KGaA, Dura Coat Products, Inc., Bulk Chemicals Incorporated, Axalta Coating Systems LLC, and PPG Industries, Inc. Detailed description of players includes parameters such as company overview, financial overview, business strategies, upcoming facilities, capacity addition, mergers, acquisitions, joint ventures, new products, and recent developments. 

The report segments the global coil coatings market as follows:

  • Coil Coatings Market – Product Segment Analysis
    • Polyester
    • Silicone Modified Polyester
    • Polyvinylidene Fluoride (PVDF)
    • Polyurethane (PU)
    • Plastisol
    • Others (including epoxides and acrylics)
  • Coil Coatings Market – Application Analysis
    • Construction
    • Automotive
    • Appliances
    • Others (including packaging, furniture, and HVAC)
  • Coil Coatings Market – Regional Analysis
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • Germany
      • France
      • Russia
      • U.K.
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC
      • South Africa
      • Rest of MEA


 
 
Back To Top