Hi, what are you looking for?

A new market study by Future Market Insights on the global coil coatings market, evaluates key industry trends for the historical period 2014–2021 and forecasts the coil coatings market growth for the 2022–2029 period.

The report covers latest market dynamics, trends, macroeconomic factors, key success factors, industry value chain, forecast factors, opportunity assessment, incremental $ opportunity and competition analysis of all the major manufacturers involved in the coil coatings market. Topcoats remain highly preferred among end-use industries, especially in construction sectors, as compared to primers and backing coats.

Topcoats are used to provide color and gloss along with mechanical, chemical, and UV resistance to finished coils, and hence are widely adopted across the globe. The global coil coatings market value at US$ 5.0 Bn in 2022, and is projected to grow at a moderate CAGR of 4.7% during the estimated period of 2022-2029.

Get a Sample Copy of the Report @

https://www.futuremarketinsights.com/reports/sample/rep-gb-2578

As per the findings of the study, the global coil coatings market is expected to witness moderate growth in terms of CAGR over the forecast period due to the recovering construction industry and growing investments driving number of new infrastructure projects.

Aesthetic Properties of Coated Metal Sheet to Uphold the Market Growth

Development of new and innovative products will continue to have a tremendous impact on the industry and play an important role to promoting the coil coatings market growth in near future. Coil coated metal sheets provide architects with large number of design possibilities, while also allowing them to play with various colors, shapes, effects, and textures.

A steady stream of newly developed coatings, such as heat absorbing, heat reflecting, dirt-shedding, self-cleaning, etc. are finding their way into exterior building applications. These new functional coil coatings are a result of the environmental aspect being a strong factor in coil coatings’ development.

Coil Coatings Market: Vendor Insights

The global coil coatings market is fairly consolidated, with the top four players – Akzo Nobel N.V., PPG Industries Inc., Valspar Corporation and Beckers Group – holding ~60% market share. This is mainly attributed to the fact that the major players are availed with better equipment and technology for the manufacturing of coil coatings.

On the other hand, tier-2 and other players have limited global reach and manufacturing capabilities. These players’ main focus is the local clientele and to have a significant presence in their respective regional markets. Manufacturers are also focusing on mergers and consolidations of business to improve their product portfolio and market presence.

For any Queries Related with the Report, Ask an [email protected] 

https://www.futuremarketinsights.com/ask-question/rep-gb-2578

Some of the key developments in the coil coatings market are:

Coil Coatings Market by Category

https://www.futuremarketinsights.com/customization-available/rep-gb-2578

How Is The Oil And Gas Industry Pushing Sales In The Coil Coatings Market?

The ever-increasing demand for oil and gas resources across the globe is a chief factor expected to propel the market in the forthcoming years. Rising utilization of alloys and metals, especially steel in reactors, pipelines, and structures in the oil and gas industry is estimated to boost the market.

Most of the steel products required in oil and gas plants worldwide need coil coating paint before these are utilized for various applications. Rising extraction of oil and gas in untapped regions is another factor that is likely to aid growth.

Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain

Ready-mix Concrete Market: The global ready-mix concrete market size is anticipated to reach US$ 46.9 Bn in 2022 and exhibit a considerable CAGR of 13.2% in the forecast period from 2022 to 2032.

Industrial Oil Market:  The global industrial oil market is estimated to be valued at around US$ 77,468.9 Mn in 2022, registering Y-o-Y growth of 3.9%. 

High Performance Fibers Market: The high performance fibers market is projected to be valued at US$ 12.91 Bn in 2022 and is anticipated to reach US$ 29.19 Bn by 2032, with a CAGR of 8.5% from 2022 to 2032.

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Unit No: 1602-006 Jumeirah Bay 2 Plot No: JLT-PH2-X2A Jumeirah Lakes Towers Dubai United Arab Emirates Report: https://www.futuremarketinsights.com/reports/coil-coatings-market For Sales Enquiries: [email protected] Browse Other Reports: https://www.futuremarketinsights.com/reports LinkedIn| Twitter| Blogs

The post Coil Coatings Market Expanding at a Healthy 4.7% CAGR, Projected to Total US$ 6.8 Billion by 2029 appeared first on Future Market Insights.

Content creators appear to be the key players in the future of brand marketing, according to a new survey.

We’re pretty used to absurd claims from China, but this one is so utterly unrealistic it’s almost unique.

Thousands have fled conflict between the Taliban and fighters loyal to Mahdi Mujahid, the group's former intelligence chief for Bamiyan - Copyright AFP Ahmad...

Asian markets rose following a third straight rally on Wall Street, as below-par US data eased expectations for interest rate hikes.

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.