Market Overview:
The global industrial coil coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for coil coatings from the residential and industrial building applications. In terms of type, the primer segment is expected to lead the global industrial coil coatings market during the forecast period, followed by back paint and topcoat segments. In terms of application, the residential building segment is expected to lead the global industrial coil coatings market during 2018-2030, followed byindustrial building segment.
Product Definition:
Industrial coil coatings are coatings that are applied to metal coils. The purpose of industrial coil coatings is to protect the metal from corrosion and to improve its appearance.
Primer:
A primer is a thin layer of metal or polymer-based paint that is applied to the base metal or plastic surface. The product has numerous applications in various industries such as automotive, construction, electrical & electronics and packaging. Primers are used for providing protection to the base metals from corrosion and other chemical attacks. They also have applications in enhancing aesthetics by making the surface glossy and smooth.
Back Paint:
Back paint is a type of protective coating which is applied to the reverse side of coil coatings. It forms an important part of the overall coating process in industrial coil coatings and its application plays a vital role in improving the performance and durability of coated metal. Back paint contains pigments, fillers, and binders which help improve adhesion between layers making it more durable than conventional paints.
Application Insights:
The industrial building application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by growing manufacturing sectors across developing economies, such as China, India, and Brazil. These countries are witnessing a rapid growth in their manufacturing sectors which is likely to propel the demand for industrial coil coatings over the forecast period.
The product has wide applications in residential buildings including kitchen cabinets and bathroom fittings as well as electrical fixtures owing to its corrosion resistance properties. It also offers superior protection against waterborne bacteria and moisture penetration which enhances its durability over time. Furthermore, it increases energy efficiency by reducing heat loss from windows through infrared radiation absorption resulting in a cooler room temperature on account of reduced solar gain through glass surfaces coated with these products making them an ideal choice for use in residential applications globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.1% in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, coupled with increasing foreign investments in developing economies such as China, India, Indonesia, Malaysia & Vietnam among others.
The growing manufacturing sector across Asia Pacific economies including China and India are anticipated to drive demand for these products over the coming years. In addition, favorable government regulations aimed at promoting domestic production activities are likely boost regional growth further on account of cost-effective raw materials used by manufacturers operating within APAC region itself as well as from other regions globally due high availability of labor & low operational costs involved with it comparedto developed countries worldwide (i.e., higher operational costs).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of coil coatings as a low-cost and efficient alternative to traditional painting methods
- Rising demand for energy-efficient and corrosion-resistant coatings
- Technological advancements in coil coating technologies
- Growing awareness about the benefits of coil coatings among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Coil Coatings Market Research Report
By Type
Primer, Back Paint, Topcoat
By Application
Resident Building, Industrial Building
By Companies
AkzoNobel, PPG Industries, Valspar, BASF, Beckers, NIPSEA Group, KCC, Actega(Altana), Axalta, Dura Coat Products, Henkel, Daikin, Titan Coating, KelCoatings, Srisol, Yung Chi Paint&Varnish, Unicheminc, Shanghai Huayi Fine Chemical, Jiangsu Lanling Group, Shaanxi Baotashan Paint, Pingyuan Wente, Tangshan Wick Painting Chemical, CNOOC Changzhou EP Coating, Ningbo Zhengliang Coatings, Zhejiang Tiannv Group, Changzhou Baoxin Anticorrosive Material
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Coil Coatings Market Report Segments:
The global Industrial Coil Coatings market is segmented on the basis of:
Types
Primer, Back Paint, Topcoat
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Resident Building, Industrial Building
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- PPG Industries
- Valspar
- BASF
- Beckers
- NIPSEA Group
- KCC
- Actega(Altana)
- Axalta
- Dura Coat Products
- Henkel
- Daikin
- Titan Coating
- KelCoatings
- Srisol
- Yung Chi Paint&Varnish
- Unicheminc
- Shanghai Huayi Fine Chemical
- Jiangsu Lanling Group
- Shaanxi Baotashan Paint
- Pingyuan Wente
- Tangshan Wick Painting Chemical
- CNOOC Changzhou EP Coating
- Ningbo Zhengliang Coatings
- Zhejiang Tiannv Group
- Changzhou Baoxin Anticorrosive Material
Highlights of The Industrial Coil Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Primer
- Back Paint
- Topcoat
- By Application:
- Resident Building
- Industrial Building
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Coil Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Coil Coatings are a type of paint that is used to protect metal surfaces from corrosion.
Some of the major players in the industrial coil coatings market are AkzoNobel, PPG Industries, Valspar, BASF, Beckers, NIPSEA Group, KCC, Actega(Altana), Axalta, Dura Coat Products, Henkel, Daikin, Titan Coating, KelCoatings, Srisol, Yung Chi Paint&Varnish, Unicheminc, Shanghai Huayi Fine Chemical, Jiangsu Lanling Group, Shaanxi Baotashan Paint, Pingyuan Wente, Tangshan Wick Painting Chemical, CNOOC Changzhou EP Coating, Ningbo Zhengliang Coatings, Zhejiang Tiannv Group, Changzhou Baoxin Anticorrosive Material.
The industrial coil coatings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Coil Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Coil Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Coil Coatings Market - Supply Chain
4.5. Global Industrial Coil Coatings Market Forecast
4.5.1. Industrial Coil Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Coil Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Coil Coatings Market Absolute $ Opportunity
5. Global Industrial Coil Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Coil Coatings Market Size and Volume Forecast by Type
5.3.1. Primer
5.3.2. Back Paint
5.3.3. Topcoat
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Coil Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Coil Coatings Market Size and Volume Forecast by Application
6.3.1. Resident Building
6.3.2. Industrial Building
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Coil Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Coil Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Coil Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Coil Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Coil Coatings Demand Share Forecast, 2019-2026
9. North America Industrial Coil Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Coil Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Coil Coatings Market Size and Volume Forecast by Application
9.4.1. Resident Building
9.4.2. Industrial Building
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Coil Coatings Market Size and Volume Forecast by Type
9.7.1. Primer
9.7.2. Back Paint
9.7.3. Topcoat
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Coil Coatings Demand Share Forecast, 2019-2026
10. Latin America Industrial Coil Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Coil Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Coil Coatings Market Size and Volume Forecast by Application
10.4.1. Resident Building
10.4.2. Industrial Building
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Coil Coatings Market Size and Volume Forecast by Type
10.7.1. Primer
10.7.2. Back Paint
10.7.3. Topcoat
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Coil Coatings Demand Share Forecast, 2019-2026
11. Europe Industrial Coil Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Coil Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Coil Coatings Market Size and Volume Forecast by Application
11.4.1. Resident Building
11.4.2. Industrial Building
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Coil Coatings Market Size and Volume Forecast by Type
11.7.1. Primer
11.7.2. Back Paint
11.7.3. Topcoat
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Coil Coatings Demand Share, 2019-2026
12. Asia Pacific Industrial Coil Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Coil Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Coil Coatings Market Size and Volume Forecast by Application
12.4.1. Resident Building
12.4.2. Industrial Building
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Coil Coatings Market Size and Volume Forecast by Type
12.7.1. Primer
12.7.2. Back Paint
12.7.3. Topcoat
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Coil Coatings Demand Share, 2019-2026
13. Middle East & Africa Industrial Coil Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Coil Coatings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Coil Coatings Market Size and Volume Forecast by Application
13.4.1. Resident Building
13.4.2. Industrial Building
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Coil Coatings Market Size and Volume Forecast by Type
13.7.1. Primer
13.7.2. Back Paint
13.7.3. Topcoat
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Coil Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Coil Coatings Market: Market Share Analysis
14.2. Industrial Coil Coatings Distributors and Customers
14.3. Industrial Coil Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Valspar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Beckers
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NIPSEA Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KCC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Actega(Altana)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Axalta
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dura Coat Products
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Henkel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Daikin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Titan Coating
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. KelCoatings
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Srisol
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Yung Chi Paint&Varnish
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Unicheminc
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shanghai Huayi Fine Chemical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Jiangsu Lanling Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shaanxi Baotashan Paint
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
