The Global Metal Coatings Market projected to grow at a CAGR of 5.9% during the forecast period of 2019 to 2026.
Metal coatings are coatings that are applied in order to protect the metal and also avoiding wear and tear. Unprotected metal gets rust over it and will lead to corrosion due to environmental exposure. With the help of metal coatings an extra layer of protection is provided. Metal coatings are made up of epoxy, polyurethane, and moisture cure urethane. It has its wide application in building & construction, automotive & transportation, consumer goods & appliances, marine and protective coatings, and others. Growing building & construction, automotive, and appliances industries and high demand for metal coatings from the Asia-Pacific region may act as the major driver in the growth of metal coatings market.
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Major Key players profiled in this report are:
PPG Industries Ohio, Inc., DuPont, Akzo Nobel N.V., The Valspar Corporation, The Sherwin-Williams Company, BASF SE, Axalta Coating Systems, KANSAI PAINT CO., LTD, Beckers Group, Henkel AG & Co. KGaA, Nippon Paint Holdings Co., Ltd., NOF METAL COATINGS GROUP, UMC, AFP METAL PRODUCTS, AkzoNobel Paints, Alucoil, China Powder Coating, The Magni Group, Inc., Guangzhou Cm Paint & Coating Co., Ltd., 3A composites, FameLine Products Co.,Ltd., and others.
This report is one-stop repository of detailed and in-depth research report compiled by an extensive list of competitors from across the globe. It helps clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the future. Later, report focuses on regions operational coverage across the world mainly sales.
Major Market Drivers:
- Growing building & construction, automotive, and appliances industries
- High demand for metal coatings from the Asia-Pacific region
- Demand for fluoropolymer resin type continues to grow in the building & construction market
- Fluctuating raw material costs
- Volatility in raw material prices
The global metal coatings market is segmented on the basis of technology into liquid coating, and powder coating. The liquid coating segment is sub segmented into water-based, and solvent-based.
On the basis of process, the global metal coatings market is segmented into coil coatings, extrusion coatings, and hot dip galvanized.
On the basis of resin type, the global metal coatings market is segmented into polyester, plastisol, siliconized polyester, fluropolymer, polyurethane, and others. The others segment is sub segmented into Acrylic and epoxy.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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