The Global Metal Coatings Market accounted for USD 12.11 billion in 2016 and projected to grow at a CAGR of 5.9% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2019 to 2026.
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The Global Metal Coatings Market research report is a brilliant report that helps the individual to make vital choices and accomplish development targets. The study of this report has been utilized to analyze different fragments that are depended upon to observe the speediest advancement dependent on the assessed conjecture outline. Various strategies and procedures were utilized to assemble and assess the data. This research report perceives the prerequisite to stay educated in this aggressive market conditions and consequently offers a bit of wide-running data for settling on choice and methodologies so as to enlarge the market productivity and development.
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.
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
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.
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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