Global Coil Coatings Valued at 4.98 Billion USD by 2020

Date: 2016-09-12

Even though the global production of steel was seeing slumping in last year and this year, the rise in growth of coil coated still continues during that time. Since the year of 1985, the growth rate of coil coated metal has exceeded the growth rates of either steel and/or aluminum production, estimate global Coil Coatings valued at 4.9 Billion USD by 2020 at a CAGR of 5.76% during the forecast period.

APAC is estimated still dominated the market, China and India are the growth frontiers for the coil coatings market owing to the growing demand from industrial sector such as automotive, construction and others, and the rising population in the Asia region has triggered the need of building materials and infrastructure that is one of the key drivers for the coil coatings market.

Coil coating is the continuous and highly automated industrial process for efficiently coating coils of metal. Because the metal is treated before it is cut and formed, the entire surface is cleaned and treated, providing tightly-bonded finishes. (Formed parts can have many holes, recessed areas, valleys, and hidden areas that make it difficult to clean and uniformly paint.) Coil coated metal (often called prepainted metal) is often considered more durable and more corrosion-resistant than most post painted metal.

Coil Coating plays a vital role in durability of the components used in any appliances such as refrigerators, washing machine, air-conditioners and others. In construction, coil coatings are done to both interior and exterior construction applications. Some of the applications, where coil coating are being utilized are storage units, interiors, entry and exit door and many others. Construction application is the major end user industry followed by the transportation industry currently.

The Market analyzed by application areas as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 001-510-400-8520

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