Technical Coil Coatings Market Information, Figures and Analytical Insights 2019 – 2026
Seattle, WA -- (SBWire) -- 12/10/2019 --Stratagem Market Insights latest report on Global Technical coil coatings market offers a detailed evaluation of the global industry by analysing market dynamic factors including the drivers, challenges and trends in upcoming years.The report discusses the Market structure, size of the Market , revenue and volume, and finally forecasts values. The report provides key statistics on the market status of the Global Technical coil coatings and is a valuable source of direction and guidance for companies and individuals interested in the industry.The report classifies the market into different segments based on application, technique and end-user. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and credible opportunities of the market.
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The study draws a forecast of the growth of the Technical coil coatings market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
Technical coil coatings is used in various end-use industries such as construction, automotive, furniture, HVAC, home appliances, and others. Coil coatings offer protection against changing weather conditions and improves durability of coated substrates. Leading market players are investing in order to develop new products to increase coil coating product portfolio for extending their application areas in major end-use industries. In December 2016, PPG Industries Inc. launched 'DURASTALL ULTRA-COOL', advanced Silicone modified polyester coil coating with infrared reflective pigments for building components such as metal roofing, siding, and panels.
Market Dynamics :
Polyester segment accounted for highest revenue share in the global technical coil coatings market in 2016 and the segment is projected to retain its position, due to high demand for polyester coating in construction and furniture industries. In construction, coil coatings has a variety of application such as metal roofing & siding, windows, and doors. Therefore, construction segment is the major segment in End-use Industry.
Asia Pacific was the dominated market in 2016 and the region is projected to be the fastest growing in the global technical coil coatings market over the forecast period. The growth of Asia Pacific technical coil coatings market is attributed due to growth of end-use industries along with strategic investment by leading market players such as PPG Industries Inc., BASF SE in the region to tap potential market in China, India, and South Korea. For instance, in June 2016, BASF SE expanded its local production capacity for waterborne and solvent-borne coating in Thailand to capitalize on growth opportunities in ASEAN market.
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Key companies covered as a part of this study includes PPG Industries Inc., BASF SE, Akzo Nobel N.V., The Valspar Corporation, DowDuPont Inc., The Sherwin-Williams Company, Beckers Group, and Kansai Nerolac Paints Ltd.
Key features of the study:
This report provides in-depth analysis of technical coil coatings and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global technical coil coatings market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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