Global Coil Coatings Market Size Study, by Resin (Polyester, Siliconized Modified Polyesters, Plastisols, Other Resins), by Application, by End-use and Regional Forecasts 2022-2032

Description

The Global Coil Coatings Market, valued at approximately USD 3.44 billion in 2023, is projected to grow at a steady compound annual growth rate (CAGR) of 4.0% during the forecast period from 2024 to 2032. Coil coatings are widely recognized for their protective and aesthetic attributes, making them indispensable in sectors such as construction, transportation, and consumer appliances. These advanced coatings enhance the durability of materials, protect against corrosion, and offer an appealing finish, ensuring their widespread adoption across industries.

The market is primarily driven by rising demand for durable and aesthetically appealing materials in the building and construction industry. The increasing focus on sustainable infrastructure development and energy-efficient building materials further bolsters market growth. Moreover, the transportation sector is leveraging coil coatings for their lightweight and anti-corrosive properties, aligning with industry trends toward efficiency and environmental compliance. However, fluctuations in raw material prices and stringent environmental regulations pose challenges to market expansion. Nevertheless, the adoption of eco-friendly coatings and innovations in material science present lucrative opportunities for market players.

North America and Europe dominate the market due to their well-established industrial bases and significant investments in research and development. In these regions, advancements in coating technologies and stringent regulatory frameworks have driven the demand for high-quality products. Meanwhile, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, propelled by rapid industrialization, urbanization, and rising infrastructure investments in countries like China and India. This regional diversity underscores the critical role of market adaptability and innovation in driving global growth.

Key market participants are focusing on strategic initiatives such as mergers, acquisitions, and partnerships to enhance their competitive positioning. Investment in advanced manufacturing capabilities and the introduction of sustainable product lines have emerged as core strategies for addressing evolving customer demands and regulatory requirements.

Major market players included in this report are:

Akzo Nobel N.V.
PPG Industries, Inc.
Sherwin-Williams Company
Axalta Coating Systems
Nippon Paint Holdings Co., Ltd.
Beckers Group
Kansai Paint Co., Ltd.
BASF SE
Valspar Corporation
Eastman Chemical Company
Henkel AG & Co. KGaA
Wacker Chemie AG
Jotun Group
Dura Coat Products Inc.
DOW Chemical Company

The detailed segments and sub-segments of the market are explained below:

By Resin:

Polyester
Siliconized Modified Polyesters (SMP)
Plastisols
Other Resins

By Application:

Steel
Aluminum

By End-use:

Building & Construction
Transportation
Consumer Appliances

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level insights.
Competitive landscape profiling major players in the market.
Analysis of key business strategies and recommendations for market entry and expansion.
Assessment of demand-side and supply-side market dynamics.

Chapter 1. Global Coil Coatings Market Executive Summary

1.1. Global Coil Coatings Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Resin
- 1.3.2. By Application
- 1.3.3. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Coil Coatings Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Coil Coatings Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand for Durable and Aesthetic Materials in Construction
- 3.1.2. Growth in Transportation Sector Leveraging Lightweight and Anti-Corrosive Properties
- 3.1.3. Advancements in Sustainable and Energy-Efficient Building Materials
3.2. Market Challenges
- 3.2.1. Fluctuations in Raw Material Prices
- 3.2.2. Stringent Environmental Regulations and Compliance Costs
3.3. Market Opportunities
- 3.3.1. Adoption of Eco-Friendly Coatings and Sustainable Practices
- 3.3.2. Innovations in Material Science Enhancing Product Performance
- 3.3.3. Expansion into Emerging Markets with Rapid Industrialization

Chapter 4. Global Coil Coatings Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Coil Coatings Market Size & Forecasts by Resin 2022-2032

5.1. Segment Dashboard
5.2. Global Coil Coatings Market: Resin Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Polyester
- 5.2.2. Siliconized Modified Polyesters (SMP)
- 5.2.3. Plastisols
- 5.2.4. Other Resins

Chapter 6. Global Coil Coatings Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Coil Coatings Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Steel
- 6.2.2. Aluminum

Chapter 7. Global Coil Coatings Market Size & Forecasts by End-use 2022-2032

7.1. Building & Construction Coil Coatings Market
- 7.1.1. Residential Buildings
- 7.1.2. Commercial Buildings
- 7.1.3. Industrial Structures
7.2. Transportation Coil Coatings Market
- 7.2.1. Automotive
- 7.2.2. Marine
- 7.2.3. Aircraft
7.3. Consumer Appliances Coil Coatings Market
- 7.3.1. Home Appliances
- 7.3.2. Commercial Appliances
- 7.3.3. Other Consumer Appliances

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Akzo Nobel N.V.
- 8.1.2. PPG Industries, Inc.
- 8.1.3. Sherwin-Williams Company
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Akzo Nobel N.V.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. PPG Industries, Inc.
- 8.3.3. Sherwin-Williams Company
- 8.3.4. Axalta Coating Systems
- 8.3.5. Nippon Paint Holdings Co., Ltd.
- 8.3.6. Beckers Group
- 8.3.7. Kansai Paint Co., Ltd.
- 8.3.8. BASF SE
- 8.3.9. Valspar Corporation
- 8.3.10. Eastman Chemical Company

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes