Global Functional Coil Coating Market, By Material (Acrylic, Epoxy Resins, Plastisol, Polyvinylidene Fluoride, Polyester, Polyurethane, PVC or Vinyl), Product Type (Topcoats, Primers, Backing Coats, Others), Application (Steel Coating, Aluminium Coating), Technology (Liquid Coating, Power Coating), End User (Construction, Appliances, Automobile Industry, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Functional Coil Coating Market
The functional coil coating market is expected to be growing at a growth rate of 7.15% in the forecast period of 2021 to 2028. The functional coil coating market report analyses the growth, which is currently being growing due to the increase in the disposable income of the consumers.
Functional coil coatings are a technique of applying an organic coating material on the rolled metal sheets like the stainless steel, steel, and aluminium before it is flexed, reshaped, or deep-drawn. Functional coil coatings are generally powder or liquid based materials applied to pre-treated substrate to avoid corrosion. A conventional functional coating procedure includes cleaning of the substrate, drying, application of primer coating and top coating, and the foil lamination.
Major factors expected to boost the growth of the functional coil coating market in the forecast period are the rise in the demand for functional coil coatings from electrical and electronic, construction, and automotive industries and so forth, rise in the increase in the disposable income of customers and the enhancement in the standard of living. Furthermore, the utilization of the metals which augments the design and aesthetics of home appliances and allows manufacturers for texture customization are one of the factors anticipated to propel the growth of the functional coil coating market in the timeline period.
However, the increase in the cost of the procedures included in the manufacturing of functional coil coatings and the rise in the cost of the pre-coated metal are some of the other factors estimated to most likely impede the growth of the functional coil coating market in the coming years. Additionally, the utilization of the recyclable coating tools which is anticipated to lessen the expenditures on the procurement and the installation of new tools will further offer potential opportunities for the growth of the functional coil coating market in the near future.
This functional coil coating market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the functional coil coating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Adhesive Resin Market Scope and Market Size
The functional coil coating market is segmented on the basis of material, product type, application, technology and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the material, the functional coil coating market is segmented into acrylic, epoxy resins, plastisol, polyvinylidene fluoride, polyester, polyurethane, PVC or vinyl.
- Based on the product type, the functional coil coating market is segmented into topcoats, primers, backing coats, others.
- Based on the application, the functional coil coating market is segmented into steel coating, aluminium coating.
- Based on the technology, the functional coil coating market is segmented into liquid coating, power coating
- Based on the end user, the functional coil coating market is segmented into construction, appliances, automobile industry, and others.
Adhesive Resin Market Country Level Analysis
The functional coil coating market is analysed and market size, volume information is provided by country, material, product type, application, technology and end user as referenced above.
The countries covered in the functional coil coating market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific is projected to observe significant amount of growth in the functional coil coating market because of the increase in utilization of the functional coil coatings in the construction and automotive industries. Furthermore, the surge in the expenses power of the customers and the enhancement in the standard of living which will further boost the growth of the functional coil coating market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Adhesive Resin Market Share Analysis
The functional coil coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to functional coil coating market.
The major players covered in the functional coil coating market report are AXALTA, Akzo Nobel N.V., PPG Industries, Inc., Valspar, The Chemours Company., Henkel Adhesives Technologies India Private Limited, Kansai Paint Co.,Ltd., Eastman Chemical Company, NOROO Coil Coatings Co., Ltd., Becker Group, Dura Coat Products, Inc., ITALCOAT S.r.l., Jotun, Titan Coatings, Inc., Chemetall GmbH, Replasa, ARCEO Engineering., Parker Hannifin Corp, Salchi Metalcoat S.r.l, Kömmerling Chemische Fabrik GmbH., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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