MRO Magazine

Research and Markets: Global Coil Coatings Market 2015-2019


June 24, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/nwwt58/global_coil) has announced the addition of the “Global Coil Coatings Market 2015-2019” report to their offering.

The global coil coatings market to grow at a CAGR of 6.51% over the period 2014-2019

Coil coating, also known as “prepainted metal coating,” is an automated process for coating metal surfaces before fabrication. Coil coatings are eco-friendly processes as there is a minimal emission of volatile organic compounds (VOC’s), lesser energy consumption, and limited generation of waste materials. Moreover, coil coatings are more corrosion resistant and possess long-term aesthetic properties compared to post-painted metals.

Coil coatings are now being used in applications that require smog protection and antimicrobial properties. This will open up growth opportunities in the market in the future. Antimicrobial coatings are used in commercial buildings such as restaurants, hospitals, hotels, schools, and others. Antimicrobial coatings that contain metal pigments improve heat exchange in HVAC applications and are finding increased acceptance in the consumer appliance industry. Rapid growth in the infrastructure and consumer appliance industries will lead to high demand for these coatings in the next five years.

According to the report, in a highly competitive business environment, reducing the price of a product is the best solution for vendors to increase profit margins. In the transportation industry, the use of coil coatings will result in considerable cost savings. For example, during the process of coil coating there is zero waste of primers and very little need for spray-painting operations. This will reduce the cost of production and lower environmental compliance costs. The use of prepainted steel with polyester and acrylic coatings in applications such as trailer van panels saves labor costs and produces highly durable products that can withstand constant exposure to dirt and inclement weather for many years.

Further, the report states that low demand for prepainted metals, which are heavy, expensive, and not easily recyclable, affecting the growth of the coil coatings market.

The global coil coatings market can be segmented into five:

  • Infrastructure
  • Consumer appliances
  • Transportation
  • Furniture
  • Others

Key Vendors

  • Akzo Nobel
  • BASF
  • Beckers
  • PPG Industries
  • Valspar

Other Prominent Vendors

  • Alumax Industrial
  • DuPont
  • Henkel
  • JK Surface Coatings
  • Kansai Paint Chemical
  • Ralco Steel
  • Wacker Chemie

Market Drivers/Trends/Challenges

  • Economic benefits
  • Plastic panels replacing metals in major end-user industries
  • New applications

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Macroeconomic Factors Affecting Market
  7. Global Coil Coatings Market
  8. Market Segmentation by End Use
  9. Market Segmentation by Resin
  10. Geographical Segmentation
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and Their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and Their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/nwwt58/global_coil

Research and Markets
Laura Wood, Senior Manager
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