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Transparency Market
Research
Coil Coatings Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
17-Dec-2015
184 Page Report
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Press Release
Global Coil Coatings Market: Rising Non-residential
Construction Favors Coil Coating Consumption, Says TMR
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Coil Coatings Market
REPORT DESCRIPTION
Coil Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The global coil coatings market is largely fragmented in nature, with globally prominent players holding small
shares compared to the larger share collectively held by the regional players. In 2014, The Valspar
Corporation, Akzo Nobel, N.V., Beckers Group, and PPG Industries, Inc., together took up about 56% of the
market. According to a research report released by Transparency Market Research, a lot of the key players in
the global coil coatings market hold prominent market positions in multiple regions. At the same time,
companies such as Nippon Paints Co. Ltd. hold large production volumes but are concentrated to one region,
while looking for expansion opportunities.
The global coil coatings market is expected to expand at a CAGR of 4.6% within a forecast period from 2015 to
2023, with respect to its volume. The market’s production volume is expected to touch 1,384.4 kilo tons by the
end of 2023. In terms of revenue, the global coil coatings market is expected to reach US$6.27 bn by the end
of 2023.
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Polyester to Continue Being Preferred as Top Coil Coating
The demand for polyester in the global coil coatings market is expected to hit 888.2 kilo tons in 2023. Polyester
is highly favored as a coil coating and will...