Rise in Non-Residential Construction Activities to Fuel Demand for Coil Coatings, Reports Tmr

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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Rise in Non-residential Construction Activities to Fuel

Demand for Coil Coatings, reports TMR

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Coil Coatings Market

REPORT DESCRIPTION

Coil Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Although the global coil coatings market demonstrates a consolidated structure, the degree of competition is

relatively high within the market. In 2014, the top four coil coatings producers, namely, Akzo Nobel N. V, The

Valspar Corp., PPG Industries Inc., and Beckers Group, represented 56% of the market, reports Transparency

Market Research in a new study.

However, the recent acquisition of Valspar Corp. by Sherwin Williams is likely to change the dynamics of the

competitive landscape of this market. Valspar Corp. boasts of a robust global presence, which is expected to

open lucrative sales channels for Sherwin Williams in the highly dynamic emerging countries of Asia Pacific

and the Middle East and Africa. Other leading players are also projected to develop their distribution channels

in order to establish a strong reach across the world.

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Increasing Construction Projects Boost Demand for Coil Coatings

The demand for coil coatings is directly proportional to the growth in the construction industry. Nowadays, the

number of construction projects is reporting a significant increase in economies such as the U.S., Canada,

Mexico, Australia, India, China, Indonesia, Brazil, and Turkey on account of the industrial development and

rapid...