Global Coil Coatings Market: Rising Non-Residential Construction Favors Coil Coating Consumption, Says Tmr

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Coil Coatings Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2023

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17-Dec-2015

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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...