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Coil Coatings Market Share

Report ID: GMI839
Published Date: Jun 2024
Report Format: PDF

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Coil Coatings Market Share

Coil Coatings Market Company Share, (2023)

Leading coil coatings firms are investing in R&D activities to innovate and improve product formulations besides focusing on eco-friendly and sustainable coatings to comply with environmental regulations. Strategic partnerships and collaborations with end-use industries, such as construction and automotive are helping them expand their market reach. These companies are also increasing their productivity and geographic footprint through mergers, acquisitions, and new manufacturing facilities in emerging markets.

Coil Coatings Market Companies

Major players operating in the coil coatings industry include:

Axalta Coating Systems
Bulk Chemicals Incorporated (BCI)
Beckers Group
Henkel AG & Co. KGaA
Kansai Nerolac Paints Limited
Nippon Paint Holdings Co., Ltd
PPG Industries Inc.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size for coil coatings reached over USD 4.8 billion in 2023 and is anticipated to register 4.3% CAGR between 2024 and 2032, driven by the increasing demand from end-use industries, such as construction, automotive, and appliances.

The polyester segment in the coil coatings segment market is expected to surpass USD 3.7 billion by 2032, due to its exceptional balance of performance, cost-effectiveness, and versatility.

Asia Pacific coil coatings market size will record more than USD 2.5 billion by the end of 2032, attributed to rapid industrialization and urbanization.

Beckers Group, Henkel AG & Co. KGaA, Kansai Nerolac Paints Limited, Nippon Paint Holdings Co., Ltd, and PPG Industries Inc. among others.