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Metal Coil Lamination Market size achieved USD 4.3 billion in 2023 and will grow at 6.5% CAGR from 2024 to 2032.
Metal coil lamination involves applying a metal or polymer film to a metal coil using adhesives. This process not only enhances the coil's aesthetics but also provides corrosion resistance. The resulting laminates boast superior scratch and abrasion resistance, often featuring a high gloss finish. Key polymer films used in this process include polyvinyl chloride (PVC), polyethylene terephthalate (PET), polyethylene, polypropylene, and polyvinyl fluoride. Utilizing adhesives brings several benefits, such as creating a durable bond and ensuring consistent film thickness and curing conditions.
Report Attribute | Details |
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Base Year: | 2023 |
Metal Coil Lamination Market Size in 2023: | USD 4.3 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 6.5% |
2024 – 2032 Value Projection: | USD 7.6 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | By Polymer Type, By Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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According to data from the U.S. Census Bureau, the metal coil lamination market has seen a steady increase in demand, particularly in the automotive and construction sectors. In 2022, the U.S. construction industry alone contributed approximately USD 1.8 trillion to the economy, highlighting the significant role of laminated metal coils in this sector. The automotive industry also reported a production increase of 3.5% in 2023, further driving the need for high-quality laminated materials. These trends indicate a robust market growth trajectory, with continued advancements in lamination technology expected to meet the evolving needs of these industries.
Metal coil lamination market share will witness significant growth owing to its application to mimic the appearance of materials such as wood, stone, marble, and granite. The properties of laminated structures are dependent upon the polymer film, adhesive and priming ingredients combined to deliver the intended performance. The films are applied to a coil of steel or aluminum on a coil coating line. Laminated metals maintain the durability while adding a protective, decorative laminate film that prevents oxidation and enhance the service life of the appliances.