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Global Coil Coatings Market (2016-2024)- Research Nester
Release Date: 8/11/2017
Coil coating refers to the process of coating of coils of metal. These coats are available in various ranges of colors and finishes. Coil coating system consists of top coat, back coat and primer. This coating system is substituting the traditional process of manufacturing of metal coils. Coil coating system is widely adopted by industries owing to the various factors such as higher productivity and low impact on environment.

Market Size and Forecast

Global coil coating market is expected to grow at a steady compound annual growth rate of 5.5% over the forecast period. Further, the market is expected to reach at a valuation of about USD 7.2 Billion by the end of 2024 from USD 5.1 Billion in 2016. Rising penetration of coil coatings in various industries such as construction, automotive and other industries is driving the growth of the global coil coating market across the globe.
In the terms of region, Asia-Pacific accounted for highest percentage of market share, with 51.2% in overall coil coating market in 2016. Asia-Pacific region is witnessing rapid pace in urbanization and increasing construction activities in growing economies.

For Sample Pages please go through link below: http://www.researchnester.com/sample-request/2/rep-id-389

North America is expected to grow at a significant CAGR over the forecast period. Increasing spending on non-residential construction activities has been witnessed in recent years. Growth of construction sector is expected to augment the demand for coated coils which further, is anticipated to propel the growth of coil coating market. U.S. is anticipated to be the major country witnessing the augmented demand for coated coils. However, Canada coil coating market is anticipated to grow at a higher CAGR of 5.9% than U.S.

Market Segmentation

Our in-depth analysis segmented the global coil coating market in the following segments:
By Product Type
Siliconized Polyester
By Application
By End-User
Building & Construction

To know more about this research, kindly visit: http://www.researchnester.com/reports/coil-coatings-market-global-demand-analysis-opportunity-outlook-2024/389

For Table of Content & Free Sample Report Contact:
Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. 1 646 586 9123
U.K. 44 203 608 5919
Web: www.researchnester.com

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