Functional Coil Coatings Market by Material Type, Technology, Product Type, and End User - Global Opportunity Analysis and Industry Forecast, 2018-2024

  • ID: 4580501
  • Report
  • Region: Global
  • 268 pages
  • Allied Analytics LLP
1 of 4
The global functional coil coatings market size was valued at $368.5 million in 2017 and is projected to reach $509 million by 2024, registering a CAGR of 4.8% during the forecast period.

Functional coil coating is conducted on metals, such as steel and aluminum. Coats used in functional coil coatings process comprise materials such as acrylic, polyester, PVDF, and epoxy resin for enhancing the aesthetics. Similarly, these coatings provide metals protection against corrosion and other metal weakening processes.

Increase in demand for corrosion resistant products drives the global functional coil coatings market. Owing to the advantages of functional coil coating process the demand for pre-coated metal is on an increase in the automotive, home appliances, and furniture industries. Steel and aluminum surface coating increases its durability, and provides additional protection against the corrosion, which has increased demand for functional coil coated steel and aluminum parts & sheets in the construction industry. However high cost of the process equipment and consumers propensity toward using the product which does not comprise steel and aluminum restricts the global functional coil coatings market growth. On the other hand, recycling of the coating waste and increasing use of organic coating materials is anticipated to provide the future market growth opportunity.

The global functional coil coatings market is segmented based on Material Type, technology, product type, end user, and region. By Material Type, it is classified into polyester, epoxy, PVC/vinyl, plastisol, PVDF, acrylic, and polyurethane. The primer segment accounted for the maximum share in 2017 because primers are formulated to stick to surfaces and to create a binding layer, which binds to paint or topcoats. Further, primers are essential for avoiding material corrosion as well as paint or coating degradation. Based on technology, the global functional coil coatings market is classified into liquid coating and powder coating. By product type, the global functional coil coatings market is classified into topcoat, primer, and backing coat. In terms of end user, it is divided into construction, appliance, automobile, and others. Based on region, the functional coil coatings industry is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global functional coil coatings market include KCC paints SDN BHD, KelCoatings Limited, Daikin industries, Ltd., Henkel AG & Co. KGaA, NIPSEA group, BASF SE, Valspar Corporation, Axalta Coating Systems (Axalta), Akzo Nobel N.V., and PPG Industries.

KEY BENEFITS FOR STAKEHOLDERS

This report provides an extensive analysis of the current trends and emerging estimations in the global functional coil coatings market.
In-depth analysis is conducted through market estimations of key segments from 2017 to 2024.
Comprehensive analysis of factors that drive and restrain the growth is provided in the report.
Extensive analysis of the global functional coil coatings industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
The key players are profiled along with their strategies to determine the competitive outlook of the global functional coil coatings market.

KEY MARKET SEGMENTS:

Material Type

Polyester
Epoxy
PVC/Vinyl
Plastisol
Acrylic
Polyurethane
PVDF

By Product Type

Topcoat
Primer
Backing Coat

By Technology

Liquid Coating
Powder Coating

By End User

Construction
Appliance
Automobile
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
READ MORE
Note: Product cover images may vary from those shown
2 of 4
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1 CXO perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter's five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Intensity of competitive rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rapid growth of construction and automotive industry
3.4.1.2. Fluctuations in Furniture and home appliance industry
3.4.2. Restraints
3.4.2.1. High cost of the processes
3.4.2.2. Consumers preference for low price products
3.4.3. Opportunities
3.4.3.1. Recycling coating tools and use of Organic material
3.4.3.2. Use of Organic coatings
3.5. Top player positioning

CHAPTER 4: FUNCTIONAL COIL COATING MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Topcoats
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country
4.3. Primers
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country
4.4. Backing Coats
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country

CHAPTER 5: FUNCTIONAL COIL COATING MARKET, BY TECHNOLOGY
5.1. Overview
5.1.1. Market size and forecast
5.2. Liquid Coating
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis, by country
5.3. Powder Coating
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis, by country

CHAPTER 6: FUNCTIONAL COIL COATING MARKET, BY END-USE
6.1. Overview
6.1.1. Market size and forecast
6.2. Construction
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.2.3. Market analysis, by country
6.3. Appliances
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.3.3. Market analysis, by country
6.4. Automobile Industry
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast
6.4.3. Market analysis, by country
6.5. Others
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast
6.5.3. Market analysis, by country

CHAPTER 7: FUNCTIONAL COIL COATING MARKET, BY MATERIAL TYPE
7.1. Overview
7.1.1. Market size and forecast
7.2. Acrylic
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast
7.2.3. Market analysis, by country
7.3. Epoxy Resins
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast
7.3.3. Market analysis, by country
7.4. Polyester
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast
7.4.3. Market analysis, by country
7.5. Polyvinylidene fluoride
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast
7.5.3. Market analysis, by country
7.6. PVC/Vinyl
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast
7.6.3. Market analysis, by country
7.7. Plastisol
7.7.1. Key market trends, growth factors, and opportunities
7.7.2. Market size and forecast
7.7.3. Market analysis, by country
7.8. Polyurethane
7.8.1. Key market trends, growth factors, and opportunities
7.8.2. Market size and forecast
7.8.3. Market analysis, by country

CHAPTER 8: FUNCTIONAL COIL COATING MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast
8.2. North America
8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by product type
8.2.3. Market size and forecast, by technology
8.2.4. Market size and forecast, by end-use
8.2.5. Market size and forecast, by material type
8.2.6. Market size and forecast, by country
8.2.7. U.S.
8.2.7.1. Market size and forecast, by product type
8.2.7.2. Market size and forecast, by Technology
8.2.7.3. Market size and forecast, by end-use
8.2.7.4. Market size and forecast, by material type
8.2.8. Canada
8.2.8.1. Market size and forecast, by product type
8.2.8.2. Market size and forecast, by Technology
8.2.8.3. Market size and forecast, by end-use
8.2.8.4. Market size and forecast, by material type
8.2.9. Mexico
8.2.9.1. Market size and forecast, by product type
8.2.9.2. Market size and forecast, by Technology
8.2.9.3. Market size and forecast, by end-use
8.2.9.4. Market size and forecast, by material type
8.3. Europe
8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by product type
8.3.3. Market size and forecast, by Technology
8.3.4. Market size and forecast, by end-use
8.3.5. Market size and forecast, by Material type
8.3.6. Market size and forecast, by country
8.3.7. Germany
8.3.7.1. Market size and forecast, by product type
8.3.7.2. Market size and forecast, by Technology
8.3.7.3. Market size and forecast, by end-use
8.3.7.4. Market size and forecast, by material type
8.3.8. FRANCE
8.3.8.1. Market size and forecast, by product type
8.3.8.2. Market size and forecast, by Technology
8.3.8.3. Market size and forecast, by end-use
8.3.8.4. Market size and forecast, by material type
8.3.9. SPAIN
8.3.9.1. Market size and forecast, by product type
8.3.9.2. Market size and forecast, by Technology
8.3.9.3. Market size and forecast, by end-use
8.3.9.4. Market size and forecast, by material type
8.3.10. Italy
8.3.10.1. Market size and forecast, by product type
8.3.10.2. Market size and forecast, by Technology
8.3.10.3. Market size and forecast, by end-use
8.3.10.4. Market size and forecast, by material type
8.3.11. UK
8.3.11.1. Market size and forecast, by product type
8.3.11.2. Market size and forecast, by Technology
8.3.11.3. Market size and forecast, by end-use
8.3.11.4. Market size and forecast, by material type
8.3.12. Rest of Europe
8.3.12.1. Market size and forecast, by product type
8.3.12.2. Market size and forecast, by Technology
8.3.12.3. Market size and forecast, by end-use
8.3.12.4. Market size and forecast, by material type
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by Product type
8.4.3. Market size and forecast, by Technology
8.4.4. Market size and forecast, by end-use
8.4.5. Market size and forecast, by Material type
8.4.6. Market size and forecast, by country
8.4.7. CHINA
8.4.7.1. Market size and forecast, by product type
8.4.7.2. Market size and forecast, by Technology
8.4.7.3. Market size and forecast, by end-use
8.4.7.4. Market size and forecast, by material type
8.4.8. Japan
8.4.8.1. Market size and forecast, by product type
8.4.8.2. Market size and forecast, by Technology
8.4.8.3. Market size and forecast, by end-use
8.4.8.4. Market size and forecast, by material type
8.4.9. India
8.4.9.1. Market size and forecast, by product type
8.4.9.2. Market size and forecast, by Technology
8.4.9.3. Market size and forecast, by end-use
8.4.9.4. Market size and forecast, by material type
8.4.10. AUSTRALIA
8.4.10.1. Market size and forecast, by product type
8.4.10.2. Market size and forecast, by Technology
8.4.10.3. Market size and forecast, by end-use
8.4.10.4. Market size and forecast, by material type
8.4.11. Rest of Asia-Pacific
8.4.11.1. Market size and forecast, by product type
8.4.11.2. Market size and forecast, by Technology
8.4.11.3. Market size and forecast, by end-use
8.4.11.4. Market size and forecast, by material type
8.5. LAMEA
8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by product type
8.5.3. Market size and forecast, by Technology
8.5.4. Market size and forecast, by end-use
8.5.5. Market size and forecast, by Material type
8.5.6. Market size and forecast, by country
8.5.7. Brazil
8.5.7.1. Market size and forecast, by product type
8.5.7.2. Market size and forecast, by Technology
8.5.7.3. Market size and forecast, by end-use
8.5.7.4. Market size and forecast, by material type
8.5.8. South Africa
8.5.8.1. Market size and forecast, by product type
8.5.8.2. Market size and forecast, by Technology
8.5.8.3. Market size and forecast, by end-use
8.5.8.4. Market size and forecast, by material type
8.5.9. Saudi Arabia
8.5.9.1. Market size and forecast, by product type
8.5.9.2. Market size and forecast, by Technology
8.5.9.3. Market size and forecast, by end-use
8.5.9.4. Market size and forecast, by material type
8.5.10. Rest of LAMEA
8.5.10.1. Market size and forecast, by product type
8.5.10.2. Market size and forecast, by Technology
8.5.10.3. Market size and forecast, by end-use
8.5.10.4. Market size and forecast, by material type

CHAPTER 9: COMPANY PROFILES
9.1. KCC paints SDN BHD
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product portfolio
9.1.5. Business performance
9.2. KelCoatings Limited
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.3. Daikin industries, Ltd.
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.4. Henkel AG & Co. KGaA
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.5. NIPSEA Group
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Product portfolio
9.5.5. Business performance
9.6. BASF SE
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Product portfolio
9.6.5. Business performance
9.7. Valspar Corporation
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.7.5. Business performance
9.8. Axalta Coating Systems (Axalta)
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance
9.9. Akzo Nobel N.V.
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance
9.10. PPG Industries
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Product portfolio
9.10.5. Business performance
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
The researcher has published a new report on Functional Coil Coatings Market, the global market size was valued at $368.5 million in 2017 and is likely to reach at $509 million by 2024 at a CAGR of 4.8%.

Increase in application of textured metals in furniture and construction industry is one of the key factors driving the growth of functional coil coatings market. The demand for functional coil coated metal among furniture manufacturers has drastically increased owing to increasing purchasing power parity of consumers.

In addition to, consumers changing demand for designs and aesthetics of home appliances has increased the use of pre-coated metal in home appliances industry which is further spurring the global functional coil coatings industry. Use of organic ingredients and recycling of the waste and coating tools is expected to drive the functional coil coatings market growth in the near future.

The global functional coil coatings market based on technology is bifurcated into liquid coatings and powder coating. The liquid coating method is a traditional method of coating. On the other hand, powder coating is an emerging coating method, which is gaining popularity owing to its minimal waste output and easy application methods.
Advancements in coil coating technology such as use of organic materials and recycling the coating tools are fueling the growth of the functional coil coatings market. These technologies facilitate consumers to apply the coatings in desired texture and quantity. In addition, they provide wider opportunity for pigment customization.

The global functional coil coatings market has witnessed a significant growth in end-user industries. Functional coil coated metals are widely applicable in these industries, owing to the elimination of the cost required for setting up coating plant and quick availability of the pre-coated metals. Moreover, upsurge in demand for texturization of pre-coated metal boosts the growth of the functional coil coatings market.

Key findings of the Functional Coil Coatings Market:

Asia-Pacific and LAMEA segments in the backing coats functional coil coatings market are expected to witness significant growth rates at a CAGR of 6.1% and 5.0%, respectively, during the forecast period.
The powder coating functional coil coating market is projected to reach $177.9 million by 2024.
Europe functional coil coatings market accounted for around 28% of share in 2017.
The UK functional coil coating market was valued at $8.2 million in 2017, and is projected to register a CAGR of 3.8% from 2018 to 2024.

Some of the key players in the functional coil coatings market include KCC paints SDN BHD, KelCoatings Limited, Daikin industries, Ltd., Henkel AG & Co. KGaA, NIPSEA group, BASF SE, Valspar Corporation, Axalta Coating Systems (Axalta), Akzo Nobel N.V., and PPG Industries.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll