Coil Coatings Market Size, Industry Share, and Analysis, By Resin Type (Polyester, Polyurethane (PU), Polyvinylidene Difluorides (PVDF), Plastisols, and Others), By End User Industry (Building and Construction, Appliances, Automotive, and Others), and Regional Forecast, 2024-2032

Coil coating is a process in which coating material is applied on rolling metal strips in a repeated manner. Coil coating is an efficient way to manufacture uniform, high-quality, coated finish over metal. This process includes the chemical cleaning of metal surfaces. The coil coating process consists of cleaning, conversion treatment, drying, primer coating, and top coating. Aluminum and Steel are most commonly used metals in the coil coating process. The increasing demand from building and construction industry that utilizes protective coatings in various applications is driving the coil coatings market.

Due to many motivating factors, the coil coatings market has a positive growth trend. An important factor is the growing demand for durable and environmentally friendly coatings. As environmental awareness grows about the harmful effects of conventional coatings, more industries are switching to environment-friendly coatings. Another important market factor is the growing popularity of coil coatings over traditional coatings due to their superior durability, improved performance and cost-effectiveness. In addition, technological advances have led to innovative and efficient coil coatings, making them popular as compared to conventional coatings. Thus the movement towards sustainability has significantly influenced the growth of the coil coatings market.

Coil coatings offer excellent corrosion resistance and increase product strength. However, the fluctuating raw material cost is one of the most prominent factor hindering the market. Also, stringent government regulations related to paints & coatings impacting the coil coatings industry growth. Market key players are strengthening their positions by acquiring smaller regional market participants.

Key Insights

The report will include the following key insights:

• Key Emerging Trends – For Major Regions


• Key Developments: Mergers, Acquisitions, Partnerships, and Others


• Latest Technological Advancement


• Regulatory Landscape


• Porters Five Forces Analysis


• Impact of COVID-19 on the Market

Analysis by Resin Type

According to resin type, the coil coating market is bifurcated into Polyester, Polyurethane (PU), Polyvinylidene Difluorides (PVDF), Plastisols, and others. Among these types, the Polyester segment holds a considerable share of the coil coating market. Polyester is among the mostly used materials in the paints & coatings industry, it has an excellent corrosion and weather resistance properties to the coated material in all conditions driving the market for this segment. Polyvinylidene Diflourides (PVDF) coatings increasingly used in exteriors and interiors of buildings. It is resistant to harsh weather, excellent formability, and has strong chemical resistance, which boost the coil coatings market for PVDF.

Analysis by End-Use Industry

By end-use industry, the coil coatings market is segmented into building and construction, appliances, automotive, and others. The building and construction sector holds the significant share of the global market. The market is expected to expand because of an increase in residential and commercial buildings construction in both developing and emerging countries. Coil coatings are mostly used for steel doors, aluminum panels, and roofing which is boosting the coil coatings market for building and construction. Also, these coil coatings are used in body panels, doors and other components in the automotive sector. Increasing demand for passenger cars and commercial vehicles to positively impact the coil coatings market.

Regional Coil Coatings Market Analysis

By region, the coil coatings market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to grow at a faster pace due to the rapid growth of urbanization and industrialization. China and India are the largest construction market in the region, coil coatings are widely utilized in ceiling grids, doors, windows and other construction applications. The increasing demand for new & renovated residential construction will drive the market growth of coil coatings in the Asia Pacific.

North America and Europe account for a sizable portion of the market. The high development and manufacturing of automotive is the principal motivation to drive the market in these regions. Furthermore, growing demand for consumer appliances such as laundry, refrigeration and dishwashers is driving the coil coating market growth in these regions. Another factor for the region's large share is the presence of major regional players. The market in the Middle East & Africa region is expected to grow slowly during the forecast period.

Key Players Covered

• AkzoNobel N.V.


• BASF SE


• DuPont


• Henkel AG


• Kansai Paint Chemical Limited


• PPG Industries


• Axalta Coatings System LLC


• Dura Coat Products


• Sherwin Williams

Segmentation Analysis

Key Industry Developments

• In March 2023, PPG Industries announced to launch PPG ENVIROCRON Primeron primer powder which provides corrosion resistance for metals.


• In December 2022, AkzoNobel announced to acquire Lankwitzer Lackfabrik's aluminum wheel liquid coatings business.


• In May 2019, Henkel announced to launch its first LOCTITE equipment center in India, which includes functional coatings, dispensing solutions, and automation technologies.