Metal Coatings Market Size, Share & Industry Analysis, By Resin Type (Polyester, Plastisol, Siliconized Polyster, Fluoropolymer, Polyurethane, Others), By Process (Coil Coating, Extrusion Coating, Hot-Dip Galvanizing), By End-Use Industry (Building & Construction, Automotive & Transportation, Consumer Goods & Appliances, Marine and Protective Coatings, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105388 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Metal coatings are the coatings, which are applied over metals for protecting them from corrosion and reduce wear and tear. The process such as coil coating, extrusion coating, and hot-dip galvanizing is mainly used in metal coatings. In these methods, the metal is processed as the entire surface is washed and given closely bonded finishes before the fabrication of metal into final products. The resins such as polyester, plastisol, siliconized polyester, fluoropolymer, and polyurethane are mainly used in metal coating. Additionally, the metal coating offers durability, smoothness, cost-effective, and eco-friendly properties. These benefits surge the product demand in the building & construction, automotive & transportation, consumer goods & appliances, marine, and protective coatings.

The metal coating market is growing at a rapid pace owing to increasing its demand from the construction and automotive industries. The properties such as improved texture, corrosion or oxidation resistance, high adhesion, optical, and wear resistance makes metals coatings a sustainable choice. In the construction industry, the product is adopted in the windows and doors applications. Whereas, in the automotive industry, product consumption can be seen in various automotive parts. The rapid infrastructure development in various countries coupled with rapid growth in the automotive industry will contribute to fuel market growth.

However, fluctuation in the prices of metal coatings impacts the overall demand and restricts its adoption in various applications. Hence, this is anticipated to hamper the market growth.

Key Market Driver -

The rising demand of metal coatings from automotive and construction industries will drive the market growth.

Key Market Restraint -

Fluctuation in the prices to hamper the market growth

Market Segmentation:

Based on resin type, the metal coatings market is segmented into polyester, plastisol, siliconized polyster, fluoropolymer, polyurethane, and others. Based on process, the market is segmented into coil coating, extrusion coating, hot-dip galvanizing. Based on end-use industry, the market is segmented into building & construction, automotive & transportation, consumer goods & appliances, marine and protective coatings, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the metal coatings market include E.I. du Pont de Nemours and Company, PPG Industries, Axalta Coating Systems., AkzoNobel N.V., Nippon Paint Holdings Co., Ltd., Henkel AG & Co., KGaA, The Sherwin-Williams Company, The Valspar Corporation, BASF SE, Kansai Paint Co., Ltd., Wacker Chemie AG, and The Becker Group, Ltd.

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenarios

Porters Five Forces Analysis

Regional Analysis:

Asia Pacific is anticipated to witness the highest growth in the metal coatings market. The growth is attributed to the rising product demand in the construction industry. Further, the rising urbanization coupled with infrastructure development in countries such as China, India, and Japan will fuel the market growth in this region. In North America, the growth is due to increasing plastisol demand as a metal coating in the marine & protective coatings application. In Europe, the growth is due to, increasing use of the product in the automotive industry. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the polyurethane-based metal coting in the consumer good & appliances.

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Segmentation

ATTRIBUTES	DETAILS
By Resin Type	Polyester Plastisol Siliconized Polyster Fluoropolymer Polyurethane Others
By Process	Coil Coating Extrusion Coating Hot-Dip Galvanizing
By End-Use Industry	Building & Construction Automotive & Transportation Consumer Goods & Appliances Marine and Protective Coatings Others
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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