Coil Coatings Market Growth, Trends, and Forecast 2015 - 2023 Coil Coatings Market - Global Industry Analysis, S | Page 2

Increasing demand for coil coatings in key end-user industries such as construction,
especially non-residential construction, is projected to fuel the global coil coatings
market. Swift growth in global population, especially in developing countries, is
anticipated to boost the construction, automotive, and appliances markets in these
countries. This, in turn, is projected to propel the demand for coil coatings. Rapid
pace of industrial development and rising prosperity of the population in developing
countries is a stimulant for growth of sales of products such as furniture, appliances,
automotive, and houses. Coil coatings used in the manufacture of these products in
order to impart longevity through weather resistance, corrosion resistance, and
aesthetic appeal. However, demand for coil coatings in Europe is likely to decline
from previous levels owing to severe debt crisis in the region. Market players are
shifting their focus from the once dominant Europe market to Asia and other fast
growing regions. Middle East & Africa is projected to offer opportunities for market
growth primarily owing to growth in construction and appliances industries in the
region.
Value chain analysis and Porter’s Five Forces Model have been included in the report
to provide a comprehensive view of the market. These would also help understand
specifics of the industry structure apart from providing an overview of the degree of
competitiveness. The report also comprises detailed profiles of key players such as
Akzo Nobel N.V., The Valspar Corporation, Beckers Group, Nippon Paints Co. Ltd.,
BASF SE, The Dow Chemical Company, Henkel AG & Co. KGaA, Dura Coat Products,
Inc., Bulk Chemicals Incorporated, Axalta Coating Systems LLC, and PPG Industries,
Inc. Detailed description of players includes parameters such as company overview,
financial overview, business strategies, upcoming facilities, capacity addition,
mergers, acquisitions, joint ventures, new products, and recent developments.
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The report segments the global coil coatings market as follows:
Coil Coatings Market – Product Segment Analysis
Polyester
Silicone Modified Polyester
Polyvinylidene Fluoride (PVDF)
Polyurethane (PU)