Market Research Report Store Metal Coatings Market Estimated to reach USD 14.34
"Metal Coatings Market Estimated to reach USD 14.34 billion by 2026, at a CAGR of 6.1% from
2016 to 2026" published in June 2017. It is a professional and in-depth study.
Summary
Market Research Report Store announces a new report"Metal Coatings Market"added to its
database.The global metal coatings market is estimated to reach USD 14.34 billion by 2026, at a
CAGR of 6.1% from 2016 to 2026 The market growth of metal coatings is attributed to the high
performance of coatings available at reasonable rates, as well as the increased acceptance from various
application segments, high growth in its end-use industries, and the increasing demand from the
emerging countries. Metal coatings are largely used in the building & construction, automotive &
transportation, consumer goods & appliances, marine & protective coatings, and other industries.
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“Polyester resin is growing at highest rate among all the types ”
Polyester resin based metal coatings have uniform properties, such as good bendability, hardness, gloss,
and resistance to UV, chemicals, scratching, and light. Polyester resin based metal coatings are
technologically classified into two types, aromatic polyester and cycloaliphatic polyester. Aromatic
polyester metal coatings are widely used and are less expensive; whereas aliphatic polyester coil
coatings are durable and highly UV-resistant, but expensive. Strong demand for polyester resins is
observed for specific interior as well as exterior applications in the building & construction industry.
“Rising demand in Asia-Pacific is the major driver of the metal coatings resin for adhesives &
sealants application“
In 2015, the Asia-Pacific region accounted for the largest market share, in terms of volume and value.
This is due to the increasing demand for quality metal coatings products, rising population in the region,
and growing innovation & developments in end-use industries, making it a strong industry hub. The
high demand in the Asia-Pacific region is expected to be the major driver in the Asia-Pacific market.
Breakup of primary interviews:
• By Company Type – Tier 1 – 58%, Tier 2 – 33%, and Others – 9%
• By Designation – C level – 50%, D level – 33%, and Others – 17%
• By Region – North America – 33%, Europe – 30%, Asia-Pacific – 14%, Middle East-14%,
South America-7% and Africa-2%