Zion Market Research Coated Steel Market, 2016–2024 | Page 2

Coated Steel Market
Global Coated Steel Market : Overview
Coated steel is widely used in various industries including automotive , appliances , building & construction , and others . Of which , the building & construction industry makes use of coated steel in high amounts and has the highest demand for coated steel as compared to others .
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Global Coated Steel Market : Growth Factors
Coated steel is witnessing high demand from end-use industries , mainly building and construction industry . This high demand is anticipated to boost the global market in the near future . In addition , polyester resin — a type of coated steel — is highly preferred in the industries owing to its property of strongly getting repressed by oxygen , which leaves the surface of the steel coated with polyester sticky and soft . Owing to all these properties , the polyester resin is witnessing high demand , which in turn boosts the global coated steel market . Furthermore , high demand from end-use industries is also propelling the global coated steel market . Moreover , growing potential of people to spend on up gradation of roofing , kitchens , and on basic household improvements in which steel-coated products are used is further fostering the global market growth .