Zion Market Research Coated Steel Market, 2016–2024 | Page 3

Coated Steel Market
Global Coated Steel Market: Segmentation
The global coated steel market is segmented based on its resin type, application, and region. Based on the resin type, the global market is categorized as Polyester, siliconized polyester, fluoropolymer, plastisol, and others. Of which, the polyester segment is the largest type segment in the global market. On the basis of application, the global coated steel market is diversified as appliances, building & construction, automotive, and others. Geographically, the global market is segmented as Asia Pacific, North America, Europe, and rest of the World( RoW).
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Global Coated Steel Market: Regional Analysis
Owing to high domestic demand and low cost of production, China and India are major are the producers of refrigerators. Hence, increasing demand from these end-use industries is, in turn, boosting the global coated steel market. Furthermore, Asia Pacific is anticipated to be one of the largest markets for coated steel as far as volume and value are concerned. This trend is followed by North America and Europe. India, China, Russia, South Korea, and the U. S., and the Middle Eastern countries are some of the key markets for coated steel, mainly owing to growing demand on the domestic front, rising income levels, and easy availability of resources. Asia Pacific has also emerged as the major coated steel market player globally.