Can and Coil Coatings Market

Can and coil coating is an automated process for coating metal before assembling into end products. It works on a simple principle i.e, pre-treat, clean, and coat flat sheets or coils of sheets or aluminium in continuous operation before the other stages of industrial manufacturing. The coil coating system comprises of back coat, top-coat, and primer that is available in broad range of colors and finishes, which could be applied to aluminium and steel coils with the help of rolls. Coil coating system is adopted across multiple industries as it provides higher productivity and lower impact on environment.

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Rigorous government regulations, growing demand among the downstream industries, and the rising growth in automotive, construction, and appliance industries are some of the key factors accelerating the growth of the Global Can and Coil market. It has been observed that production of vehicles is increasing rapidly, leading to higher demand for can and coil coating. Moreover, building & construction industry is widely adopting can and coil coating due to increasing number of building codes which promote energy-efficient structures. The can and coil coating materials provide functionality, durability, enhances performance, and saves energy in long run, which helps to ease building interior temperature. Therefore, such continuous benefits of the technology are increasing the demand for can and coil coating, which is further driving the growth of market in multiple industries. Coil coating metal sheets provide architects with large number of design possibilities while allowing them to use multiple colors, effects, shapes, and textures. Moreover, a steady stream of newly developed coating including heat reflecting, self-cleaning, heat absorbing, and others are enhancing product quality which is catalyzing the growth of the market. On contrary, the high cost of processes involved in manufacturing of functional coil coating might hinder the growth of the market.

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Based on resin, the market is segmented into polyester, fluoropolymer, siliconized polyester, plastisol, and others. Among these, the polyester segment is projected to grow at a higher CAGR over the forecast period. The factors driving the growth of the segment include its tremendous resistance property in all weather conditions and corrosion and its highly cost-effective.

On the basis of application, the market is segmented into steel and aluminium. Among these, the steel segment is projected to grow at a higher CAGR during the forecast period. This is attributed to the high adoption of coil coating in home appliances such as ovens, dishwashers, microwaves, and other appliances. The can and coil coating process reduce time, cost, and energy consumption, which increases its application in steel appliances, thereby further catalyzing the growth of the segment.

Based on industry, the market is segmented into building & construction, automotive, appliance, and others. Among these, the building & construction industry is expected to grow at a higher CAGR during the forecast period owing to the rapid industrialization, urbanization, and increasing government spending in the construction industry. Moreover, can and coil coating is used in roofs, wall panels, and provides visual appeal in residential and commercial buildings. Rising investment of government to enhance public infrastructure is further propelling the demand of can and coil coating in building & construction industry.

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On the basis of region, Asia-Pacific is expected to grow at a CAGR during the forecast period owing to the existence of large number of manufacturers and significant end user industry in the region. Moreover, rapid industrialization and favourable government regulations would increase the demand in countries such as China, Japan, and India.

The major players in the market include PPG Industries Inc, Akzonobel N.V, The Valspar Corporation, BASF SE, DuPont Inc, Henkel AG & Company, Kansai Paint Chemical Limited, The Beckers Group, Wacker Chemie AG, and Wacker Chemie AG among others.

The Global Can and Coil Coating market has been segmented based on Resin Type, Application, End-User Industry, and Region. Based on Resin, the market is segmented into Polyester, Fluoropolymer, Siliconized Polyester, Plastisol, and Others. Based on Application, the market is segmented into Steel and Aluminium. Based on Industry, the market is segmented into Building & Construction, Automotive, Appliance, and Others.

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Key questions answered in this research report:

• • At what pace is the Global Can and Coil Coating market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the Global Can and Coil Coating market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Can and Coil Coating market?
  • What are the application areas in the Global Can and Coil Coating market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Can and Coil Coating Market by Resin Type

• • Polyester
  • Fluoropolymer
  • Siliconized polyester
  • Plastisol
  • Others

Global Can and Coil Coating Market by Application

• • Steel
  • Aluminium

Global Can and Coil Coating Market by End-User Industry

• • Building & construction
  • Automotive
  • Appliance
  • Others

Global Can and Coil Coating Market by Region

• • North America Can and Coil Coating Market
    Option 1: As a part of the free 25% customization

• • • North America Can and Coil Coating Market by Resin Type
    • North America Can and Coil Coating Market by Application
    • North America Can and Coil Coating Market by End-User Industry
    • United States of America (US) Can and Coil Coating Market All-Up
    • Canada Can and Coil Coating Market All-Up
  • Europe Can and Coil Coating Market
    Option 2: As a part of the free 25% customization
    • Europe Can and Coil Coating Market by Resin Type
    • Europe Can and Coil Coating Market by Application
    • Europe Can and Coil Coating Market by End-User Industry
    • United Kingdom (UK) Can and Coil Coating Market All-Up
    • Germany All-Up Can and Coil Coating Market All-Up
    • France Can and Coil Coating Market All-Up
    • Spain Can and Coil Coating Market All-Up
    • Rest of Europe Can and Coil Coating Market All-Up
  • Asia-Pacific Can and Coil Coating Market
    Option 3: As a part of the free 25% customization
    • Asia-Pacific Can and Coil Coating Market by Resin Type
    • Asia-Pacific Can and Coil Coating Market by Application
    • Asia-Pacific Can and Coil Coating Market by End-User Industry
    • China Can and Coil Coating Market All-Up
    • India Can and Coil Coating Market All-Up
    • Japan Can and Coil Coating Market All-Up
    • Rest of APAC Can and Coil Coating Market All-Up
  • RoW Can and Coil Coating Market
    Option 4: As a part of the free 25% customization
    • RoW Can and Coil Coating Market by Resin Type
    • RoW Can and Coil Coating Market by Application
    • RoW Can and Coil Coating Market by End-User Industry
    • Brazil Can and Coil Coating Market All-Up
    • South Africa Can and Coil Coating Market All-Up
    • Saudi Arabia Can and Coil Coating Market All-Up
    • UAE Can and Coil Coating Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Can and Coil Coating Market All-Up

Global Can and Coil Coating Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • PPG Industries Inc
  • Akzonobel N.V
  • The Valspar Corporation
  • BASF SE
  • DuPont Inc
  • Henkel AG & Company
  • Kansai Paint Chemical Limited
  • The Beckers Group
  • Wacker Chemie AG