The major players in the continuous coatings market are Akzo Nobel NV, PPG Industries, Axalta Coating Systems, Beckers Group, Nippon Paint (India) Private Limited, Kansai Nerolac Paints Limited, The Sherwin-Williams Company, Wacker Chemie AG, BASF SE, Metal Coaters System, The Chemours Company, Titan Coatings Inc.
New York, Sept. 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Coil Coatings Global Market Report 2022” – https://www.reportlinker.com/p06319504/?utm_source=GNW
Cornerstone Building Brands, Jotun Group and Recubrimientos Plasticos SA
The coil coatings market is expected to grow from $4.67 billion in 2021 to $5.13 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The coil coatings market is expected to reach $6.55 billion by 2026 at a CAGR of 6.3%.
The coil coating market includes sales of coil coatings by entities (organizations, independent traders and partnerships) that are used for coil coating using metals. Coil coating is a continuous or automated process of coating metal coils with a polyester resin that includes cleaning, pre-treating and coating flat coils of steel or aluminum sheets.
The process includes cleaning, exchange treatment, drying, primer coating, top coating and lamination. However, the most common formulations are polyester, polyfluorocarbons, alkyds, acrylics and plastisol.
The major types of roll-up coating markets are polyester, fluoropolymer, silicone polyester, polyvinylidene difluoride, polyurethane (PU), plastisols, and others. Polyester refers to synthetic fabrics usually derived from petroleum.
Polyester garments can be easily handled and can be machine washed, and these garments do not require special care. Various applications include steel and aluminum.
It is used in construction, automobile, industrial and household appliances and other industries.
Asia-Pacific was the largest region in the Continuous Coating Market in 2021. Regions covered in the Continuous Coating Market report are Asia-Pacific, Western Europe, Eastern Europe East, North America, South America, the Middle East and Africa.
The Spiral Coating Market research report is one of a series of new reports that provide statistics on the Spiral Coating market, including global market size, regional shares, competitors holding share market segments, detailed Spiral Coating market segments, market trends and opportunities, and any other data you may need to thrive in the Continuous Coating industry. This Spiral Coatings Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The growing demand for continuous coatings from the building and construction industry is expected to propel the growth of the continuous coatings market in the coming years. Construction and construction is the process of constructing houses, public buildings, and industrial facilities.
Continuous coatings are used to offer protective coatings and sealants that are applied to various surfaces to improve their appearance, corrosion resistance, adhesion and scratch resistance. For example, in December 2021, Ternium USA Inc, a US-based steel fabrication company, invested $98 million in the expansion of the Shreveport plant to improve steel production and coating in response to increased demand from the construction industry.
Hence, the increasing demand for continuous coating from the construction industry is driving the growth of the continuous coating market.
Technological innovation is a key trend that is gaining popularity in the continuous coatings market. The major companies operating in the continuous coating market are focused on developing new technologies to provide protective coatings and sealants applied to various surfaces to improve surface properties, as well as appearance, corrosion, adhesion and scratch resistance.
For example, in March 2021, Akzo Nobel AV, an American company operating in coil coatings, launched TRINAR TC (Tough Coat), a new PFOA-free PVDF coil coating system that combines outstanding performance of 70% PVDF with increased durability and ease of use. This TRINAR coating technology provides stain, abrasion and scratch resistance to building and construction industry surfaces.
In April 2022, Akzo Nobel NV, a Netherlands-based company specializing in the manufacture of coatings and flooring, acquired Grupo Orbis for an undisclosed amount. This acquisition should help Akzo Nobel grow its workforce, paints and coatings product portfolio in Latin America. Grupo Orbis is a Colombia-based chemical company that manufactures paint and coating products.
The countries covered in the Continuous Coating market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06319504/?utm_source=GNW
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