Asia-Pacific Coil Coatings Market | Growth, Trends, and Forecast (2020

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

5 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Asia-Pacific coil coatings market is expected to register a CAGR of over 5%, during the forecast period. Coil coatings find their application in the manufacturing of typical components, such as sheet and panels for containers, caravan and interior, insulated boxes, trailer bodies, road, and railway coaches, among others.

Increasing demand from the building & construction industry is augmenting the growth of the market.
Increasing demand for lightweight materials in the automobile industry is likely to hinder the market growth.
Increasing demand for fluoropolymer coatings for architectural applications is projected to act as an opportunity for the market in the future.

Scope of the report

The Asia-Pacific coil coatings market report includes:

Resin Type
		Polyester
		Polyvinylidene Fluorides (PVDF)
		Polyurethane(PU)
		Plastisols
		Other Resin Types

End-user Industry
		Building and Construction
		Industrial and Domestic Appliances
		Automotive
		Furniture
		HVAC
		Other End-user Industries

Geography
		China
		India
		Japan
		South Korea
		ASEAN Countries
		Rest of Asia-Pacific

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand from Building & Construction Industry

The increasing demand of coil coatings is primarily due to its extensive use as coated material in end-user industries, such as construction, rapid industry development, urbanization, increase in per capita income, along with rise in consumer spending.
Wood panels, roofs, metal sheets are some of the products, which are using in coating material for construction industry. These products are also providing artistic appeal to commercial and residential buildings. Additionally, rising non-residential construction activities, including commercial building, manufacturing industries, and factories, have activated the demand for coil coatings to sustain in harsh weather conditions.
Coil coating is basically a multi-layer coating of pigments, resins, and primers that are used to coat metal sheets, such as aluminum and steel. They are used to protect the material against harsh environmental conditions and also for providing corrosion resistance.
Globally, Asia-Pacific has the largest construction market, which is led by India, China, and various Southeast Asian countries.
India has experienced significant interest from foreign investors in its infrastructural sector. Altico Capital, the non-banking finance company of Clearwater Capital Partners LLC, has expressed interest to invest around USD 150 million to develop commercial office properties and improve the infrastructure sector, over the next one and a half years.
As the infrastructure is expected to grow in the region, the use of coil coatings in construction industry is also likely to increase, thus driving the market during the forecast period.

To understand key trends, Download Sample Report

China to Dominate the Market

In the Asia-Pacific region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country’s manufacturing sector is one of the major contributors to the country’s economy.
Despite the volatile growth in the real estate sector, the significant development of rail and road infrastructure by the Chinese government, to withstand the expanding industrial and service sectors, resulted in a significant growth of the Chinese construction industry, in the recent years. As the construction industry is dominated by state-owned enterprises, the increased government spending is boosting the industry in the country.
The continuous improvements in economic conditions in the region have enhanced the financial status of the consumers, in turn, boosting the demand for buildings and other infrastructural activities in the country.
China’s 13th Five Year Plan started in 2016 as it was an important year for the country’s engineering, procurement, and construction (EPC) industry. In addition to this, the country ventured into new business models domestically and internationally, during the year. Although the construction sector slowed down after 2013, it is still a major contributor to the GDP of the country.
Moreover, restrictions on foreign investment on land development, high-end hotels, office buildings, international exhibition centers, and construction and operation of large theme parks have also been lifted. The growth in commercial and residential sectors is expected to boost the coil coatings market in the country, over the forecast period.

To understand geography trends, Download Sample Report.

Competitive Landscape

The Asia-Pacific coil coatings market is expected to be fragmented in nature, with the many players occupying a good position in the market. Key players in the market include AkzoNobel N.V., Beckers group, The Sherwin-Williams Company, and PPG Industries, Inc., among others.

Major Players

You can also purchase parts of this report. Do you want to check out a section wise price list?

1. INTRODUCTION
1. 1.1 Study Assumptions
2. 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Drivers
  1. 4.1.1 Increasing Demand from the Building & Construction Industry
  2. 4.1.2 Stringent Environmental Regulations for Conventional Products
2. 4.2 Restraints
  1. 4.2.1 Increasing Demand for Light Weight Materials in the Automobile Industry
  2. 4.2.2 Rising Cost of Raw Materials
3. 4.3 Industry Value-Chain Analysis
4. 4.4 Porter's Five Forces Analysis
  1. 4.4.1 Bargaining Power of Suppliers
  2. 4.4.2 Bargaining Power of Consumers
  3. 4.4.3 Threat of New Entrants
  4. 4.4.4 Threat of Substitute Products and Services
  5. 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
1. 5.1 Resin Type
  1. 5.1.1 Polyester
  2. 5.1.2 Polyvinylidene Fluorides (PVDF)
  3. 5.1.3 Polyurethane(PU)
  4. 5.1.4 Plastisols
  5. 5.1.5 Other Resin Types
2. 5.2 End-user Industry
  1. 5.2.1 Building and Construction
  2. 5.2.2 Industrial and Domestic Appliances
  3. 5.2.3 Automotive
  4. 5.2.4 Furniture
  5. 5.2.5 HVAC
  6. 5.2.6 Other End-user Industries
3. 5.3 Geography
  1. 5.3.1 China
  2. 5.3.2 India
  3. 5.3.3 Japan
  4. 5.3.4 South Korea
  5. 5.3.5 ASEAN Countries
  6. 5.3.6 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
2. 6.2 Market Share Analysis**
3. 6.3 Strategies Adopted by Leading Players
4. 6.4 Company Profiles
  1. 6.4.1 Coil Coaters
    1. 6.4.1.1 Alcoa Corporation
    2. 6.4.1.2 Dura Coat Products, Inc.
    3. 6.4.1.3 Norsk Hydro ASA
    4. 6.4.1.4 Ralco Steel
    5. 6.4.1.5 Novelis
    6. 6.4.1.6 Tata Steel
    7. 6.4.1.7 Thyssenkrupp
  2. 6.4.2 Paint Suppliers
    1. 6.4.2.1 AkzoNobel N.V.
    2. 6.4.2.2 Axalta Coatings Systems
    3. 6.4.2.3 BASF SE
    4. 6.4.2.4 Beckers Group
    5. 6.4.2.5 Kansai Paint Co., Ltd.
    6. 6.4.2.6 PPG Industries Inc.
    7. 6.4.2.7 NIPPONPAINT Co., Ltd.
    8. 6.4.2.8 The Sherwin-Williams Company
    9. 6.4.2.9 Yung Chi Paint & Varnish Mfg Co. Ltd
  3. 6.4.3 Pretreatment, Resins, Pigments, and Equipment
    1. 6.4.3.1 ALUMAX INDUSTRIAL CO., LTD
    2. 6.4.3.2 Arkema Group
    3. 6.4.3.3 Bayer AG
    4. 6.4.3.4 Henkel AG & Co. KGaA
    5. 6.4.3.5 Solvay

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS
1. 7.1 Increasing Demand for Fluoropolymer Coatings for Architectural Applications

** Subject to Availability