Market Size of Europe Coil Coatings Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 5.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Coil Coatings Market Analysis
The European coil coatings market is expected to register a CAGR of more than 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.
- By End-user Industry, the building and construction segment dominated the Europe market and it is expected to witness the highest CAGR, during the forecast period.
- Increasing demand for fluoropolymer coatings for architectural applications is projected to act as an opportunity for the market in future.
- The polyester segment dominated the market and is expected to grow during the forecast period, as it is one of the most widely used products in the industry since it offers excellent corrosion and weather resistance to the coated material in most conditions.