PET Film Coated Steel Coil Market Size and Share
PET Film Coated Steel Coil Market Analysis by Mordor Intelligence
The PET Film Coated Steel Coil Market size is estimated at USD 16.28 billion in 2025, and is expected to reach USD 20.85 billion by 2030, at a CAGR of 5.07% during the forecast period (2025-2030). Rising demand for corrosion-resistant construction materials, appliance panels with premium aesthetics, and regulatory tailwinds that discourage PVC coatings anchor this expansion. Manufacturers gain cost advantages from longer repaint cycles, while sustainability mandates position PET coatings as a credible route to lower embodied carbon. Accelerating modular construction, appliance replacement incentives in Asia, and technical gains in adhesion systems widen addressable demand across construction, infrastructure, and consumer durables. Competitive intensity remains moderate; differentiation pivots on scratch resistance, color stability, and the ability to integrate recycled PET without delamination risks.
Key Report Takeaways
- By substrate type, galvanized steel held 52.18% of the PET film coated steel coil market share in 2024, while galvalume/aluzinc is forecast to record a 5.76% CAGR to 2030.
- By coating type, single-side applications captured 62.19% share in 2024; antibacterial and other functional coatings are set to expand at a 5.92% CAGR through 2030.
- By application, home appliances accounted for 40.27% of the PET film coated steel coil market size in 2024, whereas electrical cabinets and enclosures are projected to grow at 6.18% CAGR.
- By end-user industry, consumer appliances dominated with 42.90% revenue share in 2024, while electrical and electronics lead with a 6.25% CAGR outlook.
- By region, Asia-Pacific commanded 51.24% share in 2024 and remains the fastest-growing geography at a 6.09% CAGR to 2030.
Global PET Film Coated Steel Coil Market Trends and Insights
Driver Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Growing demand for corrosion-resistant pre-coated steel in construction | +1.2% | Global, with concentration in APAC and North America | Medium term (2-4 years) |
| Expansion of appliance manufacturing using aesthetic steel panels | +1.0% | APAC core, spill-over to North America and Europe | Short term (≤ 2 years) |
| Increasing adoption in modular buildings and prefab structures | +0.8% | North America & EU, expanding to Middle East | Long term (≥ 4 years) |
| Preference for PET-coated steel over PVC on sustainability grounds | +0.9% | Global, led by EU regulations and corporate mandates | Medium term (2-4 years) |
| Improved scratch resistance and colour retention driving OEM usage | +0.6% | Global, particularly automotive and appliance sectors | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Growing Demand for Corrosion-Resistant Pre-Coated Steel in Construction
Large public and private infrastructure owners increasingly specify PET film coated steel panels to mitigate lifecycle maintenance costs. Extended barrier performance protects buildings against humidity, salt spray, and airborne pollutants, issues that accelerate under climate-change-driven weather events. Thyssenkrupp Steel’s bluemint products illustrate how reduced-carbon substrates combine with durable PET laminates to meet low-emission procurement criteria. Modular builders also benefit because coated panels arrive on-site ready for assembly, eliminating wet-painting steps and ensuring finish consistency across prefabricated modules. In the Middle East, where daily temperature swings exceed 35 °C, PET laminates outperform epoxy line coatings by resisting chalking and UV degradation for more than 3,000 hours of accelerated testing. Architects adopting vibrant color palettes note that PET retains gloss better than polyester paint, elevating the material to façade applications previously dominated by aluminum composite panels.
Expansion of Appliance Manufacturing Using Aesthetic Steel Panels
Evolving consumer preferences for premium textures and fingerprint-resistant finishes spur appliance OEMs to specify PET-clad steel doors and side panels. Global white-goods shipments surpassed 52 million units in 2024 despite economic volatility, sustaining baseline coil demand. China’s cash-for-clunkers incentive drove CNY 201.97 billion (USD 28 billion) in appliance sales, directly lifting coated-steel offtake. ArcelorMittal commercialized Jetskin—a PET-based laminate that reflects up to 75% of incident infrared radiation—allowing refrigerator OEMs to claim faster temperature pull-down times while using thinner insulation boards. Appliance brands weigh the slightly higher material cost against fewer warranty claims tied to corrosion around door gaskets, a recurring pain point with polyester-painted panels.
Increasing Adoption in Modular Buildings and Prefab Structures
Prefabricators in North America and Europe report order backlogs that extend into 2027, reflecting labor shortages and the need for faster project delivery. PET film coated steel coils arrive in standard widths matching cold-formed steel frames, cutting panel lay-up times by 30% compared with on-site paint schedules. Prefabex, a Saudi firm responsible for hospitals and workforce housing, specifies PET-laminated galvalume roofs for coastal sites because the film’s poly-ethylene terephthalate backbone retards chloride ingress. European modular builder Volumetric Building Companies confirms that PET surfaces pass 500-hour neutral-salt-spray tests without blistering, a prerequisite for panelized façade systems destined for Scandinavia’s harsh freeze-thaw cycles. As municipal codes tighten around volatile-organic-compound emissions, off-site factories turn to film-laminated coils to avoid solvent bake-off ovens entirely.
Preference for PET-Coated Steel Over PVC on Sustainability Grounds
Regulators worldwide scrutinize chloride-bearing coatings for micro-plastic shedding and end-of-life incineration hazards. The European Commission’s Packaging and Packaging Waste Regulation phases out PVC in many contact applications by 2030, creating hard demand for PET laminates[1]Regulatory Text, “Packaging and Packaging Waste Regulation,” europa.eu. PET’s mono-material recyclability aligns with closed-loop targets, while newer bio-based glycol feedstocks lower cradle-to-gate emissions. Evertis reports 80% lower energy consumption for PET versus aluminum sheet production, findings that resonate with corporate climate disclosures. Producers capture additional brand equity by certifying coils under the Global Recycled Standard once laminated with 25% recycled PET, paving a path towards circular steel coatings without compromising surface quality.
Restraint Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Higher cost versus traditional pre-painted/galvanized steel | -0.7% | Global, particularly price-sensitive emerging markets | Short term (≤ 2 years) |
| Limited recyclability of multilayer coated substrates | -0.4% | EU and North America, expanding globally | Long term (≥ 4 years) |
| Technical challenges in adhesion and film delamination | -0.3% | Global, affecting quality-critical applications | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Higher Cost Versus Traditional Pre-Painted/Galvanized Steel
Market prices for PET laminated coil carry a 15–20% premium over polyester-painted equivalents, an obstacle in commodity roofing and agricultural equipment. North American hot-rolled coil averaged USD 775 per short ton in early 2025, so PET upgrades must demonstrate lower warranty and repaint costs within a five-year payback window. In Europe, energy-driven inflation eroded steel demand by 2.3% in 2024, forcing distributors to rationalize high-value stock-keeping units[2]Annual Outlook, “Economic & Steel Market Forecast 2024–2026,” europeansteel.eu. Ability to blend recycled PET flake into the film layer tempers resin cost volatility, but coating suppliers still face para-xylene feedstock swings tied to global oil prices. Tier-two OEMs may postpone adoption until PET cost parity approaches within 8–10 % of baseline coil options.
Limited Recyclability of Multi-Layer Coated Substrates
Although both PET and steel are recyclable individually, today’s shredding plants lack inline delamination equipment, limiting closed-loop recovery for laminate composites. Global PET recycling hovers at 9% by volume, well below targets set in EU Green Deal legislation. To address this gap, DuPont Teijin Films commercialized LuxCR™, a reactive-extrusion route that recovers high-molecular-weight PET from mixed industrial waste streams. European industry consortia now pilot magnetic induction systems that melt the polymer layer off steel in continuous strip form, but capital costs remain prohibitive for many service centers. Without scalable recycling, regulators could impose eco-modulation fees that disadvantage multi-layer laminates relative to single-coat paints.
Segment Analysis
By Substrate Type: Galvanized Steel Retains the Lion’s Share
Galvanized sheet commanded 52.18% of the PET film coated steel coil market in 2024 thanks to its robust global supply chain, balanced cost-to-performance ratio, and widespread familiarity among roll-formers. Coated galvanized panels dominate appliance carcasses and indoor wall systems because the zinc layer provides sacrificial corrosion protection even if the PET film scratches during fabrication. Market participants expect galvanized’s contribution to the PET film coated steel coil market size for substrate type to stay above USD 9 billion through 2030 as OEM tooling remains optimized for G40 to G90 coatings.
Galvalume/aluzinc sheet, while capturing just 31.4% share, posts the fastest 5.76% CAGR owing to its superior corrosion resistance in marine and chemical environments. Adoption rises in solar mounting structures and coastal roofing where 55% aluminum-zinc coatings extend service life by 1.5x over standard galvanizing. Investment announcements such as Hyundai Steel’s USD 5.8 billion Louisiana electric-arc-furnace complex signal future premium substrate availability, introducing greener slab options that dovetail with PET’s recyclability appeal.
Note: Segment shares of all individual segments available upon report purchase
By Coating Type: Single-Side Layers Dominate, Functionals Accelerate
Single-side laminates ruled 62.19% share in 2024 because only the visible face of appliance cabinets and sandwich panels needs decorative protection, granting a 6–8 % material cost advantage over double-side film. Service centers report that single-side coated coils cut milling dust contamination on the unexposed layer, simplifying downstream bonding with polyurethane insulation.
Functional PET films—antibacterial, anti-fingerprint, anti-static—advance at a 5.92% CAGR as healthcare builders and food-grade process equipment demand surfaces that hinder microbial growth without relying on post-install sprays. Copper-ion-embedded PET films achieve ≥99% bacterial reduction within 24 hours while maintaining 5 H pencil hardness, a performance that surpasses PVC plastisols of equal thickness. Double-side coatings remain a niche, reserved for luxury doors and elevator cabs in premium real estate.
By Application: Appliances Provide Volume, Electrical Gear Fuels Growth
Home appliances anchor volume with 40.27% share because every refrigerator, washer, and microwave uses between 8 kg and 14 kg of coil, translating into stable annual drawdown even in flat housing cycles. The PET film coated steel coil market size linked to appliances is on track to top USD 8.8 billion by 2030 as upgraded aesthetics and connected-home branding propel premium SKUs.
Electrical cabinets, enclosures, and switchgear race ahead at 6.18% CAGR, supported by global grid modernization and data-center proliferation. Laminated steel walls provide dielectric isolation while minimizing paint line bottlenecks at enclosure integrators. Telecom operators in Southeast Asia now include PET coil specifications in remote-antenna node tenders, citing field experience with humidity-induced corrosion on powder-coated aluminum.
By End-User Industry: Consumer Appliances Hold Sway, Electronics Outpace
Consumer-appliance makers controlled a 42.90% stake in 2024 by virtue of scale and standardized chassis designs. Brands elevate differentiation through texture: brushed-steel visuals, matte pastel colors, and glass-effect finishes derived from 0.25 mm PET cap layers. Service life claims now exceed 15 years without repaint, resonating with warranty extensions in premium refrigerators.
Electrical & electronics tops the CAGR board at 6.25%, buoyed by EV-charging kiosks, battery-swap stations, and semiconductor clean-room wall panels. The PET film coated steel coil market share for electronics is likely to climb as fabs adopt cleanable, low-particulate enclosures that withstand frequent hydrogen-peroxide mist disinfections. Construction and infrastructure follow closely, with composite roof decks and noise-barrier panels in rail corridors adding incremental tonnage.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Asia-Pacific led the PET film coated steel coil market with 51.24% share in 2024, driven by vast appliance clusters in China, South Korea, and increasingly Vietnam. Government incentives worth CNY 201.97 billion (USD 28 billion) under China’s replacement program filled factory order books through at least mid-2026. India’s domestic steel demand is projected to rise 6–7% annually, supported by ArcelorMittal’s USD 5.1 billion capacity expansion slated for completion in 2026.
North America holds a mature but innovation-rich base, with infrastructure spending bills earmarking USD 110 billion for energy and grid projects that favor PET-clad electrical housings. Nucor and Steel Dynamics announced new coil-painting and lamination lines in West Virginia and Texas respectively, shortening lead times for enclosure OEMs across the Midwest.
Europe contends with elevated power prices and weak residential starts yet gains policy momentum from the EU’s ban on certain PVC coatings after 2030. Producers in Germany and Sweden brand their PET-laminated offerings as climate-smart, integrating green hydrogen DRI in slab production for scope-3 reductions. Latin America, the Middle East, and Africa collectively contribute under 12% share but exhibit pockets of rapid uptake where modular schools and hospital programs specify long-life wall panels immune to coastal salinity.
Competitive Landscape
The PET film coated steel coil market exhibits moderate fragmentation. ArcelorMittal, Nippon Steel, POSCO, Thyssenkrupp Steel, and Baosteel anchor the market, petrochemical-derived PET resin at Gwangyang, translating into tighter quality control and cost synergies. PPG Industries invested USD 300 million in a new Ohio line that co-extrudes primer and film in a single pass, trimming defect rates below 0.7 %, a record for North American lines. Thyssenkrupp Steel scales bluemint® slabs paired with PET laminates, marketing a cradle-to-gate footprint of 1.8 t CO₂ per ton of finished coil compared with a regional average of 2.3 t.
DuPont Teijin Films’ Mylar UVHPET backsheet with 33% recycled content is trialing in building-integrated photovoltaics, signaling cross-sector fusion. Patent lapses in China unlock market entry for Shandong Iron and Steel and JFE-Benxi, amplifying supply competition but also widening the customer base for smart-factory lamination equipment.
PET Film Coated Steel Coil Industry Leaders
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ArcelorMittal
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DONGKUKHOLDINGS CO., LTD.
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JFE Steel Corporation
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Lampre s.r.l.
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MARCEGAGLIA CARBON STEEL S.p.A.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2025: Hyundai Steel has announced the selection of Donaldsonville, Louisiana, as the site for a USD 5.8 billion steel mill that will utilize direct reduced iron technology. Additionally, this initiative aligns with Hyundai Steel's focus on expanding its portfolio, including PET film-coated steel coils, to meet evolving market demands for advanced and sustainable steel solutions.
- September 2024: Marcegaglia has committed GBP 50 million to construct a new electric arc furnace in Sheffield, UK. This facility is expected to enhance annual stainless steel production capacity to over 500,000 tonnes. The investment also supports the company’s efforts to diversify its offerings, including PET film-coated steel coils, catering to the growing demand for innovative and eco-friendly steel products.
Global PET Film Coated Steel Coil Market Report Scope
| Cold-Rolled Steel (CR Steel) |
| Galvanized Steel |
| Galvalume / Aluzinc Steel |
| Other Substrate Types |
| Single-side PET Film Coating |
| Double-side PET Film Coating |
| UV / Matte / Glossy PET Film Coatings |
| Antibacterial and Functional PET Films |
| Home Appliances |
| Wall Panels and Roofing Sheets |
| Doors and Partition Panels |
| Electrical Cabinets and Enclosures |
| Shipping Containers and Industrial Shelters |
| Other Applications (Elevators, Cladding, Signage) |
| Construction and Infrastructure |
| Consumer Appliances |
| Industrial Equipment |
| Transportation and Automotive |
| Electrical and Electronics |
| Other End-user Industries (Retail, Furniture, Interior Décor) |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| ASEAN Countries | |
| Rest of Asia-Pacific | |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Russia | |
| NORDIC Countries | |
| Rest of Europe | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | Saudi Arabia |
| South Africa | |
| Rest of Middle East and Africa |
| By Substrate Type | Cold-Rolled Steel (CR Steel) | |
| Galvanized Steel | ||
| Galvalume / Aluzinc Steel | ||
| Other Substrate Types | ||
| By Coating Type | Single-side PET Film Coating | |
| Double-side PET Film Coating | ||
| UV / Matte / Glossy PET Film Coatings | ||
| Antibacterial and Functional PET Films | ||
| By Application | Home Appliances | |
| Wall Panels and Roofing Sheets | ||
| Doors and Partition Panels | ||
| Electrical Cabinets and Enclosures | ||
| Shipping Containers and Industrial Shelters | ||
| Other Applications (Elevators, Cladding, Signage) | ||
| By End-user Industry | Construction and Infrastructure | |
| Consumer Appliances | ||
| Industrial Equipment | ||
| Transportation and Automotive | ||
| Electrical and Electronics | ||
| Other End-user Industries (Retail, Furniture, Interior Décor) | ||
| By Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| ASEAN Countries | ||
| Rest of Asia-Pacific | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| NORDIC Countries | ||
| Rest of Europe | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle East and Africa | Saudi Arabia | |
| South Africa | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current value of the PET film coated steel coil market?
The market stands at USD 16.28 billion in 2025.
How fast is this market expected to expand by 2030?
It is projected to advance at a 5.07% CAGR, reaching USD 20.85 billion.
Which region contributes the largest share of demand?
Asia-Pacific leads with 51.24% share in 2024 and is also the fastest-growing territory.
Which application segment shows the highest growth momentum?
Electrical cabinets and enclosures are forecast to rise at a 6.18% CAGR through 2030.
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