Functional Coil Coatings Industry Market 2019: Future Trends, Key Players

Global Functional Coil Coatings Industry was valued at USD 554 Million in the year 2018. Global Functional Coil Coatings Industry is further estimated to grow at a CAGR of 4.72% from 2019 to reach USD 515 Million by the year 2025. In the Global Functional Coil Coatings Industry, by region Asia Pacific region holds the highest Industry share in 2018 and is also Industry is considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years owing to increase in population rate, advancement in steel and aluminum industry, and stable economic growth.

The report segments the global functional coil coatings Industry based on technology, product type, end user, and region. By product type, the global functional coil coatings Industry is categorized into topcoat, primer, and backing coat of which top coat segment holds the highest Industry share in the coming years. On the basis of technology, the Industry is divided into liquid coating and powder coating of which liquid coating accounted for the largest share of the global Industry.

SWOT analysis of Functional Coil Coatings Industry

Strength:

Rapid growth of construction and automotive industry

Fluctuations in Furniture and home appliance industry

Weakness:

High cost of the processes

Consumer’s preference for low price products

Opportunities:

Recycling coating tools and use of Organic material

Threats:

Technological Advancements

Major market players Functional Coil Coatings Industry in are KCC paints SDN BHD, KelCoatings Limited, Daikin Industries, Ltd., NIPSEA Group, BASF SE, Akzo Nobel N.V., Valspar Corporation, Axalta Coating Systems (Axalta), PPG Industries, Henkel AG & Co. KGaA, and 6 more companies detailed information is provided in the report.

Functional Coil Coatings Industry Segmentation

Functional Coil Coatings Industry Overview, By Product Type

• Topcoats

• Primers

• Backing Coats

• By Technology

• Liquid Coating

• Powder Coating

Functional Coil Coatings Industry Overview, By End Users

• Construction

• Appliances

• Automobile Industry

• Others

Ask for sample @ https://www.alexareports.com/report-sample/9392

Thank you for reading this Blog.