Global Functional Coil Coating Market Overview:
Functional coil coating is made of steel, aluminum, PVC film, and other metal-based materials. This coatings process results in rigidity, enhanced functionality, durability, high resistance, and efficiency of the product and applications. These coatings are used in applications such as facade construction, household, garage doors, brake pads, cold rooms, etc. Some of the players profiled in the study are H.B. Fuller Company (United States), Akzo Nobel N.V., (Netherlands), BASF SE (Germany), Nippon Paint Industrial Coatings Co., Ltd. (Japan), Allnex Netherlands B.V. (Netherlands), PPG Industries, Inc. (United States), Dura Coat Products, Inc. (Axalta Coatings Systems) (United States), Henkel AG & Co. KGaA (Germany), Daikin Industries, Ltd. (Japan), Sherwin-Williams Company (United States), Kommerling (Germany) and Kelcoatings Limited (Canada).
On the basis of geography, the market of Functional Coil Coating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Materials, the sub-segment i.e. Steel will boost the Functional Coil Coating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline will boost the Functional Coil Coating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Demand for Efficiency and Enhanced Coating Functionality in Various Applications
- Growing Demand Low Conductivity and Water Resistant Coatings for Industrial Process in Various Industries
Influencing Trend
- The popularity of Functional Coil Coating for Facade Construction and Other Household Applications
Restraints
- Adverse Environmental Impacts of Materials Used in Functional Coil Coating
Opportunities
- Surging Demand for Functional Coil Coating from the Developing Regions of the World
- Technological Advancement in the Production of Functional Coil Coating
Challenges
- More Expensive Functional Coil Coating Products in the Market Might be the Hindrance
Key Market Developments:
On 31st July 2020, The General Industrial Coatings division of Sherwin-Williams has released Powdura ECO Hybrid Coatings – the newest technology within the Powdura ECO powder coatings platform launched in April. Powdura ECO Hybrid Coatings combine aesthetic appeal with exceptional functional properties that can be formulated to balance chemical, scratch, and impact resistance, and provide increased color stability when compared to traditional epoxies.
Target Audience:
Functional Coil Coating Manufacturers, Functional Coil Coating International Traders, Functional Coil Coating Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Functional Coil Coating market on the basis of product [Primer, Back Paint and Topcoat] , application [Facade Construction, Household, Garage Doors, Cold Rooms, Brake Pads and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Functional Coil Coating market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Functional Coil Coating industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Functional Coil Coating market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.