Global Coil Coatings Market: Industry Trends and Forecast to 2019 – 2026 | Increased Demand in The Coming Years

Global Coil Coatings Market: Industry Trends and Forecast to 2019 – 2026 | Increased Demand in The Coming Years

According to an estimate, coil coatings market size will surpass USD 4.8 billion by 2026. Coil-coated steels have found their way into the automotive sector, expanding footholds in commercial vehicle bodies and car spoilers. Companies are situating the color coating coiler alongside the paint-making facility to reduce the lead time.

These steels have risen to the occasion to prevent issues with stone chip, corrosion and negate straight edges. In a bid to keep up with today’s and tomorrow’s market needs, industry participants are witnessing a notable advance in coating technologies.

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Manufacturers are realizing the upsides of the benefits of coil coatings to streamline energy savings. Industry leaders are gearing to develop a high level of energy efficiency products and coil coatings market size is expected to surge in the next few years. Leading companies are vying to keep up with the EPA standards as innovations continue to gain hold globally.

Coil coating systems have gained uptick for commercial projects as high-performing coatings are witnessing demand during the construction of exterior buildings. Coaters are likely to exhibit traction for the PVDF technology, with the coil coating process gaining impetus to produce pre-painted metal.

Coil coating processes are likely to involve innovating processes such as no-rinse pre-treatment, roller coatings and VOC elimination. Prominently, coil coating leverages an efficient collection of VOCs from the solvents used in paints.

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Leading companies are leaving no stone unturned to gain a competitive hold in the landscape. To illustrate, AkzoNobel rolled out a coil coating system for aluminum composite panels in November 2020. 70% polyvinylidene fluoride (PVDF) coil coating is said to be used for monumental and commercial ACP projects.

Sherwin-Williams launched a novel platform for polyester coil coatings in December 2020. The polyester technology, they claim, can be used to keep up with the demands of a slew of industries, such as OEM products and building products.

North America coil coatings market outlook will remain pronounced with soaring traction from the metal construction industry in the U.S. Coil coated metals are likely to be used in the automotive and construction industries.

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