North America Coil Coatings Market - Forecast(2024 - 2030)
North America Coil Coatings Market Overview
The market for North America Coil Coatings looks promising due to several reasons such as increased use of coil coatings in construction, automotive, appliances, and other applications as well as increase in consumption of different metal substrates with the availability of resins across the North American region. North America Coil Coatings are classified into various resin types such as polyester, polyurethane, epoxy, and others. The North America Coil Coatings market is estimated to grow at a CAGR of 3.65% during the forecast period 2018–2023.
North America Coil Coatings Market Outlook
Coil Coatings are generally produced in different types for diverse applications varying from construction to home appliances. Across North America, various resins such as polyester, polyurethane, epoxy, vinyl, and other resins are being used, in which polyester is used highly by the coil coating manufacturers. Steel and manufacturing industries are use coil coating with polyester resins to a great extent, which is further supplied to various end users.
North America Coil Coatings Market Growth Drivers
The increase in demand for coil coatings from the construction industry, majorly for residential roofing, interiors, and offices, is driving the North America Coil Coatings market. The use of coil coatings by the manufacturing and construction industries in various home appliances also propels the market for coil coatings in the North American region.
North America Coil Coatings Market Challenges
The replacement of aluminum sheets with plastics panels in end user industries is a major challenge for the North America Coil Coatings market. The companies that manufacture coil coatings need to ensure that their products fulfill the requirements as proposed. High consumption of energy during the coil coating process and higher costs of coating technologies are the other challenges faced by the manufacturers.
North America Coil Coatings Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the North America Coil Coatings market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
North America Coil Coatings Market Report: Industry Coverage
Types of North America Coil Coatings: Polyester, Polyurethane, Epoxy, Vinyl, Acrylics, Fluoropolymer (PVDF), Plastisols, and Others
The North America Coil Coatings market report also analyzes the major countries for the market in the. The major countries covered in the study include:
- North America
- The U.S.
- Canada
- Mexico
North America Coil Coatings Market Key Players Perspective
Sherwin-Williams is a major manufacturer of coil coatings across the North American region. The company has its headquarters in the U.S and operates in Europe, The Americas, Asia-Pacific, the Middle East and Africa. Sherwin-Williams, through its broad range of products, constant product launches, and innovation, has been successful in catering to a variety of customers, consequently maintaining its hold over the market.
PPG Industries, headquartered in the U.S, is the next leading player in the North America Coil Coatings market.
North America Coil Coatings Market Trends
- Today, building and construction is a significant segment of the coatings market, serving as an engine of growth, predominantly for the emerging and less--developed countries. Also, the growing demand for various components in the automotive sector is expected to fuel the demand for coil coatings across the region. As a result, there is a strong trend towards different substrates and resins used for the end-use applications. High adoption of steel and aluminum in the construction and automotive industries as well as in home appliances is an emerging trend that can be seen across the region.
1. North America Coil Coatings Market — Market Overview
1.1. Definitions and Scope
2. North America Coil Coatings Market — Executive Summary
2.1. Market Revenue, Market Size and Key Trends By Company
2.2. Key Trends By Type of Application
2.3. Key Trends Segmented By Geography
3. North America Coil Coatings Market — Comparative Analysis
3.1. Comparative Analysis
3.1.1. Product Benchmarking – Top 10 Companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value Split By Top 10 Companies
3.1.4. Patent Analysis – Top 10 Companies
3.1.5. Pricing Analysis
4. North America Coil Coatings Market — Startup Companies Scenario
4.1. Top 10 Startup Company Analysis
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. North America Coil Coatings Market — Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing Business Index
5.3. Case Studies of Successful Ventures
5.4. Customer Analysis – Top 10 Companies
6. North America Coil Coatings Market — Market Forces
6.1. Market Drivers
6.2. Market Constraints
6.3. Market Challenges
6.4. Porter’s Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Power of Customers
6.4.3. Threat of New Entrants
6.4.4. Rivalry Among Existing Players
6.4.5. Threat of Substitution
7. North America Coil Coatings Market — Strategic Analysis
7.1. Value Chain Analysis
7.2. Pricing Analysis
7.3. Opportunities Analysis
7.4. Product/Market Life Cycle Analysis
7.5. Suppliers and Distributors
8. North America Coil Coatings Market — By Type (Market Size — Million Gallons)
8.1. Market Size and Market Share Analysis
8.2. Type Revenue and Trend Research
8.3. Type Segment Analysis
8.3.1. Introduction
8.3.2. Polyester
8.3.2.1. Polyester Melamine
8.3.2.2. Siliconized Polyester
8.3.3. Polyurethane
8.3.4. Epoxy
8.3.5. Vinyl
8.3.6. Acrylics
8.3.7. Fluoropolymer (PVDF)
8.3.8. Plastisols
8.3.9. Others
9. North America Coil Coatings Market — By Substrate (Market Size — Million Gallons)
9.1. Market Size and Market Share Analysis
9.2. Substrate Revenue and Trend Research
9.3. Substrate Segment Analysis
9.3.1. Introduction
9.3.2. Steel
9.3.2.1. Cold rolled steel
9.3.2.2. Hot rolled steel
9.3.2.3. Electro galvanized steel
9.3.2.4. Hot dip galvanized steel
9.3.3. Copper
9.3.4. Aluminum
9.3.5. Others
10. North America Coil Coatings Market — By End Use Application (Market Size — Million Gallons)
10.1. Market Size and Market Share Analysis
10.2. End Use Application Revenue and Trend Research
10.3. End Use Application Segment Analysis
10.3.1. Introduction
10.3.2. Appliance
10.3.2.1. HVAC
10.3.2.2. Refrigeration
10.3.2.2.1. Refrigerator wrappers
10.3.2.2.2. Doors
10.3.2.2.3. Interiors
10.3.2.3. Stoves
10.3.2.4. Dishwasher
10.3.2.5. Washer or dryer
10.3.2.6. Ovens
10.3.2.7. Others
10.3.3. Furniture
10.3.3.1. Metal furniture
10.3.3.2. File cabinets
10.3.3.3. Partitions
10.3.3.4. Others
10.3.4. Others
11. North America Coil Coatings Market — By Geography (Market Size — Million Gallons)
11.1. North America Coil Coatings Market – North America Segment Research
11.2. North America Market Research (Market Size — Million Gallons)
11.2.1. Segment Type Size and Market Size Analysis
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Product Analysis
11.2.4. North America Product Type and Application Market Size
11.2.4.1. U.S.
11.2.4.2. Canada
11.2.4.3. Mexico
12. North America Coil Coatings Market — Market Entropy
12.1. New Product Launches
12.2. M&As, Collaborations, JVs, Partnerships
13. North America Coil Coatings Market — Market Share
13.1. Market Share Analysis
13.1.1. Market Share By Country – Top Companies
13.1.2. Market Share By Region – Top 10 Companies
13.1.3. Market Share By Type of Application – Top 10 Companies
13.1.4. Market Share By Type of Product/Product Category – Top 10 Companies
13.1.5. Market Share at Global Level – Top 10 Companies
13.1.6. Best Practices for Companies
14. North America Coil Coatings Market — Key Company List By Country
15. North America Coil Coatings Market — Company Analysis
15.1. Market Share, Company Revenue, Products, M&As, Developments
15.2. Sherwin-Williams
15.3. PPG Industries
15.4. AkzoNobel N.V.
15.5. Axalta Coating Systems
15.6. Backers Group
15.7. Henkel AG & Company
15.8. KelCoatings Ltd.
15.9. Nippon Paint Holdings Co., Ltd.
15.10. Kansai Paint Co., Ltd.
15.11. Others
*Financials of private companies would be provided on a best-efforts basis*
16. North America Coil Coatings Market — Appendix
16.1. Abbreviations
16.2. Sources
17. North America Coil Coatings Market — Research Methodology
17.1. Research Methodology
17.1.1. Company Expert
17.1.2. Industry Database
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product Database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends