Global Solvent-borne Coil Coatings Market 2015-2019
About Solvent-borne Coil Coatings
Coil coatings, also known as prepainted metal coatings, are used to coat metal surfaces before they are shaped into end products. They cause minimal VOC emissions, do not consume a lot of energy, and result in low wastage. They have many advantages over post-painted metal coatings, such as corrosion protection and long-term aesthetic value.
Technavio's analysts forecast the global solvent-borne coil coatings market to grow at a CAGR of 6.63% over the period 2014-2019.
Covered in this Report
The global solvent-borne coil coatings market can be segmented into four: infrastructure, consumer appliance and HVAC, transportation, and furniture.
Technavio's report, Global Solvent-borne Coil Coatings Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and the Americas; it also covers the global solvent-borne coil coatings market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Solvent-Borne Coil Coatings Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Solvent-Borne Coil Coatings Market: AkzoNobel, BASF SE, Beckers Group, PPG Industries and Valspar
Other Prominent Vendors in the market are: Alumax Industrial, DuPont, JK Surface Coatings, Henkel, Kansai Paint & Chemicals, Ralco Steels and Wacker Chemie.
Commenting on the report, an analyst from Technavio’s team said: “Vendors are developing technologies to produce coil coatings that are eco-friendly, emit less carbon dioxide during production, and do not contain many heavy metals. For example, Chemetall's Oxsilan technology is an eco-friendly process used to pretreat metals in the automotive, consumer appliances, aluminum finishing, heavy equipment, and general industries.”
According to the report, one of the main factors driving the growth of the global solvent-borne coil coatings market is the economic benefits associated with coil coatings. The growing demand from end-use industries is propelling demand for solvent-borne coil coatings materials.
Further, the report states that one of the main challenges hindering the growth of this market is the growing demand for solvent-free coatings. Also, the replacement of metals with plastic panels is also hindering market growth.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook