Global Metal Coating market 2024-2030

The metal coating is a process of coating/covering a metal surface with a layer of coating metal to protect the metal and improve its appearance. There are several types of coating like electroplating, galvanizing, anodizing, etc. each one contributing to the protection of metal in its way.

The metal coating is an essential process to protect metal surface from wear and tear. Not only this but to protect from environmental factors like humidity, temperature, rain, etc. Metal coatings change the properties of surface like adhesion, wettability, corrosion resistance, wear resistance, etc. This gives durability, load-bearing capacity, protection from rust and oxidation and increases the life of the surface. It also minimizes the friction.

The report on global metal coating market shows insights on the current market scenario by conducting over 280 hours of primary and secondary research. As per the report, global metal coating market is growing its area and effective sphere of influence very fast and is gaining popularity. The global metal coating market has been valued at US $ xxx billion in the year 2018 and is projected to reach US $ xxx billion by 2023, at a CAGR of xx % from 2018 to 2023.

The rapid industrialization and urbanization is the major factor driving the growth of the metal coating market. The increase in infrastructure development in commercial and residential sectors is also boosting the demand. The pros of metal coating like corrosion resistance, improved texture, prevention of rust, protection from chemicals and environmental factors are taking it to the pinnacle.

Although metal coating seems very useful, it is costly and time-consuming. It requires an expert hand to take on the process. The non-uniform coating may result in poor appearance. Some of the cons like these are retarding the growth of metal coating market.

North America, Latin America, Europe, Asia Pacific, Middle East, and Africa are the regions contributing to the enormous growth of metal coating market. The Asia Pacific excluding Japan has become superior due to rapid industrialization in emerging economies like India and China. North America and Western Europe have also anticipated in the significant growth. Japan is expected to shine brightly in the coming days. Latin America and Africa are at a nascent stage and are expected to register profitable growth.

Nippon Paint Holdings Co., Ltd., The Valspar Corporation, Kansas Paint Co., Ltd., BASF SE, AkzoNobel N.V, The Sherwin-Williams Company,Axalta Coating Systems are some of the biggest players in the global metal coating market.

The research procedure starts with the bifurcation of different market segments of global metal coating market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global metal coating industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (35%), Asia (30%), Europe (35%)

By designation:

Top level (40%), Operation level (30%), Mid-level (30%)

Contents of the report:

• Insights on the global metal coating industry dynamics
• Current estimation of the global metal coating market size in terms of value and volume
• Global metal coating market breakup based on product type and application.
• Authenticated global metal coating market forecast for the next five years
• Comprehensive analysis of the key companies operating across different nodes of global metal coating industry value chain.