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Functional Coil Coatings Market Set to Witness a Steady CAGR Value through 2019 to 2029

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Steve Blade
Functional Coil Coatings Market Set to Witness a Steady CAGR Value through 2019 to 2029

The global functional coil coatings market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each functional coil coatings market player in a comprehensive way. Further, the functional coil coatings market report emphasizes the adoption pattern of the functional coil coatings across various industries.

The functional coil coatings market report highlights the following players:

  • ARCEO Engineering
  • Axalta Coating Systems
  • Dura Coat Products, Inc.
  • Eastman Chemical Company

The functional coil coatings market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

Functional coil coatings market is growing rapidly with a positive CAGR of ~ 5.4% through 2029, propelled by building & construction and automotive industries globally. Polyester functional coil coating is widely used in coil coating formulation owing to the enhanced properties such as flexibility, scratch-resistance and cost effective coating solutions. Moreover, focus of market actors towards economical production technology and expansion of production facilities is further going to stimulate the growth of global functional coil coatings market. Demand for functional coil coating is anticipated to witness a spurt with the proliferation of sustainable coating solutions and increased consumption of PVDF based functional coil coating. On this backdrop, the global sales of functional coil coatings are estimated to surpass a value of ~US$ 550 Mn in 2029.

Functional coil coating market is highly fragmented with key players accounting for around one-third of the global sales. Prominent players including Clariant, Songwon, Solvay and Beckers Group are increasingly focusing on expansion of production capacity, new product development and inorganic growth strategy to maintain a strong position in the market.

You can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S&rep_id=4460

Find More Valuable Insights on Functional coil coating Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global Functional coil coating market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study divulges compelling insights on the functional coil coating market on the basis of material type (polyester, epoxy, plastisols, acrylic, polyurethane, and PVDF), application (steel coating and aluminium coating), product type (topcoats, primers, backing coats, and others), technology (liquid coating {water borne and solvent based}, and powder coating), end use (automotive, consumer appliances, and HVAC) and region (North America, Western Europe, Asia Pacific excl. Japan, Latin America, Eastern Europe, Middle East and Africa, and Japan).

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