North America Coil Coatings Market Size (2024 - 2029)

The North America coil coatings market is anticipated to experience growth driven by rising construction activities in the region. However, the increasing demand for lightweight materials in the automobile industry may pose challenges to the market's expansion. On the other hand, the growing interest in fluoropolymer coatings for architectural applications presents potential opportunities for market development.

Market Size of North America Coil Coatings Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
North America coil coatings market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.00 %
Market Concentration Low

Major Players

North America coil coatings market report

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

North America Coil Coatings Market Analysis

The North America coil coatings market is expected to register a CAGR of over 5%, during the forecast period. Coil coatings find their application in the manufacturing of typical components, such as sheet and panels for containers, caravan and interior, insulated boxes, trailer bodies, road, and railway coaches, among others.

  • Rising construction activities across North America is augmenting the growth of the market.
  • Increasing demand for lightweight materials in the automobile industry is likely to hinder the market growth.
  • Increasing demand for fluoropolymer coatings for architectural applications is projected to act as an opportunity for the market in the future.

North America Coil Coatings Industry Segmentation

The North America coil coatings market report includes:

Resin Type
Polyester
Polyvinylidene Fluorides (PVDF)
Polyurethane(PU)
Plastisols
Other Resin Types
End-user Industry
Building and Construction
Industrial and Domestic Appliances
Automotive
Furniture
HVAC
Other End-user Industries
Geography
United States
Canada
Mexico
Rest of North America
Need A Different Region Or Segment?
Customize Now

North America Coil Coatings Market Size Summary

The North America coil coatings market is poised for significant growth, driven by the increasing demand for coated materials in various end-user industries such as construction and automotive. The market is experiencing a surge due to rising construction activities across the region, which is bolstered by urbanization, rapid industrial development, and increased consumer spending. Coil coatings, which are multi-layer coatings applied to metal sheets like aluminum and steel, offer protection against harsh environmental conditions and provide corrosion resistance. These coatings are extensively used in the construction of commercial and residential buildings, as well as in the manufacturing of components for vehicles and transportation infrastructure. The demand for fluoropolymer coatings in architectural applications presents a promising opportunity for market expansion in the coming years.

The construction industry in the United States and Canada is a significant contributor to the growth of the coil coatings market. The US construction sector, one of the largest globally, is expanding due to a robust economy and favorable market conditions for commercial real estate, supported by increased federal and state funding. Meanwhile, Canada's construction industry is experiencing a boom driven by a housing surge due to population growth. This infrastructure development is expected to further drive the demand for coil coatings, as they are essential for maintaining the durability and aesthetic appeal of construction materials. The market is characterized by fragmentation, with key players such as AkzoNobel N.V., Beckers Group, The Sherwin-Williams Company, and PPG Industries, Inc. holding significant positions.

Explore More

North America Coil Coatings Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rising Construction Activities Across the Region

      2. 1.1.2 Stringent Environmental Regulations for Conventional Products

    2. 1.2 Restraints

      1. 1.2.1 Increasing Demand for Light Weight Materials in the Automobile Industry

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin Type

      1. 2.1.1 Polyester

      2. 2.1.2 Polyvinylidene Fluorides (PVDF)

      3. 2.1.3 Polyurethane(PU)

      4. 2.1.4 Plastisols

      5. 2.1.5 Other Resin Types

    2. 2.2 End-user Industry

      1. 2.2.1 Building and Construction

      2. 2.2.2 Industrial and Domestic Appliances

      3. 2.2.3 Automotive

      4. 2.2.4 Furniture

      5. 2.2.5 HVAC

      6. 2.2.6 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Coil Coatings Market Size FAQs

The North America Coil Coatings Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

AkzoNobel N.V., Beckers Group, The Sherwin-Williams Company and PPG Industries, Inc. are the major companies operating in the North America Coil Coatings Market.

North America Coil Coating Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)