Coil Coatings Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
184 Page Report
Rise in Non-residential Construction Activities to Fuel
Demand for Coil Coatings, reports TMR
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Coil Coatings Market
Coil Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Although the global coil coatings market demonstrates a consolidated structure, the degree of competition is
relatively high within the market. In 2014, the top four coil coatings producers, namely, Akzo Nobel N. V, The
Valspar Corp., PPG Industries Inc., and Beckers Group, represented 56% of the market, reports Transparency
Market Research in a new study.
However, the recent acquisition of Valspar Corp. by Sherwin Williams is likely to change the dynamics of the
competitive landscape of this market. Valspar Corp. boasts of a robust global presence, which is expected to
open lucrative sales channels for Sherwin Williams in the highly dynamic emerging countries of Asia Pacific
and the Middle East and Africa. Other leading players are also projected to develop their distribution channels
in order to establish a strong reach across the world.
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Increasing Construction Projects Boost Demand for Coil Coatings
The demand for coil coatings is directly proportional to the growth in the construction industry. Nowadays, the
number of construction projects is reporting a significant increase in economies such as the U.S., Canada,
Mexico, Australia, India, China, Indonesia, Brazil, and Turkey on account...