Coil Coatings Market Analysis, Segments And Forecasts To 2022: Grand View Research, Inc

Growing coil coatings demand in construction, automotive and electrical & electronics industries on account of its superior properties such as stain resistance, corrosion resistance and flexibility compared to conventional coatings is expected to drive the global market growth over the forecast period. Increasing coil coatings penetration in pharmaceutical packaging and aerospace applications is expected to have a positive impact on the global market growth. Steel and aluminium are among the most dominant application segments for coil coatings. Increasing steel and aluminium demand in construction and transportation industries respectively is expected to further drive coil coatings demand. This trend is expected to fuel the market growth over next six years. Due to its strain resistance and flexibility, coil coatings are gaining acceptance in packaging materials.
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