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

The report covers North America Coil Coating Companies and the market is segmented by Resin Type (Polyester, Polyvinylidene Fluorides, Polyurethane, Plastisol's, and Other Resin Types), End-user Industry (Building and Construction, Industrial and Domestic Appliances, Automotive, Furniture, HVAC, and Other End-user Industries), and Geography (US, Canada, Mexico, and Rest of North America).

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North America Coil Coatings Market Size

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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

Compare market size and growth of North America Coil Coatings Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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 Market Trends

This section covers the major market trends shaping the North America Coil Coatings Market according to our research experts:

Increasing Demand from Building & Construction Industry

  • The increasing demand of coil coatings is primarily due to its extensive use as coated material in end-user industries, such as construction, rapid industry development, urbanization, increase in per capita income, along with rise in consumer spending.
  • Wood panels, roofs, metal sheets are some of the products, which are using in coating material for construction industry. These products are also providing artistic appeal to commercial and residential buildings. Additionally, rising non-residential construction activities, including commercial building, manufacturing industries, and factories, have activated the demand for coil coatings to sustain in harsh weather conditions.
  • Coil coating is basically a multi-layer coating of pigments, resins, and primers that are used to coat metal sheets, such as aluminum and steel. They are used to protect the material against harsh environmental conditions and also for providing corrosion resistance.
  • The US construction industry is among the world鈥檚 largest, with annual expenditures worth USD 1,231 billion. New construction projects are taking place all over the country.
  • The US construction industry continued to expand owing to a strong economy and positive market fundamentals for commercial real estate, along with an increase in federal and state funding for public works and institutional buildings.
  • Construction industry in Canada is on an upswing, due to housing boom. A population increase is due to an influx of people from other provinces, which led to rising demand for housing, which in turn, fueled a flurry of construction.
  • As the infrastructure is expected to grow in North America, the use of coil coatings in construction industry is also likely to increase, thus driving the market during the forecast period.
North America coil coatings market forecast

United States to Dominate the Market

  • The construction industry in the United States continued to expand, owing to a strong economy and positive market fundamentals for commercial real estate, along with an increase in federal and state funding for public works and institutional buildings. 
  • The US residential sector鈥檚 growth is slower than the non-residential sector. In the country, the growing population is expected to boost the demand for housing. Furthermore, about 20 million households are projected to be constructed over the next decade.
  • Some of the upcoming projects that are in the pipeline for the construction sector to boom in the country are: 
  • City officials in San Francisco recently unveiled designs for the South San Francisco Civic Center campus. It will include a new library, a parks and recreation center, and new City Council chambers. The budget for the project is estimated to be at USD 210 million. 
  • The University of Illinois at Chicago (UIC) has recently announced plans for a USD 95 million Center for the Arts to be built on its campus. The 88,000-square-foot building will be used primarily by the UIC鈥檚 School of Theatre & Music. 
  • Owing to all these factors, the demand for coil coatings in the country is expected to increase during the forecast period.
North America coil coatings market growth

North America Coil Coatings Industry Overview

The North America coil coatings market is expected to be fragmented in nature, with the many players occupying a good position in the market. Key players in the North America coil coatings market include AkzoNobel N.V., Beckers group, The Sherwin-Williams Company, and PPG Industries, Inc., among others.

North America Coil Coatings Market Leaders

  1. AkzoNobel N.V.

  2. Beckers Group

  3. The Sherwin-Williams Company

  4. PPG Industries, Inc.

*Disclaimer: Major Players sorted in no particular order

Wacker Chemie AG, Arkema Group, Bayer AG, BASF SE, Evonik Industries AG, Henkel AG & Co. KGaA, Solvay
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North America Coil Coatings Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Rising Construction Activities Across the Region

      2. 4.1.2 Stringent Environmental Regulations for Conventional Products

    2. 4.2 Restraints

      1. 4.2.1 Increasing Demand for Light Weight Materials in the Automobile Industry

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resin Type

      1. 5.1.1 Polyester

      2. 5.1.2 Polyvinylidene Fluorides (PVDF)

      3. 5.1.3 Polyurethane(PU)

      4. 5.1.4 Plastisols

      5. 5.1.5 Other Resin Types

    2. 5.2 End-user Industry

      1. 5.2.1 Building and Construction

      2. 5.2.2 Industrial and Domestic Appliances

      3. 5.2.3 Automotive

      4. 5.2.4 Furniture

      5. 5.2.5 HVAC

      6. 5.2.6 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Mexico

      4. 5.3.4 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Coil Coaters

        1. 6.4.1.1 ArcelorMittal

        2. 6.4.1.2 Arconic

        3. 6.4.1.3 BDM Coil Coaters

        4. 6.4.1.4 CENTRIA

        5. 6.4.1.5 CHEMCOATERS

        6. 6.4.1.6 Dura Coat Products

        7. 6.4.1.7 Goldin Metals Inc.

        8. 6.4.1.8 JUPITER ALUMINUM CORPORATION

        9. 6.4.1.9 Metal Coaters System

        10. 6.4.1.10 Norsk Hydro ASA

        11. 6.4.1.11 Novelis

        12. 6.4.1.12 Tata Steel

        13. 6.4.1.13 Tekno

        14. 6.4.1.14 Thyssenkrupp

        15. 6.4.1.15 United States Steel

      2. 6.4.2 Paint Suppliers

        1. 6.4.2.1 AkzoNobel N.V.

        2. 6.4.2.2 Axalta Coatings Systems

        3. 6.4.2.3 Beckers Group

        4. 6.4.2.4 Kansai Paint Co., Ltd.

        5. 6.4.2.5 PPG Industries Inc.

        6. 6.4.2.6 NIPPONPAINT Co., Ltd.

        7. 6.4.2.7 The Sherwin-Williams Company

        8. 6.4.2.8 Hempel A/S

      3. 6.4.3 Pretreatment, Resins, Pigments, and Equipment

        1. 6.4.3.1 Wacker Chemie AG

        2. 6.4.3.2 Arkema Group

        3. 6.4.3.3 Bayer AG

        4. 6.4.3.4 BASF SE

        5. 6.4.3.5 Evonik Industries AG

        6. 6.4.3.6 Henkel AG & Co. KGaA

        7. 6.4.3.7 Solvay

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Demand for Fluoropolymer Coatings for Architectural Applications

**Subject to Availability
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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
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North America Coil Coatings Market Research 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.

The report covers the North America Coil Coatings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Coil Coatings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Coil Coating in North America Industry Report

Statistics for the 2024 Coil Coating in North America market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Coil Coating in North America analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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