Comprehensive Report on Coil Coating Market by Knowledge Sourcing Intelligence - Forecasts from 2018-2023
Coil Coating is referred to as a continuous and automated process, also considered as one of the most advanced methods for metal coating before being fabricated to end products. The process involves a metal substrate steel or aluminium which is in the form of a coil from the rolling mills. This is further placed at the starting point of the coating line, the metal sheet is then unwound, pre-cleaned, pre-treated, pre-primed, and pre-painted. The process takes place all in one go before it again recoils on the other end and packed for shipment.
The growing popularity of the coil coating is mainly attributed to providing superior characteristics in comparison to other options available in the market. Some of the benefits include aesthetic appeal in addition to providing durable surfaces and sustainability among others. Coil coating makes pre-painted metals weatherproof, corrosion-resistant, waterproof, UV resistant and even provide protection against smog.Growing consumer electronics industry, advancements in coil coating, growing construction activities due to rapid urbanization, and stringent regulatory standards are driving the growth of the global coil coating market during the forecast period of 2018-2023.
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The market research provides a detailed analysis of the coil coating industry on the basis of various segments – by resin type, by end use industry, and by geography. Major drivers, restraints, and opportunities have been mentioned in order to provide an exhaustive picture of the market.
In addition, the current market trends related to the demand, supply, sales,and recent developments have been provided in this report. The report also analyses the major industry players in the global coil coating market and provides a comprehensive forecast up to the period of 2023 with 2017 as the base year.