Coil Coatings Market to Grow by USD 2.1 Billion (2025-2029), Driven by Building & Construction Demand; AI-Powered Market Evolution - Technavio
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Update time : 2025-01-16 21:08:00
NEW YORK, Jan. 15, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global coil coatings market size is estimated to grow by USD 2.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 5.7% during the forecast period. Increasing demand from building and construction sector is driving market growth, with a trend towards increasing number of mergers and acquisitions among vendors. However, volatility in raw material prices of coil coatings poses a challenge. Key market players include Akzo Nobel NV, Allnex GMBH, Axalta Coating Systems Ltd., BASF SE, Beckers Group, BlueScope Steel Ltd., Bulk Chemicals Inc., Cabot Corp., Covestro AG, Englert Inc., Euramax, Henkel AG and Co. KGaA, Kansai Paint Co. Ltd., Material Sciences Corp., Nippon Paint Holdings Co. Ltd., Northern Coatings and Chemical Co., PPG Industries Inc., Salchi Metalcoat Srl, The Sherwin Williams Co., and Wacker Chemie AG.
