Global Metal Coatings Market to Register 6.1% CAGR to 2026, Predicts M&M in Its New Report Available at MarketPublishers.com
26 Dec 2016 • by Natalie Aster
LONDON – The global market for metal coatings is likely to amount to USD 14.34 billion by 2026, registering a 6.1% CAGR through to 2026. The key drivers of the market are the enhanced performance of coatings available at favourable prices, alongside the escalating uptake from various application areas, increased growth in its end-use sectors, and the soaring demand from the emerging economies.
Metal coatings are mainly utilised in the automotive and transportation, building and construction, consumer items and appliances, marine finish and protective coatings, amid others. In the recent years, it has been observed that the aluminum sheets used in the building & construction domain are currently being substituted by plastic panels. This substitution has decreased the demand for architectural aluminum in the marketplace, which turned out to have had a bearing on the demand for metal coatings.
Geography-wise, the APAC region captured the largest market share as of 2015, in terms of value and volume. This is due to a hike in the demand for metal coatings products of high quality, booming population across the region, and rising innovation and advances in end-use sectors.
New research report “Metal Coatings Market” by M&M examines the market worldwide, categorised based on process, type, technology, and end-user. A detailed regional market analysis is included as well.
The study gives an insightful analysis of the major industry trends, offers a market share analysis of the leading players, gives a value chain analysis, and profiles the dominant companies, alongside presenting deep, accurate insights into the competitive landscape. The report canvasses the high-growth and emerging market segments, identifies the high-growth geographic regions, and casts light on the key market growth restraints, driving factors, and bright opportunities lying ahead.
More in-demand research reports by this publisher, please, follow to the M&M page.