Coil Coatings Market Key Players, End User, Demand and Analysis Growth Trends by 2028Posted by Aparna P on August 30th, 2022  The global coil coatings market has been displaying linear growth over the past couple of years, and going forward it is expected to be on the rise. Coil coatings display properties of hardness, stain resistance, corrosion resistance, and flexibility that make them suitable for a number of applications
Rapid industrialization and urbanization in emerging economies of Asia Pacific such as China, India, and Indonesia is positively impacting the coil coatings market. These countries are some of the fastest growing economies in the world that are undergoing rapid industrialization and urbanization. This, in turn, is influencing end-use industries such as appliances, automotive, and construction that drive demand for coil coatings.
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On the contrary, expensive raw materials required for coil coatings and technology are likely to act as an obstacle for the market growth. Also, rising demand for metal substitutes such as polycarbonates that are highly engineered plastics will add to the market growth woes.
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