Report Overview:
Coil coatings are specialized paints applied to metal coils before fabrication, providing durability, corrosion resistance, and aesthetic appeal for various applications in construction, appliances, and automotive industries.
The Asia Pacific coil coatings market is experiencing robust growth, driven by rapid urbanization and infrastructure development. China dominates with a 50% market share, followed by India at 20% and Japan at 15%. In 2023, the construction industry consumed 60% of total production, with appliances at 25% and automotive at 10%. The market saw a 9% increase in demand for cool roof coatings due to energy efficiency concerns. Key players include AkzoNobel N.V. (Netherlands) and PPG Industries, Inc. (USA), collectively holding a 45% market share in the region.
Market Value:
The Asia Pacific Coil Coatings market size was valued at US$ 3.24 billion in 2024 and is projected to reach US$ 4.37 billion by 2030, at a CAGR of 5.1% during the forecast period 2024-2030.
CAGR of 5.1%
(2025 – 2032)
By Types:
• Polyester Coil Coating
• Polyvinylidene Fluoride (PVDF) Coil Coating
• Polyurethane (PU) Coil Coating
• Plastisol Coil Coating
• Others
Key players include:
• Akzo Nobel N.V.
• PPG Industries, Inc.
• Beckers Group
• Nippon Paint Co., Ltd.
• Kansai Paint Co., Ltd.