Global Pre-Painted Metals Market to Reach $35.6 Billion by 2030
The global market for Pre-Painted Metals estimated at US$19.6 Billion in the year 2023, is expected to reach US$35.6 Billion by 2030, growing at a CAGR of 8.9% over the period 2023-2030. Pre-Painted Steel, one of the segments analyzed in the report, is expected to record 8.2% CAGR and reach US$25.8 Billion by the end of the analysis period. Growth in the Pre-Painted Aluminum segment is estimated at 10.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 12.5% CAGR
The Pre-Painted Metals market in the U.S. is estimated at US$5.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.
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