The Coil Coatings Market size is estimated at USD 1.51 billion in 2024, and is expected to reach USD 1.86 billion by 2029, growing at a CAGR of 4.32% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market. The pandemic jeopardized building construction and engineering projects worldwide in numerous ways, and many projects were closed or halted, decelerating the growth of the coil coatings market during the pandemic crisis. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
The coil coatings market is fragmented in nature. The major players in this market (not in a particular order) include Akzo Nobel N.V., Beckers Group, PPG Industries, Inc., The Sherwin-Williams Company, and Nippon Paint Holdings Co., Ltd., among others.
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