Color Coated Steel Market: Projected to Show Strong Growth 2025
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Color
Coated Steel is cold rolled steel and galvanized steel substrate. It
is surfaced preparation and applied a continuous coating, which made
after baking and cooling products. Coated steel sheet is light,
beautiful and good corrosion resistance. It could be directly
processed and apply in Construction, shipbuilding, vehicle
manufacturing, the furniture industry, electrical industry to provide
a new type of raw material. It played with steel and wood, efficient
construction, energy conservation, pollution prevention and other
good results.
The major driver identified for the global coated steel market is growing demand from end-use industries such as construction, automotive, and appliances; stiff competition in the coated steel industry; inexpensive than electro-galvanizing process; product quality and differentiation; durability of cut edges; and fluoropolymer continue to grow in the building & construction market.
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The
growth of the downstream industries is the key driving force for the
coated steel market. For example, in the refrigerator market, the
sales in the Asia-Pacific region have witnessed a steady growth in
the past few years. China, Korea, Japan and India are the key
production hubs of refrigerators due to huge domestic demand and low
production costs. The great demand from such end-use industry has
driven the market for coated steel. The increasing potential to spend
on upgrades for kitchens, roofing, and basic home improvements and
additions most of which include steel coated products are driving the
coated steel market.
In 2016, the polyester color coated steel segment accounted for the largest market share, in terms of value. Polyester resins form highly durable structures and coatings are cross-linked with a vinylic reactive monomer, which is most commonly styrene. The current industry trend highlights the use of polyester resin above all other resin types. In addition, it has limited use in the coatings industry primarily because curing is strongly inhibited by oxygen, leaving the surface of the polyester-coated steel soft and sticky. Due to these properties, the polyester-coated steel are the most broadly used coated steel, globally.
Color coated steel market is competitive and fragmented with a small number of large global firm, and thousands of smaller local companies, the concentration of this market is very low. Leading companies are BlueScope, Kerui Steel, NSSMC, ArcelorMittal, Dongkuk Steel, ThyssenKrupp, Baosteel, Severstal and U.S. Steel.
In 2016, the polyester color coated steel segment accounted for the largest market share, in terms of value. Polyester resins form highly durable structures and coatings are cross-linked with a vinylic reactive monomer, which is most commonly styrene. The current industry trend highlights the use of polyester resin above all other resin types. In addition, it has limited use in the coatings industry primarily because curing is strongly inhibited by oxygen, leaving the surface of the polyester-coated steel soft and sticky. Due to these properties, the polyester-coated steel are the most broadly used coated steel, globally.
Color coated steel market is competitive and fragmented with a small number of large global firm, and thousands of smaller local companies, the concentration of this market is very low. Leading companies are BlueScope, Kerui Steel, NSSMC, ArcelorMittal, Dongkuk Steel, ThyssenKrupp, Baosteel, Severstal and U.S. Steel.
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The global Color Coated Steel market is valued at 21000 million US$ in 2018 is expected to reach 30300 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025.
This report focuses on Color Coated Steel volume and value at global level, regional level and company level. From a global perspective, this report represents overall Color Coated Steel market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
The global Color Coated Steel market is valued at 21000 million US$ in 2018 is expected to reach 30300 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025.
This report focuses on Color Coated Steel volume and value at global level, regional level and company level. From a global perspective, this report represents overall Color Coated Steel market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BlueScope
Kerui Steel
NSSMC
ArcelorMittal
Dongkuk Steel
ThyssenKrupp
Baosteel
Severstal
U.S. Steel
Shandong Guanzhou
JSW Steel
NLMK Group
Dongbu Steel
Essar Steel
POSCO
JFE Steel
Ansteel
Wuhan Iron and Steel
Segment by Regions
North America
Europe
China
Japan
Segment by Type
PE Coated Steel
HDP Coated Steel
SMP Coated Steel
PVDF Coated Steel
Segment by Application
Construction
Home Appliance
Automotive
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