DUBLIN, March 28, 2024 /PRNewswire/ -- The "Global Architectural Metal Coatings Market by Resin Type (Polyester, Fluoropolymer), Coil Coating Application (Roofing & Cladding, Wall Panels & Facades), Extrusion Coating Application (Curtain Walls, Store Front) and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

The global architectural metal coatings market size is projected to grow from USD 5.3 billion in 2023 to USD 6.7 billion, at a CAGR of 4.6%. The utilization of metal architecture in both residential and commercial building wall applications has gained significant popularity in recent times. Metal cladding offers a plethora of advantages over conventional materials, making it a compelling choice for architects and builders alike. One of the most notable benefits lies in its effectiveness for roofing projects. Metal cladding, particularly for slanted roofs, is preferred due to its ability to ensure efficient moisture and snow runoff. Moreover, it stands out as one of the most visually appealing and robust cladding options available in the contemporary market. While the initial cost of metal roof cladding may exceed that of other roofing materials, its exceptional durability justifies the investment.

The polyester segment is expected to register one of the highest market share during the forecast period

Polyester architectural metal coatings offer a range of uniform properties, including excellent bendability, hardness, gloss effects, and resistance to UV radiation, chemicals, scratching, and light. They are commonly applied in various applications such as industrial buildings, cladding sheets, roofing tiles, and engineering structures. These coatings exhibit sunlight resistance and structural integrity, making them well-suited for demanding engineering industry applications.

The coil coating segment is expected to register one of the highest market share during the forecast period

The application of coil coatings in the architectural metal coatings market is a multifaceted landscape, encompassing various segments such as roofing & cladding, wall panels & facades, fascia & soffits, and other specialized applications like entry and garage doors. Coil coating, as an industrial process, entails the application of coatings to metal surfaces before they undergo fabrication. This approach has gained immense popularity for its versatility and applicability across a wide spectrum of industries and applications. One of the primary domains where coil-coated products find extensive use is in building exteriors, where they serve as a cornerstone for both functional and aesthetic enhancements. Beyond that, they are instrumental in an array of interior finish applications, including ceilings and walls. These coatings play a pivotal role in enhancing the overall durability and performance of pre-formed metal coils, making them resilient against adverse weather conditions and corrosion.

Asia-Pacific architectural metal coatings market is estimated to capture one of the highest share in terms of volume during the forecast period

Asia-Pacific emerges as the largest and fastest-growing market, attributed to its robust economic growth rate and substantial investments in end-use industries. This region's dominance is further bolstered by global industry leaders establishing production bases, launching sales offices, and strengthening distribution networks within its boundaries. Such strategic moves are not only a testament to sustained demand but also a tactic to capture increased profit margins by leveraging the region's demand dynamics and cost-efficient production environments. However, the market's trajectory is not without its challenges. Economic uncertainties, the volatility of raw material prices, and the fierce competition among regional market players present considerable hurdles. Yet, the adherence to stringent regulatory standards across these regions signifies the industry's dedication to maintaining quality and ensuring compliance with biocompatibility standards.

Key Topics Covered:

Executive Summary

• Architectural Metal Coatings Market Snapshot (2023 vs. 2028)

• Polyester to be Largest Resin Segment in Architectural Metal Coatings Market

• Coil Coatings Application to Dominate Market During Forecast Period

• Wall Panels & Facades to Account for Largest Share in Coil Coatings Application

• Curtain Walls to Account for Largest Share in Extrusion Coatings Application

• Asia-Pacific to Record Highest CAGR During Forecast Period

Premium Insights

• Attractive Opportunities for Players in Architectural Metal Coatings Market - Emerging Economies to Offer Lucrative Growth Opportunities for Market Players

• Architectural Metal Coatings Market, by Resin Type - Polyester Segment to Dominate Market During Forecast Period

• Architectural Metal Coatings Market in Asia-Pacific, by Resin Type and Country - China Accounted for Largest Share of Architectural Metal Coatings Market in Asia-Pacific

• Architectural Metal Coatings Market, Developed vs. Emerging Economies - Emerging Countries to Witness Faster Growth Than Developed Countries

• Architectural Metal Coatings Market, by Key Countries - India to Record Highest CAGR During Forecast Period

Market Dynamics

Drivers

• Growth of Construction Industry in Emerging Economies

• Government Investments in Infrastructure Projects

• Increasing Use of Architectural Metal Coatings for Wall Cladding and Roofing of Buildings

Restraints

• Availability of Low-Cost Products

• Increasing Demand for Substitute Products Such as Bio-based Polymers

Opportunities

• Growth in Adoption of SMP Coatings for Architectural Applications

• Shift in Production Base of Key Players to Emerging Economies

Challenges

• Rising Cost of Raw Materials

Technology Analysis

• Key Technology

  • Polyester

• Complimentary Technologies

  • Silicone-Modified Polyester

• Adjacent Technologies

  • Silicone Modified Polyacrylates

  • Polyurethane

  • Polyvinylidene Difluoride

Case Study Analysis

• Case Study 1: Maynard H. Jackson Jr. International Terminal Hartsfield-Jackson International Airport Atlanta, Georgia

• Case Study 2: David L. Lawrence Convention Center Pittsburgh, Pennsylvania

• Case Study 3: Del Valle High School

Companies Profiled

• The Sherwin-Williams Company

• PPG Industries, Inc.

• Akzo Nobel N.V.

• Axalta Coating Systems Ltd.

• Nippon Paint Holdings Co. Ltd.

• Beckers Group

• Kansai Paint Co. Ltd.

• Wacker Chemie AG

• Hempel A/S

• Noroo Coil Coatings Co. Ltd.

• Yung Chi Paint & Varnish Mfg. Co. Ltd.

• Jotun A/S

• Alcea S.P.A.

• Titan Coatings, Inc.

• Replasa Advanced Materials, SA

• Kcc Corporation

• Jiangsu Kaopule New Materials Co. Ltd.

• Kge Group

• Jiangsu Lanling Chemical Group Co. Ltd.

• Linuo Group

For more information about this report visit https://www.researchandmarkets.com/r/49576j

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-architectural-metal-coatings-market-forecast-to-2028---shift-in-production-base-of-key-players-to-emerging-economies-302101087.html

SOURCE Research and Markets