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Global Pre-Painted Metal Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

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Global Pre-Painted Metal Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

Global Pre-Painted Metal Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

  • Published Date: 24 Jan 2020
  • Report ID: CMFE 0002
  • Pages:163
  • Base Year: 2019
  • Format: PDF
  • Historical Data:: 2016-2019

Pre-painted metal is anticipated to make inroads at a value CAGR of ~11% over 2019-2028. According to a study published by Insure Insights on the pre-painted metal market, The growing construction activities in developed and developing countries is anticipated to augment the demand in the global pre-painted metal market.

Top Driver: Rising demand for lightweight materials in automotive industry

The demand for passenger cars as well as electronic vehicles is increasing rapidly owing to the growing purchasing power of the consumers. Thus, with the growing automotive industry, the demand for the aluminum metal is increasing for manufacturing electric vehicles. Aluminum metals are used for manufacturing components such as oil filter caps, body-in-white of cars, heat sinks, spark plugs, valve plate, and wiper blade assemblies. Aluminum coil coatings are also used as polishing material for paint plastic and brake rims. The rough nature of aluminum, along with strong electrical and thermal properties, makes it essential for the automotive industry. The aluminum metal also offers a durable finish and high endurance against wear and tear, and the coating process reduces cost, time, and energy consumption while manufacturing electric vehicles. All such factors are expected to accelerate the growing demand for aluminum metal in the automotive industry.

Construction to Make Crucial Contribution to Growth of Global pre-painted metal Market

Among application segments of the global pre-painted metal market, construction is predicted to show significant growth in the future. The demand for steel metal is increasing majorly from the construction industry, and it is expected that the trend will continue with rising residential and commercial construction activities worldwide. In recent years there has been an increase in the construction of homes, hospitals, commercial buildings, hotels, and malls in countries such as India, China, Saudi Arabia, and the US. In the US, construction activities are increasing every year by 6%-8%.  Thus, rising construction activities are expected to create the rising demand for pre-painted sheets of steel and aluminum for roofing structures, ceiling systems, facades, and cladding system.

Increasing use of Pre-Painted Meals in Multiple industries to Benefit North America Market

North American countries such as the US are generating major is a demand for pre-painted metals, and the trends in expected to continue during the forecast period. Automotive, construction, and transportation sectors are the major demand generation for pre-painted metals and sheets. In the region, the demand for electric vehicles and light vehicles are increasing for automotive paint coatings. Further, the construction activities in the region are rapidly increasing. As per the US Census Bureau, spending on residential construction in the US increased by more than 2.8% in 2018 as compared to 2017. Such, increasing activities are also creating immense demand for pre-painted metals for partitions, roofing, and walls.

Players to Focus on Expanding Applications in Variety of Industry

The global pre-painted metal market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Vorteq Coil Finishers, LLC, Nippon Steel Corp., Tata BlueScope Steel, Haomei, ArcelorMittal, SSAB, Flack Global Metals, MMK Group, Impol, UNICOIL, and NLMK among others could be at the forefront of the competition in the global pre-painted metal market.

Flack Global Metals: In November 2019, the company announced to establish a new coil coating and metal processing facility adjacent to Big River Steel’s Flex Mill located in Osceola, Arkansas, US. The company is planning to invest approximately $150 million in order to increase production capability to the Big River Steel campus for pre-painted steel and aluminum coils.

Vorteq Coil Finishers LLC: In October 2019, the company acquired all the assets of Western Metal Decorating (Western), the US based company specialized in coated aluminum and steel products for pre-painted markets. Under this acquisition the company will change Western’s name to Vorteq Pacific LLC. Through the new band the company is trying to continually broaden its processing capabilities and geographic reach in the pre-painted metals industry to offer better service to diverse national customers.

Scope of the Report

By Product

  • Steel
  • Aluminum

By Application

  • Construction
  • Transportation
  • Consumer electronics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Pre-painted Metal Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Pre-painted Metal Market -Industry Snapshots

6.1             Overview

6.1.1          Global Pre-painted Metal Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Pre-painted Metal Market Analysis, by Product

7.1             Overview

7.2             Key Findings for Pre-painted Metal Market- By Product

7.2.1          Pre-painted Metal Market- Steel

7.2.2          Pre-painted Metal Market- Aluminium

Chapter 8           Global Pre-painted Metal Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Pre-painted Metal Market- By Application

8.2.1          Pre-painted Metal Market- Construction

8.2.2          Pre-painted Metal Market- Transportation

8.2.3          Pre-painted Metal Market- Consumer electronics

8.2.4          Pre-painted Metal Market- Others

Chapter 9           Pre-painted Metal Market Analysis by Region

9.1             Key Findings for Pre-painted Metal Market- By region

9.2             Overview

9.2.1          Global Pre-painted Metal Market Analysis, By Product, 2019 – 2028

9.2.2          Global Pre-painted Metal Market Analysis, By Application, 2019 – 2028

9.3             Pre-painted Metal Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Product

9.3.6          North America Market, By Application

9.4             Pre-painted Metal Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Product

9.4.8          Europe Market, By Application

9.5             Pre-painted Metal Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Product

9.5.7          Asia Pacific Market, By Application

9.6             Pre-painted Metal Market – LAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          Latin America

9.6.4          Rest Of World

9.6.5          Latin America, Middle East and Africa Market, By Product

9.6.6          Latin America, Middle East and Africa Market, By Application

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Nippon Steel Corporation

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           ArcelorMittal

11.3           SSAB

11.4           American Douglas Metals, Inc.

11.5           Shandong Kerui Steel Plate Co., Ltd.

11.6           Tata BlueScope Steel

11.7           MMK

11.8           Voestalpine AG

11.9           NLMK

11.10        Haomei

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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