Title: Coated Steel Market
1MarketsandMarkets Presents
Coated Steel Market reported to reach 26.68
Billion USD by 2020
2The report "Coated Steel Market by Resin Type
(Polyester, Fluoropolymer, Siliconized Polyester,
Plastisol, and Others), by Application (Building
Construction, Appliances, Automotive, and
Others) - Global Forecast to 2020", The global
coated steel market (20152020) is projected to
reach USD 26.68 Billion by 2020 registering a
CAGR of 5.30 between 2015 and 2020. 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.
3- Browse 79 market data Tables
- 72 Figures spread through 167 Pages
- in-depth TOC on "Coated Steel Market by Resin
Type (Polyester, Fluoropolymer, Siliconized
Polyester, Plastisol, and Others), by Application
(Building Construction, Appliances, Automotive,
and Others) - Global Forecast to
2020"http//www.marketsandmarkets.com/Market-Repo
rts/coated-steel-market-173368855.html - Download PDF Brochure http//www.marketsandmarke
ts.com/pdfdownload.asp?id173368855 - Early buyers will receive 10 customization on
reports.
4Growing demand from end-use industries is driving
the demand for coated steel 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 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.
5.
- Polyester the largest resin type for coated steel
- In 2015, the polyester resin 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. - Asia-Pacific is the largest market for coated
steel, both in terms of volume and value,
followed by Europe and North America. Countries
such as the China, India, South Korea, Russia,
and the U.S. and the Middle Eastern countries are
the major markets of coated steel. Due to
increasing demand on the domestic front,
increasing income levels and easy access to
resources, Asia-Pacific has emerged as the
leading market of coated steel. - Speak to Analyst http//www.marketsandmarkets.com
/speaktoanalyst.asp?id173368855
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