Home Impact producer $23.34 Billion Global Markets of Prepainted Steel Coils (Metal Buildings, Pole Frame Buildings) to 2030

$23.34 Billion Global Markets of Prepainted Steel Coils (Metal Buildings, Pole Frame Buildings) to 2030

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Global Pre-Painted Steel Coil Market

Global Pre-Painted Steel Coil Market

Global Pre-Painted Steel Coil Market

Dublin, May 02, 2022 (GLOBE NEWSWIRE) — The “Cool Coated Steel Coil Market Size, Share and Trend Analysis Report by Application (Metal Buildings, Post-Frame Buildings), By Region (North America, Europe, Asia-Pacific, Latin America , MEA) and Segment Forecast, 2022-2030″ report has been added to from ResearchAndMarkets.com offer.

The global pre-coated steel coil market size is expected to reach USD 23.34 billion by 2030 and is projected to grow at a CAGR of 7.9% from 2022 to 2030.

Growth in e-commerce and retail activity should bode well for growth over this period. Coil coated steel coils are used for roofing and wall panels of buildings, and their consumption in steel frame and pole buildings is increasing.

The metal building segment is expected to witness the highest consumption during the forecast period owing to the demand from commercial buildings, industrial buildings, and warehouses. Consumption of post-frame buildings was driven by the commercial, agricultural and residential segments.

The COVID-19 pandemic has led to an increase in online shopping activity. This has led to growing warehousing needs around the world. E-commerce companies are stepping up their business owing to the increase in online shopping by consumers.

For example, e-commerce companies in developing economies such as India have tendered large warehouse spaces in the range of 4 million square feet to expand their operations in cities. metropolitan areas in 2020. Indian urban logistics space demand of around 7-million square feet is expected to be seen by 2022.

Pre-Painted Steel Coil is manufactured using hot-dip galvanized steel coil as the substrate which is coated with layers of organic coating to prevent it from rusting. A special coat of paint is applied to the back and top of the steel coil. There may be two or three layers of coating, depending on the application and customer requirements.

This is sold to roofing and wall panel manufacturers directly from pre-coated steel coil manufacturers, service centers or third-party distributors. The market is fragmented and characterized by strong competition due to the presence of Chinese manufacturers selling all over the world. Other manufacturers sell in their region and compete on the basis of product innovation, quality, price and brand reputation.

Recent technological innovations such as no-rinse pre-treatment, thermal paint curing techniques using infrared (IR) and near infrared (IR), and new techniques that allow efficient collection of volatile organic compounds (VOCs) have improved product quality and cost competitiveness of producers.

To mitigate the impact of COVID-19 on operations, many manufacturers have sought ways to minimize lost market opportunities for growth by investing in R&D, accessing financial and capital markets, and mobilizing financial resources internally to generate cash flow.

The players also have their own service centers with slitting, cut-to-length and processing activities to offer customized solutions with lower minimum order quantities (MOQs). Industry 4.0 is another trend that is gaining importance during the post-COVID era to reduce losses and costs.

Highlights of the Prepainted Steel Coil Market Report

  • In terms of revenue, the metal building application segment is expected to register the highest growth rate from 2022 to 2030. The industrialization and growth of online retail markets across the globe has given rise to the demand of industrial storage and warehouse space, as the number of e-commerce and distribution stores has increased

  • The metal building applications segment accounted for more than 70.0% of global volume in 2021 and was driven by growth in the commercial and retail segments. Commercial buildings dominated the segment in 2021 and are expected to be driven by growing demand for warehouses and cold rooms

  • Asia-Pacific was the largest regional market in 2021, in terms of volume and revenue. Investment in pre-engineered buildings (PEB) has been the main driver of market growth

  • North America is expected to show the highest CAGR from 2022 to 2030, in terms of volume and revenue. Growing developer preference for pre-engineered buildings and modular construction contributes to this demand

  • The industry is fragmented and characterized by high competition due to the presence of prominent Chinese manufacturers serving major geographies around the world.

Main topics covered:

Chapter 1. Methodology and scope
1.1. Market segmentation and scope
1.2. Market definition
1.3. Acquiring information
1.4. Information analysis
1.5. Market formulation and data visualization
1.6. Data validation and publication

Chapter 2. Executive Summary
2.1. Market overview
2.2. Market overview
2.3. Sector outlook

Chapter 3. Prepainted Steel Coil Market Variables, Trends and Scope
3.1. Global Pre-Painted Steel Coil Market Outlook
3.2. Mapping of penetration and growth prospects
3.3. Industry Value Chain Analysis
3.3.1. Commodity Trends
3.3.1.1. Steel
3.3.1.2. Aluminum
3.3.1.3. Zinc
3.3.2. Sales channel analysis
3.3.3. List of potential end users
3.4. Technology Overview
3.5. Regulatory framework
3.6. Impact of COVID-19
3.7. Market dynamics of pre-coated steel coils
3.8. Porter’s Five Forces Analysis
3.9. PESTEL analysis

Chapter 4. Pre-Painted Steel Coil Market: Application Estimates and Trend Analysis
4.1. Definition and scope
4.2. Analysis of application movement and market share, 2021 and 2030
4.3. Metal buildings
4.3.1. Coil Coated Steel Coil Market Estimates & Forecast, by Metal Buildings, 2017-2030 (USD Million) (Kilotons)
4.3.2. Automotive buildings
4.3.3. agricultural building
4.3.4. Aeronautical buildings
4.3.5. Commercial buildings
4.3.6. Residential buildings
4.4. Post Frame Buildings
4.4.1. Prepainted Steel Coil Market Estimates & Forecast, by Post-Frame Buildings, 2017-2030 (USD Million) (Kilotons)
4.4.2. Automotive buildings
4.4.3. Agricultural buildings
4.4.4. Aeronautical buildings
4.4.5. Commercial buildings
4.4.6. Residential buildings

Chapter 5. Regional Market Estimates and Trend Analysis
5.1. Regional movement analysis and market share, 2021 and 2030

Chapter 6. Prepainted Steel Coil Market: Competitive Analysis
6.1. Recent Developments and Impact Analysis, by Key Market Players
6.2. Categorization of companies (market leaders, emerging players, key innovators)
6.3. Supplier Landscape
6.3.1. Analysis of the company’s ranking in the market
6.3.2. Major transactions and strategic alliances
6.3.3. List of major raw material suppliers, distributors and other manufacturers

Chapter 7. Business Profiles

  • ArcelorMittal

  • Alucosuper new materials Co., Ltd.

  • Batie Metal Products (Shandong) Co., Ltd.

  • COASTEEL

  • Dana Steel Industry LLC

  • Nippon Steel Coated Sheet Corporation

  • NLMK

  • POSCO

  • UNICOIL

  • Shanghai Metal Corporation

  • Tata BlueScope Steel

For more information on this report, visit https://www.researchandmarkets.com/r/e6dxzr

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