Coil Coatings for Building & Construction Market is predicted to reach USD 7,139.6 million at a CAGR of 4.48 % during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Coil Coatings for Building & Construction Market”.

The Coil Coatings for Building & Construction market is estimated to register a CAGR of 4.48% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Coil Coatings for Building & Construction market—

AkzoNobel NV, PPG Industries, Henkel, Wacker Chemie AG, Beckers Group, Sherwin-Williams Company, Groupe Mäder, Axalta Coating Systems, Nipponpaint Industrial Coatings Co., Ltd., Arkema, and Northern Coatings and Chemical Co.

Coil Coatings For Building Construction Market Highlights

The global Coil Coatings for Building & Construction market accounted for registering a CAGR of 4.48% during the forecast period and is estimated to reach USD 7,139.6 million by 2032.

Coil coatings for building & construction are a type of coatings which are applied on metal coils, specifically aluminum or steel before they are used for manufacturing various building structures or components. The process of coil coating involves the application of a series of coating to a metal coil which is then to be used in different products such as wall cladding, roofing panels, and other architectural elements. The coil coating process typically consists of three main steps namely pre-treatment, prime coating, and top coating. During pre-treatment, the metal surface is cleaned and treated to ensure proper adhesion of the coatings. The prime coat provides corrosion resistance and enhances the adhesion of the subsequent layers, while the topcoat provides aesthetic appeal, durability, and additional protection against environmental elements. These coatings serve as a protective shield, shielding the underlying metal from corrosion, weathering, and other environmental stresses. Additionally, these coatings offer an opportunity for aesthetic enhancement, enabling architects and designers to infuse structures with a spectrum of colors, finishes, and textures. This versatility empowers creative expression while ensuring durability and longevity in harsh climatic conditions.

The Global coil coating for building & construction market is expected to be driven by the advancement of the construction industry. Coil coatings are extensively used in metal roofing and wall cladding systems. The coatings provide protection against weathering, UV radiation, and corrosion, ensuring the durability and longevity of the metal panels. The uniform application of coil coatings ensures consistent quality and appearance across the entire surface of the panels. Additionally, the growing preference for metal building materials such as steel and aluminum have significant implications for the demand for coil coating in the building and construction market. Metal materials, such as steel and aluminum, are gaining popularity in the construction industry due to their durability, strength, and aesthetic appeal.  Metal panels, roofs, and sheets are being used extensively in commercial and residential buildings, providing artistic appeal and withstanding harsh weather conditions. The use of metal in construction requires coil coating to enhance its weather resistance and protect it from corrosion thus, driving the demand for coil coatings. However, the fluctuation in the prices of raw materials can impact the overall production costs making it challenging for coil coating manufacturers to maintain competitive pricing and restrain demand, especially during periods of high volatility. Furthermore, diversification of coil coating into niche applications within the building & construction industry provides significant opportunity for the growth of coil coatings market.

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Segment Analysis

The global Coil Coatings for Building & Construction market has been segmented based on Substrate, Resin Type, Coating Method, Application and Region.

In 2023, the steel segment held the market revenue share of 58.44% and this segment is expected to grow at a CAGR of 4.62% in the forecast period 2024-2032. Steel is a widely used substrate in the construction industry due to its strength, durability, and cost-effectiveness. In the context of coil coatings, steel refers to flat-rolled sheets or coils of steel that are coated with protective layers for various construction applications. These coatings not only enhance the aesthetics of steel surfaces but also provide crucial protection against corrosion, weathering, and abrasion. Coil coatings on steel are applied using advanced processes such as coil coating lines, where the steel substrate passes through multiple stages including cleaning, chemical treatment, primer application, coating, and curing. The coatings can be polyester, polyvinylidene fluoride (PVDF), or other specialized formulations tailored to specific performance requirements. In building and construction, steel coil coatings find extensive use in roofing, wall panels, cladding systems, and structural components. They offer excellent color retention, UV resistance, and thermal performance, making them suitable for both interior and exterior applications. Steel coil coatings also contribute to sustainability efforts by improving energy efficiency and reducing maintenance needs over the long term.

In 2023, the polyester segment held the largest market revenue share of 62.05% and is expected to grow at a CAGR of 4.68% in the projected period. Polyester resin is one of the most used coatings in the building and construction industry due to its cost-effectiveness and versatility. These coatings offer good durability, weather resistance, and color retention properties. Polyester coil coatings are applied through a process that involves cleaning the substrate, applying a primer, followed by the polyester topcoat, and then curing. They are suitable for various architectural applications such as roofing, cladding, and structural components, providing a wide range of color options and design flexibility. One of the main drivers for polyester resin coil coatings is their cost-effectiveness coupled with satisfactory performance. Polyester coatings offer a balance between affordability and durability, making them a popular choice for construction projects with budget constraints. Additionally, the availability of a wide range of color options and design flexibility further drives the demand for polyester resin coatings, as they can be customized to suit different architectural styles and preferences.

In 2023, the topcoats segment held the largest share of 79.76% of the market revenue, and in the forecast period, it is anticipated to grow by 4.57%. Topcoats are a crucial segment of coil coatings used in building and construction applications. These coatings are applied as the final layer over primers and backing coats to provide a protective and decorative finish to metal substrates. The primary function of topcoats is to enhance the aesthetics of surfaces while offering resistance against environmental factors such as UV radiation, weathering, corrosion, and mechanical damage. Topcoats play a vital role in preserving the color, gloss, and texture of coated surfaces over time. They are available in a variety of formulations, including polyester, polyurethane, PVDF, FEVE, and other specialty coatings. Each type of topcoat offers specific advantages in terms of durability, color retention, chemical resistance, and performance under different climatic conditions. In building and construction, topcoats are extensively used for roofing, wall panels, cladding systems, doors, window frames, and architectural elements. They contribute to the longevity, aesthetics, and functionality of metal components, making them suitable for both interior and exterior applications.

Regional Analysis

By Region, the Coil Coatings for Building & Construction market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia Pacific Coil Coatings for Building & Construction market holds a considerable market share during the forecast period. In 2023, the Asia Pacific region held the largest market revenue share of 36.81%, which is expected to grow at a CAGR of 4.58% in the forecast period 2024-2032. Asia Pacific is undergoing massive urbanization, with millions of people migrating to cities every year. This demographic shift has spurred a tremendous demand for new infrastructure, including residential buildings, commercial complexes, industrial facilities, and transportation networks. These construction activities require durable and protective coatings like coil coatings, driving their uptake in the region. Countries like China, India, Indonesia, and Vietnam are experiencing robust growth in their construction sectors. This growth is fueled by government initiatives, private investments, and increasing consumer demand for modern amenities. Coil coatings play a crucial role in enhancing the lifespan and appearance of buildings, making them indispensable in the region's construction boom. Coastal areas and regions with high humidity levels are prone to corrosion, which can significantly damage metal surfaces in buildings and infrastructure. Coil coatings provide excellent corrosion protection, making them essential for structures located in such environments. As coastal urbanization increases in Asia Pacific, the demand for anti-corrosion coil coatings continues to rise.

Key Findings of the Study

• The global Coil Coatings for Building & Construction market is expected to reach USD 7,139.6 million by 2032, at a CAGR of 4.48% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• AkzoNobel NV, PPG Industries, Henkel, Wacker Chemie AG, Beckers Group, Sherwin-Williams Company, Groupe Mäder, Axalta Coating Systems, Nipponpaint Industrial Coatings Co., Ltd., Arkema, and Northern Coatings and Chemical Co., are the key market players.