Global Color Coated Steel
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Color Coated Steel market size was USD 27.39 Billion in 2017 and it is forecasted to reach USD 60.41 Billion by the end of 2029. Color Coated Steel Industry's Compound Annual Growth Rate will be 11.51% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Color Coated Steel market size was USD 27.39 Billion in 2017 and it is forecasted to reach USD 60.41 Billion by the end of 2029. Color Coated Steel Industry's Compound Annual Growth Rate will be 11.51% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Color Coated Steel Market Sales Revenue 2017 | $ 27.39 Billion |
Global Color Coated Steel Market Sales Revenue 2029 | $ 60.41 Billion |
Global Color Coated Steel Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.51% |
Market Split by Type |
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Market Split by Application |
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Market Split by Products |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Color Coated Steel Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Color coating often refers to the automated, continuous application of a liquid paint coat over the substrate following pre-treatment. The term "color coated steel" refers to steel that has had an organic coating applied to it for ornamental and/or protective purposes. It can be found in coils, plain sheets, profile sheets, and other forms. It is also known as pre-painted steel.
Color coatings are paint coatings and specialist compounds that are intended to provide steel with long-term protection against a variety of corrosive circumstances, ranging from air exposure to complete submersion in severely corrosive solutions. Although a color coating doesn't provide much strength to the base steel, it nonetheless shields the metal, preserving its integrity and strength.
Color coating is performed on various steel substrates to generate the most cost-effective, quality-assured products with environmentally friendly top coats. The coating typically ranges in thickness from 15 microns to 40 microns. For any type of steel, finishes can range from smooth to matte, from high gloss to textured, and even printed. Following coating, the sheets' normal thickness ranges from 0.2 mm to 1.6 mm, and their width ranges from 600 mm to 1600 mm.
There are several different varieties of color-coated steel, including polyethylene coated steel, high durability polyester coated steel, silicon-modified polyester coated steel, polyvinylidene fluoride coated sheets, and more. It is frequently utilized in interior applications, residential applications, outdoor building materials, electrical control panels, and others. Thus, there is high demand for color-coated steel has been observed.
With the increasing urban population, the demand for construction activities is also increasing. The continuous economic growth in various emerging and developed countries is adding lucrative financing deals with low-interest rates, which is anticipated to boost the revenues of the construction and building sector.
According to the study, as compared to 2019, new house construction products in the private sector in the United States increased by more than 10% in 2020. Building & construction industry spending worldwide amounted to 11.4 trillion U.S. dollars. Building & Construction expenditures are expected to reach 14 trillion U.S. dollars in 2025.
Furthermore, growing urbanization leads to the increased construction of skyscrapers in many large and medium-sized cities. According to the Council on Tall Buildings and Urban Habitat, 84 percent of the world’s skyscrapers over 200 meters have been built in the last 20 years. Similarly, the survey discovered that 23 tall structures were constructed in 2000, while 126 tall buildings were finished in 2019.
The demand for color-coated steel is rising as a result of these construction activities. Color-coated steel is both lightweight and extremely strong. These features make it very robust and frequently allow for quicker construction as well as simpler handling and onsite installations. The material is a sure option for remodeling projects and its exceptional quality makes it ideal for industrial applications as well. Even at 15°C, the material can withstand rigorous forming processes without causing any harm to the steel or the color coating.
Thus, color-coated steel is used in a variety of building projects, including atriums in shopping centers, airports, cold storage and warehouses, industrial roofing, and cladding. Steel that has received color coating is also used to build guttering, walls, fences, and other things.
As a result, the growing construction industry drives the growth of the color-coated steel market.
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NIPPON STEEL CORPORATION is a Japan based steel manufacturer. The products offered by the company includes Steel plate, Steel sheets, Bar and rod materials (SteeLinC), Structural steel, Pipes and Tubes, Railway, Automotive, Machinery, Parts, Titanium and Stainless-Steel Slag.
Application industries
• Automotive
• Energy
• Infrastructure
• Consumer Electronics
April 2021
Nippon Steel has announced that it would Launch ZAM-EX high corrosion resistant coated steel sheets for overseas markets
Nippon Steel Corporation (Nippon Steel) has announced that it will launch ZAM-EX, highly corrosion- resistant coated steel sheets for overseas markets.
thyssenkrupp Steel Europe is manufacturer and supplier of steel and steel products. More than 100000 employees work in company. Company has its business in 56 countries across the world. Company has its business in six different segments such as Materials Services, Industrial Components, Automotive Technology, Steel Europe, Marine Systems, and Multi Tracks. Company has portfolio of approximately 18100 patents and utility models. Company offers wide array of products including bluemint, hot strip, precision strip, cut to length sheet products, organic coated strip and sheet, electrical steel, packaging steel, composite material and byproducts.
July, 2022
bp and thyssenkrupp Steel has decided to work together
thyssenkrupp Steel has entered in strategic collaboration with bp to support decarbonization of steel, including the supply of low carbon hydrogen and renewable power. Through the utilization of power purchase agreements, the company will explore hydrogen supply possibilities for both blue and green hydrogen as well as electricity from wind and solar energy. This will help company to enhance its market position and brand image.
Top Companies Market Share in Color Coated Steel Industry: (In no particular order of Rank)
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The regional analysis offers Color Coated Steel market size, share and a detailed analysis for each region. This quantitative as well as qualitative information is crucial for new entrants along with companies operating in Color Coated Steel market . Color Coated Steel market production and consumption can vary significantly from one region to another owing to factors such as, the availability of raw materials, regulatory environments, and others.
The current report Scope analyzes Color Coated Steel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Color Coated Steel Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Color Coated Steel Industry growth. Color Coated Steel market has been segmented with the help of its Type, Application Products, and others. Color Coated Steel market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Polyethylene Coated Steel Revenue in Color Coated Steel is anticipated to reach USD 6.53 Billion by 2029. Polyethylene-coated steel has a polyethylene coating applied to the metallic component. PE sheets adhere well and are simple to process. There are several hues available. In addition, it is the most economical coating of all coating kinds. However, it has a low UV resistance. It lasts for about 7-8 years.
High-durability polyester is ideal for applications requiring regular physical contact with the coating. Thus, it is used in the coating of steel. In most cases, a 15–25 m primer is used to apply it. It has several qualities, including hardness, gloss, UV resistance, and corrosion resistance.
SMP, often known as silicone-modified polyester, is a well-liked, premium resin used for metal roof coatings. It can be used to create doors, partition walls, outside walls, and roofs. Additionally, it is ideally suited for usage in industries that demand high levels of corrosion and weather resistance.
Polyvinylidene fluoride, often known as PVDF coating, is a pure thermoplastic fluoropolymer that is non-reactive and has several coating advantages. This coating offers good wear and abrasion resistance and is unaffected by the majority of chemicals and solvents. When compared to comparable fluoropolymers, PVDF coatings have a relatively low density and are particularly resistant to acids and solvents. It is therefore often used in steel coating.
There are several commonly used steel coil coating topcoat varieties such as polyurethane (PU), polyester matt, and others also available in the market. A polyurethane coating helps steel products to resist ultraviolet radiation and weather exposure. Similarly, polyester matt-coated steel offers excellent color stability and mechanical resistance.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Color Coated Steel Industry. Request a Free Sample PDF!
Outdoor Construction Revenue in Color Coated Steel is anticipated to reach USD 26.43 Billion in 2029. Many outdoor construction elements, including roof coverings, factory walls, shop kiosks, and many more, frequently employ color-coated steel. It offers durability and strength. Some color-coated steel is easy to install, inexpensive to maintain, and perfect for commercial and industrial uses.
Numerous indoor applications make use of color-coated steel because it is exceedingly sophisticated and appealing to the eye. In addition to several other uses, it is utilized in artificial ceilings, inside venetian blinds, HVAC systems, and office furniture. These materials are frequently used in commercial buildings, retail operations, and public safety construction projects.
An electrical control panel is a collection of electrical components that uses electricity to regulate the various mechanical operations of machinery or industrial equipment. Color coating steel reduces operating expenses by providing raw material to the electrical control panel and is available in a variety of color options for ornamental design and functional impact.
Other items made of color-coated steel include dashboards, windscreen wipers, automobile doors, car boots, and oil filters. Additionally, it is utilized in bus bodies, luxury coaches, and railroad coaches.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Coils Revenue in Color Coated Steel is projected to reach USD 9.35 Billion in 2029.
Manufacturers of pre-painted steel produce color-coated coils in a range of dimensions, including thicknesses of 0.25 to 2.0 mm, widths of 800 to 1,800 mm, inner diameters of 508 and 610 mm, lengths of cut sheets of 1,500 to 6,000 mm, and weights of coils of 4 to 16 tonnes and bundles of sheets of 4 to 10 tonnes, among others. It is extensively employed in building, different interior finishing tasks, and facade components.
Plain color-coated sheets combine strength and attractiveness. Due to its straightforward form and flat surface, it is frequently used in big public buildings, mobile homes, furniture, household appliances, elevators, advertising boards, retail signboards, etc. It is constructed from a variety of base metals, including sheets of cold-rolled steel, galvanized, galvalume, and stainless steel.
Steel profile sheets with color coatings are used as roofing materials. These sheets are colored based on their intended purpose and environmental factors. The use and the weather have an impact on the coating's thickness. Most of these sheets come in sinusoidal forms.
Whiteboard and pipe shapes made of color-coated steel are also offered. The Whiteboard roll is made of color-coated steel with tinplate or chromate plate as the base metal. It is frequently employed in a variety of building and interior design projects.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Color Coated Steel Market is witnessing significant growth in the near future.
In 2023, the Polyethylene Coated Steel segment accounted for noticeable share of global Color Coated Steel Market and is projected to experience significant growth in the near future.
The Outdoor Construction segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies SSAB AB, ArcelorMittal and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Polyethylene Coated Steel, High Durable Polyester Coated Steel, Silicon Modified Polyester Coated Steel, Polyvinylidene Fluoride Coated Sheets, Others |
Application | Outdoor Construction, Indoor Construction, Electrical Control Panels, Others |
Products | Coils, Plain Sheets, Profile Sheets, Others |
List of Competitors | SSAB AB, JSW, ArcelorMittal, NIPPON STEEL CORPORATION, NLMK, thyssenkrupp Steel Europe, BlueScope Steel Limited, NSAIL (National Steel and Agro Industries Ltd), J. K. Steel Strips LLP., PAO Severstal, DONGKUKSTEEL MILL CO.LTD |
This chapter will help you gain GLOBAL Market Analysis of Color Coated Steel. Further deep in this chapter, you will be able to review Global Color Coated Steel Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Products Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Color Coated Steel market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Polyethylene Coated Steel have a significant impact on Color Coated Steel market? |
What are the key factors affecting the Polyethylene Coated Steel and High Durable Polyester Coated Steel of Color Coated Steel Market? |
What is the CAGR/Growth Rate of Outdoor Construction during the forecast period? |
By type, which segment accounted for largest share of the global Color Coated Steel Market? |
Which region is expected to dominate the global Color Coated Steel Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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