The “Global Galvanized Color Coated Coil Market” is likely to ascend at a CAGR of 6.8% over the forecast period (2021-2027) according to QuantAlign Research. The demand for galvanized color coated coil is expected to reach “USD 28.8” Billion by 2027. The growth of the “Galvanized Color Coated Coil” market is primarily attributed to its increasing applications across various industries including construction, power, automotive, packaging sector, home appliances and others. Morover, constant need to improve the appearance and durability of various products and components in these applications has provided impetus to the growth of galvanized color coated coils market.

During the forecast period, demand for galvanized color coated coil will be supported by development of smart coating materials and greater penetration of these specialized product into the circular economy. Furthermore, Solution companies in metallic coil lamination are focusing on the inorganic techniques like partnerships, mergers, and acquisitions to increase their worldwide penetration. These groups are also incorporating advertising and marketing projects like capacity expansions to gain a competitive edge over other industry players

The COVID-19 pandemic extensively drew a bad outlook at the metallic color coil products and lamination industry with inside the first phase of the commercial lockdown. However, the resumption of operations throughout the automotive, construction and other industries has provided positive impetus to the industry forecast.

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Global Galvanized Color Coated Coil Market Demand Outlook, COVID-19 Impact, Trend Analysis by Application, by Paint Coating (PE, HDPE, PVDF, SMP, Others), by Coating Primer (Epoxy, Polyester, Acrylic, Polyurethane, Others), by End-Use, by Plating layer, Material, Technique and Industry Estimates 2021-2027 –  “https://quantalignresearch.com/global-galvanized-color-coated-coil-market-report “

Key insights: 

• Construction sector was the largest end user for application of galvanized color coated coil, while the automotive sector is expectd to witness significant CAGR over the forecast period
• Polyester (PE) was the leading material segment, dominated the market in 2020, while demand for PVDF is also expected to experience higher demand over the coming years
• APAC is currently the largest market for galvanized color coated coil , while Europe along with MEA region is expected to offer wide array of opportunities and would be key markets over the forecast period

Key players operating in the market include: Asian metal holding group Co. Ltd., thyssenkrupp Steel Europe,  Essar Steel, Yieh Corp., JIANGLIN STEEL, Shandong Sino Steel Co., Ltd, Speciality coils, Hascall Steel Co. AK Steel Corp., The Hillman Group, Zibo Camel Material Co., Ltd. Curtis Steel, METINVEST,Vision Metals, Uttam Galva Steels Limited, Metals USA, are among others.