건축용 금속 코팅 시장 예측(-2030년) : 제품, 금속 유형, 코팅 방법, 기능, 용도, 최종 사용자 및 지역별 세계 분석

According to Stratistics MRC, the Global Architectural Metal Coatings Market is accounted for $6.34 billion in 2023 and is expected to reach $9.53 billion by 2030 growing at a CAGR of 4.6% during the forecast period. Architectural metal coatings are specialized surface treatments applied to metal structures, primarily for aesthetic enhancement, protection, and durability. They serve to shield metal surfaces from corrosion, weathering, and chemical damage while offering decorative possibilities, such as colour, texture, and sheen variations. Architectural metal coatings play a crucial role in enhancing the appearance and longevity of architectural elements, contributing to both functional and aesthetic aspects of design.

According to the Paint Quality Institute, water-based paints account for more than 80% of residential paints sold in the United States.

Market Dynamics:

Driver:

Expansion of the construction sector

As construction activities surge, particularly in emerging economies and urban areas, the demand for metal coatings intensifies. These coatings are vital for protecting metal structures from corrosion, enhancing their durability, and providing aesthetic appeal. The growing need for infrastructure development, residential, and commercial projects fuels the demand for architectural metal coatings, driving market growth and presenting opportunities for manufacturers to innovate and cater to diverse application requirements.

Restraint:

Limited shelf life

Coatings with short expiration dates require careful inventory management and storage practices, increasing operational complexities and costs for manufacturers and distributors. Moreover, the risk of product degradation or spoilage can lead to quality issues and customer dissatisfaction. Addressing this challenge necessitates investments in specialized storage facilities and efficient distribution networks, impacting overall profitability and market competitiveness.

Opportunity:

Rising focus on sustainable solutions

Increased environmental awareness prompts the adoption of eco-friendly coatings with low VOC content and compliance with stringent environmental regulations. This demand shift towards sustainable options reflects a broader societal trend towards greener practices in construction and manufacturing. As a result, manufacturers are innovating to develop coatings that offer superior performance while minimizing their environmental footprint, thereby driving market growth in the architectural metal coatings sector.

Threat:

Competition from alternative materials

Competition from alternative materials, such as non-metallic options or pre-coated metal products, presents a significant restraint to the architectural metal coatings market. Moreover, advancements in non-metallic coatings and the growing preference for pre-coated metal products in specific industries or regions intensify competitive pressure. These alternatives may offer comparable or even superior performance characteristics in certain applications, posing a challenge to the market's growth.

Covid-19 Impact

The covid-19 pandemic has impacted the architectural metal coatings market, causing disruptions in supply chains, delays in construction projects, and reduced consumer spending. Lockdown measures and restrictions on movement have led to decreased demand for coatings in the construction sector. Additionally, uncertainty surrounding economic conditions has prompted cautious spending by consumers and businesses, affecting market growth. However, as economies gradually reopen and construction activities resume, the market is expected to recover, driven by pent-up demand and continued infrastructure development efforts.

The liquid coating segment is expected to be the largest during the forecast period

The liquid coating segment is estimated to have a lucrative growth. Liquid coating method offers versatility in achieving various aesthetic finishes and performance characteristics, including durability, weather resistance, and colour retention. Liquid coatings can be solvent-based or water-based, with the latter gaining popularity due to environmental concerns. Proper surface preparation and application techniques are crucial for achieving optimal adhesion and coating performance, making liquid coating a preferred choice for protecting and enhancing architectural metal surfaces.

The commercial construction segment is expected to have the highest CAGR during the forecast period

The commercial construction segment is anticipated to witness the highest CAGR growth during the forecast period owing to their aesthetic appeal and functional benefits. They provide durable protection against corrosion, weathering, and abrasion, ensuring the longevity and structural integrity of metal components used in commercial buildings. Their application in commercial construction projects contributes to creating visually striking and long-lasting building exteriors and interiors, meeting the demanding requirements of modern architectural designs.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period driven by rapid urbanization, industrialization, and infrastructure development. Increasing construction activities, particularly in emerging economies like China, India, and Southeast Asian countries, are fueling the demand for these coatings. Moreover, rising disposable incomes and evolving consumer preferences for aesthetically pleasing and durable architectural finishes are further propelling market expansion. Further, rising adoption of eco-friendly metal coatings in the region are contributing to market growth.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period. The region's mature construction industry, combined with ongoing renovation projects and infrastructure upgrades, sustains demand for these coatings. Additionally, stringent regulatory standards regarding environmental protection and safety contribute to the adoption of high-performance and eco-friendly coatings. Furthermore, increasing investment in commercial and residential construction projects continues to stimulate market growth in the region.

Key players in the market

Some of the key players profiled in the Architectural Metal Coatings Market include AkzoNobel, PPG Industries, Sherwin-Williams, Axalta Coating Systems, BASF SE, RPM International Inc., Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., Tikkurila Oyj, Hempel A/S, Jotun, Benjamin Moore & Co., Asian Paints Limited and Dunn-Edwards Corporation.

Key Developments:

In April 2023, the Coil Coatings division of Sherwin-Williams has released its latest colour forecast, FUSE, for architectural metal coatings. FUSE refers to the layered nature of great design. Inspired by architectural methods of drawing plans and writing specifications, FUSE analyzes the overlapping relationship between design processes and colour selection.

In May 2021, PPG launched CORAFLON Platinum powder coatings for the architectural metal material market. It has a variety of colors and gloss (including mica pearlescent and metallic paint effects) to choose from. It is suitable for metal buildings with extremely high requirements for corrosion resistance and weather resistance.

Products Covered:

• Polyester Coatings
• Fluoropolymer Coatings
• Plastisol Coatings
• Polyurethane Coatings
• Acrylic Coatings
• Epoxy Coatings
• Other Products

Metal Types Covered:

• Steel
• Aluminum
• Zinc
• Copper
• Other Metal Types

Coating Methods Covered:

• Powder Coating
• Liquid Coating
• Electroplating
• Anodizing
• Galvanizing
• Plating
• Other Coating Methods

Functionalities Covered:

• Corrosion Resistance
• Weatherability
• Heat Resistance
• Chemical Resistance
• Other Functionalities

Applications Covered:

• Roofing
• Wall Panels
• Windows & Doors
• Railings
• Other Applications

End Users Covered:

• Residential Construction
• Commercial Construction
• Industrial Construction
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Architectural Metal Coatings Market, By Product

• 5.1 Introduction
• 5.2 Polyester Coatings
• 5.3 Fluoropolymer Coatings
• 5.4 Plastisol Coatings
• 5.5 Polyurethane Coatings
• 5.6 Acrylic Coatings
• 5.7 Epoxy Coatings
• 5.8 Other Products

6 Global Architectural Metal Coatings Market, By Metal Type

• 6.1 Introduction
• 6.2 Steel
• 6.3 Aluminum
• 6.4 Zinc
• 6.5 Copper
• 6.6 Other Metal Types

7 Global Architectural Metal Coatings Market, By Coating Method

• 7.1 Introduction
• 7.2 Powder Coating
• 7.3 Liquid Coating
• 7.4 Electroplating
• 7.5 Anodizing
• 7.6 Galvanizing
• 7.7 Plating
• 7.8 Other Coating Methods

8 Global Architectural Metal Coatings Market, By Functionality

• 8.1 Introduction
• 8.2 Corrosion Resistance
• 8.3 Weatherability
• 8.4 Heat Resistance
• 8.5 Chemical Resistance
• 8.6 Other Functionalities

9 Global Architectural Metal Coatings Market, By Application

• 9.1 Introduction
• 9.2 Roofing
• 9.3 Wall Panels
• 9.4 Windows & Doors
• 9.5 Railings
• 9.6 Other Applications

10 Global Architectural Metal Coatings Market, By End User

• 10.1 Introduction
• 10.2 Residential Construction
• 10.3 Commercial Construction
• 10.4 Industrial Construction
• 10.5 Other End Users

11 Global Architectural Metal Coatings Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 AkzoNobel
• 13.2 PPG Industries
• 13.3 Sherwin-Williams
• 13.4 Axalta Coating Systems
• 13.5 BASF SE
• 13.6 RPM International Inc.
• 13.7 Nippon Paint Holdings Co., Ltd.
• 13.8 Kansai Paint Co., Ltd.
• 13.9 Tikkurila Oyj
• 13.10 Hempel A/S
• 13.11 Jotun
• 13.12 Benjamin Moore & Co.
• 13.13 Asian Paints Limited
• 13.14 Dunn-Edwards Corporation