A ccording to a research report published by Markets and Markets, a leading global market research firm, the global metal coatings market is estimated to be valued at US $10.52 billion in 2016 and is projected to reach US $14.34 billion by 2026, at a CAGR of 6.1% from 2016 to 2026. In this study (published in December 2016), 2015 has been considered the base year to estimate the market size. The report provides the short term forecast from 2016 to 2021, and the long term forecast from 2016 to 2026. This report aims to estimate the market size and future growth potential of the global metal coatings market across different segments such as type, technology, process application, and region. Factors influencing market growth such as drivers, restraints, opportunities, and industry-specific challenges have been studied in the report. The report analyses the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders.

The top-down and bottom-up approaches have been used to estimate and validate the size of the global metal coatings market and estimate the sizes of various other dependent submarkets. The research study involved the use of extensive secondary sources, directories and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government associations. Private and company websites have also been used to identify and collect information useful for the technical, market-oriented, and commercial study of the global metal coatings market. After arriving at the total market size, the overall market has been split into several segments and sub-segments.

The value chain for metal coatings begins with raw material manufacturers of environment-friendly as well as petroleum-based chemicals. These raw materials are procured by resin manufacturers and petrochemical companies. They manufacture different types of basic chemicals, additives, and pigments, which are then sold to metal coatings manufacturers. The resin is then procured by resin manufacturers, who sell their products to, coatings and composites manufacturers. The converted product manufacturers then market their products to molders and end-user companies after receiving the regulatory approvals. The maximum value is added at the manufacturing stage, as the basic chemicals are mixed and processed with other chemicals to achieve the desired coatings for specific applications.

Key metal coatings manufacturers are E I du Pont de Nemours and Company (US), PPG Industries (US), Axalta Coating Systems (US), AkzoNobel N.V (Netherland), Nippon Paint Holdings Co Ltd (Japan), Henkel AG & Co, KGaA (Germany), The Sherwin-Williams Company (US), The Valspar Corporation (US), BASF SE (Germany), Kansai Paint Co Ltd (Japan), Wacker Chemie AG (Germany), and The Becker Group, Ltd (US). The value chain includes the manufacture of metal coatings and the delivery of products to the end-users such as manufacturers of paints and coatings.