As per the recently published report by MarketsandMarkets™, The “Architectural Metal Coatings Market by Resin Type (Polyester, Fluoropolymer), Coil Coating Application (Roofing & Cladding, Wall Panels & Facades), Extrusion Coating Application (Curtain Walls, Store Front) and Region – Global Forecast to 2028″, size is projected to grow from USD 5.3 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 4.6%. The propulsion of this market growth is largely attributed to the burgeoning demand from the construction sector, particularly in emerging economies where the pace of infrastructural development is accelerating.
In the realm of the architectural industry, the utilization of architectural metal coatings, encompassing both coil and extrusion coatings, represents a pivotal advancement in material technology. Coil coating, a pre-fabrication process, involves the application of a coat to metal coils in a continuous manner. While aluminum is the most common substrate for this process, it is by no means limited to this metal alone, with steel also serving as a viable candidate.
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The major players in architectural metal coatings market include The Sherwin-Williams Company (US), PPG Industries, Inc. (US), AkzoNobel N.V. (Netherlands), Axalta Coating Systems Ltd (US), Beckers Group (Germany), Kansai Paint Co., Ltd. (Japan), Nippon Paint Holdings Co., Ltd (Japan), Wacker Chemie AG (Germany), Hempel A/S (Denmark), and NOROO Paint & Coatings Co., Ltd. (South Korea). They have implemented a range of growth tactics, including financial investments and operational growth, unveiling new products, engaging in mergers and acquisitions, and establishing joint ventures, all aimed at enhancing their market position.
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Extrusion coatings, on the other hand, are integral to the manufacturing process of aluminum-preformed extrusions. This involves a meticulous procedure of pre-treating and cleaning, followed by the application of the coating through a spray process, and culminating in thermal curing to solidify the coating.
The Asia Pacific region stands out as the fastest-growing market for architectural metal coatings, a trend fueled by the region’s rapid infrastructural activities. Factors such as the ready availability of raw materials, cost-effective labor, enhanced trade relations, and the active participation of the private sector in the architectural industry are significant contributors to this growth.
Becker Group: Beckers Group is a leading supplier of industrial coatings and coil coatings. The company functions under four business segments—building and construction, domestic appliances, vehicles and heavy-duty machinery, and consumer goods. Architectural metal coatings are included under the building and construction segment. These coatings are used in applications such as roofing and metal siding, cladding, rainwater systems, roofing-tile sheets, roller shutters, and garage doors.
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