Coil Coatings Market Report 2026

The coil coatings market size has grown strongly in recent years. It will grow from $5.86 billion in 2025 to $6.24 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to early adoption of polyester and fluoropolymer coatings, growth in steel and aluminum manufacturing, demand for corrosion-resistant metal surfaces, expansion of construction and automotive industries, advancements in coil coating machinery and automation.

The coil coatings market size is expected to see strong growth in the next few years. It will grow to $8.01 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising infrastructure and construction projects, increasing use of lightweight coated metals in automotive industry, growth in industrial and domestic appliances, adoption of eco-friendly and sustainable coatings, advancements in high-performance and specialty coatings. Major trends in the forecast period include increasing adoption of high-performance coil coatings for corrosion protection, rising use of coil coatings in automotive and construction applications, growing demand for energy-efficient coated aluminum and steel, expansion of advanced coating technologies for durability and aesthetics, increasing application of fluoropolymer and polyester coatings in industrial sectors.

The increasing demand for coil coatings from the building and construction industry is anticipated to drive the growth of the coil coatings market in the coming years. Building and construction involve the process of constructing homes, public buildings, and industrial facilities. Coil coatings provide protective coatings and sealants that are applied to various surfaces to enhance their appearance, corrosion resistance, adhesion, and scratch resistance. For example, in July 2023, the Australian Bureau of Statistics, a government agency in Australia, reported that in the March quarter of 2023, the number of dwellings under construction reached 240,813, up from 240,065 in 2022. Among this total, new houses accounted for 103,778 in 2023, compared to 101,240 in the previous year. Thus, the growing demand for coil coatings from the construction industry is fueling the expansion of the coil coatings market.

Major companies in the coil coatings market are concentrating on introducing innovative products, such as energy-curable coatings, to gain a competitive edge. Energy-curable coatings are a category of coatings that cure quickly when exposed to energy sources like ultraviolet (UV) light or electron beams (EB), resulting in a solid, durable finish without the necessity for solvents or high-temperature drying processes. For example, in July 2024, PPG, a US-based manufacturer of paints, coatings, and adhesives, launched the PPG DURANEXT line, which features electron-beam (EB) and ultraviolet (UV) curable backers, basecoats, primers, and clearcoats. This product line offers metal coil coaters improved energy efficiency and faster curing times. PPG DuraNEXT coatings use electron beam or ultraviolet energy to convert a liquid coating into a fully cured solid finish within seconds, with minimal loss of thickness or weight.

In March 2025, The Sherwin-Williams Company, a US-based manufacturing company, acquired Shingels, S.A. for an undisclosed amount. Through this acquisition, Sherwin-Williams sought to expand its European coil coatings presence, enhance its product portfolio (including low-temperature technologies), and strengthen manufacturing and mixing capabilities to improve distribution across Spain, Europe, and Africa. Shingels, S.A., is a Spain-based manufacturing company specializing in the development, production, and sale of paints and coatings for aluminum coil coating applications and other targeted industrial markets primarily in Europe.

Major companies operating in the coil coatings market report are PPG Industries Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Beckers Group, Axalta Coatings System LLC, Jotun Group, Hempel A/S, Teknos Group Oy, Nippon Paint Holdings Co. Ltd., Kansai Nerolac Paints Limited, NOROO Coil Coatings Co. Ltd., Yung Chi Paint & Varnish Mfg Co. Ltd., Fujian New Shiying Paint Co. Ltd., Brillux GmbH & Co. KG, Titan Coatings Inc., Recubrimientos Plasticos S.A., Asian Paints Limited, Berger Paints India Limited, Tata Paints Limited, Shalimar Paints Limited, Jiangsu Lanling Chemical Group Co. Ltd., SK Kaken Co. Ltd.

Asia-Pacific was the largest region in the coil coating market in 2025. The regions covered in the coil coatings market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coil coatings market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The coil coating market includes revenues earned by entities by coating coils using metals. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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