Coil Coatings Market Size

Coil Coatings Market size was valued at USD 58.84 billion in 2024 and is projected to exceed USD 176.34 billion by the end of 2037, registering over 8.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of coil coatings is evaluated at USD 63.03 billion. 

The growth of the market is primarily attributed to the rising penetration of coil coatings in various industries such as construction, automotive and other industries, and rapid growth in manufacturing industry across the globe. For instance, global manufacturing output is expected to be worth around USD43 trillion by the end of 2022.

Coil coatings are a technique for coating and painting metal sheets like steel and aluminium. Polyester, silicone-modified polyester, polyvinylidene fluoride (PVDF), and other materials are used to make these coil coatings. These coats are available in various ranges of colors and finishes. Coil coating system consists of top coat, back coat and primer. This coating system is substituting the traditional process of manufacturing of metal coils. Coil coating system is widely adopted by industries owing to the various factors such as higher productivity, anti-corrosion, low thermal conductivity, and low impact on environment. Furthermore, rising use of polyvinylidene fluoride (PVDF) coatings in areas such as electric vehicles is anticipated to boost the market growth over the forecast period. For instance, PVDF, as one of the most vital polymeric materials with numerous scientific and technological applications, exhibits five crystalline polymorphs with α, β, γ, δ and ε phases obtained through various processing methods. Among them, phase PVDF has exceptional electronic characteristics such as piezo-, pyro-, and ferroelectric properties. These electroactive characteristics have become increasingly important in a variety of applications, including energy storage, spin valve devices, biomedicine, sensors, and smart scaffolds.