Color steel or color coated steel is cold rolled steel and galvanized steel substrate. It is surfaced preparation and applied a continuous coating, which made after baking and cooling products. The coated steel sheet is light, beautiful and good corrosion resistance. It could be directly processed and apply in Construction, shipbuilding, vehicle manufacturing, the furniture industry, the electrical industry to provide a new type of raw material. It played with steel and wood, efficient construction, energy conservation, pollution prevention, and other good results.
The growth of the downstream industries is the key driving force for the coated steel market. For example, in the refrigerator market, the sales in the Asia-Pacific region have witnessed a steady growth in the past few years. China, Korea, Japan, and India are the key production hubs of refrigerators due to huge domestic demand and low production costs. The great demand from such end-use industry has driven the market for coated steel. The increasing potential to spend on upgrades for kitchens, roofing, and basic home improvements and additions most of which include steel coated products are driving the coated steel market.
The polyester Colour Steel segment accounted for the largest market share, in terms of value. Polyester resins form highly durable structures and coatings are cross-linked with a vinylic reactive monomer, which is most commonly styrene. The current industry trend highlights the use of polyester resin above all other resin types. In addition, it has limited use in the coatings industry primarily because curing is strongly inhibited by oxygen, leaving the surface of the polyester-coated steel soft and sticky. Due to these properties, polyester-coated steel is the most broadly used coated steel, globally.
The global Colour Steel market is valued at 21400 million US$ and will reach XX million US$ by the end of 2025, growing at a CAGR of XX% during 2018-2025.
Global Colour Steel Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 96 pages report.
This market report provides in-depth analytics of the Colour Steel industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Colour Steel market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Wuhan Iron and Steel
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
PE Coated Steel
HDP Coated Steel
SMP Coated Steel
PVDF Coated Steel
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.