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Coil Coatings Market size was valued at over USD 4.8 billion in 2023 and is expected to grow at over 4.6% CAGR from 2024 to 2032. Driven by the increasing demand for home appliances worldwide.
Coil coatings are commonly used in home appliances such as refrigerators, freezers, ovens, microwaves, and dishwashers. Such coatings add protective and aesthetic qualities to home appliances. They allow appliance makers to deliver superior quality finish on their products, helping them innovate appliances such as refrigerators with anti-fingerprint coatings, and dishwashers with heat-resistant coatings. With a share of more than 12% in the global market, the home appliance industry is one of the prominent user bases of coil coatings. Coil coating is a cost-effective process and saves time and energy while manufacturing residential and commercial appliances.
Report Attribute | Details |
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Base Year: | 2023 |
Coil Coatings Market Size in 2023: | USD 4.82 billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4.6% |
2032 Value Projection: | USD 7.2 billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 280 |
Tables, Charts & Figures: | 335 |
Segments covered: | Product, End-users, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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