Metal Coil Lamination Market Size

Metal Coil Lamination Market Size

Metal Coil Lamination Market size was USD 3.67 billion in 2019 and will grow at a CAGR of 5.1% from 2020 to 2026. Emerging regulations pertaining to waste emissions including water and VOC will augment industry growth.

Metal coil lamination is laminating the metal coil with either metal or polymer film with the help of adhesives to enhance aesthetics and impart corrosion resistance. The laminates offer superior scratch and abrasion resistance and tend to have high gloss. The major types of polymer film include polyvinyl chloride (PVC), polyethylene terephthalate (PET), polyethylene, polypropylene and polyvinyl fluoride. The application of adhesives offers multiple advantages including, durable bond and high degree of consistency in film thickness and cure condition.
 

Metal coil lamination market share will witness significant growth owing to its application to mimic the appearance of materials such as wood, stone, marble, and granite. The properties of laminated structures are dependent upon the polymer film, adhesive and priming ingredients combined to deliver the intended performance. The films are applied to a coil of steel or aluminum on a coil coating line. Laminated metals maintain the durability while adding a protective, decorative laminate film that prevents oxidation and enhance the service life of the appliances.
 

Increasing regulations limiting the VOC in paints is inducing growth potential in the metal coil lamination market. Government entities including the U.S. Environmental Protection Agency (EPA) and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulate the VOC content in the architectural coatings, automotive coatings, and coatings on consumer products. The lamination of metal generates minimal pollution that supports its adoption. However, high scrap rates and quality control issues will limit the industry expansion over the study timeframe.