What is Prepainted Steel Sheet Market?
Pre-painted sheet steel is also known as color-coated sheet metal. Pre-painted sheet steel is a metal substrate or a corrosion-resistant substrate to which paint is applied on both sides by the means of using a continuous coil coating process, which thereby results in an even finish. The metal is unwound, cleaned, and chemically treated during the process. Depending on the product specifications, one or both sides can then be primed and coated, oven cured, and rewound. The pre-painted sheet steel is based on cold rolling. Pre-painted steel sheets can be processed directly with lightweight, beautiful, and good anti-corrosion performance. It is a new kind of raw material for the construction industry, shipbuilding, vehicle manufacturing, furniture industry, electrical industry, etc. And it can achieve good effects such as efficient building, saving energy and preventing environmental pollution.
The market study is being classified by Type (PE, HDP, SMP and PVDF), by Application (Metal Roofing, Garage Doors, Lighting Fixtures, Appliances and Heating and Air-Conditioning) and major geographies with country level break-up.
BlueScope Steel (Australia), Shandong Kerui Steel Co., Ltd. (China), Nippon Steel (Japan), ArcelorMittal (Luxembourg), Dongkuk Steel (South Korea), ThyssenKrupp (Germany), Baosteel Group (China), Severstal (Russia), U.S. Steel (United States), Shandong Guanzhou Co., Ltd. (China), JSW Steel Ltd. (India), NLMK Group (Russia), KG Dongbu Steel (South Korea) and Essar Steel (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are POSCO (South Korea), JFE Steel (Japan), Anson Steel (China) and Wuhan Iron and Steel (China).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asian Vendors will contribute to the maximum growth of Global Prepainted Steel Sheet market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Prepainted Steel Sheet market by Type, Application and Region.
On the basis of geography, the market of Prepainted Steel Sheet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth of the Construction Industry in Emerging Economies
- Rapid Urbanization Along With Increasing Disposable Income
- Increase in the Usage of Pre-Painted Steel Sheets Especially During Renovation
- Increasing Investment in Infrastructure Development
- High Prices of Pre-Painted Steel Sheets
- Increasing Demand from Refrigerators, Freezers, Washing Machines, and Electronic Products
- Rising Infrastructural Developments and Automotive Production
- High Maintenance Cost of These Tools and Equipment Used In the Process
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Prepainted Steel Sheet, Suppliers and Distributors of Prepainted Steel Sheet, Venture Capitalists and Private Equity Firms, Research Organizations and End-Use Industry
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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