COIL COATINGS MARKET ANALYSIS
Key Developments
Increasing research and development activities related to coil coatings is expected to boost market growth. For instance, in May 2018, researchers from University of Liverpool, U.K., developed biomass-derived polyester coatings for coil applications.
Key players in the market are focused on launching new products to expand their product portfolio. For instance, in April 2019, Beckers Group launched ‘The Turning Point,’ a portfolio of new coatings for consumer goods and lifestyle appliances.
However, an increase in prices of coil coatings is expected to hinder market growth. For instance, in December 2018, Beckers Group announced a global price increase on coil and industrial coatings.
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