Fact.MR foresees that the demand for pre-painted steel coil is projected to expand at a CAGR of 6.4% in terms of value during the period of assessment. Moreover, the report estimates that the market for pre-painted steel coil is likely to surpass US$ 64.43 Bn by end of 2032.

Growth in e-commerce and retail activity is set to augur growth during this period. Pre-painted steel coils are used for roofing and wall paneling of buildings, and their consumption in metal- and post-frame buildings is on the rise. The metal building segment is anticipated to witness the highest consumption over the forecast period owing to the demand from commercial buildings, industrial buildings, and warehouses. Post-frame buildings consumption was driven by the commercial, agriculture, and residential segments.

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Key Market Segments in Pre-Painted Steel Coil Industry Research

• By Application

  • Metal Buildings
    • Automotive Buildings
    • Agriculture Buildings
    • Aviation Buildings
    • Commercial Buildings
    • Residential Buildings
    • Others
  • Post-Frame Buildings
    • Automotive Buildings
    • Agriculture Buildings
    • Aviation Buildings
    • Commercial Buildings
    • Residential Buildings
    • Others

• Key Takeaways from the Market Study

  • The metal buildings application segment accounted for over 70% share of the global volume in 2022
  • Asia Pacific to accumulate 40% revenue share in the pre-painted steel coil market
  • North America is likely to account for 42% of the global market revenue in 2022 and beyond
  • Global pre-painted steel coil market to be valued at US$ 10.64 Bn by the end of 2022

  “Growth in warehousing activities across the world is projected to drive the market”, says a Fact.MR analyst.

  Competitive Landscape

  The competitive landscape of the pre-painted steel coil market is shaped by product innovation and strategic mergers acquisitions. Some prominent manufacturers of pre-painted steel coil are ArcelorMittal, POSCO, NLMK, Nippon Steel Coated Sheet Corporation, Tata BlueScope Steel, Alucosuper New Materials Co., Ltd, UNICOIL, Shanghai Metal, and Dana Steel Corporation Industry LLC. Frontrunners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies. Some notable developments are as follows:

  • In November 2021, POSCO signed a memorandum of understanding (MOU) with Brazilian raw material supplier, Vale on November 4 and agreed to jointly research the application and use of new raw materials that can reduce carbon emissions. The two companies also agreed to cooperate on iron ore pellets, a major raw material for reducing carbon emissions. Vale, the world’s largest pellet supplier plans to conduct various researches such as improving pellet quality through cooperation between the two companies.

  More Valuable Insights

  In its latest report, Fact.MR offers an unbiased analysis of the pre-painted steel coil market providing historical data for the period of 2015-2021 and forecast statistics for the period of 2022-2032.

  The study gives critical insights into the pre-painted steel coil market on the basis of application (metal buildings and post-frame buildings) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East Africa).

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