Pre-painted Steel Coil Market (By Application: Metal Buildings, Post-frame Buildings) - Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

The global pre-painted steel coil market size was valued at USD 11.70 billion in 2021, and is predicted to be worth around USD 23.31 billion by 2030, registering a CAGR of 7.8% during the forecast period 2022 to 2030.

Growth Factors:

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.

The COVID-19 pandemic has led to an increase in online shopping activity. This has led to the growth in warehousing requirements around the world. E-commerce companies are scaling up operations due to the increased online shopping by consumers. For instance, e-commerce companies in developing economies such as India floated lease tenders for large warehousing spaces of the order of 4-million square feet to expand their operations within metro cities in 2020. Demand for urban Indian logistic space of the order of 7-million square feet is expected to be witnessed by 2022.

Report Coverage

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Pre-painted Steel Coil market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

By Application Analysis

The metal buildings application segment held the largest volume share of over 70.0% in 2021. The segment is anticipated to expand at the highest revenue-based CAGR from 2022 to 2030. Metal buildings offer the benefit of quick replacement of old commercial buildings in a short time.

The penetration of pre-painted steel coils is the highest in metal buildings. These coils are widely used in buildings for automotive, agricultural, aviation, and commercial applications. Increased demand for warehouses owing to the growth of the global e-commerce sector during the COVID-19 shutdowns led to the surged usage of pre-painted steel coils, especially for metal buildings.

Post-frame buildings constructed with a combination of wood and steel are in use due to the benefits of cost savings and quick construction. However, the clear span is lesser than that of metal buildings. Diligent planning is required to utilize the space wisely.  

By Regional Analysis

Asia Pacific accounted for the largest volume share of over 40.0% and is expected to maintain its lead over the forecast period. China, Japan, and India are anticipated to be the high-growth countries over the forecast period.

The emerging concept of pre-engineered steel buildings is further gaining popularity in Asia Pacific. It is one of the fastest-growing construction-related technologies in the region. Numerous multi-storied, mid-rise apartments using this concept are being constructed in South Asian countries. 

Europe accounted for the second-largest share in 2021, in terms of both volume and revenue. The focus of the governments of different countries in the region on the construction sector to promote the economic growth in Europe post-pandemic, coupled with the rising need for electric vehicle (EV) infrastructure in the region,

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

• Company Overview
• Company Market Share/Positioning Analysis
• Product Offerings
• Financial Performance
• Recent Initiatives
• Key Strategies Adopted by Players
• Vendor Landscape
• List of Suppliers
• List of Buyers

Some of the prominent players in the Pre-painted Steel Coil Market include:

• ArcelorMittal
• POSCO
• NLMK
• Nippon Steel Coated Sheet Corporation
• Alucosuper New Materials Co., Ltd.
• UNICOIL
• Shanghai Metal Corporation
• Dana Steel Industry LLC

Segments Covered in the Report

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:

Market Segmentation

• 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

By Geography

North America

• U.S.
• Canada

Europe

• Germany
• France
• United Kingdom
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of Middle East & Africa

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Pre-painted Steel Coil market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Pre-painted Steel Coil market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Pre-painted Steel Coil markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

• Governmental bodies, and organizations creating economic policies
• National and international social welfare institutions
• Company websites, financial reports and SEC filings, broker and investor reports
• Related patent and regulatory databases
• Statistical databases and market reports
• Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

• Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
• In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

• CEOs, VPs, market intelligence managers
• Procuring and national sales managers technical personnel, distributors and resellers
• Research analysts and key opinion leaders from various domains

Key Points Covered in Pre-painted Steel Coil Market Study:

• Growth of Pre-painted Steel Coil in 2022
• Market Estimates and Forecasts (2017-2030)
•  Brand Share and Market Share Analysis
•  Key Drivers and Restraints Shaping Market Growth
•  Segment-wise, Country-wise, and Region-wise Analysis
•  Competition Mapping and Benchmarking
•  Recommendation on Key Winning Strategies
•  COVID-19 Impact on Demand for Pre-painted Steel Coil and How to Navigate
•  Key Product Innovations and Regulatory Climate
•  Pre-painted Steel Coil Consumption Analysis
•  Pre-painted Steel Coil Production Analysis
•  Pre-painted Steel Coil and Management