Architectural Metal Coatings Market Expected to Reach USD 6.4 Bn by 2027

Asia Pacific is the fastest-growing architectural metal coatings market due to the rapid infrastructural activities in the region.

Fascia & soffits is the fastest-growing application in the coil coating application segment.

Characteristics of Fascia

• Fascia is used to create a barrier between the edge of the roof and the outside.
• It creates a smooth appearance to the edge and protects the roof from weather damage.
• Fascia also provides a point for the gutters and drainpipes to attach to.

Characteristics of Soffit

• A soffit is a part of the ceiling that is built lower than the area around it.
• It is the underlying material that is attached to the exposed overhang of the roof of the structure.
• Soffits are majorly used for decorative purposes in the room.

Asia Pacific is the largest architectural metal coatings market globally. There is a high demand for architectural metal coatings in the emerging markets of Asia Pacific due to the significant growth of the construction industry. 

Environment-friendly characteristics, durability, and better aesthetic appearance are driving consumption in various applications. China and India are the most important economies, which create high-growth opportunities in the construction sector of the region. Major European players shifting to developing countries such as India is a key factor providing growth opportunities for market players.

Key Market Players

The key players operating in the market are The Sherwin Williams Company (US), PPG Industries, Inc. (US), AkzoNobel N.V. (Netherlands), Axalta Coating Systems, LLC (US), and Nippon Paint Holdings Co. Ltd. (Japan).

Source: Markets and Markets