Key vendors to engage in M&A activities to gain market shares.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global metal coatings market in their latest research report. This report also lists five other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for metal coatings is highly fragmented in nature and is characterized by the presence of several vendors in the market space. The market is highly competitive and is predominantly dominated by global vendors. The dominant players in the market have a vast geographic presence with huge production facilities located globally. Vendors in the market space are likely to engage in M&As and collaborations to gain market shares during the forecast period.
According to Abhay Sinha, a lead analyst at Technavio for research on paints, coatings, and pigments, “Several vendors in the global paints and coatings market also provide support services in addition to manufacturing products. The provision of such services makes it possible to enhance customer relationships and provide a competitive advantage to the vendors in the market.”
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Top five vendors in the metal coatings market space
AkzoNobel
AkzoNobel is one of the major manufacturers and suppliers of specialty chemicals, paints, and performance coatings worldwide. The company caters to customers from the transportation, consumer goods, building and infrastructure, and industrial sectors. P&G, Shin-Etsu Chemical, Huntsman, Monsanto, BASF, Bayer, Dow, GE, Stora Enso, Unilever, OB, B&Q, Leroy, Airbus, BP, Boeing, IKEA, Philips, Samsung, Shell, Toyota, Whirlpool, Bosch, Dell, and Ford are some of its notable customers.
Key products: Vitalure 740, Aquaprime 108, Aquaprime 109, and Aquaprime 105.
PPG Industries
PPG Industries engages in the manufacture and distribution of specialty materials, coatings, and glass products for customers worldwide. It provides paints, protective and decorative coatings, and glass related solutions for customers in the industrial, construction, consumer products, and transportation markets and aftermarkets. The company has manufacturing facilities and subsidiaries in Argentina, Japan, Taiwan, Thailand, Brazil, Canada, India, China, Australia, the UK, the US, Germany, France, and Venezuela.
Key products: Duranar and Coraflon.
RPM International
RPM International manufactures and markets sealants, high-performance coatings, and specialty chemicals, especially for improving and maintaining the applications. The company has operational presence in over 24 countries and has around 120 manufacturing facilities across the globe.
Key products: Geogard seam sealer, Permafab, Republic Fluoro-Prime, TremLite Polyfoil Tape, Solargard 6083, Solargard Acrythane, Solargard Hy-Build, and Solargard Seam Sealer.
Sherwin-Williams
Sherwin-Williams provides advanced paints and coatings solutions in the global market. The company specializes in the development, manufacture, distribution, and sale of paints, coatings, and related products to industrial, professional, commercial, and retail customers.
Key products: Polane D 8700.
Henkel
Henkel operates through three business segments: laundry and home care, beauty care, and adhesive technologies. The company operates in the consumer and industrial sectors. The end users of the products include semiconductor packaging and PCBs.
Key products: Dry-film lubricants.
A more detailed analysis is available in the Technavio report, Global Metal Coatings Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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