The global Pre-Painted Steel Coil market is expected to reach USD 24.3 billion by 2035, up from USD 12.1 billion in 2024. During the forecast period (2025 to 2035), the industry is projected to expand at a CAGR of 6.6%.Over the span of next ten years, the industry is poised to grow 1.9X with an absolute dollar opportunity of USD 11.5 billion. This growth trajectory underscores a favorable outlook for the market, highlighting substantial potential for investment and development.

Pre-painted steel coils are galvanized or galvalume steel sheets coated with protective and decorative paint layers, offering enhanced corrosion resistance, aesthetic appeal, and durability. Widely used in construction, appliances, automotive, and furniture industries, these coils reduce the need for post-fabrication painting, improving efficiency and product lifespan. Their versatility, recyclability, and ease of installation make them a preferred material for modern infrastructure and manufacturing applications.

Key Takeaways from Market Study

• Global pre-painted steel coil market to reach US$ 19.79 billion by 2032.
• Metal buildings segment to account for over 70% of global market share by volume in 2022.
• Asia Pacific market to hold over 40% revenue share in 2022 and maintain its lead through 2032.
• Market in China forecast to reach a valuation of US$ 3.5 billion by 2032.
• Post-frame buildings segment to witness steady growth due to cost-effective construction applications.

“Increasing demand for warehouses driven by e-commerce growth, coupled with the rising penetration of pre-engineered steel buildings in Asia Pacific, is expected to propel the pre-painted steel coil market over the forecast period,” says a Fact.MR analyst

Winning Strategy

Key market players are focusing on product innovation, capacity expansions, and strategic partnerships to strengthen their market position. Companies are investing in advanced coating technologies and eco-friendly paint options to meet sustainability demands. To capture high market share in emerging economies, firms are expanding their global footprint and forming alliances to diversify product portfolios.

For instance:

• In December 2021, Ternium USA announced the addition of a second coil-coating paint line at its Shreveport, Louisiana facility, increasing production capacity by 53%.
• In November 2021, POSCO signed a memorandum of understanding with Brazilian raw material supplier Vale to jointly research low-carbon raw materials, enhancing sustainability in pre-painted steel coil production.

 More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global pre-painted steel coil market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study provides essential insights into the market based on application (metal buildings, post-frame buildings, automotive buildings, agriculture buildings, aviation buildings, commercial buildings, residential buildings, others) and region (North America, Europe, Asia Pacific, Latin America, and MEA).

Key Companies Profiled

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

Industry News

• In April 2021, SSAB and Volvo Group signed a collaboration agreement for the research, development, and production of fossil-free steel for vehicles, supporting sustainability in the pre-painted steel coil market
• In 2022, the rising trend of modular construction and pre-engineered buildings in Asia Pacific boosted demand for pre-painted steel coils, particularly in China, Japan, and India.

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