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Technavio’s market research analyst predicts the global consumer appliance coatings market to grow at a CAGR of around 7% during the forecast period. The growth of the consumer appliance market globally and the increased demand for solvent-free coatings are the key drivers for the market growth of consumer appliance coatings. The rising demand from emerging markets such as APAC is also expected to boost the market during the forecast period.
The advances being made in coil coatings is also driving the demand for consumer appliance coatings. Silver metallic coatings and faux silver stainless steel finishes are gaining popularity due to the enormous demand for pre-painted metals and stainless steels. Vendors such as Dow Chemicals are introducing new technologies such as Liquid-Applied Sound Damping (LASD) which reduces noise and vibration in home appliances. The use of such technologies is expected to allow for cost-efficient production of coil coatings during the forecast period.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Household appliance industry outlook
PART 06: Macro-economic industry outlook
PART 07: Market landscape
PART 08: Market segmentation by application
PART 09: Market segmentation by resin type
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
PART 18: Appendix
PART 19: Explore Technavio
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