What is Global Appliance Color-Coated Sheet Market?
The Global Appliance Color-Coated Sheet Market is a vast and dynamic sector that encompasses a wide range of products. These products are essentially sheets of metal that have been coated with a layer of color, and they are used in the manufacturing of various appliances. The color coating not only enhances the aesthetic appeal of the appliances but also provides a protective layer against corrosion and wear. The market for these color-coated sheets is truly global in nature, with demand stemming from various regions across the world. The market is driven by the growing demand for appliances in both developed and developing countries, as well as the increasing preference for aesthetically pleasing appliances among consumers. The market is also influenced by technological advancements in coating technologies, which have led to the development of more durable and cost-effective color-coated sheets.
PCM Color-Coated Sheet, VCM Color-Coated Sheet in the Global Appliance Color-Coated Sheet Market:
PCM (Pre-coated Metal) and VCM (Vinyl Coated Metal) are two key types of color-coated sheets used in the Global Appliance Color-Coated Sheet Market. PCM sheets are pre-painted metal sheets that are known for their high durability and resistance to corrosion. They are widely used in the manufacturing of appliances such as refrigerators, washing machines, and air conditioners. On the other hand, VCM sheets are vinyl-coated metal sheets that offer excellent formability and design flexibility. They are commonly used in the production of TV sets, audio-video products, and microwave ovens. Both PCM and VCM sheets play a crucial role in the appliance manufacturing industry, offering manufacturers a wide range of options in terms of design, durability, and cost-effectiveness.
Refrigerator, Washing Machine, Air Conditioner, TV set, Audio-video Product, Microwave Oven, Water Heater, Light-fixture, Others in the Global Appliance Color-Coated Sheet Market:
The Global Appliance Color-Coated Sheet Market finds its application in a wide range of areas. Refrigerators, for instance, often use these sheets for their exterior panels, providing a sleek and modern look. Washing machines and air conditioners also use these sheets for their outer bodies, enhancing their durability and aesthetic appeal. TV sets, audio-video products, and microwave ovens use these sheets for their casings, offering a stylish and contemporary look. Water heaters and light fixtures also benefit from these sheets, as they provide a protective layer against corrosion and wear. Other applications include various household and commercial appliances. The use of color-coated sheets in these areas not only enhances the visual appeal of the appliances but also improves their longevity and performance.
Global Appliance Color-Coated Sheet Market Outlook:
Looking at the market outlook for the Global Appliance Color-Coated Sheet Market, it's clear that this sector is set for steady growth. In 2023, the market was valued at a substantial US$ 2116.5 million. Fast forward to 2030, and it's projected to reach an impressive US$ 2682.1 million. This represents a compound annual growth rate (CAGR) of 3.4% during the forecast period from 2024 to 2030. The refrigerator application holds the lion's share of the market, accounting for 50% of the global market. The market is not highly concentrated, with the leading producer, HBIS, holding a market share of 12%.
| Report Metric | Details |
| Report Name | Appliance Color-Coated Sheet Market |
| Accounted market size in 2023 | US$ 2116.5 million |
| Forecasted market size in 2030 | US$ 2682.1 million |
| CAGR | 3.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | HBIS, Jiangsu Liba, Hesheng, New Swallow, Shenzhen Welmeta, Jiangyin Haimei, Hebei Zhaojian, YIEH PHUI, Suzhou Yangtze, Wonderful-wall Color, Jiangsu Jiangnan, Dianchuan, EASTNM, DK Dongshin, Dongkuk Steel, Dongbu Steel, POSCO, BN STEELA, DCM CORP, SAMYANG METAL, AJU Steel Co Ltd, Lampre, HANWA Steel, JFE Steel, NSSMC |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
