What is Global Home Appliance Color-Coated Sheet Market?
The Global Home Appliance Color-Coated Sheet Market is a sector that focuses on the production and distribution of color-coated sheets used in the manufacturing of home appliances. These sheets are essentially steel or aluminum sheets that have been coated with a layer of color for aesthetic and functional purposes. The market is global in nature, encompassing manufacturers, suppliers, and consumers from all around the world. The color-coated sheets are used in a variety of home appliances, including refrigerators, washing machines, air conditioners, and more. The market's value is determined by the demand for these appliances and the quality and cost of the color-coated sheets. The market is influenced by factors such as technological advancements, consumer preferences, and economic conditions.
PCM, VCM in the Global Home Appliance Color-Coated Sheet Market:
The Global Home Appliance Color-Coated Sheet Market is segmented into two main categories based on the type of coating used: PCM (Pre-Coated Metal) and VCM (Vinyl Coated Metal). PCM is a type of coating where the metal is coated before it is formed into the final product. This method is preferred for its durability and resistance to corrosion. On the other hand, VCM is a type of coating where the metal is coated after it has been formed into the final product. This method is preferred for its flexibility and aesthetic appeal. The choice between PCM and VCM depends on the specific requirements of the appliance and the preferences of the manufacturer. The market for these coatings is influenced by factors such as the demand for home appliances, the cost of the coatings, and the technological advancements in the coating process.
Refrigerator, Washing Machine, Air Conditioning, TV, Audio-video Product, Micro-wave Oven, Water Heater, Others in the Global Home Appliance Color-Coated Sheet Market:
The Global Home Appliance Color-Coated Sheet Market finds its application in a wide range of areas. These include Refrigerator, Washing Machine, Air Conditioning, TV, Audio-video Product, Micro-wave Oven, Water Heater, and others. In refrigerators, these sheets are used in the exterior and interior body for aesthetic appeal and durability. In washing machines, they are used in the drum and the body for resistance to water and detergents. In air conditioners, they are used in the body for resistance to weather conditions. In TVs and audio-video products, they are used in the body for aesthetic appeal. In microwave ovens, they are used in the body for resistance to heat. In water heaters, they are used in the tank for resistance to water and heat. The demand for these applications is influenced by factors such as the demand for these appliances, the quality of the sheets, and the cost of the sheets.
Global Home Appliance Color-Coated Sheet Market Outlook:
Looking at the market outlook for the Global Home Appliance Color-Coated Sheet Market, it is evident that the market is on a growth trajectory. In 2023, the market was valued at US$ 2954 million. It is projected to reach a value of US$ 3607.1 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for home appliances and the advancements in the coating technology. The market is dominated by the top 5 companies, which hold a share of about 35%. In terms of product type, PCM is the largest segment, accounting for a share of over 75%. This dominance of PCM can be attributed to its durability and resistance to corrosion.
| Report Metric | Details |
| Report Name | Home Appliance Color-Coated Sheet Market |
| Accounted market size in 2023 | US$ 2954 million |
| Forecasted market size in 2030 | US$ 3607.1 million |
| CAGR | 2.9% |
| 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 | Qingdao Hegang New Material Technology, Jiangsu Liba, Suzhou Hesheng, ZHUHAI SPEEDBIRD PVC LAMINATED METAL SHEET CO,. LTD, Suzhou Xinying, Genzon Investment Group, Jiangyin Haimei, Hebei Zhaojian Metal Product, Yieh Phui (China), Suzhou Yangtze New Materials, Anhui Wonderful-wall Color Coating Aluminium Science Technology, Jiangsu Jiangnan, Dingchuan Shengyu, DK Dongshin, Dongkuk Steel, Dongbu Steel, POSCO, BN STEELA, DCM CORP, SAMYANG METAL, AJU Steel Co Ltd, Lampre, HANWA Steel, JFE Steel, NSSMC, Shandong Guanzhou, Zhejiang Huada, Jiangsu Zhongwei, Tianjin Xinyu, Tianjin Pipe, Hefei Dadong, Puluofei New Material |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
