Metal coil laminations market is set to experience a remunerative period of growth over the forthcoming timeframe owing to the increasing usage of metal films in packaging and automotive industry. Laminated metal is known as metal laminate sheets, PVC clad metal, VCM steel, and pre coated metal. It is a composite material which is made up of a colored film and a metal substrate. It combines beautiful, impressive color and design with the durability of base metal materials.
The coated metal provides a variety of visual aesthetics while also providing a practical and versatile solution. The coated metal is easy to maintain, has good weatherability, and is flame retardant.
Adoption of metal coil lamination could be seen in food packaging, automotive, home appliances like stainless steel range hood, refrigerator stainless door panels, and appliance stainless chassis. In furniture like in wine coolers, cake cabinets, wood grain laminate cabinets, display stands, and laminates.
The product usage is also seen in ship door panel, ship compartment, ship wall panel, and in elevator be it home elevator interior, elevator car interior, or elevator door panel, in 3C products such as computer case, mouse pad, notebook computer case, computer case, and in space design as well as safety planning like in fire door panels.
Metal coil lamination is also used in food & beverages packaging for food products, which includes ready to eat snacks, coffee, ice-creams, in boil in bag pouches, as well as in freezer to microwave.
With respect to metal coil lamination in interior d?cor, the products are generally used in wall materials and in decorative lines or top materials like ceilings, grilles, siding, hanging panels, skirting boards. They can be fully combined with practicality and aesthetics. One of the main benefits of metal coil lamination is that the metal does not burn, which is why they are majorly used in ceilings, fire doors, as well as other similar applications as compared to the plastic or wood materials.
The metal coil lamination market is segmented in terms of type, application, and regional landscape.
Based on application, the market is classified into automotive, appliances, metal construction, and food & beverages packaging. Among these the automotive application segment will witness growth owing to the increasing adoption of lightweight components and trims in vehicles. The segment will likely witness over 5% CAGR throughout the study timeframe.
In the automotive industry the product is used in a variety of automotive interior components which include seat inserts, door panels, headliners, protective window films, overhead systems and reinforced protective films
From a regional frame of reference, the LATAM metal coil laminations market will witness over 4% CAGR in industry size owing to increasing construction activities in the region. The MEA region accounted for over 5% volume share attributing to the adoption of vehicles that installed with visually attractive interior components.