According to the research report titled ‘Metal Coil Lamination Market Size By Type, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026‘, available with Market Study Report, global metal coil lamination market is expected to witness significant growth during 2020-2026.
 

Rising utilization of metal films in packaging and automotive industry is a major factor driving the global metal coil lamination market growth. Also, applications of metal coil laminations in several home appliances such as refrigerator stainless door panels, stainless steel range hood, and appliance stainless chassis is accelerating market expansion.
 

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Moreover, application in food sector for packing products such as coffee, ready to eat snacks, ice-creams, freezer to microwave, and boil in bag pouches is also propelling the global metal coil lamination market growth in coming years. Further, ability of the product to impart impressive, beautiful color and design while ensuring durability of the base metal will continue to sustain the overall industry growth.
 

With regards to the application scope, global metal coil lamination market is segmented into appliances, automotive, food & beverages packaging and metal construction. Among these, automotive application segment is expected to a record a CAGR of 5% during the forecast period owing to rising adoption of lightweight trims and components in vehicles.
 

From a geographical point of view, LATAM metal coil laminations market is predicted to expand at a CAGR of 4% during the analysis period mainly due to escalation in construction activities across the region. Meanwhile, MEA region captured 5% of the market share owing to high preference of the populace towards vehicles that feature visually attractive interior components.
 

Major players influencing global metal coil lamination market trends are American Nickeloid Company, Toyo Kohan Co., Ltd., Lienchy Laminated Metal Co., Ltd., Material Sciences Corporation, Orion Profiles Limited, Berlin Metals LLC, Sika AG, Polytech America, LLC, Jindal Poly Films Limited, Globus S.r.l, Mitsubishi Chemical Holdings Corporation, Metalcolour A/S, Metal Trade Comax, Inc., Celplast Metallized Products, Ltd., and ArcelorMittal S.A.