Global Corrosion Protective Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global corrosion protective coatings market in its upcoming report titled, “Global Corrosion Protective Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global corrosion protective coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global corrosion protective coatings market report has been segmented on the basis of resin type, technology, application, and region.
Corrosion protective coatings are mainly used to protect various metal instruments against deterioration due to moisture, salt spray, oxidation or exposure to different industrial chemicals. Corrosion protective coatings create a thin coating on a surface which avoids moisture to come in contact with metal surface thus preventing corrosion. It offers excellent adhesion to resist abrasion and corrosion. Therefore, corrosion protective coatings are utilized on large scale in various end-use industries across the globe. Corrosion protective coatings are applied to increase the durability and performance of equipment. Owing to its multiple features, they are employed/used in multiple applications such as marine, automotive, construction and building, industrial, aerospace, defense, and others.
Rising export and import through cargos and shipments in various developing and developed countries increases demand for coating the ships for commercial purposes. Corrosion protective coatings hold properties such as dimensional stability, thermal resistance, advanced toughness, and others. These are major factors driving growth of the global corrosion protective coating market.
Corrosion protective coatings are no toxic or less content that is produced by considering environmental regulations are expected to reduce harmful gases emissions in environment. These are some additional factors help to endorse corrosion protective coatings globally. Corrosion protective coatings are utilized in marine applications and multiple industrial applications where atmosphere is deteriorating and corrosive.
However, strict environmental regulation in developing as well as developed countries with respect to manufacturing process are some major factors projected to restrain growth of the global corrosion protective coatings market.
Asia Pacific corrosion protective coatings market is estimated to account for major share in terms of revenue in 2017, and is projected to maintain its dominance over the forecast period, owing to growing demand for corrosion protective coatings from various sectors such as marine, automotive, construction, aerospace, and oil & gas in the countries in this region. Asia Pacific corrosion protective coatings market is also anticipated to register fastest growth in terms of revenue in next ten years.
Global Corrosion Protective Coatings Market Segmentation:
Segmentation by resin type:
- Polyurethane
- Alkyd
- Epoxy
- Acrylic
- Others (silicone and zinc)
Segmentation by technology:
- Powder-based
- Water-based
- Solvent-based
Segmentation by application:
- Marine
- Oil & Gas
- Automotive
- Industrial
- Building & Construction
- Others (aerospace and defense)
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Akzo Nobel N.V.
- The Sherwin-Williams Company
- PPG Industries, Inc.
- Ashland Inc.
- Carboline Company
- STEULER - KCH GmbH
- Aremco
- BASF Coatings
- Chemco International Ltd.
- Koch Knight LLC
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