Anti Corrosion Coating market

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Global Market

Anticorrosion

Coatings

By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

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Industry Market Research for Business Leaders, Strategists, Decision Makers

Press Release In the Report “Anticorrosion Coatings Market: By Base Material (Epoxy, Alkyd, Acrylic, Urethanes, Vinyl and Others); By Applications (Oil & Gas, Marine, Energy And Power, Construction and Infrastructure, Automotive, Aerospace and Others), By Geography– With Forecast 2018-2023)” published by IndustryARC, the market is influencing the growth, due to the increasing adoption in power generation, automotive & transportation, construction and infrastructure industry. Browse 22 Market Tables, 78 Figures spread through 156 slides and an in-depth TOC on “ Global Anticorrosion Coatings Market (2018 - 2023)” https://industryarc.com/Report/11671/anticorrosion-coatings-market.html Asia-Pacific with major share in the Anticorrosion Coatings Market Asia-Pacific dominates the anticorrosion market with a share of approximately 50% in 2018 and is slated to generate a revenue of $1.54 billion in 2018. The market for APAC is forecast to grow at a CAGR of 7.24% and will reach $2.32 billion by 2023, which is mainly attributed to the growing demand from the construction industry. Europe anticorrosion coatings market is scrutinized with respect to countries including U.K, France, Germany, Russia, Turkey and others. These regions are poised on the basis of its modesty in the automotive and aerospace industry. The total market for anti corrosion protection in Europe was $673.04 million in 2018 and is estimated to grow with a CAGR of 4.03% to reach $842.93 million during the forecast period of 2018-2023. Research activities are being carried out to innovate and are responsible to drive the anti-corrosion protection market. The global market for anticorrosion coating by base material was $18.79 billion in 2018 and is anticipated to see a surge during the prediction. The market will grow at a CAGR of 4.74% and to reach $24.40 billion till 2023. The major types of base materials used to protect from contact with water, high humidity, mist, salt and sand and other factors are as such epoxy, alkyd, acrylic and more. Epoxy paint based anticorrosion coating sector generated the maximum revenue of $7.51 billion in the overall anticorrosion coatings market at a CAGR of 4.75% to reach $9.31 billion by 2023. Epoxy coating based coating market is set to experience a surge due to the growing advancements in the oil & gas marine industry. Acrylic resins is a type of material, which do not hold a significant share in the overall anti corrosion coating market, yet they are anticipated to have a high and fast growth rate to a surface and mainly depends on the resin which is used in its formulation. Another type of material is alkyd based, which is applied to a surface and mainly depends on the resin which is used in its formulation. This type of material possesses properties like hardness, flexibility, abrasion resistance, alkali and adhesion resistance. The material used in services has shown a better functionality, thus playing a very important role in the coating formulation. Urethane resins are used in numerous applications such as foams, coatings, elastomers, resins, and medicine. The market for urethane based anti corrosion coating is estimated to grow at a CAGR of 5.84%, and will generate a revenue of $3.50 billion till 2023. Vinyl resin is highly resistant to heat and is durable as well. Vinyl also provides maximum corrosion resistance to most fuels, vapors as well as chemicals. The market is set to grow at a CAGR of 5.56% and to reach a revenue of $3.10 billion till 2023. Excerpts on Market Growth Factors Suppliers are working in the development of new improved product performance, by reducing the pricing factor coupled with product differentiation. This new entrant in the industry is prone to such fears for competitors and will be seen at a high growth rate. The increasing oil and gas drilling and exploration activities in the recent past have been the

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indirect cause of the rising consumption of high performance anti-corrosion coatings. The upsurge of these activities has led to an urgent need for maintenance in the industrial equipment. This has spurred the demand for protective coatings that improve the lifespan of metal surfaces and prevent it from corroding or getting damaged due to weathering and harsh climatic conditions. Recent developments in raw materials for these coatings might automate the product differentiation process, which going further will act as a serious threat for the current providers. Services such as specialty coatings will still see large players maintain their position in the market. Key players of the Anticorrosion Coatings Market The key players operating in anticorrosion coatings market are AkzoNobel N.V., BASF SE, Diamond Vogel Paints, PPG Industries, The Sherwin-Williams Company and others. AkzoNobel N.V. is the leading supplier in the anticorrosion coatings market contributing to nearly 18% of the overall revenue. AkzoNobel through its broad range of products and constant product launches and innovation, such as Resicoat and Cromadex are consequently maintaining their hold over the market. PPG Industries Inc. has been successful in catering to industrial and manufacturing needs, but their strong hold in the oil and gas sector is the prime reason they are amongst the leading suppliers. Aqaupon, Speedhide, PITT-TECH, 8340/2320 are some of its products that are utilized across the globe. The other finding says that for coming years, PPG Industries is supposed to maintain its position in the market. Browse Related Reports: Antifouling Paints and Coatings Market: by Type (Copper-Based, Self-Polishing, Hybrid, Others), Application (Shipping Vessels, Drilling Rigs & Production Platforms, Others), Region (APAC, Europe, North America, MEA, Latin America) - Forecast (2017 - 2025) https://industryarc.com/Report/16522/antifouling-paintscoatings-market.html

Abrasion Resistant Coatings Market: by Type (Ceramic Based and Polymer Based), Application (Oil & Gas, Industrial, Marine, Power Generation, Infrastructure, Transport, and Others) & by Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast (2017 - 2025) https://industryarc.com/Report/16520/abrasion-resistant-coatings-market.html

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Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

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Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Anti-Corrosion Coatings Market Overview 2. Executive Summary 3. Anti-Corrosion Coatings Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1. Product Benchmarking 3.2.2. End User profiling 3.2.3. Patent Analysis 3.2.4. Top 5 Financials Analysis 4. Anti-Corrosion Coatings Market Forces 4.1. Market Drivers 4.2. Market Constraints 4.3. Market Challenges 4.4. Attractiveness of the Industry 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Anti-Corrosion Coatings Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Opportunities Analysis 5.4. Product/Market Life Cycle Analysis 5.5. Suppliers and Distributors 6. Anti-Corrosion Coatings Market – By Resin Type 6.1. Introduction 6.2. Silicone 6.3. Ethyl Silicates 6.4. Epoxy 6.5. Alkyd resins 6.6. Polyesters 6.7. Phenolic resins 6.8. Amino resins 6.9. Polyamides 6.10. Polyurethane 6.11. Others 7. Anti-Corrosion Coatings Market – By Solvent 7.1. Introduction 7.2. Aliphatic hydrocarbons 7.3. Aromatic hydrocarbons 7.4. Ketones 7.5. Esters 7.6. Alcohols 7.7. Ethers 7.8. Others 8. Anti-Corrosion Coatings Market – By Binders 8.1. Introduction 8.2. Oxygen reactive binders

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8.3. Lacquers 8.4. Heat Conversion binders 8.5. Co-reactive binders 8.6. Condensation binders 8.7. Coalescent binders 8.8. Inorganic binders 8.9. Others 9. Anti-Corrosion Coatings Market – By Pigment 9.1. Introduction 9.2. Zinc Chromate 9.3. Magnesium 9.4. Red Oxide 9.5. Others 10. Anti-Corrosion Coatings Market – By Technology 10.1. Introduction 10.2. Solvent-Borne 10.3. Water-Borne 10.4. Solvent -Free 10.5. Hot Melt 10.6. Others 11. Anti-Corrosion Coatings Market – By Application 11.1. Introduction 11.2. Oil & Gas 11.3. Marine 11.4. Energy and Power 11.4.1. Solar Energy 11.4.2. Power plants 11.4.3. Wind turbines 11.5. Construction and Infrastructure 11.6. Automotive 11.7. Aerospace 11.8. Others 12. Anti-Corrosion Coatings Market - By Geography 12.1. Introduction 12.2. North America 12.2.1. U.S. 12.2.2. Canada 12.2.3. Mexico 12.3. South America 12.3.1. Brazil 12.3.2. Venezuela 12.3.3. Argentina 12.3.4. Ecuador 12.3.5. Peru 12.3.6. Colombia 12.3.7. Costa Rica 12.4. Europe 12.4.1. U.K 12.4.2. Germany 12.4.3. Italy 12.4.4. France 12.4.5. Netherlands 12.4.6. Belgium 12.4.7. Spain 12.4.8. Denmark 12.4.9. Rest of Europe 12.5. APAC 12.5.1. China

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12.5.2. Australia 12.5.3. South Korea 12.5.4. India 12.5.5. Taiwan 12.5.6. Malaysia 12.5.7. Hong Kong 12.5.8. Rest of APAC 12.5.9. Middle East& Africa 12.5.10. Israel 12.5.11. South Africa 12.5.12. Saudi Arabia 12.6. Rest of Middle East and Africa 13. Market Entropy 13.1. New Product Launches 13.2. M&As, Collaborations, JVs, Partnership 14. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio) 14.1. 3M (US) 14.2. BASF SE (Germany) 14.3. Hempel Group (Europe) 14.4. Kansai Paint Co., Ltd (Japan) 14.5. PPG Industries (US) 14.6. The Dow Chemical Company (US), 14.7. Wacker Chemie AG (Germany) 14.8. Company 8 14.9. Company 9 14.10. Company 10 15. *More than 10 Companies are profiled in this Research Report* 16. "*Financials would be provided on a best efforts basis for private companies" 17. Appendix 17.1. Abbreviations 17.2. Sources 17.3. Research Methodology 17.4. Bibliography 17.5. Compilation of Expert Insights 17.6. Disclaimer

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Industry Market Research for Business Leaders, Strategists, Decision Makers

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Industry Market Research for Business Leaders, Strategists, Decision Makers

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