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Global anti-corrosion coating market was valued at $14,276 million in 2015, and is expected to grow at a CAGR of 9.7% to reach $ 26,627 million by 2022.
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Anti-Corrosion Coating Market Expected to Reach $26,627 Million, Globally, by 2022
Introduction • Global anti-corrosion coating market was valued at $14,276 million in 2015, and is expected to reach $26,627 million by 2022, growing at a CAGR of 9.7% during the forecast period. • An anti-corrosion coating protects the metal substrate from humidity, moisture, salt water, oxidation, and exposure to a variety of environmental or industrial chemicals. • The global anti-corrosion coating market is segmented based on type, technology, end-user industry, and geography. • The epoxy segment possesses high market potential, as it has large number of applications in marine, automobile, and construction industries. It is expected to grow at a CAGR of 9.7% from 2016 to 2022. • Powder anti-corrosion coating is expected to be grow at the highest rate, owing to its zero volatile organic compounds (VOCs) emission and ecofriendly nature.
The marine end-user segment occupied the highest share in 2015, and is expected to grow at a CAGR of 9.9%, in terms of value, during the forecast period. • Asia-Pacific is the leading consumer of anti-corrosion coatings, accounting for approximately more than one-third share of the global market, followed by North America. • The acrylic anti-corrosion coating type is expected to witness the highest CAGR of 10.4%. • Solvent-borne anti-corrosion coating segment accounted for more than three-fifths of the global anti-corrosion coating market in 2015. • China is the leading market in the Asia-Pacific region, growing at a CAGR 10.4%. Key Findings of theMarket
This report provides an extensive analysis of the current trends, future estimations, and dynamics from 2014 to 2022 of the global anti-corrosion coating market, which assist to identify the prevailing opportunities. • Geographically, the market is analyzed based on various regions, such as North America, Europe, Asia-Pacific, and LAMEA. • Extensive market analysis predicts the applications that are currently used along with the variants that are expected to gain prominence in the future. • Detailed analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. • Key players are profiled and their strategies are analyzed thoroughly to portray the competitive market outlook. Key Benefits Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/1592
By Type • Epoxy • Polyurethane • Acrylic • Alkyd • Zinc • Chlorinated Rubber • Others (Silicates, Fluorocarbons, Copolymers, Graphene, Ceramic, and Glass Flakes) • By Technology • Solvent-Borne • Water Borne • Powder • Others (High-Energy Cure Coatings and Nanocoatings) • By End-User Industry • Marine • Oil & Gas • Industrial • Construction • Energy • Power Plants • Solar Energy • Wind Turbines • Automotive • Others (Pipes & Tanks and Wastewater Treatment Plants) • By Geography • North America • Europe • Asia-Pacific • LAMEA MarketSegmentation
3M Co., • AkzoNobelN.V., • BASF SE, • Hempel A/S, • Kansai Paints Co., Ltd, • Nippon Paints Co. Ltd., • PPG Industries, Inc., • Others Key Players of theMarket For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/1592
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