Anti-Corrosion Coating Market is expected to reach USD 41.37 Billion by 2026 from USD 24.92 Billion in 2016 at a CAGR of 5.2%.
An anti-corrosion coating advantages of corrosion coatings include increased lifespan, reduced operating costs, improved appearance, increased durability and abrasion protection is fueling the market growth. Increasing requirement for anti corrosion coatings in marine, oil & gas, construction, power generation, and other industries are anticipated to positively impact the market growth in the forecast period. Investment in infrastructures in the construction and transportation sectors in the emerging economies is the major key factor driving the market growth. Fluctuating prices of crude oil is about to restrain the growth of the market.
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Anti-Corrosion Coating Market
Anti-corrosion coating market based on type has been segmented into epoxy, acrylic, polyurethane, alkyd, chlorinated rubber, zinc and others. Epoxy segment is expected to be one of the major contributors for the market during the forecast period. This is due to the rising demand for epoxy coatings from oil & gas, marine and infrastructure industries.
Anti-corrosion coating market based on technology has been segmented into waterborne, solvent-borne and powder coating. Solvent-borne segment is expected to grow at a high CAGR during the forecast period. Solvent-borne formulations are largely used in industrial coatings, automotive coatings and printing inks.
Anti-corrosion coating market based on end-use industry has been segmented into marine, oil & gas, industrial, infrastructure, power generation, automotive & transportation and others.
Geographically, the anti-corrosion coatings market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to be one of the largest markets for anti-corrosion coatings during the forecast period. This is due to the rising demand for anti-corrosion coating from power generation and automotive & transportation industries in this region.
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Scope of the Report:
Anti-Corrosion Coating Market, By Type:
• Epoxy
• Acrylic
• Polyurethane
• Alkyd
• Zinc
• Chlorinated Rubber
• Others
Anti-Corrosion Coating Market, By Technology:
• Water-borne
• Solvent-borne
• Powder Coating
Anti-Corrosion Coating Market, By End-Use Industry:
• Marine
• Industrial
• Oil & Gas
• Infrastructure
• Power Generation
• Automotive & Transportation
• Others
Anti-Corrosion Coating Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players analysed in the Report:
• AkzoNobel N.V. (Netherlands)
• Axalta Coating Systems Ltd. (US)
• PPG Industries, Inc. (US)
• BASF SE (Germany)
• Ashland Inc. (US)
• The Sherwin-Williams Company (US)
• Hempel A/S (Denmark)
• RPM International Inc. (US)
• Jotun (Norway)
• Kansai Paint Co., Ltd. (Japan)
MAJOR TOC OF THE REPORT
Chapter One: Anti-Corrosion Coating Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Anti-Corrosion Coating Market Competition, by Players
Chapter Four: Global Anti-Corrosion Coating Market Size by Regions
Chapter Five: North America Anti-Corrosion Coating Revenue by Countries
Chapter Six: Europe Anti-Corrosion Coating Revenue by Countries
Chapter Seven: Asia-Pacific Anti-Corrosion Coating Revenue by Countries
Chapter Eight: South America Anti-Corrosion Coating Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Anti-Corrosion Coating by Countries
Chapter Ten: Global Anti-Corrosion Coating Market Segment by Type
Chapter Eleven: Global Anti-Corrosion Coating Market Segment by Application
Chapter Twelve: Global Anti-Corrosion Coating Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Anti-Corrosion Coating Market Report at: https://www.maximizemarketresearch.com/market-report/anti-corrosion-coating-market/2508/
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