Anti-Corrosion Coatings Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

Global Anti-Corrosion Coatings Market is projected to be valued $37.6 Billion by 2025; with a CAGR of 5.2% from 2017 to 2025. Anti-Corrosion Coatings are used to make a protective coating on the metal surfaces to prevent them from oxidation, harsh climatic conditions, weathering and a variety of environmental or industrial chemicals. High performance anti-corrosion coatings act as a barrier to prevent the interaction between the corrosive materials or chemical compounds and protect the vessels, components, and the equipment from corroding over time, thus increasing their lifespan and durability. Some of the anti-corrosion coatings like zinc, acrylic, chlorinated rubber, epoxy, alkyd, polyurethane, silicates, and fluorocarbons are widely used for industrial purposes.

Various factors driving the growth of the global anti-corrosion coatings market include up gradation of infrastructure, increasing losses owing to corrosion, and growing end-use industries. Though, environmental regulations might impact the growth of the anti-corrosion coatings market adversely. However, emergent regions and demand about high-efficiency anti-corrosion coatings would offer more growth opportunities for the players of this market over the forecasted years.

The global anti-corrosion coatings market is classified on the basis of type, technology, end use industry, and geography. The anti-corrosion coatings market is segmented by type into polyurethane, epoxy, acrylic, alkyd, chlorinated rubber, zinc, and other types. Technology is further segmented into waterborne, solvent-borne, and powder coating. Further, the market is segmented by end use industry as oil & gas, marine, industrial, infrastructure, automotive & transportation, power generation, and other end use industries.

Geographically, the global anti-corrosion coatings market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Major players operating in this market are BASF SE, Hempel A/S, The Sherwin-Williams Company, Axalta Coating Systems, AkzoNobel N.V., PPG Industries, Inc., Ashland Inc., Jotun, Kansai Paint Co., Ltd., and RPM International Inc., among others.

The key takeaways from the report

• The detailed analysis of Global Anti-Corrosion Coatings Marketwith respect to key segments such as type, technology, end use industry, and geography has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
• Comprehensive analysis of market dynamics including Growth factors, restraining factors and opportunities will be provided in the report
• An exhaustive regional and country wise analysis of Global Anti-Corrosion Coatings Markethas been covered in the report
• Profile of the major key players operating in the Global Anti-Corrosion Coatings Marketwill be provided, with detailed study on their key financials, product & services, new developments and business strategies.

Scope of the Global Anti-Corrosion Coatings Market

Type Segments

• Polyurethane
• Epoxy
• Acrylic
• Alkyd
• Chlorinated Rubber
• Zinc
• Other Types

Technology Segments

• Waterborne
• Solvent-borne
• Powder Coating

End Use Industry Segments

• Oil & Gas
• Marine
• Industrial
• Infrastructure
• Automotive & Transportation
• Power Generation
• Other End Use Industries

Geographical Segments

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Russia
• Germany
• France
• Italy
• Rest of Europe
• Asia-Pacific
• India
• China
• Japan
• South Korea
• Rest of Asia-Pacific
• RoW
• South America
• Middle East
• Africa