#AntiCorrosionCoating
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Anti-Corrosion Coating Market — Forecast(2025–2031)
🌍 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐃𝐮𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲: 𝐀𝐧𝐭𝐢-𝐂𝐨𝐫𝐫𝐨𝐬𝐢𝐨𝐧 𝐂𝐨𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 | IndustryARC™
The global anti-corrosion coating market was valued at $32.6 billion in 2023, and is projected to reach $54.4 billion by 2033, growing at a CAGR of 5.4% from 2024 to 2033.
👉𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 :
🔹Increase in demand for infrastructure development and rise in focus on #sustainable_coatings are key drivers of growth in the anti-corrosion coating market. Infrastructure projects such as bridges, highways, pipelines, and buildings require robust protective solutions to withstand environmental challenges and extend asset lifespans, leading to higher demand for anti-corrosion coatings.
🔹Anti-corrosion coatings are protective layers applied to metal surfaces to prevent or slow down the process of #corrosion caused by environmental factors such as moisture, chemicals, and temperature fluctuations. These coatings act as a barrier, shielding the underlying material from exposure to corrosive elements, thereby extending the lifespan and maintaining the structural integrity of the object or surface.
🔹According to the opinions of various CXOs of leading companies, the anti-corrosion coating market is expected to witness growth during the forecast period owing to increase in demand for infrastructure development and surge in focus on sustainable coatings.
📊 𝐆𝐞𝐭 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 :
𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:
✨ Rising Infrastructure Projects: Global investments in bridges, pipelines, and offshore platforms are boosting demand.
♻️ Sustainability Focus: Eco-friendly, low-VOC coatings are becoming industry standards.
🚀 Technological Innovations: Nanotechnology and smart coatings are revolutionizing corrosion resistance.
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✅ 𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗚𝗶𝘃𝗲𝗻 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁: Evonik Coating Additives | Evonik | Wasco | Graco Protective Coatings Equipment | OIL TECH OIL & GAS SERVICES LLC | HILONG GROUP OF COMPANIES | Man Industries Ltd | Vitracoat, Inc. | Guangzhou Lushan New Materials Co.,Ltd | Lushan Advanced Materials (Malaysia) Sdn. Bhd. | Shandong Kaitai Metal Abrasive Co.,Ltd | Kansai Paint Co.,Ltd | PPG | PPG Asian Paints | Nippon Paint Holdings Co., Ltd. | AkzoNobel | 3M | Sika | Hempel A/S | Axalta | Sherwin-Williams |
#AntiCorrosionCoating#CorrosionProtection#IndustrialCoatings#ProtectiveCoatings#SurfaceTreatment#RustPrevention#MarineCoatings#OilAndGasCoatings#PipelineProtection#CoatingTechnology#AdvancedCoatings#MetalProtection#CorrosionControl#EpoxyCoatings#NanoCoatings#WaterproofCoatings#PolyurethaneCoatings#SurfaceEngineering#CoatingInnovation#SustainableCoatings
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Anti Corrosion Reinforcing Steel #anticorrosionsteel #anticorrosioncoating #anticorrosionpaint #reinforcement #reinforcedcementconcrete #reinforcementsteel #corrosionprevention #buildingconstruction #building_construction #beamreinforcement #beamcolumnjoint #beamcolumnreinforcement #civilengineering #civilengineer #civilengineers #civil_engineer #civil_engineering #engineercivil #constructions #civilconstruction #constructionlife #civilengineeringstudent https://www.instagram.com/p/CRrRvbTrrrV/?utm_medium=tumblr
#anticorrosionsteel#anticorrosioncoating#anticorrosionpaint#reinforcement#reinforcedcementconcrete#reinforcementsteel#corrosionprevention#buildingconstruction#building_construction#beamreinforcement#beamcolumnjoint#beamcolumnreinforcement#civilengineering#civilengineer#civilengineers#civil_engineer#civil_engineering#engineercivil#constructions#civilconstruction#constructionlife#civilengineeringstudent
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Anti-Corrosion Coatings Market is growing at a CAGR of 5% during the forecast 2018-2023.
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 inpower generation, automotive & transportation,construction and infrastructure industry. 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 arevenue of $1.54billion in 2018. The market for APAC is forecast to grow at a CAGR of 7.24% and will reach $2.32billion 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 anticorrosion 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 beingcarried out to innovate and are responsible to drive the anti-corrosion protection market. Selected Base Material Analysis done in the full Report: 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 anticorrosioncoatings 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 anticorrosion 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. To access / purchase the full report browse the link below: https://industryarc.com/Report/11671/anticorrosion-coatings-market.html 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. Thistype of material possesses properties likehardness, flexibility, abrasion resistance, alkali and adhesion resistance. The material used in services has shown abetter functionality, thus playinga 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 anticorrosion 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 heatand 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 arevenue 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 ahigh growth rate. • The increasing oil and gas drilling and exploration activities in the recent past have been the 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 inthe industrialequipment.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 Cromadexare 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 thatare utilized across the globe. The other finding saysthat for coming years, PPG Industries is supposed tomaintain its positionin the market. Anticorrosion Coatings Market report is segmented as below: The Global Anticorrosion Coatings Market study across various end user industries is incorporated in the report. A. Global Anticorrosion Market By Base Material 1. Epoxy 2. Alkyd 3. Acrylic 4. Urethanes 5. Vinyl 6. Others B. Global Anticorrosion Market By Applications 1. Oil & Gas 2. Marine 3. Energy And Power 4. Construction and Infrastructure 5. Automotive 6. Aerospace 7. Others C. Anticorrosion Coatings Market by Geography (covers 10+ countries) D. Anticorrosion Coatings Market Entropy Companies Citied / Interviewed 1. Kansai Paint Co.,Ltd 2. Jotun E. I. Du Pont De Nemours And Company 3. Axalta Coating Systems, Llc 4. Hempel A/S 5. Nippon Paint Holdings Co., Ltd. 6. The Valspar Corporation Related Report: A. Antifouling Paints and Coatings Market https://industryarc.com/Report/16522/antifouling-paintscoatings-market.html B. Abrasion Resistant Coating Market https://industryarc.com/Report/16520/abrasion-resistant-coatings-market.html What can you expect from the report? The Anticorrosion Coatings Market Report is Prepared with the Main Agenda to Cover the following 20 points: 1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume) 2. Market trends & Relevant Market Data 12. Country level Analysis 3. Manufacturer Landscape 13. Competitor Analysis 4. Distributor Landscape 14. Market Shares Analysis 5. Pricing Analysis 15. Value Chain Analysis 6. Top 10 End user Analysis 16. Supply Chain Analysis 7. Product Benchmarking 17. Strategic Analysis 8. Product Developments 18. Current & Future Market Landscape Analysis 9. Mergers & Acquisition Analysis 19. Opportunity Analysis 10. Patent Analysis 20. Revenue and Volume Analysis Frequently Asked Questions: Q. Does IndustryARC provide customized reports and charge additionally for limited customization? Response:Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization: 1. Increase the level of data in application or end user industry. 2. Increase the number of countries in geography chapter. 3. Find out market shares for other smaller companies or companies which are of interest to you. 4. Company profiles can be requested based on your interests. 5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services. Media Contact: Mr. Venkat Reddy Sales Manager Email 1: [email protected] Or Email 2: [email protected] Contact Sales: +1-614-588-8538 (Ext-101) About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
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Anti Corrosion Coating Market 2018: Trends, Size, Share, Growth and Forecast 2023
Market Research Future Published a Half Cooked Research “Global Anti Corrosion Coating Market Research Report – Forecast to 2023”- Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023
The Global Anti Corrosion Coating Market is driven by some of the leading players operating in the market including 3M (US), BASF SE (Germany), Hempel Group (Europe), Kansai Paint Co., Ltd (Japan), PPG Industries (US), The Dow Chemical Company (US), WackerChemie AG (Germany), Valspar (US), Bluchem (South Africa), RPM International Inc.(US) With their sedulous work these fervent players are constantly bringing up novelties in Anti Corrosion Coating. Acknowledging their contribution, MRFR has profiled them in their Analysis.
Anti Corrosion Coating Market – Overview Anti-Corrosion Coatings Market contest the destructive effects of corrosion on metal providing protection to the substance/equipment used in the various industries such as energy industry (oil, gas, coal, nuclear, hydro, biomass, and other renewable energy sources) Shipbuilding & Marine industry, Transport & Automotive industries that are constantly confronted to the extreme weather conditions and so to the threats of corrosion. Since weather conditions differ depending upon the various regional locations; Anti Corrosion Coatings are specially designed to match various expected conditions.
Owing to the rising demand for the sustainable/ alternative energy generation sources such as hydro, biomass etc. energy industry is booming fuelling the demand for Anti Corrosion Coatings which coupled with the demand from other burgeoning industries like Marine & Automotive industry, is driving the market growth of Anti Corrosion Coatings; which will further convert the market in to a vastly expanded place in the years to come.
Accrediting the kind of traction the Anti-Corrosion Coatings Market is garnering currently and the growth prospect the market is demonstrating currently, the Market Research Future has recently published a meticulous study report. In which MRFR asserts that the Global Anti Corrosion Coating Market is projected to perceive accruals of USD ~ 33.27 Billion by 2023 with CAGR of ~5.3% during 2016 to 2023.
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Anti-Corrosion Coating Market – Competitive Analysis Characterized by the presence of several major well-established and small-scale players, the global market of Anti-Corrosion Coating appears to be highly fragmented and competitive. Though the large companies have a great geographical presence, the entry of several new companies will pose a stiff competition to them. Emphasising upon new product development initiatives, and geographical expansion; Marketers compete based upon price and brand reinforcement. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. These key players strive to develop a wide range of diverse products each intended for a particular purpose.
Industry/Innovation/Related News Dec. 11, 2017 – Greenkote, the Ohio-based developer of advanced anti-corrosion metal coatings announced the sale of a new Greenkote® coating system to Jim Lawrence Traditional Ironworks, Ltd., long-respected British creator of hand-crafted home lighting, hardware and furnishings. The Greenkote system is installed at Jim Lawrence facilities in Hadleigh, Suffolk, UK. The announcement was made jointly by Mark Gore, CEO of Greenkote, and Jim Lawrence, Founder/CEO of Jim Lawrence Traditional Ironworks.
November 01, 2017 – Researchers at Nanyang Technological University, Singapore (NTU Singapore) and national industrial developer JTC proposed a concept while looking for a commercially feasible solution to safeguard reinforced concrete from underground fires. And that they have invented an economical 3-in-1 coating that provided improved fire and corrosion protection. The new coating, which is known as ‘FiroShield’, is less laborious and less costly to apply, and can aesthetically function similar to normal paint.
October 27, 2017 – Worldwide coatings manufacturer Hempel, launched its new versatile activated zinc primer, Hempadur Avantguard 860. This product combines best in class corrosion protection, at the level of an inorganic zinc silicate, with the application benefits of an epoxy. Hempadur Avantguard 860 is designed to protect steel structures, such as wind turbine tower offshore and on, in moderate to severe corrosive environments.
August 29, 2017 – Flexcrete Technologies, (recently taken over by AkzoNobel) announced that they have developed Cemprotec E942, an anti-corrosion cementitious coating. Cemprotec E942 has been specified by Sir Robert McAlpine, using cementitious technology to protect 1,500m2 of new steel piling to ensure that the 20-year design life of the steelwork is achieved. E942 to provide enhanced chemical and abrasion resistance while allowing rapid completion of the coatings work due to limited preparation requirements of the steelwork.
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May 26, 2017 – EonCoat, LLC. A Raleigh, N.C.(US) -based company announced that the company has developed one of the first of a new category of coatings designed to stop corrosion, ease application, and reduce downtime. In contrast to traditional polymer and zinc coating that sit on top of the steel substrate, the corrosion-resistant ‘CBPC primer’ bonds through a chemical reaction with the substrate and slight surface oxidation actually improves the reaction.
May 25, 2017 – Modine Manufacturing Co. (US) a Global manufacturer of thermal management systems for vehicles and building HVAC, announced acquisition of Luvata Heat Transfer Systems, which manufactures heat exchanger coils, commercial refrigeration and industrial coolers, along with anti-corrosion coating solutions.
Anti-Corrosion Coating Market – Segmentation The Anti-Corrosion Coating Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type: Comprises Epoxy, Zinc, Acrylic, Silicone, Polyurethane Alkyd, Chlorinated Rubber, and Others (fluorocarbons, co-polymers, graphene, ceramic, and glass flakes).
Segmentation by Application: Comprises Water-Based Coating, Solvent-Based Coating, Powder Coating, and others (antifouling coatings, high-energy cure coatings, nano-coatings).
Segmentation by End User Industry: Comprises Oil & Gas, Shipbuilding, Marine, Energy, Transport, Automotive, and others (pipes & tanks, power plants, wastewater treatment plants, wind turbines, construction).
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Anti Corrosion Coating Market – Regional Analysis Asia Pacific is the largest market of Anticorrosion Coating due to demand in various applications such as marine and shipbuilding industry in China region followed by Japan, and India. APAC has increasing demand for water-based coating and solvent-based coating specifically in India, Taiwan, and South Korea .On the other hand North America region is the second highest production region for water-based coating and solvent-based coating. The third largest market of Anti Corrosion Coating is Europe followed by Latin America and Middle East. Latin America witnessed inclining growth of Anti Corrosion Coating market due to various applications such as oil & gas, shipbuilding, marine, energy, transport, automotive, and others.
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