Anti-Corrosion Coating Market - PowerPoint PPT Presentation

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Anti-Corrosion Coating Market

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Anti-Corrosion Coating market size is forecast to reach $24.7 billion by 2026, after growing at a CAGR of 5.5% during 2021-2026. – PowerPoint PPT presentation

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Title: Anti-Corrosion Coating Market


1
Anti-Corrosion Coating Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Anti-Corrosion Coating market size is forecast to
    reach 24.7 billion by 2026, after growing at a
    CAGR of 5.5 during 2021-2026. Anti-corrosion
    coatings are used to protect metal/alloys from
    natural degradation caused by different corrosive
    agents such as moisture, chemicals, salt, and
    others.
  • The growth in automotive production will drive
    anticorrosion coatings demand. For instance,
    according to International Energy Agency, in
    2018, 3.29 million electric vehicles deployed
    globally, and the number will increase up to 125
    million by 2030.

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3
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  • Key Takeaways
  • APAC dominated the anticorrosion coatings market
    with a share of approximately 56 in 2020, owing
    to growing investments in the infrastructure and
    construction industry in emerging countries such
    as China, India, and Japan.
  • In oil gas industry, corrosion in the pipelines
    or storage system due to reactive chemicals or
    organic salt in the oil can eventually cause a
    loss of containment of process fluids or can lead
    to serious accident affecting workers,
    environment and economy. Therefore, to reduce the
    risk of corrosion and safe guard the equipment
    containing crude oil and protect the whole
    refinery process, anticorrosion coatings are
    widely used in this industry.

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4
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Anti-Corrosion Coating Market Segment Analysis -
By Raw Material Resin Type segment held the
largest share in the anti-corrosion coatings
market in 2020 and is anticipated to grow at
a CAGR of 6.3 through the forecast period. The
Epoxy coating is widely used resin in the
anti-corrosion coatings market, owing to its
extensive properties such as excellent chemical
resistance, low porosity, anti-sagging, strong
adhesion, durability, and bond strength. Whereas,
silicone resins have properties such as thermal
stability, weathering resistance, maintaining
elasticity at low temperatures, low surface
tension, hydrophobicity, surface activity,
release, and lubricating properties.
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5
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  • Anti-Corrosion Coating Market Industry Outlook
  •  
  • BASF SE
  • Hempel A/S
  • PPG Industries
  • Kansai Paint Co., Ltd.
  • Jotun
  • Axalta Coating Systems
  • AkzoNobel N.V.
  • The Sherwin-Williams Company
  • RPM International Inc.
  • Nippon Paint Holdings Co., Ltd.

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6
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Anti-Corrosion Coating Market- Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Anti-corrosi
on-Coating-Market-Research-500372
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id500372

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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