Global Anti-corrosion Paints & Coatings Market Insights and Forecast to 2026

The Global Anti-Corrosion Coatings Market size valued to USD 27.39 billion in 2019 is predicted to reach USD 63.72 billion by 2030, witnessing a CAGR of 7.9% from 2020-2030.The anti-corrosion coatings help protect the metal substrates from getting corroded due to extreme atmospheric conditions like humidity, moisture, saline water, oxidation, as well as exposure to a variety of aggressive chemicals.

Anti-corrosion coatings ensure durability and efficiency of the equipment by providing continuous protecting layers to prevent it from corrosion and abrasion.

These coatings hold wide applications in aerospace & defense sector, building & construction sector, maritime industries, oil & gas industries, automotive & transportation sector, power generation industries and other industry verticals; as it offers superior structural strength, high heat resistance, protection against harmful UV radiations, lower coating costs as well as absolute ease-of-application.Access Full Description of this report at:-https://www.nextmsc.com/report/anti-corrosion-coatings Top Companies: BASF SE, 3M Co., Wacker Chemie AG, AkzoNobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, The Dow Chemical Company, Hempel A/S, Kansai Paints Co., Ltd, Nippon Paints Co. Ltd. and others.The anti-corrosion coating market share analysis is based on technology, type, end user industry, and geography.

Based on type, the market covers epoxy, acrylic, chlorinated rubber, alkyd, polyurethane, zinc, and others.

Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.Request sample copy of this report at:-https://www.nextmsc.com/Anti-corrosion-Coatings/request-sample Asia-Pacific region is anticipated to grow with highest CAGR throughout the forecast period, owing to growing demand for anti-corrosion coating from the power generation industries, increasing demand for high-quality infrastructures, higher requirements for maintenance in automotive & transportation industries, as well as stringent government rules & regulations in this region.

Moreover, factors such as easily accessible anti-corrosion solutions, lower labor costs and high shipping traffic in the region are fostering the maritime contribution of Asia-Pacific region, hence supplementing the growth of anti-corrosion coating market.

Latest added Global High-performance Anti-corrosion Coatings Market research study by AMA Research offers detailed outlook and elaborates market review till 2026.

At present, the market players are strategizing and overcoming challenges of current scenario;The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

Anti-corrosion coatings are majorly used to protect metal and other surfaces from degradation triggered by various corrosive agents such as moisture, chemicals, and salt.

The rise in maintenance and repair activities in the global oil & gas industry, especially for oil drilling equipment, offshore installation machinery, process vessels, and transmission pipelines, is likely to be a major driver of the market in the next few years.

The Global High-performance Anti-corrosion Coatings segments and Market Data Break Down are illuminated below: by Type (Epoxy, Urethane, Acrylic, Others), Application (Oil & Gas, Marine, Construction, Tanks & Pipes, Power Generation, Others), Technology (Water-borne, Solvent-borne, Powder, UV-cured, Other) What's Trending in Market:Rising demand for acrylic coatingsThe increasing population and disposable income of consumers in developing countries are likely to drive the demandChallenges:The strict governmental regulations on VOC emissions are the potentialRestraints:The volatility in prices of crude oil and raw materials derived from primary petrochemicals Market Growth Drivers:High-performance anti-corrosion coatings are used to protect metal and concrete structures, tanks, pipes, and processing equipment from deterioration caused by exposure to corrosive environments including acid rain.

The regional analysis of Global High-performance Anti-corrosion Coatings Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.

Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/97657/global-anticorrosion-coatings-for-petrifaction-2021-532 The petroleum and petrochemical industry belongs to the field of high fire risk and high corrosion.

Most of the equipment and facilities used in the industry are steel base materials, and the coatings used in the petrochemical industry are mainly heavy anticorrosive coatings.This report focuses on the various coatings used in metal facilities in petrochemical plants, such as petrochemical storage tanks, petrochemical pipelines, reaction units, etc.The global Anti-Corrosion Coatings for Petrifaction market was valued at 2113.56 Million USD in 2020 and will grow with a CAGR of 5.06% from 2020 to 2027.Globally speaking, in 2019, the coating market of the global petrochemical industry is mainly led by China, which is the world`s largest producer and consumer of coating in the petrochemical industry, and also the country with the largest increment of coating demand in the petrochemical industry.

At present, the international famous brand akzo Nobel (AkzoNobel), Shanghai (Hempel), besmear in the old man (CMP), PPG Industries, such as Jordan (Jotun) with its technology, brand, management advantages, in the domestic set up production base in China, Nippon Paint (Nippon Paint), sherwin-williams (Sherwin - Williams), PPG, etc in China have set up their own factories and laboratories, has formed a heavy-duty coating to China high-end market monopoly of foreign enterprises.China`s local petrochemical industry paint manufacturers mainly include Hunan Xiangjiang paint, Zhejiang Yutong, Zhejiang Bridge Paint, Yongji paint and Jiangsu Changjiang paint, etc., except for several important leading enterprises, domestic manufacturers generally have small production capacity and fierce market competition.

North America is the second largest producer of coatings for the petrochemical industry, accounting for 21.39% of world production in 2019.Major foreign manufacturers have akzo Nobel, PPG, Shanghai old man, sherwin-williams, jotun, RPM, tu, Nippon paint, YiShi etc., in which akzo Nobel, PPG, Shanghai old man jotun, sherwin-williams and TOP five manufacturers, is the world`s petrochemical industry coating market in the global petrochemical industry coating market, occupy the TOP 5, 2019 output value of about 51.37% of the market.

Currently, Akzonobel is the global market leader, accounting for approximately 16% of the global market value in 2019.By Market Verdors:AkzoNobel.CoPPGHempel A/SSherwin-Williams CompanyJotunRPMCHUGOKU MARINE PAINTS, LTDNippon Paint Holdings Co.LtdAxalta.CoChina Shipbuilding Heavy Industry Shuangrui Technology Holding Co., Ltd.Kansai Paint Co.,Ltd.Xiangjiang Paint GroupZhejiang Yutong New Materials Co., Ltd.Zhejiang Bridge Painting Co. LTDYUNG CHI PAINT & VARNISH MFG.

CO.,LTDJiangsu Changjiang Paint Company Ltd.By Types:Solvent Based CoatingsWater-Based PaintPowder CoatingBy Applications:Storage TankPetrochemical PipelineThe ReactionKey Indicators AnalysedMarket Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027.

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The latest trends, developments, promotion, strategies, and many more provide an uphold success.

To reveal the general market trends coupled with conditions and variable tendencies the global Anti-Corrosion Coatings market report acts as a bible for the reader.

Anti-corrosion coatings are applied for the protection of solid metal surfaces from moisture, salt spray, and oxidation or exposure to a variety of environmental or industrial chemicals.

Anti-corrosion coatings are used in marine industry to protect hulls and yachts from corrosion caused by varying pressure, high temperature, and high content of salt present in the water.

Continuous need for repair and maintenance of equipment used in oil & gas industry is increasing the consumption of anti-corrosion coatings in the sector.