Summary
The report on Global Anti-corrosion Coatings Market is expected to grow due to its high demand in a broad range of industry end-users across the globe. Corrosion causes tremendous financial losses in terms of infrastructure. The market is segmented based on type, end-user industry, geographic regions. This report covers market drivers, restraints, opportunities and challenges that determine the scope of the market and its trends.

Report Detail

Corrosion mostly affects the oil and gas, metal, water treatment and manufacturing industries. Industries such as petroleum, cement and concrete, paper and pulp, metal processing, water treatment, automotive, also have high demand for anti-corrosion coatings. There is also a considerable demand for anti-corrosion coatings from other industries such as aerospace, highway bridges, hydro electrical and nuclear power plants, among others.

Anti-Corrosion Coatings Segmentation:

By Type: epoxy, polyurethane, acrylic, alkyd, zinc, chlorinated rubber, and others

End-user industry: marine, oil and gas, manufacturing, water and wastewater, infrastructure, automotive, and others

Technology: solvent-borne, waterborne, powderbased, self-healing and others

Geographic regions: North America, Europe, Asia-Pacific, Middle East and Africa, and South America

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This report covers market drivers, restraints, opportunities and challenges that determine the scope of the market and its trends.

Recent Development

• In recent years there has been a major shift in the global paints and coatings production, which is moving from the developed regions, such as Europe and the U.S., to the developing economies, such as China and India.
• Continuous increasing demand from the developed countries in addition to the demand from the developing countries is contributing to the overall expansion of the worldwide anti-corrosion coatings market.
• Industrial growth in the developing economies is a major driver for the growth in the coatings industry.
• In most regions of the world, the coatings industry is mature and its growth is dependent on many factors, including the level of economic activity and the state of the construction industry, which remains a major consumer of paints and coatings.

For Detailed Market Segmentation, view full report: Global Market for Anti-Corrosion Coatings

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