Lucintel Forecasts High Performance Anticorrosion Coating Market to Reach $11.5 Billion by 2028

Market-Research

According to the recent study the high performance anticorrosion coating market is projected to reach an estimated $11.5 billion by 2028 from $9.0 billion in 2023, at a CAGR of 5% from 2023 to 2028. Growth in this market is primarily driven by increasing application of these coatings in oil and gas, automotive, infrastructure, power generation, and building & construction as it helps in protection of metal and concrete structure from corrosion and acid rain.

A more than 150 – page report is developed to understand trends, opportunities and forecast in high performance anticorrosion coating market by resin type (epoxy, zinc phosphate, vinyl esters, polyurethane, alkyd, and others), coating technology (water-borne, solvent-borne, powder, and UV-curable), end use industry (oil and gas, infrastructure, automotive, power generation, marine, and others), and region.

Download sample report by clicking on below link https://www.lucintel.com/high-performance-anticorrosion-coating-market.aspx

“Resin type market is expected to remain the largest segment during the forecast period.”

Based on resin type, the high performance anticorrosion coating market is segmented into epoxy, zinc phosphate, vinyl esters, polyurethane, alkyd, and others. Lucintel forecasts that the resin type market is expected to remain the largest segment due to its widespread application in end use industries, such as marine, mining, architectural, oil and gas industries because of its heat resistance and corrosion characteristics.

“Within the high performance anticorrosion coating market, the Oil & gas segment is expected to remain the largest end use industry”

Based on end use industry the Oil & gas segment is expected to witness the highest growth over the forecast period due to the increasing usage of protective coating in maintenance and repair tasks in oil and gas industry to improve equipment durability and lifespan in the face of changing climatic and temperature conditions.

“Asia pacific will dominate the high performance anticorrosion coating market in near future”

APAC will remain the largest region due to the increasing demand of anticorrosion coatings from automobile, infrastructure, and power generation sectors in this region.

Download Brochure of this report by clicking on https://www.lucintel.com/high-performance-anticorrosion-coating-market.aspx

Major players of high performance anticorrosion coating market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. PPG, BASF SE, AkzoNobel NV, Nippon Paints, and RPM International are among the major high performance anticorrosion coating providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/high-performance-anticorrosion-coating-market.aspx or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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