- Hot Melt
- Solvent –Free
- Solvent-Borne
- Water-Borne
- Others
Anti-corrosion Coating Market size is valued at USD 28.17 billion in 2021 and is expected to reach USD 58.49 billion by 2028, at a CAGR of 11% during the forecast period 2022-2028. Anti-corrosion coatings inhibit or prevent electrochemical reactions that degrade the structural integrity of metals and alter their corrosion-induced appearance. This anti-corrosion property allows them to be used in a variety of industries, including maritime, oil and gas, industrial, construction, energy (power plants, solar, wind turbines), automotive, and others. In addition, the study contains a full discussion of the various anti-corrosion coating technologies. The technologies of solvent-borne, water-borne, powder anti-corrosion coating, and high-energy cure coating are all widely employed. Due to factors such as increased steel consumption in the construction and automotive industries, the worldwide anti-corrosion coating market is predicted to grow profitably throughout the forecast period. Furthermore, increased fshore expansion, a developing marine sector in Asia-Pacific and North America, and infrastructure upgrades in various countries are expected to enhance global demand for anti-corrosion coating over the anticipated period. However, as a result of the concerns, government rules have been tightened, limiting the growth of anti-corrosion coatings. In addition, market research and development for bio-based anti-corrosion coatings is predicted to give lucrative growth prospects. this report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Anti-corrosion Coating Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Anti-corrosion Coating Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The global anti-corrosion coating market is being driven by the increasing rise of main end-user sectors such as automotive, marine, oil & gas, and construction. Metals, as well as anti-corrosion coatings, are in high demand in developing economies as infrastructure develops. The market is also benefiting from the increasing growth of the automotive and transportation industries. The market is growing due to technological developments in coating technology. Spray coating, for example, is a newer and more efficient technology that reduces resource waste and improves coating efficiency.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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