Global Anti-Corrosion Coatings Market, By Coating Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber), By Coating Technology (Solvent-Borne, Water-Borne, Powder-Based), By End-Use Industry (Marine, Oil & Gas, Industrial, Construction & Infrastructure, Energy & Power, Automotive & Transportation), By Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

The Anti-Corrosion Coatings Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as marine, oil & gas, industrial, construction & infrastructure, energy & power, automotive & transportation during the forecast period.

Anti-Corrosion coatings are used to protect the surface of material against exposure to chemicals, water, and air. Corrosion is one of the key factors impacting the life of materials or metals that operate in extreme conditions of temperature and pressure. Moreover, in the case of materials used for carrying chemicals that are corrosive or reactive to metals, anti-corrosion coatings become important. Corrosion can cause serious damage to materials that operate in these conditions. Anti-corrosion coatings act as a barrier between the material surface and the surrounding environment. Major anti-corrosion types include epoxy, polyurethane, acrylic, alkyd, zinc, chlorinated rubber, and others used in various end-use industries.

Segment Insights

Major end users of anti-corrosion coatings include marine, industrial, automotive & transportation, energy & power, construction & infrastructure, oil & gas, etc. Marine is one of the major end users of anti-corrosion coatings due to their application in marine vessels, ships, boats, naval ships, and others. These industries are expected to show a uniform demand during the forecast period. Major factors impacting the growth of the anti-corrosion coatings market include growing demand for improving material resistance against corrosion, increasing complex constructions in extreme environmental conditions, and others.

Key Factors Impacting Market Growth:

  • Increasing demand from the marine industry
  • Growing demand for improving material resistance against corrosion
  • Increasing complex constructions in extreme environmental conditions

Regional Analysis

On the basis of the region, the Anti-corrosion coatings market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

 The Asia Pacific and the Middle East are expected to register substantial growth in the Anti-corrosion coatings market during the forecast period. This demand is with regard to the growth of major end-use industries such as marine, oil & gas, industrial, construction & infrastructure, energy & power, automotive & transportation. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the Anti-corrosion coatings market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the Anti-corrosion coatings market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: BASF SE, Axalta Coating Systems, RPM International, Kansai Paint Co, Ltd., Hempel A/S, Jotun, Ashland Inc., PPG Industries, Inc., Akzonobel N.V., The Sherwin-Williams Company, Nycote Laboratories, Inc., Diamond Vogel, Nippon Paint Co., Ltd, DowDuPont Inc., 3M, and Bluechem Group…

Market Segmentation:

By Coating Type:

  • Epoxy
  • Polyurethane
  • Acrylic
  • Alkyd
  • Zinc
  • Chlorinated Rubber
  • Others

By Coating Technology:

  • Solvent-Borne
  • Water-Borne
  • Powder-Based

By End-Use Industry:

  • Marine (Commercial, Defense, Others)
  • Oil & Gas (Upstream, Midstream, Downstream)
  • Industrial (Process Industries, Others)
  • Construction & Infrastructure
  • Energy & Power (Power Generation, Storage, Others)
  • Automotive & Transportation
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Coating Type
    • By Coating Technology
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
    • By Coating Type
    • By Coating Technology
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Coating Type
    • By Coating Technology
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Coating Type
    • By Coating Technology
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Coating Type
    • By Coating Technology
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Coating Type
    • By Coating Technology
    • By End-Use Industry

Reasons To Buy This Report:

  • Market size estimation of the global anti-corrosion coatings market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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