Global Anti-Corrosion Coating Market Size was valued nearly USD 24.84 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.13% during the forecast period that is 2017-2025. Rapidly development in anti-corrosion industry as well increasing use in manufacture, marine, oil & gas, industrial, infrastructure, and power generation sectors are the key factors projected to drive the growth of the worldwide market over the forecast period. The base year of this market study is 2017 and forecast period is from 2018 to 2025.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global anti-corrosion coating market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global anti-corrosion coating market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Global Anti-Corrosion Coating Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.13% during the forecast period, i.e. 2017-2025.
The worldwide anti-corrosion coating market is divided based on type, application, technology, end-user and regional analysis. On the basis of type, the aerial imaging market is segmented into types that are epoxy, polyurethane, acrylic, alkyd, zinc. The technology segment has been classified into solvent, water, powder. The application segment is projected to healthy growth over the forecast timespan; the application segment has been divided into marine, oil & gas, industrial, infrastructure, and power generation. The market is growing demand form end-user sectors such marine, oil & gas, industrial, infrastructure, and power generation. The global anti-corrosion coating market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific - India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Asia Pacific region is projected to grow at the highest CAGR during the forecast period due to high demand from infrastructure and power generation sectors.
Type Insights: Based on the types, the anti-corrosion coating market is divided into epoxy, polyurethane, acrylic, alkyd, zinc and others. The epoxy segment is projected to lead the global market in the coming years that is 2018 to 2915, due to the increasing demand for epoxy coatings from marine, oil & gas, and infrastructure sectors as well emerging economies will help to boost this segment because of high development in infrastructure sectors.
Technology Analysis: Based on the technology, the anti-corrosion coating market is segmented into solvent-borne, waterborne, and powder coating. In 2017, the solvent-borne segment was estimated to held largest market share and is calculated to show high dominance growth CAGR rate over the forecast period in terms of revenue and demand due to increasing use in automotive coatings, industrial coatings, and printing inks.
Application Insights: Based on the application, the global anti-corrosion coating market has been segmented into marine, oil & gas, industrial, infrastructure, power generation, automotive & transportation, and others. The power generation segment is estimated to grow at the highest CAGR between 2018 and 2025 due to high demand for anti-corrosion coatings from coal-fired power plants as well as solar and wind energy power plants.
The global anti-corrosion coating market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific - India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017, North America market was held largest market share a cross globe and is anticipated to grow fastest during the forecast period owing to increasing demand from end user industries such as marine, oil & gas, industrial, infrastructure, power generation, automotive & transportation, and others sectors followed by Europe. The anti-corrosion coating market in the Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period. This growth is mainly attributed to the increasing demand for anti-corrosion coating from the power generation and automotive & transportation industries in this region. The Emerging economies such as India and China will contribute high growth rate over the forecast period due to rapidly development in energy sector and automotive and transportation sectors.
Global Anti-Corrosion Coating Market Size, Share Analysis By Region 2017
Global Anti-Corrosion Coating Market Study Objective
1. To forecast the market size of anti-corrosion coating market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of anti-corrosion coating market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of anti-corrosion coating market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of anti-corrosion coating market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the anti-corrosion coating market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
The major kay players in the anti-corrosion coating market which will contribute healthy growth in regional and global market over the forecast period that key players are AkzoNobel N.V., PPG Industries, Inc., Axalta Coating Systems Ltd., BASF SE, The Sherwin-Williams Company, Ashland Inc., Hempel A/S, Jotun, RPM International Inc., and Kansai Paint Co., Ltd.
Global Anti-Corrosion Coating Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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