Anti-Corrosion Coating Market Type, Technology, End-Use Industry, Regional Analysis, and Top Manufacturers| MarketsandMarkets™ 

March 22
05:28 2023
Anti-Corrosion Coating Market Type, Technology, End-Use Industry, Regional Analysis, and Top Manufacturers| MarketsandMarkets™ 
Browse 133 market data Tables and 74 Figures spread through 220 Pages and in-depth TOC on “Anti-Corrosion Coating Market”
Anti-Corrosion Coating Market by Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc), Technology (Solvent, Water, Powder), End-Use Industry (Marine, Oil & Gas, Industrial, Infrastructure, and Power Generation) and Region

Anti-corrosion coatings are protective coatings applied to surfaces to prevent corrosion. These coatings can be used to protect metals, plastics, and other materials from rust and oxidation. They can be applied in a variety of ways, such as painting, dipping, electroplating, and more. Anti-corrosion coatings are becoming more popular as more industries realise the benefits of using them. They can help to protect equipment and components from corrosion, lower maintenance costs, and extend product life.

The global anti-corrosion coating market is estimated to be USD 24.84 billion in 2017 and is projected to reach USD 31.73 billion by 2022, at a CAGR of 5.0% from 2017 to 2022. The market has been segmented on the basis of type, technology, end-use industry, and region.

Get PDF Brochure for Research Insights at 

The acrylic segment is anticipated to be the fastest-growing type segment of the global anti-corrosion coating market. This growth can be attributed to the increasing demand for acrylic coatings from various end-use industries, such as industrial, infrastructure, and automotive & transportation. 

Based on technology, waterborne technology is projected to grow at the highest CAGR during the forecast period. The eco-friendly nature of waterborne anti-corrosion coatings has contributed to the growing demand for these coatings from industrial and infrastructure industries, thereby influencing the growth of the waterborne technology segment. 

The power generation segment is projected to be the fastest-growing end-use industry segment of the global anti-corrosion coating market. This growth can be attributed to the high demand for anti-corrosion coatings from coal-fired power plants as well as solar and wind energy power plants.

The anti-corrosion coating market in the Asia Pacific region is anticipated to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for anti-corrosion coatings from the power generation and automotive & transportation industries in this region. In addition, the rising demand for epoxy anti-corrosion coatings across various end-use industries has further provided lucrative growth opportunities to manufacturers of anti-corrosion coatings in the Asia Pacific region. 

If You Want to Know More About Report, Before Buying at 

Key players operating in the global anti-corrosion coating market include AkzoNobel N.V. (Netherlands), PPG Industries, Inc. (US), Axalta Coating Systems Ltd. (US), BASF SE (Germany), The Sherwin-Williams Company (US), Ashland Inc. (US), Hempel A/S (Denmark), Jotun (Norway), RPM International Inc. (US), and Kansai Paint Co., Ltd. (Japan). Most of these companies have adopted new product launches and expansions as key growth strategies to strengthen their presence in the global anti-corrosion coating market. Furthermore, the demand for anti-corrosion coatings from various end-use industries has propelled R&D activities for the development of advanced anti-corrosion coatings, thereby providing new growth avenues for anti-corrosion coating manufacturers.

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States