Acid Proof Lining Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Acid proof linings are used to protect the equipment and infrastructure of the different industrial set up from harmful exposure of acid. It is done where maximum chemical resistance is required. It is utilized on floors, tanks, tank farms, drains, and other locations in the chemical, dyestuff, thermal power station, fertilizer, and food industries.

MARKET SCOPE

The "Global Acid Proof Lining Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acid proof lining market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the acid proof lining market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global acid proof lining market is segmented into brick lining, tile lining, thermoplastic lining, and others
  
•   Based on application , the market is bifurcated into construction, mining, food, power generation, petrochemical, and others
  

MARKET DYNAMICS

Drivers:

•   Growing demand from oil and gas sector is a major deriver for acid proof lining market.
  
•   Growing chemical and metallurgy sector to provide more opportunities for the market growth
  

Restraints:

•   High cost associated with the application may restrain the market growth
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The acid proof lining market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the acid proof lining in these regions.

IMPACT OF COVID-19 ON ACID PROOF LINING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the acid proof lining market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from acid proof lining market are anticipated to lucrative growth opportunities in the future with the rising demand for acid proof lining in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acid proof lining market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  Axalta Coating Systems

  Koch Industries, Inc

  Hempel A/S

  PPG Industries, Inc.

  STEULER-KCH GmbH

  Jotun

  Ashland

  BASF SE

  Polycorp Ltd.

  Höganäs Borgestad

  The Sherwin-Williams Company

  CHEMIPROTECT ENGINEERS

  Zeochem Anticorr

  ICC Commonwealth

  Steuler Industrial Solution Private Limited

  Zhengzhou Kaiyuan Refractories Co., Ltd.

  Qinyang Zhihua Trade Co.,Ltd.

  HenanLiteRefractoryMaterialCo.,Ltd

  Zibo Tashan Refractory Material Co.,Ltd

  Kothari Corrosion Controllers

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Acid Proof Lining Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Brick Lining Tile Lining Thermoplastic Lining By Application Construction Mining Food Power Generation Petrochemical
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Axalta Coating Systems Koch Industries, Inc Hempel A/S PPG Industries, Inc. STEULER-KCH GmbH Jotun Ashland BASF SE Polycorp Ltd.