High-Performance Anti-Corrosion Coatings Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

High-performance anti-corrosion coatings are typically employed in environments where structures & surfaces require enhanced abrasion, corrosion resistance, chemical resistance, and require added durability. They are designed to meet the requirements of their primary function, which is further to protect the surface that they are coating. High-performance anti-corrosion coatings are again used to protect metal as well as concrete structures, tanks, pipes, processing equipment from corrosion or deterioration caused by exposure to corrosive environments, including acid rain.

MARKET DYNAMICS

The high-performance anti-corrosion coatings market has witnessed significant growth owing to factors such as wider application in oil & gas, marine, construction, power generation, tanks & pipes, and others. These coatings are utilized primarily in chemical plants, oil refineries, pulp & paper mills, public utility works, and other facilities. High-performance anti-corrosion coatings are further used to protect ships, offshore oil drilling rigs & production platforms, and other structures related to marine environments. Turbomachinery, transition pieces, and compressor blades are some of the key coating applications in the power generation industry. However, price volatility of raw materials along with stringent government regulations may hinder the growth of the high-performance anti-corrosion coatings market. Nevertheless, developed regions such as North America are foreseen to provide lucrative opportunities for the high-performance anti-corrosion coatings market. This is owing to expansion in the power generation sub-sectors, including wind, solar, hydroelectric, nuclear power, thermal, and shale gas.

MARKET SCOPE

The "Global High-Performance Anti-Corrosion Coatings 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 high-performance anti-corrosion coatings market with detailed market segmentation by product type, technology, end-user, and geography. The global high-performance anti-corrosion coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading high-performance anti-corrosion coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global high-performance anti-corrosion coatings market is segmented on the basis of product type, and technology. On the basis of product type, the high-performance anti-corrosion coatings market is segmented into epoxy, urethane, acrylic, and others. The high-performance anti-corrosion coatings market on the basis of the technology is classified into water-based, solvent-based, and powder-based. Based on end-user, the high-performance anti-corrosion coatings market is segmented into oil & gas, marine, construction, power generation, tanks & pipes, and others

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 high-performance anti-corrosion coatings 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), Middle East and Africa (MEA) and South America. The high-performance anti-corrosion coatings 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 high-performance anti-corrosion coatings 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 high-performance anti-corrosion coatings market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global high-performance anti-corrosion coatings market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the 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 high-performance anti-corrosion coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for high-performance anti-corrosion coatings in the global market. Below mentioned is the list of few companies engaged in the high-performance anti-corrosion coatings market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high-performance anti-corrosion coatings 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.

•   3M
  
•   Akzo Nobel N.V.
  
•   Chugoku Marine Paints Ltd.
  
•   Hempel A/S
  
•   Jotun A/S
  
•   Kansai Paint Co. Ltd.
  
•   Nippon Paint Holdings Co., Ltd
  
•   PPG Industries Inc.
  
•   RPM International Inc.
  
•   The Sherwin-Williams Company
  

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.

High-Performance Anti-Corrosion Coatings Report Scope