Anticorrosion Coatings Market Scope and Key Players Analysis by 2030
Anticorrosion Coatings Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 24,837.37 Million |
Market Size by 2030 | US$ 38,175.87 Million |
Global CAGR (2022 - 2030) | 5.5% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Resin Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
COMPETITIVE LANDSCAPE AND KEY COMPANIES
RPM International Inc, The Sherwin-Williams Co, Akzo Nobel NV, Jotun AS, PPG Industries Inc, 3M Co, The Progressive Center Co for Construction Chemicals Ltd, Nippon Paint Holdings Co Ltd, BASF SE, and HB Fuller Co are among the prominent players profiled in the anticorrosion coatings market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. The anticorrosion coatings market report also includes company positioning and concentration to evaluate the performance of competitors/players in the market.
INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES
Various initiatives taken by the key players operating in the anticorrosion coatings market are listed below:
In September 2023, H.B. Fuller Company acquired the UK-based Sanglier Limited, one of Europe's largest manufacturers and fillers of sprayable industrial adhesives. The acquisition expands H.B. Fuller's innovation capabilities and product portfolio across the UK and Europe, particularly in Construction Adhesives and Engineering Adhesives businesses. The acquisition complements technologies acquired through Apollo and Fourny acquisitions and spray capabilities developed in the US. A team of nearly 60 employees will operate in H.B. Fuller's existing Construction Adhesives global business unit.
In March 2023, The PPG Industries launched the PPG ENVIROCRON Primeron primer powder portfolio, designed to provide high corrosion resistance for metal substrates, including steel, hot-dip galvanized steel, metalized steel, and aluminum. The products are tested according to the corrosivity categories and approved by the QUALISTEELCOAT international quality label for coated steel. The products include ZINC coating, PRO coating, EDGE coating, and FLEX coating.