Press release
Glass Flake Coating Market: Worldwide Market Size, status, Revenue, growth rate, CAGR % with Future Analysis 2017 - 2025
Glass Flake Coating Market
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Growing application of glass flakes coating for safeguarding pipeline and tanks from corrosion and abrasion and onshore & offshore infrastructure made of steel and concrete is factor chiefly driving the market for glass flake coating specifically in marine industry. Furthermore, rising demand for greater performance and increased shelf life of equipment and devices pertaining to increase need for glass flake coatings for reinforcement purpose is further boosting the market for future growth. However, inconsistent prices of glass flakes coatings and sluggish growth rate in industrial sector in Europe might act as deterrent and hamper the growth of the market in coming years. Largely spreading oil & gas exploration industries provides lucrative opportunities for glass flake coating market to penetrate deeply.
Market Key Players:
Akzo Nobel, Chemiprotect Engineers, Corrocoat USA, Demech Chemical, Flakecoat Technology Pte. Ltd, Glass Flake Limited, Kirloskar Corrocoat Private Limited, NGF, PPG INDUSTRIES, Sherwin-Williams
Segmentation
The global glass flakes coating market is segmented based on Product type, Resin type, substrate type, end-use industry and region. On the basis of product type it is bifurcated into C type Glass flakes and E type glass flakes. In terms of resin type the market is divided into Epoxy, Polyester and vinyl ester. Considering substrate type market is spilt into steel and concrete. By end-use industry the market is separated into Marine, Oil & Gas, Chemical & petrochemical, mining, paper pulp mills, storage facilities and others.
Regional Analysis
Geographically, global glass flakes market is studied into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Asia-Pacific is anticipated to account for largest market share for glass flake coating owing to speedy growth of developing countries including India and China in this region and rapidly establishing industrial sector. As the chemical industry and shipbuilding in this region are the largest, key players are expanding their business and also cheap labour along with low production cost are factors attracting manufacturer in Asian-Pacific region.
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Global Glass Flake Market Segmentation
By Product:
C Type Glass Flakes
E Type Glass Flakes
By Resin Material:
Epoxy
Polyester
Vinyl Ester
Substrate type:
Steel
Concrete
By End-User:
Marine industry
Oil & Gas Industry
Chemical & petrochemical Industry
Mining Industry
Paper Pulp Mills
Storage facilities
By Geography:
North America
U.S.
Canada
Mexico
Europe
Russia
Germany
Norway
Italy
France
UK Rest of Europe
Asia-Pacific
China
South Korea
Japan
India
Indonesia
Rest of APAC
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
Qatar
Africa
Rest of LAMEA
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We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.
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