Press release
Pipe Coating market is projected to reach 13600 Million US$ by 2025
In terms of production side, this report researches the Pipe Coating capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Pipe Coating by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Pipe coatings are applied to protect the pipelines from corrosion, increase its shelf-life, maintain its flow, and to ensure the clean product delivery. There are four major types of pipe coatings, namely, thermoplastic, fusion bonded epoxy, metal, and concrete weight pipe coatings etc.
A Pipe coating is a cost effective and viable solution to maintain pipelines' integrity. This coating provides a constant protective lining that helps save pipelines from the damaging effects of corrosion. Pipeline coating is one of the most reliable corrosion prevention methods used by industries today.
North America is the largest consumption of Pipe Coating, with a sales market share nearly 27.00% in 2015.
The second place is Middle East and Africa; following North America with the sales market share over 20.30% in 2015. Europe and China are another important consumption market of Pipe Coating.
The Pipe Coating market was valued at 8740 Million US$ in 2017 and is projected to reach 13600 Million US$ by 2025, at a CAGR of 5.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pipe Coating.
This report includes the following manufacturers; we can also add the other companies as you want.
Akzonobel
BASF SE
LyondellBasell
Arkema
The DOW Chemical Company
Dupont
Covestro AG
PPG Industries
Valspar
3M
Axalta Coating Systems
Celanese Corporation
Nippon Paint
Wasco Energy Group of Companies
The Bayou Companies
Market Segment by Product Type
Thermoplastic Coatings
Fusion Bonded Epoxy Coatings
Metal Coatings
Concrete Weight Coatings
Polyurea Coatings
Others
Market Segment by Application
Oil & Gas
Industrial
Chemical Processing
Municipal Water Supply
Others
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Market size split by Region
•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa
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