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Anti-Corrosion Coatings Market from oil and gas equipment sector to witness significant growth up to 2025, Leading Companies are AkzoNobel, Ashland, Axalta, BASF

Anti-Corrosion Coatings Market

Anti-Corrosion Coatings Market

Anti-Corrosion Coatings Market from oil & gas equipment sector is anticipated to reach USD 278 billion by 2025. Anti-corrosion coatings find extensive set of applications across various end-use sectors such as oil & gas, transport, shipbuilding, energy, and infrastructure. The expansion of this sector will create a positive roadmap for the anti-corrosion coatings industry, owing to its water proofing and corrosion resistance ability in oil storage tanks and in drilling pipes. Anti-corrosion coatings market share in the energy sector is anticipated to register a CAGR of 5% over the period of 2016-2025. The ability of these coatings to protect the surface against changing atmospheric conditions will drive its applications across hydropower, coal, biomass, solar power, and nuclear sector.

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Considering the topographical trends, Asia Pacific anti-corrosion coatings industry will witness notable gains of over 5% up to 2025, driven by the expanding construction sector along with a rise in the number of ship maintenance & repair activities. Easy accessibility of cost effective labor force and viable anti-corrosion services coupled with thriving shipping business will further steer the business expansion. Japan, China, Singapore, South Korea, India, Indonesia, Hong Kong, Philippines, and Thailand are likely to drive the regional share.

North America anti-corrosion coatings market is projected to experience a noteworthy surge over the next few years, subject to high government funding across the military sector along with the flourishing oil & gas sector. U.S. anti-corrosion coatings industry is set to record a CAGR of more than 4.5% in the years ahead.

Company profiled in this report based on Business overview, Financial data, Product landscape,

Strategic outlook & SWOT analysis:

1. AkzoNobel
2. Ashland
3. Axalta
4. BASF
5. Hempel A/S
6. Jotun
7. RPM International
8. Kansai Paint Private Limited
9. PPG Industries
10. Sherwin-Williams
11. Chugoku Marine Paints, Ltd
12. Nippon Paint (Pakistan) (Pvt) Ltd
13. Tnemec Company, Inc.
14. Valspar

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Anti-Corrosion Coatings Market boasts of an extensive application landscape encompassing the biomass, oil & gas, nuclear, solar, and hydropower sectors. These coatings find widespread usage in drill bits, oil storage tanks, and drill pipes as they supposedly help prevent the accumulation of rust that occurs as a result of their contact with underground water as well as marshlands. As per Global Market Insights, Inc., the anti-corrosion coatings industry is slated to accrue the revenue of USD 20.21 billion by 2025, recording a CAGR of 5% over 2016-2025.

Table Of Content For This Research Report:

Chapter 6. Anti-corrosion coatings Industry by End Use Insights

6.1. Global anti-corrosion coatings market share by end use, 2015 & 2025

6.2. Oil & Gas

6.2.1. Market estimates and forecast, 2010 – 2025

6.2.2. Market estimates and forecast, by region, 2010 – 2025

6.3. Shipbuilding

6.3.1. Market estimates and forecast, 2010 – 2025

6.3.2. Market estimates and forecast, by region, 2010 – 2025

6.4. Infrastructure

6.4.1. Market estimates and forecast, 2010 – 2025

6.4.2. Market estimates and forecast, by region, 2010 – 2025

6.5. Industrial markets

6.5.1. Market estimates and forecast, 2010 – 2025

6.5.2. Market estimates and forecast, by region, 2010 – 2025

6.6. Energy

6.6.1. Market estimates and forecast, 2010 – 2025

6.6.2. Market estimates and forecast, by region, 2010 – 2025

6.7. Transport

6.7.1. Market estimates and forecast, 2010 – 2025

6.7.2. Market estimates and forecast, by region, 2010 – 2025

6.8. Others

6.8.1. Market estimates and forecast, 2010 – 2025

6.8.2. Market estimates and forecast, by region, 2010 – 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/anti-corrosion-coatings-market

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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