Pipe Coating Market Analysis by Recent Developments and Trends 2022 to 2027 | Akzonobel, DuPont, BASF SE, LyondellBasell, Arkema, Covestro AG, PPG Industries, Valspar, 3M

The Pipe Coating market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2025. The structured analysis contains graphical as well as a diagrammatic representation of the global Pipe Coating Market with its specific geographical regions.

In 2020, the global Pipe Coating market size was US$ 8532.6 million and it is expected to reach US$ 11110 million by the end of 2027, with a CAGR of 3.8% during 2021-2027.

Leading Companies Profiled in this Report are: Akzonobel, DuPont, BASF SE, LyondellBasell, Arkema, Covestro AG, PPG Industries, Valspar, 3M, The Bayou Companies, Axalta Coating Systems, Celanese Corporation, Nippon Paint, Sherwin-Williams, KCC Corporation, Jotun Powder Coatings

News and Updates

In 2019, Axalta Coating Systems Ltd. acquired Capital Paints LLC (UAE), which specializes in architectural powder coatings. This acquisition is done to provide better support and technical services to local customers in the oil & gas and architectural segments while also helping the company enter the markets in the Middle Eastern region.

In July 2019, Arkema acquired Arrmaz (US), a surfactant for crop nutrition, mining, and infrastructure markets. The acquisition will help to further boost the group’s profile.

MARCH 29, 2021 PCS Launches New Pipe Coating for Cold Weather Installation

ROTTERDAM, Netherlands, November 4, 2009 – LyondellBasell Industries has launched a new polypropylene (PP) compound that addresses customer needs in the rapidly-expanding market for flexible pipeline systems used in off-shore, deep-sea oil exploration. The new Hifax EBS 153D NAT product was developed for use in multi-layer syntactic coating structures for flexible risers and flowlines in order to create high-impact strength, improved flexibility and good compression strength in semi-flexible pipeline coating applications.

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Pipe Coating Market Overview-

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.

The industry's leading manufacturers are Akzonobel, DowDupont and BASF SE, which accounted for 9.13%, 8.52% and 8.27% of revenues respectively in 2019. By region, North America has the highest share of consumption, accounting for more than 28 percent in 2019.

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.

As part of competitive analysis, the research study includes exhaustive company profiling of leading players of the global Pipe Coating market. All of the segments studied in the report are analyzed based on different factors such as market share, revenue, and CAGR.

Market Research Study Focus on these Types:

Thermoplastic Coatings
Fusion Bonded Epoxy Coatings
Metal Coatings
Concrete Weight Coatings
Polyurea Coatings
Others
In terms of type, thermoplastic plastics accounted for the highest percentage of revenue, reaching 47.93% in 2019.

Market Research Study Focus on these Applications:

Oil and Gas
Industrial
Chemical Processing
Municipal Water Supply
Others
According to the application, oil and gas consumption accounts for the highest proportion, over 39%.

Pipe Coating Market Regional Analysis:

–North America (United States, Canada, Mexico)
–Europe (Germany, UK, France, Italy, Spain, Russia)
–Asia-Pacific (China, Japan, South Korea, Australia, India)
–South America (Brazil, Argentina, Columbia)
–The Middle East and Africa (UAE, Egypt, South Africa)

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Key Takeaways of Pipe Coating Market Report

-The Pipe Coating market report Evaluates possibility through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for product types, end-use applications, and by different industry verticals.

– It understands the different dynamics determining the Pipe Coating market like- key driving factors, challenges, and unseen opportunities.

-It provides in-depth insights on key company performance – Pipe Coating market shares, strategies, financial benchmarking, product benchmarking, SWOT examination

– The report analyzes the sales distribution channels covering key geographies to improve top-line revenues.

-Pipe Coating Market report provides the industry supply chain with a deep dive on the value augmentation at each step.

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Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research. Get a quick outlook on the Pipe Coating market– Mergers & Acquisitions, deals, partnerships, product launches of all key players for the past 5 years.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.