openPR Logo
Press release

High-performance Anti-corrosion Coatings Market Scope Assessment 2027 | Akzo Nobel N.V., PPG Industries Inc.

High-performance Anti-corrosion Coatings Market Scope

Global High-performance anti-corrosion coatings Market: Highlights

The global high-performance anti-corrosion coatings market is projected to grow at a CAGR of more than 5% between 2019 and 2027. The market is driven by growth of the global oil & gas industry. Asia Pacific accounts for a major share of the global market, due to growth of construction, marine, and oil & gas industries in the region.
The number of oil & gas drilling and exploration activities has increased in the last few years. The Gulf of Mexico, Southeast Asia, and North Sea are currently rich in oil & gas resources and they have a large number of oil rigs. These activities are expected to increase expenditure on maintenance and repair in the near future. Thus, currently, there exists a requirement for protective coatings that are capable of increasing the shelf life and durability of equipment under varying temperatures and climatic conditions.
High-performance anti-corrosion coatings protect metal surfaces of various components used in the oil & gas industry. These coatings offer an influential barrier against corrosion, especially when components or parts such as storage vessels, offshore drilling equipment, and other machinery come in contact with chemicals and moisture.
Stages such as manufacture, extraction, storage, and distribution of oil & gas are key sources of corrosion. Storage tanks, transmission pipelines, oil rigs, steel structures, and other oil vessels are subjected to moisture, salt, fog, and corrosive environment.

Get Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8587

Global High-performance anti-corrosion coatings Market: Segmental Trends

Based on product, the global high-performance anti-corrosion coatings market has been segmented into epoxy, urethane, acrylic, and others. Epoxy coatings protect substrates from the deterioration caused by corrosive surroundings. These coatings have excellent adhesion and flexibility. Therefore, these are highly preferred in various end-user industries.
Rising demand for acrylic coatings is expected to fuel the high-performance anti-corrosion coatings market between 2019 and 2027. These coatings offer superior structural and mechanical characteristics than other anti-corrosion coatings such as alkyd and vinyl coatings. Acrylic coatings have high color retention rate and they are chemically inert. Additionally, they are eco-friendly.

Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=8587

High-performance anti-corrosion coatings are widely used in the oil & gas industry. In terms of demand, the oil & gas segment is expected to present growth opportunities to the high-performance anti-corrosion coatings market from 2019 to 2027. Rise in maintenance and repair activities in the global oil & gas industry, especially for oil drilling equipment, offshore installation machinery, process vessels, and transmission pipelines, is likely to be a major driver of the market in the near future.
The power generation segment is estimated to present lucrative opportunities to the high-performance anti-corrosion coatings market between 2019 and 2027. High-performance anti-corrosion coatings are required for coating applications in insulated wires, electricity-generating components, turbine blades, and hydraulic systems used in nuclear, geothermal, and solar power sectors.

Get COVID-19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=8587

Global High-performance anti-corrosion coatings Market: Regional Highlights

Asia Pacific dominates the global market, due to growth of pharmaceutical and health care industries in the region. Rapid infrastructure development in major countries of Asia Pacific such as China, India, Indonesia, Vietnam, Singapore, and Malaysia is expected to boost the consumption of high-performance anti-corrosion coatings in the region between 2018 and 2026. High-performance anti-corrosion coatings are extensively consumed in the construction industry.
Some of the key uses of high-performance anti-corrosion coatings include their application on steel, metal, and concrete substrates used in extraction, utilities, manufacturing, and transport infrastructure. Development of the transport infrastructure in Asia Pacific is anticipated to be the key driving factor for the market during forecast period.
Rising usage of metal and steel in the construction of bridges, roadways, highways, waterways, airports, and railways is likely to offer immense growth opportunities to the high-performance anti-corrosion coatings market in the next few years.

View Complete Report @ https://www.transparencymarketresearch.com/high-performance-anticorrosion-coatings-market.html

Key Developments in Global High-performance anti-corrosion coatings Market

In December 2019, RPM International Inc. announced that its Mantrose-Haeuser Co., Inc. business has acquired Profile Food Ingredients, LLC, a manufacturer of dry stabilizer and emulsifier blends for the food industry.
In October 2019, AkzoNobel launched range of high performance primers for corrosion protection. It covers a full array of substrates, surfaces and environments - from cable cars and chemical plants to window frames and wind turbines.
In August 2018, RPM International Inc. announced that its Rust-Oleum Group would be acquiring the Mean Green branded line of specialty cleaning products
In March 2018, RPM International Inc. announced that its Rust-Oleum Group had acquired Miracle Sealants Company
In November 2017, Nippon Paint Co., Ltd. engaged in a discussion with Axalta regarding a potential acquisition of Axalta
In October 2017, 3M announced that it has completed the acquisition of Scott Safety, a premier manufacturer of innovative products, such as self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices, that complement the former's personal safety portfolio
In May 2017, AkzoNobel opened new performance coatings facility in Chonburi, Thailand.

Global High-performance anti-corrosion coatings Market: Competition Landscape

The global high-performance anti-corrosion coatings market witnesses high degree of competition among market players. The market is highly concentrated, as well-established players constitute a significant market share. High level of competition among established players is expected during the forecast period, due to their integrated value chains.
Some of the key players operating in the global high-performance anti-corrosion coatings market include Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Nippon Paint Holdings Co., Ltd., and 3M.

Explore More Reports:

Smart Glass Market - https://www.transparencymarketresearch.com/smart-glass.html
Fly Ash Market - https://www.transparencymarketresearch.com/fly-ash-market.html
Unsaturated Polyester Resins Market - https://www.transparencymarketresearch.com/unsaturated-polyester-resin.html
Circulating Fluidized Bed (CFB) Boilers Market - https://www.transparencymarketresearch.com/cfb-market.html
Pharmaceutical Packaging Market - https://www.transparencymarketresearch.com/pharmaceutical-packaging-market.html

About Us:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision

Contact:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release High-performance Anti-corrosion Coatings Market Scope Assessment 2027 | Akzo Nobel N.V., PPG Industries Inc. here

News-ID: 2667237 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Asia

South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the