Press release
Pipe Coatings Market will rise due to growing infrastructure activities in the Asia-Pacific region | DOW Chemical Company, Lyondellbasell Industries Holdings B.V., Wasco Energy Group of Companies
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Pipe coatings are materials that are applied to the exterior of pipes to protect them from corrosion and wear. The most common type of pipe coating is a thin layer of zinc that is applied to the surface of the pipe. This type of coating is known as galvanized pipe coating. Other types of pipe coatings include paint, plastic, and metal.
Key Companies
The Pipe Coatings Market includes players such as E.I. Dupont De Nemours and Co., the DOW Chemical Company, Lyondellbasell Industries Holdings B.V., Wasco Energy Group of Companies, Celanese Corporation, BASF SE, AkzoNobel, PPG Industries Inc. and 3M Company
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Key Trends
There are three key trends in pipe coatings technology:
1. Increased use of high-performance coatings: High-performance coatings are becoming increasingly popular for use in pipe coatings due to their superior performance compared to traditional coatings. These coatings are typically made from polymers or other materials that offer better resistance to corrosion, abrasion, and other forms of wear.
2. Improved application methods: The methods used to apply pipe coatings have also been improving, thanks to advances in technology. Newer methods, such as electrostatic spraying, are able to apply coatings more evenly and with less waste.
3. Increased focus on sustainability: Sustainability is becoming an increasingly important consideration in all aspects of business, and pipe coatings are no exception. There is a growing trend towards using sustainable materials and methods in pipe coatings, in order to reduce the environmental impact of the manufacturing process.
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Key Drivers
The key drivers of the Pipe Coatings market are the increasing demand for anti-corrosion coatings from the oil & gas and water & wastewater industries, and the growing infrastructure activities in the Asia-Pacific region.
The oil & gas industry is the largest end-use industry for pipe coatings, and the demand for pipe coatings from this industry is driven by the need to protect pipelines from corrosion. In the water & wastewater industry, pipe coatings are used to protect pipes from corrosion and abrasion. The demand for pipe coatings from this industry is driven by the need to upgrade aging infrastructure and to comply with environmental regulations.
Market Segments
The global Pipe Coatings Market is segmented on the basis of type, surface, form and region. By type, the market is classified into concrete coatings, fusion bonded epoxy coatings, bituminous coatings, thermoplastic polymer coatings, and others. By surface, the market is classified into external and internal surface. By form, it is fragmented into liquid coatings and powder coatings. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
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