Process Pipe Coating Market Size to be Driven by Expansion USD 21.7 billion by 2029, at a 4.6% CAGR | AkzoNobel, Arkema, 3M, The Sherwin-Williams Company

Exactitude Consultancy Market Research analyses that the Process Pipe Coating Market will witness a CAGR of 4.6% for the forecast period of 2023-2029 and is likely USD 14.5 billion in 2022 to reach at USD 21.7 billion by 2029.

Research report on the Process Pipe Coating market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Process Pipe Coating market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Process Pipe Coating Market: Dynamics

✦ Drivers:

Robust growth of end use industries, such as oil and gas, is anticipated to be a prime force triggering the growth of process pipe coating market. Transportation of crucial liquids through pipelines requires proper maintenance of pipes to avoid losses.

Governments around the world are putting strict regulations regarding VOCs, which creates the need for the development of new and eco-friendly products such as water-based coatings, which is anticipated to drive market's growth. Focus of government across major regions to enhance sewage and potable water infrastructure is also anticipated to supplement market growth over the forecast period.

✦ Restraints:

Increasing raw material cost, which further adds to the cost of manufacturing, may prove to be a major challenge for the global process pipe coating market over the forecast period.

✦ Trends:

Preference for abrasion resistance overlay (ARO) is growing in the process pipe coatings market. ARO is designed to protect FBE (Fusion bonded epoxy) coated pipes during directional applications, such as thrust bore, river crossing and slick bore.

Prominent Key players of the Process Pipe Coating Market survey report:

Historical data available in the report elaborates on the development of the Process Pipe Coating on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - AkzoNobel, Arkema, 3M, The Sherwin-Williams Company, Axalta Coating Systems, Specialty Polymer Coating, DowDuPont, BASF, PPG, Shawcor, Wasco Energy, LyondellBasell Industries, The Bayou Companies, Tenaris.

On 1st April 2020, AkzoNobel acquired a leading Mauritius-based paints and coatings company Mauvilac Industries Limited. The complete acquisition helps the company strengthen its distribution network across Europe and Africa.

In January 2021, AkzoNobel signed an agreement with Guangdong Water to supply powder coatings for a landmark water pipeline in China.

In February 2021, Arkema acquired Poliplas, a leader in hybrid-technology sealants and adhesives. The acquisition reinforces its presence in the Brazilian fast-growing construction adhesives market.

On 5th May 2021, Axalta completed the expansion of its waterborne coatings plant in Shanghai, China. Expansion of the plant was done looking into the growing demand for sustainable coating solutions for commercial and industrial markets in China and the Asia Pacific region

Process Pipe Coating Market Segmentation:

Process Pipe Coating Market By Type, 2023-2029, (USD Million) (Kilotons)

» Coal Tar Enamel Coating

» Concrete Coating

» Metallic Coating

» Thermoplastic Polymer Coating

» Fusion Merged Epoxy Ash Coating

» Asphalt Coating

Process Pipe Coating Market By Application, 2023-2029, (USD Million) (Kilotons)

» Residential

» Industrial

» Commercial

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Process Pipe Coating Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Process Pipe Coating industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Process Pipe Coating industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Process Pipe Coating Market Research Report 2023-2029

1 Process Pipe Coating Market Overview

1.1 Product Overview and Scope of Process Pipe Coating

1.2 Process Pipe Coating Segment by Type (Product Category)

1.3 Global Process Pipe Coating market Segment by Application

1.4 Global Process Pipe Coating Market by Region (2023-2029)

1.4.1 Global Process Pipe Coating Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Process Pipe Coating (2023-2029)

1.5.1 Global Process Pipe Coating Revenue Status and Outlook (2023-2029)

1.5.2 Global Process Pipe Coating Capacity, Production Status and Outlook (2023-2029)

…

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