Anti-Corrosion Coating Market Revenue to Cross USD 43 Billion by 2029 to Rise at a Stellar CAGR of 5% | Akzo Nobel N.V., Ashland, Axalta Coating Systems

Exactitude Consultancy Market Research analyses that the Anti-Corrosion Coating Market will witness a CAGR of 5% for the forecast period of 2023-2029 and is likely USD 27.85 Billion in 2022 to reach at USD 43 Billion by 2029.

Research report on the Anti-Corrosion 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 Anti-Corrosion 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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Key Drivers and Restraints of Anti-corrosion Coatings Market

► Anti-corrosion coatings are primarily used in the infrastructure industry. Different end-user sectors use anti-corrosion compounds to shield metal components from corrosion-related structural failure. They are widely used in sectors like oil and gas, automobiles, and infrastructure where metals are consumed in big amounts. End-user sectors strive to select anti-corrosion coatings with minimal environmental effect. As a result, it is anticipated that during the projection period, demand for waterborne anti-corrosion coatings will increase considerably. During the projection period, this is expected to push the global anti-corrosion coatings market.

► In the near future, it is predicted that increased demand for anti-corrosion coatings in the automobile and maritime sectors will present the anti-corrosion coatings market with significant possibilities. In the energy sector, anti-corrosion compounds are also extremely important. Equipment used in the energy sector is protected from rust by anti-corrosion coverings from severe weather. Additionally, emerging nations are probably more likely to rely on traditional energy production methods like coal power and crude oil substitutes.

Prominent Key players of the Anti-Corrosion Coating Market survey report:

Historical data available in the report elaborates on the development of the Anti-Corrosion 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 - Akzo Nobel N.V., Ashland, Axalta Coating Systems, LLC, BASF SE, Hempel A/S, Jotun, Kansai Paint Co., Ltd., PG Industries.

Developments

⇨  In April 2022, PPG announced that it will celebrate 300 years of operations in the Netherlands, as well as the anniversary of the SIGMA COATINGS brand, one of Europe's most well-known architectural coatings brands.

⇨  In April 2022, PPG announced the completion of its acquisition of Arsonsisi, an industrial coatings company situated in Milan, Italy's powder coatings manufacturing division.

⇨  In February 2022, Ashland released a new water-based pressure-sensitive adhesive (PSA) platform that is completely compliant with ISO 10993 direct skin contact applications.

Anti-Corrosion Coating Market Segmentation:

Anti-Corrosion Coatings Market by Technology, 2023-2029, (USD Million) (Kilotons)

» Solvent Based

» Water Based

» Power Based

Anti-Corrosion Coatings Market by Material, 2023-2029, (USD Million) (Kilotons)

» Acrylic

» Alkyd

» Polyurethane

» Epoxy

» Zinc

Anti-Corrosion Coatings Market by Application, 2023-2029, (USD Million) (Kilotons)

» Oil and Gas

» Marine

» Building and Construction

» Automotive and Rail

» Aerospace

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 Anti-Corrosion 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 Anti-Corrosion 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 Anti-Corrosion 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 Anti-Corrosion Coating Market Research Report 2023-2029

1 Anti-Corrosion Coating Market Overview

1.1 Product Overview and Scope of Anti-Corrosion Coating

1.2 Anti-Corrosion Coating Segment by Type (Product Category)

1.3 Global Anti-Corrosion Coating market Segment by Application

1.4 Global Anti-Corrosion Coating Market by Region (2023-2029)

1.4.1 Global Anti-Corrosion 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 Anti-Corrosion Coating (2023-2029)

1.5.1 Global Anti-Corrosion Coating Revenue Status and Outlook (2023-2029)

1.5.2 Global Anti-Corrosion Coating Capacity, Production Status and Outlook (2023-2029)

…

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