Press release
Zinc Flake Coating Market worth $2.28 billion by 2030, growing at a CAGR of 6.98% - Exclusive Report by 360iResearch
The "Zinc Flake Coating Market by Type (Solvent-Based, Water-Based), Coating Type (Inorganic Coats, Organic Coats), Coating Technique, End-Use Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Zinc Flake Coating Market to grow from USD 1.42 billion in 2023 to USD 2.28 billion by 2030, at a CAGR of 6.98%.
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Zinc flake coating is a corrosion-resistant coating that effectively protects various metal surfaces. Zinc flake coating is primarily used to prevent rust and corrosion on steel and other ferrous substrates. Rapid industrialization and infrastructure development activities increase the demand for corrosion-resistant coatings, including zinc flake coatings. The continuous expansion of the automotive industry is elevating the usage of zinc flake coatings on various automotive components, including fasteners, springs, chassis, and body parts, to provide corrosion protection and improve durability. However, developing alternative coating technologies and materials, such as nano-coatings and advanced polymers, challenges the growth of the zinc flake coating market. Developing self-healing and smart coatings that can repair minor damage and provide additional functionalities that enhance the value proposition of zinc flake coatings is expected to create opportunities for market growth.
Significant infrastructure development activities, such as the construction of roads, bridges, and airports across Asia-Pacific and South America, drive the demand for zinc flake coatings. The growing focus on renewable energy sources across India, Japan, China, and Australia is expected to expand the application of zinc flake coatings to protect components used in renewable energy infrastructure, such as wind turbine towers, solar panel frames, and support structures. The presence of well-established automotive manufacturers focused on increasing the production of vehicles across the U.S., Canada, the UK, and Germany is expanding the adoption of zinc flake coatings for corrosion protection of various automotive components, including fasteners, springs, chassis, and body parts. The increasing maintenance and repair activities in industries, including oil & gas and chemical processing in EMEA, are raising the demand for zinc flake coatings for recoating and repairing existing surfaces and providing corrosion protection in these industries.
Market Segmentation & Coverage:
This research report categorizes the Zinc Flake Coating Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Solvent-Based and Water-Based. The Solvent-Based commanded largest market share of 66.11% in 2023, followed by Water-Based.
Based on Coating Type, market is studied across Inorganic Coats and Organic Coats. The Inorganic Coats commanded largest market share of 73.23% in 2023, followed by Organic Coats.
Based on Coating Technique, market is studied across Dip-drain Coating, Dip-spinning, Rack-mounted Dip-spinning, and Spraying. The Dip-drain Coating commanded largest market share of 40.34% in 2023, followed by Rack-mounted Dip-spinning.
Based on End-Use Industry, market is studied across Automotive, Construction, Electrical & Electronics, Industrial Machinery, and Oil & Gas. The Automotive commanded largest market share of 37.64% in 2023, followed by Construction.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 40.81% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Zinc Flake Coating Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Zinc Flake Coating Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Zinc Flake Coating Market, highlighting leading vendors and their innovative profiles. These include Aalberts N.V., ALTANA AG, ALU - FIN, American Elements, Anochrome Group, Atotech Deutschland GmbH & Co. KG by MKS Instruments, Inc., Aum Dacro Coatings, AVL METAL POWDERS n.v., EJOT Holding GmbH & Co. KG, Ewald Dörken AG, Fabory Nederland B.V., Forplan AG, Holder GmbH, Hunan Jinhao New Material Technology Co., Ltd, Huster Oberflächentechnik GmbH, Kansai Helios Coatings GmbH by Kansai Paint Co.,Ltd., Keys & Clamps, Klimas sp. z o. o., Licco Group, Noelson Chemicals, NOF CORPORATION, Novamet Specialty Products Corporation, Otto Chemie Pvt. Ltd., PPG Industries, Inc., Progressive Surface Systems, RIE Coatings, ROTOVER Lackiertechnik GmbH, Shiva co., Shree Balaji Industries LLP, Sika AG, Thai Parkerizing Co., Ltd., The DECC Company, The Magni Group, Inc., Varun Advance Coatings, Wellcoat Tech, Yuken Industrial Co., Ltd., and Zincotec Co.,Ltd.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Zinc Flake Coating Market, by Type
7. Zinc Flake Coating Market, by Coating Type
8. Zinc Flake Coating Market, by Coating Technique
9. Zinc Flake Coating Market, by End-Use Industry
10. Americas Zinc Flake Coating Market
11. Asia-Pacific Zinc Flake Coating Market
12. Europe, Middle East & Africa Zinc Flake Coating Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Zinc Flake Coating Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Zinc Flake Coating Market?
3. What is the competitive strategic window for opportunities in the Zinc Flake Coating Market?
4. What are the technology trends and regulatory frameworks in the Zinc Flake Coating Market?
5. What is the market share of the leading vendors in the Zinc Flake Coating Market?
6. What modes and strategic moves are considered suitable for entering the Zinc Flake Coating Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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