Press release
Pipe Coating Market to Record Study Growth by 2024
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The pipe coating market is driven majorly by the industrial segment of the end user industry. The need for higher shelf life, smooth transportation of oils and acids drives the pipe coating market. Besides, abrasion resistance overlay (ARO) is a trend setter in the pipe coating solutions. Also, s regional strict government regulations for the environment and health safety (EHS), aids in the growth of pipe coating market.
The global pipe coating market is segmented on the basis of formulation base type, material type and end user.
Based on the formulation base type, the global pipe coating market is segmented into:
Water base coatings
Solvent base coating
Ultraviolet curable (UV)
Based on the coating material type, global pipe coating market is segmented into:
Coal tar enamel
Polymeric tapes
Fusion bonded epoxy (FBE)
Polyolefin
Based on the end user the global pipe coating market is segmented into:
Industrial
Oil and gas (on shore and off shore)
Chemical
Others
Commercial
Residential
The global pipe coating market is geographically divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. North America holds major share of pipe coating market due the increase in natural gas production from shale formation. Followed by North America is Middle East and Africa (MEA), especially Saudi Arabia, Qatar are lucrative for pipe coating market because of major production of petroleum and other liquids. In Asia Pacific China, India, Taiwan, Japan, South Korea are important for growth of pipe coating market.
Some of the key players identified in the global pipe coating market are L.B. Foster Ball Winch, ShawCor Ltd., Tenaris, The Bayou Companies, etc. The key players for pipe coating material production are BASF SE, Arkema S.A. , AkzoNobel N.V. , LyondellBasell Industries Holdings B.V etc.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
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