openPR Logo
Press release

Corrosion Protection Rubber Linings and Coatings Market to be Worth US$ 12,000 Mn Revenues by 2022

09-28-2017 09:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Corrosion Protection Rubber Linings and Coatings Market to be

According to a latest research by Future Market Insights (FMI), the global market for corrosion protection rubber linings and coatings will register a healthy expansion during the forecast period (2017-2022). The global corrosion protection rubber linings and coatings market is estimated to account for nearly US$ 12,000 Mn revenues by 2022-end.

Manufacturers focusing on Development of Highly-volatile Deterioration-resistant Materials

Shifting end-user preferences from solvent-borne solutions to water-borne solutions is a key trend being observed in the market currently. Manufacturers of corrosion protection products are increasingly focusing on safeguarding various end-use sector’s operational performance. These manufacturers are also taking steps to cater the imperative need of preventing exterior corrosion of industrial surfaces. In addition, the focus on development of highly-volatile deterioration-resistant materials is increasing on the back of growing inclination towards technologically-advanced corrosion coating.

View and Download TOC of Corrosion Protection Rubber Linings and Coatings Market Research Report@ https://www.futuremarketinsights.com/reports/corrosion-protection-rubber-linings-and-coatings-market/toc

Industrial Facilities built from Carbon Steel at High Risk of Corrosion

Global leading manufacturers of corrosion protection rubber linings and coatings are making heavy investments in research and development activities, in a bid to develop new techniques for complete prevention of corrosion. Various industrial facilities, ranging from processing equipment, water treatment plants, oil & natural gas tank farms, to pipelines, are at huge risk of corrosion, especially the ones whose structures are made of carbon steel. This is mainly because carbon steel is highly prone to corrosion, which has resulted into production downtime, and repair & replacement activities.

Several proactive industries are therefore moving beyond traditional techniques that are only capable of slowing down the corrosion. The industries are further shifting towards adoption of novel techniques, which enable complete prevention from corrosion, thereby minimising cost, and production downtime needed to replace, repair, or recoat the corroded equipment or material. According to World Corrosion Organisation, over 3% of world’s GDP is spent on corrosion-related activities across the globe annually.

Solvent-borne Form Type Segment to Account for over 40% Revenue Share of the Market

Projected to account for over 40% revenue share of the market during 2017 to 2022, solvent-borne segment by form type is expected to remain dominant in the global corrosion protection rubber linings and coatings market. In addition, water-borne segment is expected to witness a relatively faster expansion in sales through 2022. As solvents comprise of harmful chemicals, end-users are now preferring water-borne solutions over solvent-borne for corrosion protection.

Request and Download Sample Report@ www.futuremarketinsights.com/reports/sample/rep-gb-5001

Asia-Pacific Excluding Japan (APEJ) and North America will remain the largest markets for corrosion protection rubber linings and coatings. The markets in Japan, and Middle East & Africa (MEA) are also expected to witness a healthy expansion through 2022. In addition, the market in Europe is estimated to create an absolute $ opportunity of roughly US$ 560 Mn between 2017 and 2022.

Hard Rubber Lining Systems will Remain Preferred in the Market

Hard rubber lining systems are expected to remain preferred among products, with sales projected to account for nearly two-third revenue share of the market during 2017 to 2022. However, soft rubber lining systems’ sales are anticipated to reflect a comparatively higher CAGR than that of hard rubber lining systems through 2022.

Sales of corrosion protection rubber linings and coatings in marine, and construction end-use sectors are expected to collectively account for over one-third revenue share of the market in 2017. These end-use sectors will witness a rise in their market share through 2022. In addition, oil & gas is expected to remain the fastest growing end-use sector in the market, with sales poised to account for nearly US$ 2,000 Mn in revenues by 2022-end.

Buy Full Corrosion Protection Rubber Linings and Coatings Market Report@ www.futuremarketinsights.com/checkout/5001

Key market players included in FMI’s report include The Sherwin Williams Company, STEULER – KCH GmbH, PPG Industries, Inc., Polycorp Limited, Koch Knight LLC, Jotun A/S, BASF SE, Axalta Coating Systems, Ashland Global Holdings, Inc., and Akzo Nobel NV.

About Us –
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Corrosion Protection Rubber Linings and Coatings Market to be Worth US$ 12,000 Mn Revenues by 2022 here

News-ID: 745018 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Corrosion

Electrical corrosion protection - Prevent hydrogen sulphide corrosion in electri …
SuperCORR A is a proven and cost-effective way to prevent or inhibit corrosion from destroying electronics and electrical components. Adverse work environments where corrosive gases such as hydrogen sulphide are found, can cause severe corrosion and rapid deterioration of electronic components and equipment, including connectors and switches. Lost productivity and revenue caused by plant and equipment downtime Corrosion, in its many forms, costs both private and public sectors hundreds of billions
Corrosion protection - SuperCORR A helps to reduce fretting corrosion on gas tur …
LP Gas Turbines are used throughout the world by extraction industries and manufacturing plants in remote and hostile locations for essential power production. Dusty and wet environments in deserts, mines, grinding mills, pulp and paper mills and on land or sea drilling rigs for gas and oil production. Turbines powering aircraft services while stationary connect and disconnect many times a day in extreme conditions. These applications and locations test
Global Anti-corrosion and Corrosion Resistant Coatings Industry Market Analysis …
Global Anti-corrosion and Corrosion Resistant Coatings Industry Market are investigated for the end-client ventures of oil and gas, assembling, water and wastewater, business design, framework, marine, and power age. Global Anti-corrosion and Corrosion Resistant Coatings Industry Market real sciences engaged with the definition of these coatings are epoxy, polyurethane, polysiloxane, acrylic, and alkyds. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=5317 Table of Contents: Chapter 1 Anti-corrosion and Corrosion Resistant Coatings Market Overview 1.1
Global Anti-Corrosion Nanocoatings Market Shares, Strategies, And Forecasts, Wor …
"The Report Global Anti-Corrosion Nanocoatings Market Professional Survey Report 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" This report studies Anti-Corrosion Nanocoatings in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global
Green Corrosion Inhibitors to Open New Opportunity for Global Corrosion Inhibito …
Due to the high demand for corrosion inhibitors mainly from the industrial sector, the global corrosion inhibitors market is expected to grow significantly during the period between 2013 and 2019. The global corrosion inhibitors market was worth US$5.20 billion in 2012 and due to positive growth at a CAGR of 4.7% during the forecast period, the market is expected to reach US$7.14 billion in 2019. Environmental Regulations to Restrict Growth
Corrosion Assessment Services
Cuproban Systems (Singapore) Pte Ltd offers complete marine Cathodic Protection solutions under one roof. Located strategically in the marine hub of Singapore, Cuproban Systems offers the following products and services: Description: Cuproban Systems (Singapore) Pte Ltd offers complete marine Cathodic Protection solutions under one roof. Located strategically in the marine hub of Singapore, Cuproban Systems offers the following products and services:Corrosion is one of the biggest problems of steel structures immersed