openPR Logo
Press release

Corrosion Protection Polymer Coating Market will Represent a Value of US$ 19.5 Bn in revenues by 2022

09-28-2017 09:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Corrosion Protection Polymer Coating Market will Represent

Corrosion of metals and metallic surfaces remains to be a perpetual problem for industries across the globe. Manufacturing and transportation of products in almost every industrial vertical has changed rapidly, registering a higher presence of chemicals factoring such corrosions. Companies continue to adopt innovative and effective corrosion control methods, wherein polymer coatings are an integral offering. High resistance against chemical corrosion and abrasion continues to propel the demand for such corrosion protection polymer coatings, while their manufacturing, which involves hazardous materials & volatile emissions, creates grave concern for the environment.

In the view of stringent regulations imposed by environmental protection agencies on manufacturing of such toxic products, the demand for corrosion protection polymer coating is less likely to witness high upturns in the future. A latest market study published by Future Market Insights anticipates that the global market for corrosion protection polymer coatings will soar at a steady CAGR of 5.1% during the forecast period, 2017-2022. According to this report, the global corrosion protection polymer coating market will be valued at more than US$ 19.5 Bn by the end of 2022. Despite the slew of factors devaluing the production of these industrially-essential materials, the demand for corrosion protection polymer coatings will incur steady growth, primarily due to its rising end-use in the oil & gas industry.

View and Download TOC of Corrosion Protection Polymer Coating Market Research Report@ https://www.futuremarketinsights.com/reports/corrosion-protection-polymer-coating-market/toc

Corrosion Protection Polymer Coating Market: Upsurge in Oil & Gas End-use

The global oil & gas sector continues to attain stability in the times of highly-fluctuating oil prices. With respect to the changing landscape of this industry, companies are focusing towards prevention of industrial failures due to undue chemical corrosion. From oilfield pipelines to refiners, all key industrial surfaces in the oil & gas sector are likely to be coated with corrosion protective polymers. In the future as well, the demand for corrosion protection polymer coatings in oil & gas sector is anticipated to increase. While their contribution to the global market value of corrosion protection polymer coatings will be moderate, oil & gas companies will be observed as fast-grossing end-user during the forecast period. Towards the end of 2022, corrosion protection polymer coatings worth nearly US$ 3 Bn are anticipated to be used by oil & gas companies around the world.

Request and Download Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5002

Additional insights from the report:

In 2017, corrosion protection polymer coatings made of vinyl esters and flake-filled vinyl esters will contribute to less than 4% share on global revenues, albeit, their demand over the forecast period will grow vigorously
Through 2022, the demand for epoxies is slated to decline, registering a sluggish revenue growth at a CAGR of 4.2%
Between 2017 and 2022, powder-based corrosion protection polymer coatings are likely to create an incremental opportunity of a little over US$ 650 Mn
During the forecast period, the global demand for corrosion protection polymer coating in waterborne form will rise at a robust pace
Asia-Pacific excluding Japan (APEJ) region will be the largest market for corrosion protection polymer coating, and will be valued at US$ 7.1 Bn by 2022-end
Throughout the forecast period, Europe’s corrosion protection polymer coating market is assessed to record a sluggish growth
Companies to Watch

The report also anticipates that companies, namely BASF Coating GmbH, Polycorp Limited, STEULER - KCH GmbH, Koch Knight LLC, Akzo Nobel NV, Axalta Coating Systems, Jotun A/S, Ashland Global Holdings, Inc., PPG Industries, Inc., and The Sherwin Williams Company will remain active in the global market for corrosion protection polymer coatings through 2022.

Buy Full Corrosion Protection Polymer Coating Market Report@ https://www.futuremarketinsights.com/checkout/5002

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 Polymer Coating Market will Represent a Value of US$ 19.5 Bn in revenues by 2022 here

News-ID: 745097 • 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 Coating

Coating Equipment Market by Type (Powder coating equipment, Liquid coating equip …
The Coating Equipment Market research report incorporates the scope and objective of the study. Moreover, the report highlights key market segments and players covered. It also covers industry trends, focusing on market use cases and top market size by region, market trends, and global market size. Moreover, the Coating Equipment Market research report covers market growth rate and market share by region. Supply chain analysis, regional marketing analysis, opportunities, challenges,
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth. Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the
Automotive Paint & Coating Market: PPG Industries, BASF, Axalta Coating Systems
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Paint & Coating Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This industry study presents the global Automotive Paint & Coating market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Paint & Coating production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Paint & Coating in
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth. Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth. Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the
Automotive Refinish Market Report 2018: Segmentation by Product (Waterbased Coat …
Global Automotive Refinish market research report provides company profile for Nipsea Group, Valspar Paint, KCC, Henkel, Nipponpaintholding, NOROO, Akzonobel, PPG Industries, Sherwin Williams, Basf Coatings and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.