Anticorrosion Coatings 2018 Global Industry Key Players - AkzoNobel N.V, PPG Industries, Inc., The Sherwin Williams Company, RPM International Inc. Market Analysis And Forecast To 2025

Global Anticorrosion Coatings Market

Anticorrosion coatings are chemicals that veil the parent material of parts, utilities and infrastructures from the reactions occurring due to exposure to atmospheric oxygen, moisture and other erosive chemicals which leads to gradual wear. The wear so occurred may cause degradation of the efficiency, physical properties and shortening of service period of those utilities or parts for a long run. This may cause catastrophic failure leading to loss of capital and human life. These chemicals are a remedy to the designing limitations of employing anticorrosive base materials which is not feasible for practical use due to increased cost or unavailability.

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Polymer based coatings are being widely used in aircraft bodies to reduce the weight and thereby impacting the fuel consumption as well as emission. There are several environmental issues coming up due to these hazardous emissions. This concept has paved the way of these anticorrosion coating to penetrate into the aerospace as well as automotive industry for the same remedy. Nanotechnology based coatings with self-healing properties are also being developed for automotive industry to prevent the initiation and propagation of corrosion due to pinhole impact. Regulations due to the presence of heavy metals in these chemicals and VOC emission are fueling the development and adoption of green coatings and bio based coatings. These advanced coatings are shifting the priority from the conventional ones significantly.

Anticorrosion Coatings Market

Anticorrosion coatings market is segmented by base material, application and geography. By base materials the market has been further scrutinized by epoxy based, alykd based, acrylic based, urethanes, vinyl and others. Various applications of these anticorrosive coatings considered for the study of global market includes oil & gas, marine, energy & power, construction & infrastructure, automotive, aerospace and others. Besides the above segmentation the report also incorporates region wise analysis of the market including North America, Europe, APAC and Rest of the World.

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APAC is poised to dominate the anticorrosion coatings market and also witness a prominent CAGR of 6.43% during the forecast period 2016-2021. The presence of industries such as marine industry and energy and power in this region is set to fuel the market. Also, subsequent increase in demand for construction coupled with the growing adoption of anticorrosion coatings in automotive industry for corrosion resistance is set to spur the APAC market as well.

Sample Companies Profiled in this Report are:

AkzoNobel N.V(Netherlands) 
PPG Industries, Inc. (U.S) 
The Sherwin Williams Company (U.S) 
RPM International Inc.(U.S) 
Hempel A/S (Denmark). 
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Anticorrosion Coatings Market Overview 
Executive Summary 
3. Anticorrosion Coatings Market Landscape 
3.1. Market Share Analysis 
3.2. Patent Analysis 
3.3. Comparative Analysis 
3.3.1. Competitive Benchmarking 
3.3.2. Top 5 Financials Analysis 
4. Anticorrosion Coatings Market Forces 
4.1. Market Drivers 
4.1.1. Original equipment manufacturer (OEM) coatings are forecast to take more than one-quarter of the volume in the next five years 
4.1.2. Industrial maintenance and specialty roof coatings are end uses that have grown with the economic recovery and increased construction spending. 
4.1.3. Construction sector to see rebound in north American and Middle East countries Market Constraints and Challenges 
4.1.4. Improved physical properties of coatings to improve demand in end user industry segments 
4.1.5. Lower costs in terms of price and efficiency in use 
4.1.6. Green coating resins for ecofriendly coating systems 
4.1.7. Energy efficient buildings will require coatings developed from synthetic as well as natural resins 
4.2. Market Constraints & Challenges 
4.2.1. Increasing energy costs projected for the coming years will lead to increased feedstock prices which will directly affect the price of all synthetic resins 
4.2.2. New technology restriction, especially in Europe will probably see a decline in operating efficiencies across manufacturers 
4.3. Attractiveness of the Anticorrosion Coatings Industry 
4.3.1. Power of Suppliers 
4.3.2. Power of Customers 
4.3.3. Threat of New entrants 
4.3.4. Threat of Substitution 
4.3.5. Degree of Competition 
5. Market Strategic Analysis 
5.1. Value Chain Analysis 
5.2. Pricing Analysis 
5.3. Product/Market Life Cycle Analysis 
5.4. Opportunities Analysis 
5.5. Suppliers and Distributors 
6. Market By Type of Services 
6.1. Epoxy 
6.2. Alkyd 
6.3. Acrylic 
6.4. Urethanes 
6.5. Vinyl 
6.6. Others 
7. Market by Application 
7.1. Oil & Gas 
7.2. Marine 
7.3. Energy and Power 
7.4. Construction and Infrastructure 
7.5. Automotive 
7.6. Aerospace 
7.7. Others 
8. Market by Geographic Analysis 
8.1. Americas 
8.1.1. US 
8.1.2. Canada 
8.1.3. Mexico 
8.1.4. Others 
8.2. Europe 
8.2.1. UK 
8.2.2. France 
8.2.3. Germany 
8.2.4. Russia 
8.2.5. Turkey 
8.2.6. Others 
8.3. APAC 
8.3.1. China 
8.3.2. Japan 
8.3.3. India 
8.3.4. South Korea 
8.3.5. Others 
8.4. ROW 
Continued…

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