Anti-Corrosion Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Polyurethane, Acrylic, Alkyd), By Technology (Solvent-Borne, Water-Borne, Powder Coating), By Application (Marine, Industrial, Oil & Gas, Infrastructural, Automotive & Transportation) Others and Regional Forecast, 2019-2026
The globalAnti-Corrosion Coatings Marketis likely to foresee impressive growth in the forthcoming years. The is ascribable to the latest innovations and accelerated globalization.
Drivers and Restraints:
Increasing Adoption of Epoxy-based Coating to Drive Market
Epoxy-based anti-corrosion coating have been in huge demand for several industrial as well as engineering application across the globe. Remarkable attributes such as superior adhesive properties, improved stability, and solvent resistance properties have propelled the use of epoxy-based coating across several industries. Furthermore, rising demand for epoxy coating specially the waterborne coatings from end-use industries is expected to drive the growth of the market during the forecast period. Moreover, increasing demand for the automotive industry is likely to drive the growth of the market in the forthcoming years.
On the contrary, the market may face restrictions considering fluctuation in process of raw materials and crude oil to some extent during the projected horizon.
The global anti-corrosion coatings market size is estimated to register a healthy growth owing to increasing infrastructural activities. Fortune Business Insights, in its latest report, titled,“Anti-Corrosion Coatings Market Size, Share and Industry Analysis, By Type (Epoxy, Polyurethane, Acrylic, Alkyd), By Technology (Solvent-Borne, Water-Borne, Powder Coating), By Application (Marine, Industrial, Oil and Gas, Infrastructural, Automotive and Transportation) Others and Regional Forecast, 2019-2026.”,states that the rising automotive sector is driving the growth of the market during the forecast period.
Request A Sample Copy – Anti-Corrosion Coatings Market Report Click herehttps://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/anti-corrosion-coatings-market-102129
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Anti-corrosion coatings are mainly used to protect several metal and other types of surfaces from natural degradation. Corrosive agents that include chemicals, moisture, or salt cause this natural degradation such as rust due to reaction. Globally, the industries such as oil and gas, petrochemicals, marine, and others suffer huge financial losses owing to corrosion. In addition to this, corrosion degrades the durability of structures rendering them weak and posing a threat to the property and life. However, anti-corrosion coating provide a barrier between the surface and the corrosion agents, while prolonging the structural built and improving its efficiency.
What are the Objectives of the Report?
The report covers quantitative and qualitative data at the global and regional level for the anti-corrosion coatings market. Furthermore, the report provides in-depth details about the factors such as drivers and restraints, challenges, and the opportunities that the market will go through 2019 and 2026. Moreover, the report provides a comprehensive analysis of the key companies proliferating in the market, and detailed information about the strategies adopted by the companies to gain market stronghold during the projected horizon. The information is obtained by trusted sources with key insights from industry experts by our lead research analyst using several methodologies such as PESTEL analysis, SWOT analysis, and other that will contribute to the growth of the market during the forecast period.
Regional Analysis:
Boost in Automotive Sector in Europe to Surge Demand
Among the regions, Europe will witness significant growth for the market owing to improving automotive sector during the forecast period. On the other hand, North America is expected to register promising growth for the market in the forthcoming years. This is attributable to factors such as rising demand for oil and gas, marine, and power generation industries. In Latin America, increasing infrastructural and industrial activities will contribute to the growth of the market during the forecast period. Overall, the market in the Middle East and Africa is anticipated to boost owing to increasing oil exploration activities in the forthcoming years.
Pre Book Complete Research Report:https://www.fortunebusinessinsights.com/checkout-page/102129
Competitive Landscape:
PPG Acquiring DEUTEK S.A. to Promote Growth
On January 2017, PPG Industries, a Pittsburg-based company, announced its acquisition of DEUTEK S.A., a leading Romanian coating manufacturer. The acquisition will expand the paint coating market for PPG, which was confined to a small presence for architectural coatings market before the deal. Several companies operating in the market are trying to maintain market presence. Adoption of strategies by the companies to gain major anti-corrosion coatings market revenue will drive the growth of the market during the forecast period. Additionally, to maintain market stronghold the companies are expanding their horizon through merger and acquisition that will contribute for the growth of the market between 2019 and 2026.
Industrial Developments:
List of the Companies Operating in the Market:
Gain More Insights into the Anti-Corrosion Coatings Market Research Report
https://www.fortunebusinessinsights.com/anti-corrosion-coatings-market-102129
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email:sales@fortunebusinessinsights.com
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Anti-Corrosion Coatings Market Size and Global Revenue Projections in 2026 | Industry Growth forecast to 2026