Global Corrosion Protective Coatings and Acid Proof Linings Market Insights & Industry Trends Studied during 2015 – 2025

ALBANY, USA, 2018-May-11 — /EPR Network/ —The requirement of various industries to protect their products from degradation caused by moisture, oxidation, and a number of chemical-based occurrences is estimated to enable a CAGR of 6.2 % between 2015 and 2025 for the global corrosion protective coatings and acid proof linings market, states a recent report that is now available on Market Research Reports Search Engine (MRRSE). The report, titled “Corrosion Protective Coatings and Acid Proof Lining Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025,” aims at providing readers with useful and critical information about the market trends, opportunities, and challenges faced by the global market.

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Corrosion protective coatings and acid proof linings are used on metals and alloys in several industries to protect their products from degradation or corrosion by oxidation or due to exposure to a variety of environmental conditions or industrial chemicals. Anti-corrosion protective coatings and acid proof linings protect the metal surfaces and act as a barrier between corrosive chemical compounds and the materials to be protected. Corrosion protective coatings ensure that the metal components have a long lifespan. Metal components have to withstand many harsh elements and thus need to be coated with an extra layer of corrosion protective coatings. The rising awareness about the importance of corrosion protective coatings and acid proof linings and the subsequent demand for these coatings in many industries have boosted the global market for corrosion protective coatings and acid proof linings.

The growing demand for corrosion protective coatings and acid proof linings from the marine, automotive, oil and gas, chemicals, mining and metallurgy, construction, and power generation industries is driving the market for corrosion protective coatings worldwide, and this growth is expected to continue for the rest of the forecast period. On the other hand, factors such as fluctuating raw material costs, environmental regulations, and others may inhibit the market for corrosion protective coatings and acid proof linings. Increasing development of modern infrastructure and high production of automobiles serves as an opportunity for the corrosion protective coatings and acid proof linings market to grow.

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The report segments the global corrosion protective coatings and acid proof lining market on the basis of end-use industry, product, technology, and also by region. The report highlights the segments leading in the market and also provides a forecast for the segments anticipated to grow at the fastest rate.

Key companies mentioned in the report include: The Sherwin-Williams Company, PPG Industries Inc, Ashland Inc, Axalta Coatings Inc., Hempel A/S, BASF Coatings GmbH, International Paint Limited, Jotun A/S, Steuler-KCH GmbH, TIP TOP Oberflächenschutz Elbe GmbH, and Koch Knight LLC.

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