Global High Performance Anti-corrosion Coatings Market Growth Estimated at 5.0% during 2017 – 2023

Posted on 2018-06-11 by Mark Hub in Chemicals // 0 Comments

Albany, US, June 11, 2018: High performance anti-corrosion coatings are primarily used for creating a protective coating on metal surfaces with an aim to prevent them from weathering and harsh climatic conditions. In addition, these coatings also safeguard the vessels, components, as well as the equipment from rusting over time. Over the years, the market for high performance anti-corrosion coatings has experienced growth due to significant demand from construction, power generation and marine sector. To study more about the market, a new research report titled “High Performance Anti-corrosion Coatings Market– Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2023”, has been added to the online repository managed by Market Research Hub (MRH). This particular report projects and forecasts the high performance anti-corrosion coatings market both at the global and regional level. In addition, the study provides forecast from 2017 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn).

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As per research findings, the global high performance anti-corrosion coatings market is likely to reach US$18.22 bn by 2023, exhibits a consistent growth at 5.0% CAGR between 2017 and 2023. This particular study provides a comprehensive viewpoint of the high performance anti-corrosion coatings market by segmenting it on the basis of factors such as product, end-user and region. Based on product, the prime segments include epoxy coatings, urethane coatings, acrylic coatings and others. Considering the end-user, the concerned market is bifurcated into oil & gas, tanks & pipes, construction, marine, power generation, and others. The regional segmentation talks about current and forecast demand for high performance anti-corrosion coatings in Asia Pacific, North America, Latin America, Europe and Middle East & Africa (MEA). According to report specifics, infrastructural development across emerging economies of Japan, India, China and Singapore are expected to enhance the usage of high performance anti-corrosion coatings in the coming years. Furthermore, the construction and transportation industries active in these countries is also anticipated to behave as a primary driver to swell the market in the Asia Pacific region.

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The final section of the report discourses knowledge about the prime players operating in the high performance anti-corrosion coatings market. Readers can access a detailed competitive outlook which comprises of market share and profiles of chief players such as Akzo Nobel N.V., Chugoku Marine Paints, Ltd., The 3M Company, Hempel A/S, Nippon Paint Co., Ltd., Jotun A/S, The Sherwin-Williams Company and PPG Industries Inc. Overall, this research report is a beneficial data source for new investors who have planned their entry into this interesting market.

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