Anti-Corrosion Coating Market

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Anti-Corrosion Coating Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• Anti-Corrosion Coating market size is forecast to
  reach 24.7 billion by 2026, after growing at a
  CAGR of 5.5 during 2021-2026. Anti-corrosion
  coatings are used to protect metal/alloys from
  natural degradation caused by different corrosive
  agents such as moisture, chemicals, salt, and
  others.
• The growth in automotive production will drive
  anticorrosion coatings demand. For instance,
  according to International Energy Agency, in
  2018, 3.29 million electric vehicles deployed
  globally, and the number will increase up to 125
  million by 2030.

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• Key Takeaways
• APAC dominated the anticorrosion coatings market
  with a share of approximately 56 in 2020, owing
  to growing investments in the infrastructure and
  construction industry in emerging countries such
  as China, India, and Japan.
• In oil gas industry, corrosion in the pipelines
  or storage system due to reactive chemicals or
  organic salt in the oil can eventually cause a
  loss of containment of process fluids or can lead
  to serious accident affecting workers,
  environment and economy. Therefore, to reduce the
  risk of corrosion and safe guard the equipment
  containing crude oil and protect the whole
  refinery process, anticorrosion coatings are
  widely used in this industry.

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Anti-Corrosion Coating Market Segment Analysis -
By Raw Material Resin Type segment held the
largest share in the anti-corrosion coatings
market in 2020 and is anticipated to grow at
a CAGR of 6.3 through the forecast period. The
Epoxy coating is widely used resin in the
anti-corrosion coatings market, owing to its
extensive properties such as excellent chemical
resistance, low porosity, anti-sagging, strong
adhesion, durability, and bond strength. Whereas,
silicone resins have properties such as thermal
stability, weathering resistance, maintaining
elasticity at low temperatures, low surface
tension, hydrophobicity, surface activity,
release, and lubricating properties.
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• Anti-Corrosion Coating Market Industry Outlook
•  
• BASF SE
• Hempel A/S
• PPG Industries
• Kansai Paint Co., Ltd.
• Jotun
• Axalta Coating Systems
• AkzoNobel N.V.
• The Sherwin-Williams Company
• RPM International Inc.
• Nippon Paint Holdings Co., Ltd.

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Anti-Corrosion Coating Market- Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Anti-corrosi
on-Coating-Market-Research-500372
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id500372

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Reddy Contact (1) 970-236-3677 Email
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