Argentina Anti-Corrosion Coating Market Overview, 2029

Argentina Anti-Corrosion Coating Market Overview, 2029

Argentina's anti-corrosion coating market has a long history and has expanded greatly over time, owing to the country's massive infrastructure, strong industrial sectors, and different climate conditions that make assets very sensitive to corrosion. The market dates back to the mid-twentieth century, when basic protective coatings were developed for industries such as oil and gas, mining, and manufacturing. The necessity to safeguard infrastructure and industrial equipment from Argentina's diverse climate, which encompasses humid subtropical regions, dry areas, and coastal environments, has increased the demand for effective anti-corrosion solutions. The market has grown significantly since the introduction of sophisticated coatings like as epoxies, polyurethanes, and zinc-rich primers. The implementation of environmental rules by organisations such as the Secretariat of Environment and Sustainable Development (SAyDS) and the National Institute of Industrial Technology (INTI) has further changed the industry, encouraging the development of eco-friendly and low-VOC coatings. Environmental and worker safety legislation and regulations have a significant impact on Argentina's anti-corrosion coating market. The Hazardous Waste Law and the Law on Integral Management of Industrial and Service Waste are two key legislation that govern the use and disposal of hazardous substances. Also, industry standards established by organisations such as the Argentine Institute of Standardisation and Certification (IRAM) and the National Association of Corrosion Engineers (NACE) influence the development process. In recent years, the industry has also experienced a trend of consolidation, with leading firms pursuing mergers and acquisitions to increase their market share and product offerings. Also, rising demand for environmentally friendly coatings is influencing the market's future. Recent market developments include increased investment in infrastructure projects, which has boosted demand for anti-corrosion coatings. The Vaca Muerta shale formation has expanded significantly, increasing need for protective coatings in the oil and gas sector. However, the market has faced hurdles, including economic swings and the COVID-19 pandemic, which temporarily reduced industrial activity and affected supply lines.

According to the research report, ""Argentina Anti-Corrosion Coating Market Outlook, 2029,"" published by Bonafide Research, Argentina anti-corrosion coating market is anticipated to add to more than USD 90 Million by 2024–29. The market is critical for safeguarding and maintaining infrastructure, industrial equipment, and other assets, which lowers maintenance costs and improves safety. The market has grown steadily, propelled by increased industrial activity, infrastructure expansion, and rising demand for high-performance and environmentally friendly coatings. This expansion is fuelled by government initiatives to invest in infrastructure construction and maintenance, as well as severe rules requiring the use of sophisticated coatings. Also, the expansion of the Vaca Muerta shale formation has created new potential for the anti-corrosion coating market in the oil and gas industry. Several main trends are influencing the market. First, increasing environmental restrictions are driving an increase in demand for environmentally friendly coatings with low or zero VOC emissions. Second, technological breakthroughs are enabling the development of smart coatings with self-healing qualities and real-time corrosion monitoring capabilities. Third, the market is shifting towards water-based and powder coatings because of their environmental friendliness and ease of application. Finally, the increased use of nanotechnology in coatings improves their longevity and function. AkzoNobel's International Paint series is commonly used in marine and protective coatings, whilst Sherwin-Williams' Environlastic coatings are popular in the water and wastewater industries. The National Institute of Industrial Technology (INTI) has worked with a variety of organisations to develop coating technologies for industrial uses. Similarly, the University of Buenos Aires collaborated with industry leaders to create better coatings for severe settings. Coating manufacturers collaborate closely with their customers to understand their individual requirements and offer tailored solutions. This not only helps to secure long-term contracts, but it also increases client happiness and loyalty. In recent years, there has been a trend of consolidation, with important businesses merging and acquiring to increase their market share and product ranges. This increases competitiveness and fuels market expansion.

Brazil's anti-corrosion coating market serves a varied range of sectors, each with its own set of requirements and constraints. Coatings are employed in the construction and infrastructure industries to protect buildings, bridges, and other structures against environmental corrosion, with a special emphasis on withstanding Brazil's diverse climate conditions, such as high humidity and saltwater exposure in coastal locations. The oil and gas sector uses coatings to protect pipelines, storage tanks, and offshore platforms against harsh operating conditions such as high temperatures, pressures, and corrosive chemicals. Industrial coatings are used to protect equipment from corrosive substances and abrasive pressures in a variety of settings, including manufacturing plants and chemical processing facilities. Coatings protect ships and offshore constructions against seawater corrosion and fouling, and Brazil's long coastline and tropical environment add to the challenges. Coatings are used in the energy and power industries to prevent environmental degradation of transmission towers, wind turbines and hydroelectric facilities. Finally, the automotive industry uses coatings on vehicle components to prevent rust and extend their life, with an increasing demand for coatings that can survive extreme climatic conditions and chemicals. The oil and gas segment leads the market because to its enormous pipeline network, large number of storage facilities, and harsh operating environments that require powerful anti-corrosion solutions. This sector's demand for advanced coatings is driven by the maintenance and rehabilitation of ageing infrastructure. The expansion of the offshore oil and gas industry, notably in the pre-salt layer, has increased the demand for protective coatings in this sector. Domestic competitors such as Tintas Coral and Suvinil provide a diverse range of anti-corrosion coatings adapted to certain industries, with a significant emphasis on research and development to remain competitive. Startups such as Nanox and Oxifree are making headway with novel solutions. Nanox offers innovative nanocoatings with high corrosion resistance and self-cleaning qualities, whilst Oxifree delivers protective coatings that can be used in any environment, including underwater. There is a growing demand for smart coatings that can detect and respond to corrosion in real time. CorrosionRADAR, a Brazilian startup, offers real-time corrosion monitoring systems that can be connected with coatings to identify corrosion early on.

Brazil's anti-corrosion coating market includes a wide range of coatings, each with distinct features and uses tailored to the country's different industrial sectors and climate circumstances. Epoxy coatings are well-known for their high adhesion, chemical resistance, and durability, making them perfect for use in severe industrial environments, marine applications, and concrete surfaces. Acrylic coatings have good colour retention and UV resistance, making them ideal for external applications that require both aesthetics and weather resilience. Alkyd coatings are widely utilised in architectural and industrial maintenance because to their versatility and low cost. Polyurethane coatings are well-known for their excellent gloss retention, abrasion resistance, and toughness, making them popular in high-performance applications such as aircraft, marine, and industrial buildings. Zinc-rich coatings offer better corrosion protection for steel buildings by acting as a sacrificial anode, preventing rust formation. Epoxy coatings dominate the market due to their superior protective characteristics and wide range of applications. Their resistance to severe chemicals, high temperatures, and abrasive forces makes them useful in areas like as oil and gas, maritime, and industrial manufacturing. Also, epoxy coatings are frequently employed as primers and intermediate coats in multi-coat systems, which increases their demand. AkzoNobel's Interpon Epoxy Powder Coatings are well-known for their durability and chemical resistance. PPG's Amercoat range contains epoxy, polyurethane, and zinc-rich coatings designed for a variety of industries. Meanwhile, businesses such as Nanox and Oxifree are driving innovation in the epoxy coatings market. Nanox offers epoxy coatings with nanotechnology for excellent barrier capabilities, whilst Oxifree delivers protective coatings that can be used in any environment, including underwater.

Argentina's anti-corrosion coating market is divided into three categories: solvent-based, water-based, and powder coatings, each with unique benefits and applications. Solvent-based coatings provide superior adhesion, durability, and resilience to severe chemicals and conditions, making them ideal for heavy-duty industrial, marine, and infrastructure applications. Water-based coatings are gaining popularity because to their eco-friendliness and compliance with Argentina's severe environmental standards. They are increasingly being employed in architectural, industrial maintenance, and ecologically sensitive applications. Powder coatings are well-known for their durability, cost-effectiveness, and low environmental impact, as they contain no solvents and generate little waste, making them perfect for automotive, architectural, and general industrial applications. Water-based coatings are currently leading the market due to increased demand for environmentally friendly and sustainable solutions. The establishment of environmental rules by organisations such as the Secretariat of Environment and Sustainable Development (SAyDS) has accelerated the use of water-based coatings. Domestic players such as Alba and Sinteplast provide a variety of solvent-based, water-based, and powder coatings designed for certain industries.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Anti-Corrosion Coating market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By End Users
• Construction and Infrastructure
• Oil and Gas
• Industrial
• Marine
• Energy and Power
• Automotive
• Others (Including Aerospace, Defense, etc.)

By Type
• Epoxy
• Acrylic
• Alkyd
• Polyurethane
• Zinc
• Others (Including Fluoropolymer, Ceramic, etc.)

By Technology
• Solvent-based
• Water-based
• Powder coatings
• Others (UV-cured, etc.)

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Anti-Corrosion Coating industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.