Global Anticorrosion Coatings Market 2022-2028
Anticorrosion coatings protect metal components against degradation due to moisture, salt spray, oxidation, or exposure to a variety of environmental or industrial chemicals in a range of industries. The global anticorrosion coatings market market is projected to rise by USD 8 million by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 4.4 percent during the forecast period.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global anticorrosion coatings market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the anticorrosion coatings industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product type, technology, application, and region. The global market for anticorrosion coatings can be segmented by product type: acrylic, alkyd, epoxy, polyurethane, zinc, chlorinated rubber and others. According to the research, the epoxy segment had the largest share in the global anticorrosion coatings market. Anticorrosion coatings market is further segmented by technology: solvent-borne, powder coatings, water-borne, others. In 2021, the solvent-borne segment made up the largest share of revenue generated by the anticorrosion coatings market. Based on application, the anticorrosion coatings market is segmented into: automotive & transportation, construction, energy, industrial, oil & gas, others. Among these, the construction segment was accounted for the highest revenue generator in 2021. On the basis of region, the anticorrosion coatings market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific captured the largest share of the market in 2021.
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