Medtronic Plc (MDT) - Product Pipeline Analysis, 2023 Update

South America Protective Coating Market Summary, Competitive Analysis and Forecast to 2027

Summary

Protective Coating in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Protective coating is the coating of a material applied to the surface of another material with the goal of resisting or preventing corrosion. Protective coating may be metallic or non-metallic. Polymers, epoxies, and polyurethanes are often used in non-metallic protective coatings.
• The South American protective coatings market had total revenues of $511.9 million in 2022, representing a compound annual growth rate (CAGR) of 2.4% between 2017 and 2022.
• The oil & gas segment accounted for the market's largest proportion in 2022, with total revenues of $122.6 million, equivalent to 23.9% of the market's overall value.
• The protective coatings are used in civil buildings and infrastructure development for flooring, interior and exterior walls, and bridges. The market is witnessing increasing demand owing to the rise in construction activities in the region. According to in-house research, the South American construction industry grew by 16.1% in 2022 to reach a value of $290.6 billion.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the protective coating market in South America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the protective coating market in South America
• Leading company profiles reveal details of key protective coating market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South America protective coating market with five year forecasts

Reasons to Buy

• What was the size of the South America protective coating market by value in 2022?
• What will be the size of the South America protective coating market in 2027?
• What factors are affecting the strength of competition in the South America protective coating market?
• How has the market performed over the last five years?
• What are the main segments that make up South America's protective coating market?