Global Pipe Coating Market 2024-2028
The pipe coating market is forecasted to grow by USD 2.22 bn during 2023-2028, accelerating at a CAGR of 5.09% during the forecast period. The report on the pipe coating market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation of mobile coating technologies, growing demand for pipe coating from developing economies, and shale gas boom in North America.
Technavio's pipe coating market is segmented as below:
By Type
- Thermoplastic coatings
- Metal coatings
- Fusion-bonded epoxy coatings
- Concrete weight coatings
- Others
By Application
- Oil and gas
- Industrial and chemical processing
- Municipal water supply
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increasing popularity of water-based pipe coating as one of the prime reasons driving the pipe coating market growth during the next few years. Also, biorefineries for transportation of biofuels and increasing consumption of natural gas will lead to sizable demand in the market.
The report on the pipe coating market covers the following areas:
- Pipe coating market sizing
- Pipe coating market forecast
- Pipe coating market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pipe coating market vendors that include 3M Co., Aegion Corp, Akzo Nobel NV, Arabian Pipe Coating Co., Arkema Group, Axalta Coating Systems Ltd., BASF SE, Celanese Corp., Covestro AG, Dow Chemical Co., Hempel AS, Jotun AS, LyondellBasell Industries N.V., PPG Industries Inc., Tenaris SA, The Sherwin Williams Co., A.W. Chesterton Co., Perma Pipe International Holdings Inc., Wasco Berhad, and LB Foster Co.. Also, the pipe coating market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.