Anti-corrosion Coating Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030
The report on the global anti-corrosion coating market provides qualitative and quantitative analysis for the period from 2021-2030. The global anti-corrosion coating market was valued at USD 30.06 billion in 2022 and is expected to reach USD 46.20 billion in 2030, with a CAGR of 5.52% during the forecast period of 2023-2030. Factors such as rapid industrialization, urbanization, and infrastructure development are driving the demand for anti-corrosion coatings across various sectors. As a result, the market is expected to expand significantly, presenting lucrative opportunities for industry players. The study on anti-corrosion coating market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The report on anti-corrosion coating market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global anti-corrosion coating market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global anti-corrosion coating market over the period of 2021-2030. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
Rapidly growing demand for anti-corrosion coating from various industries is driving the growth of the market.
Increasing repair and maintenance activities are expected to stimulate the growth of the market.
2) Restraints
The stringent environmental regulations can hamper the growth of the market.
3) Opportunities
Increasing the consumption of anti-corrosion coating in the steel and construction industries will provide growth opportunities to the market.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global anti-corrosion coating market is segmented on the basis of product type, application, and end user.
The Global Anti-corrosion Coating Market by Product Type
Acrylic Coatings
Epoxy
Polyurethane
Inorganic Resins
Silicone
Alkyd Coatings
Others
The Global Anti-corrosion Coating Market by Application
New Building
Refurbishments
On Board Maintenance (OBM)
Titanium
Others
The Global Anti-corrosion Coating Market by End User
Marine
Automotive
Construction
Energy
Industrial
Oil & Gas
Others
Company Profiles
The companies covered in the report include
3M
Akzo Nobel N.V.
BASF SE
Dow Inc.
NIPPON PAINT (M) SDN. BHD.
Kansai Paint Co.,Ltd.
The Sherwin-Williams Company
PPG Industries, Inc.
Wacker Chemie AG
Sika AG
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the anti-corrosion coating market.
2. Complete coverage of all the segments in the anti-corrosion coating market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global anti-corrosion coating market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.