Global Anti-Corrosion Coatings for Petrifaction Market Growth 2023-2029
The petroleum and petrochemical industry belongs to the field of high fire risk and high corrosion. Most of the equipment and facilities used in the industry are steel base materials, and the coatings used in the petrochemical industry are mainly heavy anticorrosive coatings.
This report focuses on the various coatings used in metal facilities in petrochemical plants, such as petrochemical storage tanks, petrochemical pipelines, reaction units, etc.
LPI (LP Information)' newest research report, the “Anti-Corrosion Coatings for Petrifaction Industry Forecast” looks at past sales and reviews total world Anti-Corrosion Coatings for Petrifaction sales in 2022, providing a comprehensive analysis by region and market sector of projected Anti-Corrosion Coatings for Petrifaction sales for 2023 through 2029. With Anti-Corrosion Coatings for Petrifaction sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anti-Corrosion Coatings for Petrifaction industry.
This Insight Report provides a comprehensive analysis of the global Anti-Corrosion Coatings for Petrifaction landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anti-Corrosion Coatings for Petrifaction portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Anti-Corrosion Coatings for Petrifaction market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anti-Corrosion Coatings for Petrifaction and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anti-Corrosion Coatings for Petrifaction.
The global Anti-Corrosion Coatings for Petrifaction market size is projected to grow from US$ 2280 million in 2022 to US$ 3248.4 million in 2029; it is expected to grow at a CAGR of 3248.4 from 2023 to 2029.
Globally speaking, in 2019, the coating market of the global petrochemical industry is mainly led by China, which is the world's largest producer and consumer of coating in the petrochemical industry, and also the country with the largest increment of coating demand in the petrochemical industry. This trend will remain unchanged in the future.
At present, the international famous brand akzo Nobel (AkzoNobel), Shanghai (Hempel), besmear in the old man (CMP), PPG Industries, such as Jordan (Jotun) with its technology, brand, management advantages, in the domestic set up production base in China, Nippon Paint (Nippon Paint), sherwin-williams (Sherwin - Williams), PPG, etc in China have set up their own factories and laboratories, has formed a heavy-duty coating to China high-end market monopoly of foreign enterprises.
China's local petrochemical industry paint manufacturers mainly include Hunan Xiangjiang paint, Zhejiang Yutong, Zhejiang Bridge Paint, Yongji paint and Jiangsu Changjiang paint, etc., except for several important leading enterprises, domestic manufacturers generally have small production capacity and fierce market competition.
North America is the second largest producer of coatings for the petrochemical industry, accounting for 21.39% of world production in 2019.
Major foreign manufacturers have akzo Nobel, PPG, Shanghai old man, sherwin-williams, jotun, RPM, tu, Nippon paint, YiShi etc., in which akzo Nobel, PPG, Shanghai old man jotun, sherwin-williams and TOP five manufacturers, is the world's petrochemical industry coating market in the global petrochemical industry coating market, occupy the TOP 5, 2019 output value of about 51.37% of the market.
Currently, Akzonobel is the global market leader, accounting for approximately 16% of the global market value in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Anti-Corrosion Coatings for Petrifaction market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solvent Based Coatings
Water-Based Paint
Powder Coating
Segmentation by application
Storage Tank
Petrochemical Pipeline
The Reaction
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AkzoNobel.Co
PPG
Hempel A/S
Sherwin-Williams Company
Jotun
RPM
CHUGOKU MARINE PAINTS, LTD
Nippon Paint Holdings Co.Ltd
Axalta.Co
China Shipbuilding Heavy Industry Shuangrui Technology Holding Co., Ltd.
Kansai Paint Co.,Ltd.
Xiangjiang Paint Group
Zhejiang Yutong New Materials Co., Ltd.
Zhejiang Bridge Painting Co. LTD
YUNG CHI PAINT & VARNISH MFG. CO.,LTD
Jiangsu Changjiang Paint Company Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Anti-Corrosion Coatings for Petrifaction market?
What factors are driving Anti-Corrosion Coatings for Petrifaction market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Anti-Corrosion Coatings for Petrifaction market opportunities vary by end market size?
How does Anti-Corrosion Coatings for Petrifaction break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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