Global Anti-Corrosion Coatings for Thermal Power Market Growth 2023-2029

Global Anti-Corrosion Coatings for Thermal Power Market Growth 2023-2029

Anticorrosive coating refers to a kind of liquid or solid material coated on the surface of an object that can form a film under certain conditions to protect, decorate or have other special functions (insulation, rust prevention, mildew prevention, heat resistance, etc.).
LPI (LP Information)' newest research report, the “Anti-Corrosion Coatings for Thermal Power Industry Forecast” looks at past sales and reviews total world Anti-Corrosion Coatings for Thermal Power sales in 2022, providing a comprehensive analysis by region and market sector of projected Anti-Corrosion Coatings for Thermal Power sales for 2023 through 2029. With Anti-Corrosion Coatings for Thermal Power 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 Thermal Power industry.
This Insight Report provides a comprehensive analysis of the global Anti-Corrosion Coatings for Thermal Power 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 Thermal Power 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 Thermal Power market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anti-Corrosion Coatings for Thermal Power 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 Thermal Power.
The global Anti-Corrosion Coatings for Thermal Power market size is projected to grow from US$ 844.5 million in 2022 to US$ 734.7 million in 2029; it is expected to grow at a CAGR of 734.7 from 2023 to 2029.
Among many applications, coal-fired power generation has the largest market share.
In 2019, consumption of coal-fired power generation reached 84 percent.
The industry producers are mainly PPG, Akzo Nobel, Haihong Senior, Jotun paint, Kansai paint, Xuanwei and so on.
Akzonobel is the world's largest producer, with an annual output of nearly 20,000 tons in 2019, accounting for 12% of global output.
There are three main types of anti-corrosion coatings in the thermal power industry: solvent-based, water-based and powder coatings, among which solvent-based is the most important product type. In 2019, the output of this type will exceed 100,000 tons, accounting for 66% of the global total.
Next is water-based coating, this kind of coating is a kind of environmental protection coating, as the enhancement of environmental protection consciousness, its growth rate will exceed solvent-based coating in the future.
As the main market of thermal power is China, the major consumer of anti-corrosion coatings in thermal power industry is China (mainland), whose consumption reaches 134,000 tons in 2019, accounting for 86% of the total global consumption.
Followed by the US, with less than 5 per cent of consumption.
This report presents a comprehensive overview, market shares, and growth opportunities of Anti-Corrosion Coatings for Thermal Power market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solvent Base
Water-Based
Powder
Segmentation by application
Coal-fired Power Generation
Gas Power Generation
Fuel Power Generation
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.
PPG
AkzoNobel.Co
Hempel A/S
Jotun
Kansai Paint Co.,Ltd.
Nippon Paint Holdings Co.Ltd
RPM International
Sherwin-Williams Company
Taicang Kailin Paint Co.Ltd
Jiangsu Lanling Chemical Co
YUNG CHI PAINT & VARNISH MFG. CO.,LTD
Wuhan twin tigers Coating Co., Ltd.
Anhui Linghu lacquer Co. LTD

Key Questions Addressed in this Report
What is the 10-year outlook for the global Anti-Corrosion Coatings for Thermal Power market?
What factors are driving Anti-Corrosion Coatings for Thermal Power market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Anti-Corrosion Coatings for Thermal Power market opportunities vary by end market size?
How does Anti-Corrosion Coatings for Thermal Power 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.