Global Wind Power Coating Market Growth 2023-2029
The erosion and corrosion of wind towers and blades is not a surprise given the variety of and often harsh environmental conditions encountered at sea and on land. If not protected, this erosion and corrosion will reduce the structure’s strength, reliability, life span and, ultimately, its economic value. So coating plays an important role in protecting blades, tower and other components from environment.
LPI (LP Information)' newest research report, the “Wind Power Coating Industry Forecast” looks at past sales and reviews total world Wind Power Coating sales in 2022, providing a comprehensive analysis by region and market sector of projected Wind Power Coating sales for 2023 through 2029. With Wind Power Coating sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Power Coating industry.
This Insight Report provides a comprehensive analysis of the global Wind Power Coating 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 Wind Power Coating portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wind Power Coating market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Power Coating 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 Wind Power Coating.
The global Wind Power Coating market size is projected to grow from US$ 365.2 million in 2022 to US$ 482 million in 2029; it is expected to grow at a CAGR of 482 from 2023 to 2029.
Global core wind power paint manufacturers include Hempel, AkzoNobel and PPG etc. The top 3 companies hold a share about 61%. Asia is the largest sales market, with a sales market share in value about 55%, followed by Europe with the share about 21%.
In terms of product, polyurethane coating is the largest segment with a sales market share in value about 57%. And in terms of application, the largest application is onshore towers with a sales market share in value about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Wind Power Coating market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Polyurethane Coating
Epoxy Intermediate Paint
Zinc-Rich Primer
Others
Segmentation by application
Onshore Towers
Onshore Blades
Onshore Others
Offshore Towers
Offshore Blades
Offshore Foundations
Offshore Others
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.
Hempel
AkzoNobel
PPG
Jotun
Mankiewicz
Bergolin
Duromar
Teknos
3M
MEGA P&C
Dowill
Yongxin
Feilu
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wind Power Coating market?
What factors are driving Wind Power Coating market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wind Power Coating market opportunities vary by end market size?
How does Wind Power Coating 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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