Abrasion-Resistant Coating Market Report: Trends, Forecast and Competitive Analysis to 2030

Abrasion-Resistant Coating Market Report: Trends, Forecast and Competitive Analysis to 2030

Abrasion-Resistant Coating Trends and Forecast

The future of the global abrasion-resistant coating market looks promising with opportunities in the oil & gas, marine, power generation, transportation, mining, and construction markets. The global abrasion-resistant coating market is expected to reach an estimated $11.8 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing need for this coatings at high temperatures, increasing demand for fluoropolymer abrasion resistant coatings, and rising activities in shipbuilding and pipeline industries.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Abrasion-Resistant Coating by Segment

The study includes a forecast for the global abrasion-resistant coating by type, end use, and region.

Abrasion-Resistant Coating Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Metal/Ceramic Coatings
• Polymer

Abrasion-Resistant Coating Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Oil & Gas
• Marine
• Power Generation
• Transportation
• Mining
• Construction
• Others

Abrasion-Resistant Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Abrasion-Resistant Coating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies abrasion-resistant coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the abrasion-resistant coating companies profiled in this report include-

• AkzoNobel
• Saint-Gobain
• Jotun
• The Sherwin-Williams
• Hempel
• Praxair Surface Technologies
• Sika

Abrasion-Resistant Coating Market Insights

Lucintel forecasts that metal/ceramic coating will remain the largest segment over the forecast period.

Within this market, power generation is expected to witness the highest growth over the forecast period.

Europe will remain the largest region over the forecast period.

Features of the Global Abrasion-Resistant Coating Market

Market Size Estimates: Abrasion-resistant coating market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Abrasion-resistant coating market size by type, end use, and region in terms of value ($B).

Regional Analysis: Abrasion-resistant coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the abrasion-resistant coating market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the abrasion-resistant coating market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the abrasion-resistant coating market size?

Answer: The global abrasion-resistant coating market is expected to reach an estimated $11.8 billion by 2030.

Q2. What is the growth forecast for abrasion-resistant coating market?

Answer: The global abrasion-resistant coating market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the abrasion-resistant coating market?

Answer: The major drivers for this market are growing need for this coatings at high temperatures, increasing demand for fluoropolymer abrasion resistant coatings, and rising activities in shipbuilding and pipeline industries.

Q4. What are the major segments for abrasion-resistant coating market?

Answer: The future of the abrasion-resistant coating market looks promising with opportunities in the oil & gas, marine, power generation, transportation, mining, and construction markets.

Q5. Who are the key abrasion-resistant coating market companies?

Answer: Some of the key abrasion-resistant coating companies are as follows:

• AkzoNobel
• Saint-Gobain
• Jotun
• The Sherwin-Williams
• Hempel
• Praxair Surface Technologies
• Sika

Q6. Which abrasion-resistant coating market segment will be the largest in future?

Answer: Lucintel forecasts that metal/ceramic coating will remain the largest segment over the forecast period.

Q7. In abrasion-resistant coating market, which region is expected to be the largest in next 5 years?

Answer: Europe will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the abrasion-resistant coating market by type (metal/ceramic coatings and polymer), end use (oil & gas, marine, power generation, transportation, mining, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?Please note: It will take 2-3 business days to deliver the report upon receipt the order.