Anti-Rust Coating Market Trends 2022-2030
Anti-Rust Coatings prevent oxidization or rusting of materials substances and thus protect them against degradation that occurs due to humidity, moisture, oxidation and salt spray, etc. Hence, they are applied to a variety of equipment machinery expected to perform in demanding environments such the industrial chemicals exposure, marine, etc. Consequently, these coatings perceive a huge demand from the sectors such as Building Construction, Power Generation, OG, and most importantly from Automotive, wherein machines are constantly confronted to the conditions that prompt the risk of Rusting.
Anti-Rust Coating Market – Competitive Analysis
Fervent key players, including, PPG Industries, Inc. (US), Akzo Nobel N.V. (Netherlands), Axalta Coating Systems Ltd. (US), The Sherwin-Williams Company (US), BASF SE (Germany), Ashland Inc. (US), Hempel A/S (Denmark), Kansai Paint Co., Ltd. (Japan), Jotun (Norway), Nippon Paints Co. Ltd (Japan), DowDupont (US), RPM International Inc. (US), Chugoku Marine Paints Ltd. (Japan), Bluechem (Africa), and Clariant (Switzerland) are leading the Anti-Rust Coating market. Profiling them in its analysis MRFR finds out the strategies keeping them at the forefront of the market competition.
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Growing population urbanization worldwide, is presaging the need for energy, construction, and infrastructure more than ever. At the same time, growing industrialization is prompting the demand for energy while growing businesses are defining the growth of Aerospace sector. Energy, construction, aerospace marine automotive industries are burgeoning currently, demanding consuming a significant amount of Anti-Rust Coating. And, hence its market is ever increasing. The augmented demand consumption in various industries is expected to further convert the market into a vastly expanded space in the years to come.
Acknowledging the spurting growth, the market is perceiving currently the potential the market holds to grow globally, the leading research firm ‘Market Research Future’ (MRFR) has recently published a study report mapping companies active in the industry. In its market analysis, MRFR asserts that the global Anti-Corrosion Market will garner USD ~ 33.27 billion by 2023 with CAGR of ~5.3% during 2016 to 2023.
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With the presence of numerous matured small key players accounting for a substantial market share, this market appears to be fiercely competitive fragmented. The market players try to gain competitive advantage through strategic partnership, acquisition, expansion, collaboration, product technology launch.
Developing customized coating solution is the latest trend observed in the market during the analysis. Resultantly, this trend is expected to drive the market competition intensely. Manufacturers having the ability to manufacture tailor-made coatings are expected to gain a competitive edge over their rivals.
Additional factors such as growing investments to develop advanced and bio-based coatings are fostering the market growth. Improving economic conditions across the globe are providing impetus to the market growth, enabling access to the quality life through the enhanced purchasing power of consumers. Seminal efforts investments, made by the market players, are paying off well, driving the market growth.
Conversely, stringent regulations imposed by the governments on the restricted use of materials emitting VOC coupled with the price volatility of the raw materials, are inhibiting the market growth.
Anti-Rust Coating Market – Segmentation
The Anti-Rust Coating Market Trends is segmented into 4 key dynamics for the convenience of the report and enhanced understanding;
By Types : Comprises Polyurethane, Epoxy, Acrylic, and Alkyd among others (zinc, chlorination, etc.)
By Technologies : Waterborne, Solvent-Based, Powder Coating, and UV Cured.
By End-User Industries : Marine, Power Generation, Infrastructure, Oil Gas, Transportation, Aerospace Defence, among others
By Regions : North America, Europe, APAC and Rest of the World.
Anti-Rust Coating Market – Regional Analysis
Growing infrastructure development projects coupled with the ever-increasing population drive the regional market growth. China, backed by the burgeoning building construction sectors is the largest consumer of the product followed by India, Thailand, Japan, and Vietnam, among others. Also, growing the considerable product demand in shipbuilding, marine, and automotive, spaces, foster the growth of the APAC market.
North America region stands the second largest market for Anti-Rust Coating owing to the enormous contribution from the US market, fuelled by the broad application areas in the automotive industries.
In Latin America, the market is estimated to witness a remarkable growth owing to the increasing industrial activities primarily in the marine, on offshore drilling machinery used in OG spaces. Presence of a large number of oil deposits in Brazil and Venezuela positively impact the market growth.
The MEA (the Middle East Africa) market is anticipated to perceive a considerable market growth during the assessment period, owing to the presence of abundant oil gas reserves and petrochemical resources.
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The Europe market, on the contrary, is estimated to witness a downturn due to the stringent environmental regulations imposed on the uses of products emitting VOC (volatile organic compounds) on a large scale. Nevertheless, augmenting demand for the product in the industrial, decorative, and others applications is expected to drive the regional market growth up to some extent.
Industry/Innovation/Related News
May 04, 2018 – NW Metal Fabricators, Inc. (US) a premier metal Fabrication Company announced the expansion of its services including magnetically charged powder coating, backed in an oven to provide a glossy, anti-rust coating.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions Limitations
2.3 Markets Structure
3 Market Research Printing Methodology
3.1 Research Technology
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Anti-Rust Coating Market
5 Industry Overview Of Global Anti-Rust Coating Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
- Global Anti-Rust Coating Market By Type
7.1 Introduction
7.2 Epoxy
7.2.1 Market Estimates Forecast, 2020-2027
7.2.2 Market Estimates Forecast By Region, 2020-2027
7.3 Polyurethane
7.3.1 Market Estimates Forecast, 2020-2027
7.3.2 Market Estimates Forecast By Region, 2020-2027
7.4 Acrylic
7.4.1 Market Estimates Forecast, 2020-2027
7.4.2 Market Estimates Forecast By Region, 2020-2027
7.5 Alkyd
7.5.1 Market Estimates Forecast, 2020-2027
7.5.2 Market Estimates Forecast By Region, 2020-2027
7.6 Zinc
7.6.1 Market Estimates Forecast, 2020-2027
7.6.2 Market Estimates Forecast By Region, 2020-2027
7.7 Chlorinated
7.7.1 Market Estimates Forecast, 2020-2027
7.7.2 Market Estimates Forecast By Region, 2020-2027
7.8 Others
7.8.1 Market Estimates Forecast, 2020-2027
7.8.2 Market Estimates Forecast By Region, 2020-2027
- Global Anti-Rust Coating Market By Technology
8.1 Introduction
8.2 Solvent Based
8.2.1 Market Estimates Forecast, 2020-2027
8.2.2 Market Estimates Forecast By Region, 2020-2027
8.3 Water Borne
8.3.1 Market Estimates Forecast, 2020-2027
8.3.2 Market Estimates Forecast By Region, 2020-2027
8.3 Powder Coating
8.3.1 Market Estimates Forecast, 2020-2027
8.3.2 Market Estimates Forecast By Region, 2020-2027
8.4 UV Cured
8.4.1 Market Estimates Forecast, 2020-2027
8.4.2 Market Estimates Forecast By Region, 2020-2027
- Global Anti-Rust Coating Market By End-Use Industries
9.1 Introduction
9.2 Marine
9.2.1 Market Estimates Forecast, 2020-2027
9.2.2 Market Estimates Forecast By Region, 2020-2027
9.3 Oil Gas
9.3.1 Market Estimates Forecast, 2020-2027
9.3.2 Market Estimates Forecast By Region, 2020-2027
9.4 Power Generation
9.4.1 Market Estimates Forecast, 2020-2027
9.4.2 Market Estimates Forecast By Region, 2020-2027
9.5 Transportation
9.5.1 Market Estimates Forecast, 2020-2027
9.5.2 Market Estimates Forecast By Region, 2020-2027
9.6 Infrastructure
9.6.1 Market Estimates Forecast, 2020-2027
9.6.2 Market Estimates Forecast By Region, 2020-2027
9.7 Aerospace Defense
9.7.1 Market Estimates Forecast, 2020-2027
9.7.2 Market Estimates Forecast By Region, 2020-2027
9.8 Others
9.8.1 Market Estimates Forecast, 2020-2027
9.8.2 Market Estimates Forecast By Region, 2020-2027
- Global Anti-Rust Coating Market By Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates Forecast, 2020-2027
10.2.2 Market Estimates Forecast By Type, 2020-2027
10.2.3 Market Estimates Forecast By Technology, 2020-2027
10.2.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.2.5 U.S.
10.2.5.1 Market Estimates Forecast, 2020-2027
10.2.5.2 Market Estimates Forecast By Type, 2020-2027
10.2.5.3 Market Estimates Forecast By Technology, 2020-2027
10.2.5.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.2.6 Canada
10.2.6.1 Market Estimates Forecast, 2017-2023
10.2.6.2 Market Estimates Forecast By Type, 2017-2023
10.2.6.3 Market Estimates Forecast By Technology, 2017-2023
10.2.6.4 Market Estimates Forecast By End-Use Industries, 2017-2023
10.3 Europe
10.3.1 Market Estimates Forecast, 2020-2027
10.3.2 Market Estimates Forecast By Type, 2020-2027
10.3.3 Market Estimates Forecast By Technology, 2020-2027
10.3.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.3.5 Germany
10.3.5.1 Market Estimates Forecast, 2020-2027
10.3.5.2 Market Estimates Forecast By Type, 2020-2027
10.3.5.3 Market Estimates Forecast By Technology, 2020-2027
10.3.5.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.3.6. France
10.3.6.1 Market Estimates Forecast, 2020-2027
10.3.6.2 Market Estimates Forecast By Type, 2020-2027
10.3.6.3 Market Estimates Forecast By Technology, 2020-2027
10.3.6.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.3.7 Italy
10.3.7.1 Market Estimates Forecast, 2017-2023
10.3.7.2 Market Estimates Forecast By Type, 2017-2023
10.3.7.3 Market Estimates Forecast By Technology, 2017-2023
10.3.7.4 Market Estimates Forecast By End-Use Industries, 2017-2023
10.3.8 Spain
10.3.8.1 Market Estimates Forecast, 2020-2027
10.3.8.2 Market Estimates Forecast By Type, 2020-2027
10.3.8.3 Market Estimates Forecast By Technology, 2020-2027
10.3.8.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.3.9 U.K
10.3.9.1 Market Estimates Forecast, 2020-2027
10.3.9.2 Market Estimates Forecast By Type, 2020-2027
10.3.9.3 Market Estimates Forecast By Technology, 2020-2027
10.3.9.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.3.10 Russia
10.3.10.1 Market Estimates Forecast, 2020-2027
10.3.10.2 Market Estimates Forecast By Type, 2020-2027
10.3.10.3 Market Estimates Forecast By Technology, 2020-2027
10.3.10.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.3.11 Poland
10.3.11.1 Market Estimates Forecast, 2020-2027
10.3.11.2 Market Estimates Forecast By Type, 2020-2027
10.3.11.3 Market Estimates Forecast By Technology, 2020-2027
10.3.11.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4 Asia Pacific
10.4.1 Market Estimates Forecast, 2020-2027
10.4.2 Market Estimates Forecast By Type, 2020-2027
10.4.3 Market Estimates Forecast By Technology, 2020-2027
10.4.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4.5 China
10.4.5.1 Market Estimates Forecast, 2020-2027
10.4.5.2 Market Estimates Forecast By Type, 2020-2027
10.4.5.3 Market Estimates Forecast By Technology, 2020-2027
10.4.5.3 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4.6 India
10.4.6.1 Market Estimates Forecast, 2020-2027
10.4.6.2 Market Estimates Forecast By Type, 2020-2027
10.4.6.3 Market Estimates Forecast By Technology, 2020-2027
10.4.6.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4.7 Japan
10.4.7.1 Market Estimates Forecast, 2020-2027
10.4.7.2 Market Estimates Forecast By Type, 2020-2027
10.4.7.3 Market Estimates Forecast By Technology, 2020-2027
10.4.7.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4.8 Australia
10.4.8.1 Market Estimates Forecast, 2020-2027
10.4.8.2 Market Estimates Forecast By Type, 2020-2027
10.4.8.3 Market Estimates Forecast By Technology, 2020-2027
10.4.8.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4.9 New Zealand
10.4.9.1 Market Estimates Forecast, 2020-2027
10.4.9.2 Market Estimates Forecast By Type, 2020-2027
10.4.9.3 Market Estimates Forecast By Technology, 2020-2027
10.4.9.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.4.10 Rest Of Asia Pacific
10.4.10.1 Market Estimates Forecast, 2020-2027
10.4.10.2 Market Estimates Forecast By Type, 2020-2027
10.4.10.3 Market Estimates Forecast By Technology, 2020-2027
10.4.10.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.5 Middle East Africa
10.5.1 Market Estimates Forecast, 2020-2027
10.5.2 Market Estimates Forecast By Type, 2020-2027
10.5.3 Market Estimates Forecast By Technology, 2020-2027
10.5.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.5.5 Turkey
10.5.5.1 Market Estimates Forecast, 2020-2027
10.5.5.2 Market Estimates Forecast By Type, 2020-2027
10.5.5.3 Market Estimates Forecast By Technology, 2020-2027
10.5.5.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.5.6 Israel
10.6.6.1 Market Estimates Forecast, 2020-2027
10.6.6.2 Market Estimates Forecast By Type, 2020-2027
10.6.6.3 Market Estimates Forecast By Technology, 2020-2027
10.6.6.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.5.7 North Africa
10.5.7.1 Market Estimates Forecast, 2020-2027
10.5.7.2 Market Estimates Forecast By Type, 2020-2027
10.5.7.3 Market Estimates Forecast By Technology, 2020-2027
10.5.7.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.5.8 GCC
10.5.8.1 Market Estimates Forecast, 2020-2027
10.5.8.2 Market Estimates Forecast By Type, 2020-2027
10.5.8.3 Market Estimates Forecast By Technology, 2020-2027
10.5.8.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.5.9 Rest Of Middle East Africa
10.5.9.1 Market Estimates Forecast, 2020-2027
10.5.9.2 Market Estimates Forecast By Type, 2020-2027
10.5.9.3 Market Estimates Forecast By Technology, 2020-2027
10.5.9.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.6 Latin America
10.6.1 Market Estimates Forecast, 2020-2027
10.6.2 Market Estimates Forecast By Type, 2020-2027
10.6.3 Market Estimates Forecast By Technology, 2020-2027
10.6.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.6.5 Brazil
10.6.5.1 Market Estimates Forecast, 2020-2027
10.6.5.2 Market Estimates Forecast By Type, 2020-2027
10.6.5.3 Market Estimates Forecast By Technology, 2020-2027
10.6.5.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.6.6 Mexico
10.6.6.1 Market Estimates Forecast, 2020-2027
10.6.6.2 Market Estimates Forecast By Type, 2020-2027
10.6.6.3 Market Estimates Forecast By Technology, 2020-2027
10.6.6.6 Market Estimates Forecast By End-Use Industries, 2020-2027
10.6.7 Argentina
10.6.7.1 Market Estimates Forecast, 2020-2027
10.6.7.2 Market Estimates Forecast By Type, 2020-2027
10.6.7.3 Market Estimates Forecast By Technology, 2020-2027
10.6.7.4 Market Estimates Forecast By End-Use Industries, 2020-2027
10.6.8 Rest Of Latin America
10.6.8.1 Market Estimates Forecast, 2020-2027
10.6.8.2 Market Estimates Forecast By Type, 2020-2027
10.6.8.3 Market Estimates Forecast By Technology, 2020-2027
10.6.8.4 Market Estimates Forecast By End-Use Industries, 2020-2027
- Company Landscape
- Company Profiles
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