Global Anticorrosion Coating Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date February 2017
  • price $3619
 
 

Anticorrosion Coating Market Overview

Global Anticorrosion Coating Market is expected to grow at a CAGR of 5.4% from 2017 to 2025. Corrosion leads to spontaneous reaction between a material and its environment, which results in the deterioration of mechanical properties of the material. Anticorrosion coating prevents materials, such as composite, alloys, metals, polymers, and ceramics against deterioration due to oxidation, moisture, salt spray, industrial chemicals, or exposure to a variety of environmental conditions. The coating improves the lifespan and performance of materials and results in more efficient metal compounds, efficient industrial operations, cost reduction, preservation of scarce material resources, and reduction in pollutant emissions. Other desirable characteristics of anticorrosion coatings, include light weight, abrasion resistance, and gloss retention. The mechanism of anticorrosion coating involves barrier creation between the substrate material and the environment, inhibition of corrosion processes, and behavior of coating as a sacrificial material. 

The Global Anticorrosion Coating Market is segmented based on type, technology, end-user industry, and geography. By type, the market is segmented as epoxy, polyurethane, acrylic, alkyd, zinc, chlorinated rubber, and other (silicates, fluorocarbons, co-polymers, graphene, ceramic, and glass flakes) anticorrosion coatings. By technology, the market is categorized into solvent borne anticorrosion coating, waterborne anticorrosion coating, powder anticorrosion coating, and others. On the basis of the end-user industry, the market is bifurcated into marine, oil & gas, industrial, construction, energy, automotive, and others. The energy end-user industry is further divided into power plants, solar energy, and wind turbines. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted into the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Performance benefits and advantages offered by anticorrosion coatings are expected to increase the demand for anticorrosion coatings.
  • Increase in investment across various end-user industries, majorly across the emerging economies, such as India, China, and Brazil is expected to drive the market for anticorrosion coating.
  • Increase in awareness regarding eco-friendly products is expected to increase the demand for the anticorrosion coating market.

Restraints:

  • Stringent rules and regulations from governing agencies have hampered the growth of the anticorrosion coatings market.
  • Limitations of epoxy anticorrosion coating have led to a decrease in the consumption of anticorrosion coatings in the end-user industry.

Market Players:

The top players in the global anticorrosion coatings market include 3M Co., AkzoNobel NV, BASF SE, Hempel A/S, KANSAI PAINT CO., LTD., NIPPONPAINT Co., Ltd., PPG Industries, Inc., The Sherwin-Williams Company, The Dow Chemical Company, and Wacker Chemie AG.

KEY TAKEAWAYS
Global Anticorrosion Coating Market

MARKET LANDSCAPE

By Type

  • Epoxy Anticorrosion Coating
  • Polyurethane Anticorrosion Coating
  • Acrylic Anticorrosion Coating
  • Alkyd Anticorrosion Coating
  • Zinc Anticorrosion Coating
  • Chlorinated Rubber Anticorrosion Coating
  • Others (Silicates, Fluorocarbons, Co-polymers, Graphene, Ceramic, and Glass Flakes)

By Technology

  • Solventborne Anticorrosion Coating
  • Waterborne Anticorrosion Coating
  • Powder Anticorrosion Coating
  • Others

By End-user Industry

  • Marine
  • Oil & Gas
  • Industrial
  • Construction
  • Energy
    • Power Plants
    • Solar Energy
    • Wind Turbines
  • Automotive
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • South Korea
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Africa
    • Turkey
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Anti-Corrosion Coatings Market Share Analysis, 2014-2025
3.4.1. Global anti-corrosion coatings market share by type, 2014-2025
3.4.2. Global anti-corrosion coatings market share by technology, 2014-2025
3.4.3. Global anti-corrosion coatings market share by end-user industry, 2014-2025
3.4.4. Global anti-corrosion coatings market share by geography, 2014-2025
4. Market By Type
4.1. Epoxy Anticorrosion Coating
4.1.1. Historical Market Size by Region,2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Polyurethane Anticorrosion Coating
4.2.1. Historical Market Size by Region,2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. Acrylic Anticorrosion Coating
4.3.1. Historical Market Size by Region,2014-2016
4.3.2. Market Forecast by Region, 2017-2025
4.4. Alkyd Anticorrosion Coating
4.4.1. Historical Market Size by Region,2014-2016
4.4.2. Market Forecast by Region, 2017-2025
4.5. Zinc Anticorrosion Coating
4.5.1. Historical Market Size by Region,2014-2016
4.5.2. Market Forecast by Region, 2017-2025
4.6. Chlorinated Anticorrosion Coating
4.6.1. Historical Market Size by Region,2014-2016
4.6.2. Market Forecast by Region, 2017-2025
4.7. Others (Silicates, Fluorocarbons, Co-polymers, Graphene, Ceramic, and Glass Flakes)
4.7.1. Historical Market Size by Region,2014-2016
4.7.2. Market Forecast by Region, 2017-2025
5. Market By Technology
5.1. Solventborne Anticorrosion Coating
5.1.1. Historical Market Size by Region,2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Waterborne Anticorrosion Coating
5.2.1. Historical Market Size by Region,2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. Powder Anticorrosion Coating
5.3.1. Historical Market Size by Region,2014-2016
5.3.2. Market Forecast by Region, 2017-2025
5.4. Others
5.4.1. Historical Market Size by Region,2014-2016
5.4.2. Market Forecast by Region, 2017-2025
6. Market by End-User Industry
6.1. Marine
6.1.1. Historical Market Size by Region,2014-2016
6.1.2. Market Forecast by Region, 2017-2025
6.2. Oil & Gas
6.2.1. Historical Market Size by Region,2014-2016
6.2.2. Market Forecast by Region, 2017-2025
6.3. Industrial
6.3.1. Historical Market Size by Region,2014-2016
6.3.2. Market Forecast by Region, 2017-2025
6.4. Construction
6.4.1. Historical Market Size by Region,2014-2016
6.4.2. Market Forecast by Region, 2017-2025
6.5. Energy
6.5.1. Historical Market Size by Region,2014-2016
6.5.2. Market Forecast by Region, 2017-2025
6.5.3. Power Plants
6.5.4. Solar Energy
6.5.5. Wind Turbines
6.6. Automotive
6.6.1. Historical Market Size by Region,2014-2016
6.6.2. Market Forecast by Region, 2017-2025
6.7. Others
6.7.1. Historical Market Size by Region,2014-2016
6.7.2. Market Forecast by Region, 2017-2025
7. Market By Geography
7.1. North America
7.1.1. U.S.
7.1.1.1. Historical Market Size, 2014-2016
7.1.1.2. Market Forecast, 2017-2025
7.1.2. Canada
7.1.2.1. Historical Market Size, 2014-2016
7.1.2.2. Market Forecast, 2017-2025
7.1.3. Mexico
7.1.3.1. Historical Market Size, 2014-2016
7.1.3.2. Market Forecast, 2017-2025
7.2. Europe
7.2.1. UK
7.2.1.1. Historical Market Size, 2014-2016
7.2.1.2. Market Forecast, 2017-2025
7.2.2. Germany
7.2.2.1. Historical Market Size, 2014-2016
7.2.2.2. Market Forecast, 2017-2025
7.2.3. France
7.2.3.1. Historical Market Size, 2014-2016
7.2.3.2. Market Forecast, 2017-2025
7.2.4. Spain
7.2.4.1. Historical Market Size, 2014-2016
7.2.4.2. Market Forecast, 2017-2025
7.2.5. Italy
7.2.5.1. Historical Market Size, 2014-2016
7.2.5.2. Market Forecast, 2017-2025
7.2.6. Rest of Europe
7.2.6.1. Historical Market Size, 2014-2016
7.2.6.2. Market Forecast, 2017-2025
7.3. Asia-Pacific
7.3.1. China
7.3.1.1. Historical Market Size, 2014-2016
7.3.1.2. Market Forecast, 2017-2025
7.3.2. Japan
7.3.2.1. Historical Market Size, 2014-2016
7.3.2.2. Market Forecast, 2017-2025
7.3.3. India
7.3.3.1. Historical Market Size, 2014-2016
7.3.3.2. Market Forecast, 2017-2025
7.3.4. Australia
7.3.4.1. Historical Market Size, 2014-2016
7.3.4.2. Market Forecast, 2017-2025
7.3.5. South Korea
7.3.5.1. Historical Market Size, 2014-2016
7.3.5.2. Market Forecast, 2017-2025
7.3.6. Rest of Asia-Pacific
7.3.6.1. Historical Market Size, 2014-2016
7.3.6.2. Market Forecast, 2017-2025
7.4. LAMEA
7.4.1. Brazil
7.4.1.1. Historical Market Size, 2014-2016
7.4.1.2. Market Forecast, 2017-2025
7.4.2. South Africa
7.4.2.1. Historical Market Size, 2014-2016
7.4.2.2. Market Forecast, 2017-2025
7.4.3. Saudi Arabia
7.4.3.1. Historical Market Size, 2014-2016
7.4.3.2. Market Forecast, 2017-2025
7.4.4. Rest of LAMEA
7.4.4.1. Historical Market Size, 2014-2016
7.4.4.2. Market Forecast, 2017-2025
8. Company profiles
3M Co.
8.1.1. Overview
8.1.2. Financials and business segments
8.1.3. Recent Developments
AkzoNobel NV
8.1.4. Overview
8.1.5. Financials and business segments
8.1.6. Recent Developments
BASF SE
8.1.7. Overview
8.1.8. Financials and business segments
8.1.9. Recent Developments
Hempel A/S
8.1.10. Overview
8.1.11. Financials and business segments
8.1.12. Recent Developments
KANSAI PAINT CO.LTD.
8.1.13. Overview
8.1.14. Financials and business segments
8.1.15. Recent Developments
NIPPON PAINT Co., Ltd.
8.1.16. Overview
8.1.17. Financials and business segments
8.1.18. Recent Developments
PPG Industries, Inc.
8.1.19. Overview
8.1.20. Financials and business segments
8.1.21. Recent Developments
The Sherwin-Williams Company
8.1.22. Overview
8.1.23. Financials and business segments
8.1.24. Recent Developments
The Dow Chemical Company
8.1.25. Overview
8.1.26. Financials and business segments
8.1.27. Recent Developments
Wacker Chemie AG
8.1.28. Overview
8.1.29. Financials and business segments
8.1.30. Recent Developments
 
List of Tables

Table 1.Anti-corrosion Coatings Market Share, by Type, 2014-2025, $million
Table 2.Anti-corrosion Coatings Market Share, by Technology, 2014-2025, $million
Table 3.Anti-corrosion Coatings Market Share, by End-User Industry, 2014-2025, $million
Table 5.Epoxy Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 6.Polyurethane Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 7.Acrylic Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 8.Alkyd Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 9.Zinc Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 10.Chlorinated Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 11.Other Anti-corrosion Coatings Market Value, by Region, 2017-2025, $million
Table 12.Anti-corrosion Coatings Market Value for Solventborne, by Region, 2017-2025, $million
Table 13.Anti-corrosion Coatings Market Value for Waterborne, by Region, 2017-2025, $million
Table 14.Anti-corrosion Coatings Market Value for Powder, by Region, 2017-2025, $million
Table 15.Anti-corrosion Coatings Market Value for Others, by Region, 2017-2025, $million
Table 16.Anti-corrosion Coatings Market Value for Marine, by Region, 2017-2025, $million
Table 17.Anti-corrosion Coatings Market Value for Oil & Gas, by Region, 2017-2025, $million
Table 18.Anti-corrosion Coatings Market Value for Industrial, by Region, 2017-2025, $million
Table 19.Anti-corrosion Coatings Market Value for Construction, by Region, 2017-2025, $million
Table 19.Anti-corrosion Coatings Market Value for Energy, by Type, 2014-2025, $million
Table 20.Anti-corrosion Coatings Market Value for Energy, by Region, 2017-2025, $million
Table 21.Anti-corrosion Coatings Market Value for Automotive, by Region, 2017-2025, $million
Table 22.Anti-corrosion Coatings Market Value for Others, by Region, 2014-2025, $million
Table 23.Anti-corrosion Coatings Market Value for North America, by Country, 2014-2025, $million
Table 24.Anti-corrosion Coatings Market Value for North America, by Type, 2014-2025, $million
Table 25.Anti-corrosion Coatings Market Value for North America, by Technology, 2014-2025, $million
Table 26.Anti-corrosion Coatings Market Value for North America, by End-User Industry, 2014-2025, $million
Table 27.Anti-corrosion Coatings Market Value for Europe, by Country, 2014-2025, $million
Table 28.Anti-corrosion Coatings Market Value for Europe, by Type, 2014-2025, $million
Table 29.Anti-corrosion Coatings Market Value for Europe, by Technology, 2014-2025, $million
Table 30.Anti-corrosion Coatings Market Value for Europe, by End-User Industry, 2014-2025, $million
Table 31.Anti-corrosion Coatings Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 32.Anti-corrosion Coatings Market Value for Asia-Pacific, by Type, 2014-2025, $million
Table 33.Anti-corrosion Coatings Market Value for Asia-Pacific, by Technology, 2014-2025, $million
Table 34.Anti-corrosion Coatings Market Value for Asia-Pacific, by End-User Industry, 2014-2025, $million
Table 35.Anti-corrosion Coatings Market Value for LAMEA, by Country, 2014-2025, $million
Table 36.Anti-corrosion Coatings Market Value for LAMEA, by Type, 2014-2025, $million
Table 37.Anti-corrosion Coatings Market Value for LAMEA, by Technology, 2014-2025, $million
Table 38.Anti-corrosion Coatings Market Value for LAMEA, by End-User Industry, 2014-2025, $million
Table 39. 3M Co. - Company Snapshot
Table 40. AkzoNobel NV - Company Snapshot
Table 41. BASF SE - Company Snapshot
Table 42. Hempel A/S - Company Snapshot
Table 43. KANSAI PAINT CO.LTD. - Company Snapshot
Table 44. NIPPON PAINT Co., Ltd. - Company Snapshot
Table 45. PPG Industries, Inc. - Company Snapshot
Table 46. The Sherwin-Williams Company - Company Snapshot
Table 47. The Dow Chemical Company - Company Snapshot
Table 48. Wacker Chemie AG - Company Snapshot
 
List of Figures

Figure 1. Epoxy Anticorrosion Coating Market Value, 2014-2016, $million
Figure 2. Polyurethane Anticorrosion Coating Market Value, 2014-2016, $million
Figure 3. Acrylic Anticorrosion Coating Market Value, 2014-2016, $million
Figure 4. Alkyd Anticorrosion Coating Market Value, 2014-2016, $million
Figure 5. Zinc Anticorrosion Coating Market Value, 2014-2016, $million
Figure 6. Chlorinated Anticorrosion Coating Market Value, 2014-2016, $million
Figure 7. Other Anti-corrosion Coatings Market Value, 2014-2016, $million
Figure 8. Anti-corrosion Coatings: Solventborne Market Value, 2014-2016, $million
Figure 9. Anti-corrosion Coatings: Waterborne Market Value, 2014-2016, $million
Figure 10. Anti-corrosion Coatings: Powder Market Value, 2014-2016, $million
Figure 11. Anti-corrosion Coatings: Others Market Value, 2014-2016, $million
Figure 12. Anti-corrosion Coatings: Marine Market Value, 2014-2016, $million
Figure 13. Anti-corrosion Coatings: Oil & Gas Market Value, 2014-2016, $million
Figure 14. Anti-corrosion Coatings: Industrial Market Value, 2014-2016, $million
Figure 15. Anti-corrosion Coatings: Construction Market Value, 2014-2016, $million
Figure 16. Anti-corrosion Coatings: Energy Market Value, 2014-2016, $million
Figure 17. Anti-corrosion Coatings: Automotive Market Value, 2014-2016, $million
Figure 18. Anti-corrosion Coatings: U.S. Market Value, 2014-2016, $million
Figure 19. Anti-corrosion Coatings: U.S. Market Value, 2017-2025, $million
Figure 20. Anti-corrosion Coatings: Canada Market Value, 2014-2016, $million
Figure 21. Anti-corrosion Coatings: Canada Market Value, 2017-2025, $million
Figure 22. Anti-corrosion Coatings: Mexico Market Value, 2014-2016, $million
Figure 23. Anti-corrosion Coatings: Mexico Market Value, 2017-2025, $million
Figure 24. Anti-corrosion Coatings: UK Market Value, 2014-2016, $million
Figure 25. Anti-corrosion Coatings: UK Market Value, 2017-2025, $million
Figure 26. Anti-corrosion Coatings: Germany Market Value, 2014-2016, $million
Figure 27. Anti-corrosion Coatings: Germany Market Value, 2017-2025, $million
Figure 28. Anti-corrosion Coatings: France Market Value, 2014-2016, $million
Figure 29. Anti-corrosion Coatings: France Market Value, 2017-2025, $million
Figure 30. Anti-corrosion Coatings: Spain Market Value, 2014-2016, $million
Figure 31. Anti-corrosion Coatings: Spain Market Value, 2017-2025, $million
Figure 32. Anti-corrosion Coatings: Italy Market Value, 2014-2016, $million
Figure 33. Anti-corrosion Coatings: Italy Market Value, 2017-2025, $million
Figure 34. Anti-corrosion Coatings: Rest of Europe Market Value, 2014-2016, $million
Figure 35. Anti-corrosion Coatings: Rest of Europe Market Value, 2017-2025, $million
Figure 36. Anti-corrosion Coatings: China Market Value, 2014-2016, $million
Figure 37. Anti-corrosion Coatings: China Market Value, 2017-2025, $million
Figure 38. Anti-corrosion Coatings: Japan Market Value, 2014-2016, $million
Figure 39. Anti-corrosion Coatings: Japan Market Value, 2017-2025, $million
Figure 40. Anti-corrosion Coatings: India Market Value, 2014-2016, $million
Figure 41. Anti-corrosion Coatings: India Market Value, 2017-2025, $million
Figure 42. Anti-corrosion Coatings: Australia Market Value, 2014-2016, $million
Figure 43. Anti-corrosion Coatings: Australia Market Value, 2017-2025, $million
Figure 44. Anti-corrosion Coatings: South Korea Market Value, 2014-2016, $million
Figure 45. Anti-corrosion Coatings: South Korea Market Value, 2017-2025, $million
Figure 46. Anti-corrosion Coatings: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 47. Anti-corrosion Coatings: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 48. Anti-corrosion Coatings: Brazil Market Value, 2014-2016, $million
Figure 49. Anti-corrosion Coatings: Brazil Market Value, 2017-2025, $million
Figure 50. Anti-corrosion Coatings: Saudi Arabia Market Value, 2014-2016, $million
Figure 51. Anti-corrosion Coatings: Saudi Arabia Market Value, 2017-2025, $million
Figure 52. Anti-corrosion Coatings: South Africa Market Value, 2014-2016, $million
Figure 53. Anti-corrosion Coatings: South Africa Market Value, 2017-2025, $million
Figure 54. Anti-corrosion Coatings: Rest of LAMEA Market Value, 2014-2016, $million
Figure 55. Anti-corrosion Coatings: Rest of LAMEA Market Value, 2017-2025, $million
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