The global high performance anticorrosion coating market is projected to reach $11.5 billion by 2028, at a CAGR of 5% during 2023-2028. The growth of high performance anticorrosion coating market is driven by increasing application of these coatings in oil and gas, automotive, infrastructure, power generation, and building & construction as it helps in protection of metal and concrete structure from corrosion and acid rain.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the high performance anticorrosion coating market by resin type (epoxy, zinc phosphate, vinyl esters, polyurethane, alkyd, and others), coating technology (water-borne, solvent-borne, powder, and UV-curable), end use industry (oil and gas, infrastructure, automotive, power generation, marine, and others), and region?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the high performance anticorrosion coating market?
Q.4 What are some changing demands of customers in the high performance anticorrosion coating market?
Q.5 What are the new developments in the high performance anticorrosion coating market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this high performance anticorrosion coating area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this high performance anticorrosion coating market?
Market Segmentation:
Based on resin type, the high performance anticorrosion coating market is segmented into epoxy, zinc phosphate, vinyl esters, polyurethane, alkyd, and others. The resin type segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its widespread application in end use industries, such as marine, mining, architectural, oil and gas industries because of its heat resistance and corrosion characteristics.
APAC will remain the largest region due to the increasing demand of anticorrosion coatings from automobile, infrastructure, and power generation sectors in this region.
Key Players in the high performance anticorrosion coating market are PPG, BASF SE, AkzoNobel NV, Nippon Paints, and RPM International.
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Roy AlmaguerLucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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