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?
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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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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/high-performance-anticorrosion-coating-market.aspx.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas,
Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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