High Performance Anti-corrosion Coatings Market

Transparency Market
Research
High Performance Anti-corrosion Coatings Market Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023
Published Date
14-Jan-2016
190 Page Report
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Press Release
Global High Performance Anti-corrosion Coatings Market to
Expand at 4.8% CAGR from 2015 to 2023 : TMR
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High Performance Anti-corrosion
Coatings Market
REPORT DESCRIPTION
High Performance Anti-corrosion Coatings Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023
The market for high performance anti-corrosion coatings comprises a vast array of materials that are used on
concrete, metals and other structures to protect their surfaces from the damage that corrosive environments
can cause. These enhanced protective coatings are also sometimes called heavy-duty coatings owing to their
features such as excellent resistance to moisture and heat, durability, high adhesion on substrates, and good
gloss retention. The use of high performance anti-corrosion coatings is indispensable for protecting surfaces
that are vulnerable to the effects of corrosion and rust and are prone to deterioration in harsh environments.
High-performance anticorrosion coatings find applications across chemical plants, paper and pulp mills, oil
refineries, the marine industry, and many other industries for protection or industrial maintenance of structures
such as pipes, tanks, and processing equipment. A recent market research report published by Transparency
Market Research examines the global high-performance anticorrosion coatings market and analyzes the
factors that are influencing the development of the market. The report states that the market will exhibit a
moderate 4.8% CAGR from 2015 through 2023.
Browse the full High Performance Anti-corrosion Coatings (Epoxy Coatings, Urethane Coatings,
Acrylic Coatings, and Others) Market for Oil & Gas, Marine, Construction, Tanks & Pipes, Power
Generation, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023 report at : http://www.transparencymarketresearch.com/high-performance-anticorrosioncoatings-market.html
Despite the high applicability of these coatings, the key factors holding back the market and how they are
changing the market’s growth dynamics are addressed by TMR analysts in this blog post.
Q. What are the major restraints to the market’s growth?
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Strict government regulations pertaining to volatile organic compound (VOC) emissions is one of the chief
factors restraining the expansion of the global high performance anti-corrosion coatings market. A majority of
the conventional high performance anti-corrosion coatings are made from petrochemical-derived raw materials.
Historically, all resin types used in high performance anti-corrosion coatings used petroleum solvents. These
solvent-borne coatings have high VOC content and are being scrutinized for the harm they cause to human
and environmental health. To comply with the strict emission control guidelines, high performance anticorrosion coatings manufacturers are focusing on the development of bio-based raw materials and waterborne
coatings.
Q. What are the other major trends in the global high performance anti-corrosion coatings market?
The high performance anti-corrosion coatings market is also becoming more resistant to the use of heavy
metal-based corrosion inhibitors in their products. Until a few years back, heavy metal-based corrosion
inhibitors were widely accepted owing to the excellent corrosion protection capability granted by a variety of
heavy metal pigments to high performance anti-corrosion coatings. Regulations pertaining to occupational
safety of employees are increasingly putting pressure on companies to replace barium, chromium, zinc, and
many other heavy metals with eco-friendly alternatives. This has led to a significant rise in research aimed at
the development of effective anti-corrosion elements in the high performance anti-corrosion coatings market.
Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=8587
Q. What developments have been observed on the front of bio-based coatings?
The segment of epoxy resins-based coatings, which currently have a share of nearly 55% of the global high
performance anti-corrosion coatings market, is expected to drive shift of the market to bio-based products.
Researchers have formulated efficient ways of manufacturing epoxy resins with the help of bio-based raw
materials such as natural oils, natural phenol compounds such as lignin and tannin, and carbohydrates.
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Though most commercially available bio-based resins have only up to a maximum of 50% biodegradable
substances, further research will lead to a significant rise in this percentage in the coming years
Research Press Release: http://www.transparencymarketresearch.com/pressrelease/highperformance-anticorrosion-coatings-market.htm
TABLE OF CONTENT
Chapter 1 Preface
Report Description
Research Scope
Assumptions
Market Segmentation
Research Methodology
Chapter 2 Executive Summary
Global High Performance Anti-corrosion Coatings Market, Volume and Revenue, 2014 - 2023, (Kilo Tons) (US$
Mn)
High Performance Anti-Corrosion Coatings: Market Snapshot
Chapter 3 High Performance Anti-Corrosion Coatings Market – Industry Analysis
Introduction
Value Chain Analysis
Market Drivers
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Driver 1 – Global Oil & Gas Industry Likely To Boost Demand for High Performance Anti-corrosion Coatings
Driver 2 – Construction and Marine Industries in Asia Pacific to Propel Growth of High Performance Anticorrosion Coatings Market
Restraints
Restraint 1 – Price Volatility of Petrochemical Feedstock to Hinder High Performance Anti-corrosion Coatings
Market Growth
Restraint 2 – Strict Government Regulations on VOC Emissions to Restrict Demand for High Performance
Anti-corrosion Coatings
Opportunities –
Opportunity 1 – Power Generation Industry Expected to Provide Growth Opportunities to High Performance
Anti-corrosion Coatings
Opportunity 2 – Technological Breakthrough Likely to Boost the Market for High Performance Anti-corrosion
Coatings
Porter’s Five Forces Analysis
Bargaining Power Of Suppliers
Bargaining Power Of Buyers
Threat Of New Entrants
Threat Of Substitutes
Degree Of Competition
High Performance Anti-corrosion Coatings: Market Attractiveness Analysis
Market Attractiveness Analysis By End-user
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Market Attractiveness Analysis By Country
Chapter 4 Raw Material and Price Trend Analysis
Raw Material Price Trends, 2014 – 2023 (US$/Ton)
High Performance Anti-corrosion Coatings Price Trends, 2014 – 2023 (US$/Ton)
Chapter 5 Market Segmentation – Product Analysis
Global High Performance Anti-corrosion Coatings Market: Product Overview
Global Epoxy Coatings Market
Global Urethane Coatings Market
Global Acrylic Coatings Market
Global Other High Performance Anti-corrosion Coatings Market
Chapter 6 Market Segmentation – End-user Analysis
Global High Performance Anti-corrosion Coatings Market: End-user Overview
Global High Performance Anti-corrosion Coatings Market for Oil & Gas
Global High Performance Anti-corrosion Coatings Market for Marine
Global High Performance Anti-corrosion Coatings Market for Construction
Global High Performance Anti-corrosion Coatings Market for Tanks & Pipes
Global High Performance Anti-corrosion Coatings Market for Power Generation
Global High Performance Anti-Corrosion Coatings Market For Others
Chapter 7 Market Segmentation – Regional Analysis
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Global High Performance Anti-corrosion Coatings Market: Regional Overview
North America High Performance Anti-corrosion Coatings Market – Product Analysis
North America High Performance Anti-corrosion Coatings Market – End-user Analysis
U.S. High Performance Anti-corrosion Coatings Market – Product Analysis
U.S. High Performance Anti-corrosion Coatings Market – End-user Analysis
Rest Of North America High Performance Anti-corrosion Coatings Market – Product Analysis
Rest Of North America High Performance Anti-corrosion Coatings Market – End-user Analysis
Europe High Performance Anti-corrosion Coatings Market – Product Analysis
Europe High Performance Anti-corrosion Coatings Market – End-user Analysis
Germany High Performance Anti-corrosion Coatings Market – Product Analysis
Germany High Performance Anti-corrosion Coatings Market – End-user Analysis
France High Performance Anti-corrosion Coatings Market – Product Analysis
France High Performance Anti-corrosion Coatings Market – End-user Analysis
U.K. High Performance Anti-corrosion Coatings Market – Product Analysis
U.K. High Performance Anti-corrosion Coatings Market – End-user Analysis
Italy High Performance Anti-corrosion Coatings Market – Product Analysis
Italy High Performance Anti-corrosion Coatings Market – End-user Analysis
Russia High Performance Anti-corrosion Coatings Market – Product Analysis
Russia High Performance Anti-corrosion Coatings Market – End-user Analysis
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Rest Of Europe High Performance Anti-corrosion Coatings Market – Product Analysis
Rest Of Europe High Performance Anti-corrosion Coatings Market – End-user Analysis
Asia Pacific High Performance Anti-corrosion Coatings Market – Product Analysis
Asia Pacific High Performance Anti-corrosion Coatings Market – End-user Analysis
China High Performance Anti-corrosion Coatings Market – Product Analysis
China High Performance Anti-corrosion Coatings Market – End-user Analysis
India High Performance Anti-corrosion Coatings Market – Product Analysis
India High Performance Anti-corrosion Coatings Market – End-user Analysis
ASEAN High Performance Anti-corrosion Coatings Market – Product Analysis
ASEAN High Performance Anti-corrosion Coatings Market – End-user Analysis
Rest Of Asia Pacific High Performance Anti-corrosion Coatings Market – Product Analysis
Rest Of Asia Pacific High Performance Anti-corrosion Coatings Market – End-user Analysis
Latin America High Performance Anti-corrosion Coatings Market – Product Analysis
Latin America High Performance Anti-corrosion Coatings Market – End-user Analysis
Brazil High Performance Anti-corrosion Coatings Market – Product Analysis
Brazil High Performance Anti-corrosion Coatings Market – End-user Analysis
Rest Of Latin America High Performance Anti-corrosion Coatings Market – Product Analysis
Rest Of Latin America High Performance Anti-corrosion Coatings Market – End-user Analysis
Middle East & Africa High Performance Anti-corrosion Coatings Market – Product Analysis
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Middle East & Africa High Performance Anti-corrosion Coatings Market – End-user Analysis
GCC High Performance Anti-corrosion Coatings Market – Product Analysis
GCC High Performance Anti-corrosion Coatings Market – End-user Analysis
South Africa High Performance Anti-corrosion Coatings Market – Product Analysis
South Africa High Performance Anti-corrosion Coatings Market – End-user Analysis
Rest Of Middle East & Africa High Performance Anti-corrosion Coatings Market – Product Analysis
Rest Of Middle East & Africa High Performance Anti-corrosion Coatings Market – End-user Analysis
Chapter 8 Company Profiles
The 3M Company
Akzo Nobel N.V.
Chugoku Marine Paints, Ltd.
Jotun A/S
Nippon Paint Co., Ltd.
Hempel A/S
PPG Industries Inc.
The Sherwin-Williams Company
Tnemec Inc.
Sokema
AICA Kogyo Co., Ltd.
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AnCatt Inc.
Chapter 9 Primary Research – Key Findings
Chapter 10 List of Key Customers
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High Performance anti-corrosion coatings market was valued at US$11.95 bn in 2014 and is anticipated to reach US$18.22 bn by 2023, expanding at a CAGR of 4.8% between 2015 and 2023