High Performance Anti-corrosion Coatings Market: Burgeoning Oil and Gas Industry to Lead to Sustainable Demand

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
Buy Now
Request Sample
Press Release
Global High Performance Anti-corrosion Coatings Market: Burgeoning Oil and
Gas Industry to Lead to Sustainable Demand, says TMR
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
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 global high performance anti-corrosion coatings market features a large number of
international and domestic companies manufacturing a variety of products and operating amidst
intense competition in terms of cost, innovation, and product features, observes Transparency Market
Research in a recent report. Despite the availability of a vast pool of product types and brands in the
global market, the frequency of technical issues concerning slow drying, low mechanical strength,
and low corrosion resistance is high, which means that market players have plenty of scope for
improvement. Demand for high performance anti-corrosion coatings that can ensure a long service
life, without needing premature or additional maintenance costs is also high in the market.
This scenario makes the market a promising ground for investment for new vendors as well. Although
a massive chunk of the market is acquired by the four leading players: PPG Industries Inc., Nippon
Paint Co., Ltd., The Sherwin-Williams Company, and Akzo Nobel N.V, which collectively held a nearly
60% of the market in 2014, the vast scope for innovation in the market could work well for new
entrants.
View Exclusive Global Strategic Business Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S
&rep_id=8587
TMR estimates that the global high performance anti-corrosion coatings market will exhibit a 4.8%
CAGR from 2015 to 2023, rising from a valuation of US$11.94 bn in 2014 to US$18.22 bn in 2023.
Burgeoning End-use Industries Sector in Asia Pacific to Help Market Gain Traction
2
Transparency Market Research
High Performance Anti-corrosion
Coatings Market
Of the key end-use industries contributing extensively to market growth through sustainable demand,
the oil and gas industry is presently at the top when revenue contribution to the global high
performance anti-corrosion coatings market is considered. The oil and gas industry is expected to
retain its dominance in the market over the report’s forecast period as well, expected to account for a
nearly 32.5% of the overall market by 2023. Geographically, Asia Pacific is expected to be the leading
regional market for high performance anti-corrosion coatings owing to the burgeoning growth of key
end-use industries such as oil and gas, power generation, and construction.
Demand from Oil and Gas Industry to Remain Key for Future Growth
The vast rise in oil and gas drilling and exploration activities in key regional markets across the globe
has led to a significant rise in demand for a vast variety of high performance anti-corrosion coatings in
the past few years. The urgent need for maintenance of the complex machineries and equipment
used across numerous operations in the industry is expected to spur the overall demand for high
performance anti-corrosion coatings in the near future as well.
Moreover, the market is also significantly driven by the rising demand from the construction and
mining industries, especially across Asia Pacific. Strengthening economic conditions of developing
countries such as India and China are boosting infrastructural development activities in the respective
countries and are, in turn, driving the increased demand for high performance anti-corrosion coatings.
Browse The Full Article Here:
http://www.transparencymarketresearch.com/high-performanceanticorrosion-coatings-market.html
Restrictions Regarding VOC Emission to Restrict Demand for Conventional Coatings
The overall growth prospects of the global market for high performance anti-corrosion coatings are
significantly affected by strict government regulations regarding the usage of products containing
volatile organic compounds (VOCs). Government regulations across developed regions such as
Europe and North America, especially, have led to stark decline in the usage of petrochemicalsbased high performance anti-corrosion coatings in the past few years.
The trend is also steadily gaining strength in developing parts of the globe and an increased demand
for bio-based coatings is being seen. Because a vast variety of high performance anti-corrosion
3
Transparency Market Research
High Performance Anti-corrosion
Coatings Market
coatings in market presently are petrochemicals-based, this trend is expected to have a notable
negative impact on the growth prospects of the market in the next few years.
Release For Report:
http://www.transparencymarketresearch.com/pressrelease/mena-truckmounted-concrete-pump-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
o
Driver 1 – Global Oil & Gas Industry Likely To Boost Demand for High Performance Anti-corrosion
Coatings
o
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
4
Transparency Market Research
High Performance Anti-corrosion
Coatings Market
o
Restraint 2 – Strict Government Regulations on VOC Emissions to Restrict Demand for High Performance
Anti-corrosion Coatings

Opportunities –
o
Opportunity 1 – Power Generation Industry Expected to Provide Growth Opportunities to High
Performance Anti-corrosion Coatings
o
Opportunity 2 – Technological Breakthrough Likely to Boost the Market for High Performance Anticorrosion Coatings

Porter’s Five Forces Analysis

Bargaining Power Of Suppliers

Bargaining Power Of Buyers

Threat Of New Entrants

Threat Of Substitutes

Degree Of Competition
o
High Performance Anti-corrosion Coatings: Market Attractiveness Analysis

Market Attractiveness Analysis By End-user

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
5
Transparency Market Research
High Performance Anti-corrosion
Coatings Market

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

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

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
6
Transparency Market Research
High Performance Anti-corrosion
Coatings Market

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

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
Browse All Chemical Market Research Reports:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
7
Transparency Market Research
High Performance Anti-corrosion
Coatings Market
Transparency Market Research is a market intelligence company providing global
business information reports and services. Our exclusive blend of quantitative
forecasting and trends analysis provides forward-looking insight for thousands of
decision makers.
We are privileged with highly experienced team of Analysts, Researchers and
Consultants, who use proprietary data sources and various tools and techniques to
gather, and analyze information. Our business offerings represent the latest and the
most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research, 90 State Street,
Suite 700, Albany, NY – 12207, United States
Tel: +1-518-618-1030, USA - Canada Toll Free 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Browse The Market Research Blog:
http://globalresearchmarket.blogspot.in/
8
Transparency Market Research

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