Aug 12, 2019
Anti-Rust (corrosion) Coating Market is growing in demand and majorly driven by its various sectors such as marine, infrastructure, transportation, aerospace & defense | Global Anti-Rust Coating Industry
Pune, India - August 12, 2019 /MarketersMedia/ —
Scope of the Anti-Rust Coating Market report:
Anti-Rust Coating Market is segmented on the basis of the type, technology, end-use industry, and region.
On the basis of the types, the global anti-rust coating market is segmented into epoxy, polyurethane, acrylic, alkyd, zinc, chlorination, and others.
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Based on the technology, the global market is categorized into solvent-based, waterborne, powder coating, and UV cured.
On the basis of the end-user industries, the global market is segregated into marine, oil & gas, power generation, shipbuilding, infrastructure, transportation, aerospace & defense, and others.
Company Profile:
Some of the prominent manufacturers in the global market of anti-rust coating are Akzo Nobel N.V. (Netherlands), PPG Industries, Inc. (U.S.), Axalta Coating Systems Ltd. (U.S.), BASF SE (Germany), The Sherwin-Williams Company (U.S.), Ashland Inc. (U.S.), Kansai Paint Co., Ltd. (Japan), Hempel A/S (Denmark), Nippon Paints Co. Ltd (Japan), Jotun (Norway), RPM International Inc. (U.S.), DowDupont (U.S.), Bluechem (Africa), Chugoku Marine Paints Ltd. (Japan), and Clariant (Switzerland).
Market Overview:
Anti-rust coating is a preventive coating used for protecting metal components against degradation due to moisture, humidity, salt spray, and oxidation to a variety of environmental or industrial chemicals. Anti-rust coating inhibits the contact between chemical compounds or corrosive materials.
The global anti-rust coating market is majorly driven by its growing demand in various sectors such as marine, infrastructure, transportation, aerospace & defense, and others. Among these, the marine is the leading segment due to the high demand for anti-rust coating in shipbuilding and boat repairing. Additionally, the increasing demand for residential construction by the growing population is expected to propel the market growth further. The use of anti-rust coating for durable, scratch resistant, and finished appearance in an automobile is another driver of the market. The transportation of oil & gas through pipelines increases the demand for anti-rust coating, which is expected to drive the market growth during the review period. The increasing use of anti-rust coating in above mentioned end-use industries coupled with technological advances is likely to propel the market growth during the assessment period 2017-2023. However, fluctuating raw material price and stringent environmental regulations may hamper the market growth over the review period.
Geographical Analysis:
The global anti-rust coating market is segmented into five major regions Asia Pacific, North America, Latin America, the Middle East & Africa, and Europe.
The Asia Pacific is expected to emerge as the largest region in the global the anti-rust coating market due to high demand from end-use industries such as building & construction, transportation, and automotive. China is the largest market in terms of value in this region on account of the largest building & construction sector. India, Japan, Indonesia, Malaysia, and other countries contributing to the market growth on account of the growing end-user industries.
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Presence of a large number of oil deposits in Brazil and Venezuela fuels the regional market growth in Latin America.
Exploring and drilling activities for oil & gas reserves drive the market growth in this region.
North America is another substantial region in the anti-rust coating market growth due to the product use in automotive and aerospace & defense industries. The U.S. accounted for a major market share owing to the growing automotive and use in the aerospace & defense sector.
The Middle East & Africa is expected to witness market growth due to the abundant availability of oil & gas deposits in countries such as Saudi Arabia and the UAE.
Europe is likely to witness a sluggish growth owing to European Union Regulations 2012 on VOC emission.
Intended Audience:
• Anti-rust coatings Manufacturers
• Traders and distributors of Anti-rust coatings
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Printing Methodology
3.1 Research Technology
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Anti-Rust Coating Market
5 Industry Overview Of Global Anti-Rust Coating Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
LIST OF TABLES:
Table 1 World Population By Major Regions (2016 To 2030)
Table 2 Global Anti-Rust Coating Market: By Region, 2016-2023
Table 3 North America Anti-Rust Coating Market: By Country, 2016-2023
Table 4 Europe Anti-Rust Coating Market: By Country, 2016-2023
Table 5 Asia-Pacific Anti-Rust Coating Market: By Country, 2016-2023
Table 6 Middle East & Africa Anti-Rust Coating Market: By Country, 2016-2023
Table 7 Latin America Anti-Rust Coating Market: By Country, 2016-2023
Table 8 Global Anti-Rust Coating By Type Market: By Regions, 2016-2023
Table 9 North America Anti-Rust Coating By Type Market: By Country, 2016-2023
Table 10 Europe Anti-Rust Coating By Type Market: By Country, 2016-2023
Table 11 Asia-Pacific Anti-Rust Coating By Type Market: By Country, 2016-2023
Table 12 Middle East & Africa Anti-Rust Coating By Type Market: By Country, 2016-2023
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Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/anti-rust-coating-market-5697
Source: MarketersMedia
Release ID: 88906899
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