Global Corrosion Protective Coating Market Overview:
Corrosion protective coating helps to reduce the corrosion on teh metal made products as the coatings limits the exposure of corrosive environment. It is generally the layer of material applied on the surface of the other material, and the corrosion protective coating can be metallic as well as for non-metallic. Commonly used coating materials are polymers, polyurethanes, epoxies, etc which is used in material like zinc, aluminum, and chromium.
Also, check more such insights on " target="_blank">".Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Use of Non-Stick Coatings for Corrosion Protective Coating and The popularity of Corrosion Protective Coating in Aerospace and Automotive Application
Market Growth Drivers:
Need for Protective Coating on the Metal Materials to Protect it from Corrosion and Growing Industrial Application of the Chemical Resistant Products
Challenges:
Intense Competition in the Corrosion Protective Coating Market
Restraints:
Extreme Environment Conditions and its Effects on the Products Might Affect the Corrosion Protective Coating Market
Opportunities:
Technological Advancement in the Corrosion Protective Coating and Regulatory Guidelines on the Usage of Corrosion Protective Coating
Competitive Landscape:
Some of the key players profiled in the report are Wacker Chemie AG (Germany), BASF SE (Germany), Nippon Paint Holdings Co., Ltd (Japan), Meffert AG Farbwerke (Germany), PPG Industries, Inc. (United States), Brillux GmbH & Co. KG (Germany), Akzo Nobel N.V. (Netherlands), Kaefer GmbH (Saudi Arabia), Henkel AG & Co. KGaA (Germany), Teknos Group Oy (Finland), Altana AG (Germany), Hempel A/S (Denmark), Jotun Group (Norway), Sto Corp. (United States) and Ostendorf Kunststoffe GmbH (Germany). Considering Market by End Use Industry, the sub-segment i.e. Aerospace will boost the Corrosion Protective Coating market. Considering Market by Coating Material, the sub-segment i.e. Electrogalvanized Steel will boost the Corrosion Protective Coating market.
On 20th July 2020, Nippon Paint India has launched a new range of industrial paints under the Protec brand. With this launch, Nippon Paint India is now expanding its presence in the industrial coatings segment. The Protec range of products includes Primers, Top Coats, and Specialized Coating Products. The company is starting this business with key 50 industrial dealers and will add more partners by the end of the year. The company expects the Protec brand to add Rs 50 crore to its top line in the next 2-3 years.
What Can be Explored with the Corrosion Protective Coating Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Corrosion Protective Coating Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Corrosion Protective Coating
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Corrosion Protective Coating market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Corrosion Protective Coating market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Corrosion Protective Coating Manufacturers, Corrosion Protective Coating Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.