Anti-corrosion Coatings Market 2021-2026: Size, Share, Growth, Key Players, and Forecast

According to the latest report by IMARC Group, titled “Anti-corrosion Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global anti-corrosion coatings market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global anti-corrosion coatings market to grow at a CAGR of around 5% during 2021-2026. Anti-corrosion coatings are extensively used to protect metal surfaces from degradation caused by moisture, oxidation, and exposure to chemicals. These coatings act as a barrier against substrates and chemicals, hence increasing the lifespan of the metal component. They also offer protection against impact, weathering, abrasion and can withstand high temperatures. As a result, anti-corrosion coatings are widely used across different end-use industries such as construction, oil and gas, automotive, and energy.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends:

The expanding automotive industry is primarily creating a positive outlook for the market. Furthermore, the growing number of new infrastructural projects worldwide are escalating the sales of steel, which is further driving the demand for anti-corrosion coatings market. Additionally, these coatings are also used on machines and equipment that are not in operation and require maintenance to avoid degradation and rusting. Besides this, anti-corrosion coatings are also utilized in flooring, storage containers, water hydration systems, water coolers, kitchen mats and shelving in the food and beverages (F&B) industry. Numerous other factors, such as the increasing need for thin-walled and durable metallic components in the production of lightweight products, along with the minimized exploration and marine operation activities, are anticipated to further propel the global market for anti-corrosion coatings in the coming years.

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Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:        

  • Akzo Nobel N.V.
  • Ashland
  • Axalta Coating Systems LLC
  • Hempel A/S
  • Jotun
  • Kansai Paint Co. Ltd.
  • PPG Industries Inc.
  • RPM International Inc.
  • Sika AG
  • The Sherwin-Williams Company

Breakup by Technology:

  • Solvent-based
  • Water-based
  • Powder
  • Others

Breakup by Material:

  • Acrylic
  • Alkyd
  • Polyurethane
  • Epoxy
  • Zinc
  • Others

Breakup by Application:

  • Oil and Gas
  • Marine
  • Building and Construction
  • Automotive and Rail
  • Aerospace and Defense
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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