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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
  • BASF SE
  • 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.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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