Skip to main content

The epoxy based corrosion protection coatings to lead the market, by type, during 2020 to 2025

 

The global Corrosion Protection Coatings Market size is projected to grow from USD 6.9 billion in 2020 to USD 8.9 billion by 2025, at a CAGR of 5.3%.Worldwide, corrosion causes huge financial losses in many industries.

Browse 111 market data Tables and 66 Figures spread through 236 Pages and in-depth TOC on "Corrosion Protection Coating Market by Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber), Technology (Solvent, Water, Powder), End-Use Industry (Marine, Oil & Gas, Petrochemical, Infrastructure),And Region – Global Forecast to 2025"

The solvent-based technology segment is estimated to account for the largest share of the corrosion protection coatings market, by technology, during the forecast period.

Solvent-based technology is estimated to account for the largest share during the forecast period. A majority of conventional coatings are solvent-based and contain about 25% solid and a relatively high organic solvent content. This coating technology emits VOC, odour, and flammability; however, it has an excellent block resistance characteristic. High-quality protective films are obtained from the use of solvent-based corrosion protection coating. The solvent-based technology offers comparatively lesser drying time for application on surfaces than other technologies that have both low and high solid contents. Solvent-based formulations are used in industrial and protective anti-corrosion coatings, among others.


Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=150815310

PPG Industries is the second most active company in the corrosion protection coatings market. The company manufactures and distributes industrial and automotive coatings to manufacturing companies, adhesives & sealants to the automotive industry, metal pre-treatments & related chemicals for industrial and automotive applications, and packaging coatings to aerosol, food, and beverage container manufacturers. PPG also delivers protective coating solutions for a wide range of industries. The company has advanced coating systems that have proven protection from corrosion, high temperatures, and fire; ensures durability and aesthetic performance that will protect valuable assets and meets the specific needs of any environment.

·         In February 2020, PPG collaborated with Dow on Sustainable Future Program to reduce carbon impacts. The partnership focuses on advances in anti-corrosion coating products for steel designed to deliver reduced greenhouse gas (GHG) emissions through increased energy efficiency while helping to lessen the high maintenance costs of steel infrastructure.

Major players operating in the corrosion protection coatings market include Akzo Nobel N.V. (Netherlands), PPG Industries, Inc., (US), Jotun A/S (Norway), The Sherwin-Williams Company (US), Kansai Paint Co., Ltd (Japan), Hempel A/S (Denmark), Chugoku Marine Paints (Japan), Axalta Coating Systems  (US), Nippon Paint Co., Ltd. (Japan) and Teknos (Finland).

Read More Information At https://www.marketsandmarkets.com/Market-Reports/corrosion-protection-coating-market-150815310.html

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

 

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
sales@marketsandmarkets.com

Labels:

Comments

Post a Comment

Popular posts from this blog

Who are the key manufacturers in the Ammonia Refrigerants Market?

  The ammonia refrigerants market is projected to reach USD 86.5 million by 2030, at a CAGR of 5.7% from USD 55.5 million in 2022. Ammonia is one of the most efficient refrigerants available and has a wide range of uses at different temperature and capacity. In addition to being natural the use of ammonia opens up the possibility of reduced energy consumption and secures long-term costs efficiency and sustainability. Ammonia is most commonly used for air conditioning systems and refrigeration systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254343156 Market Dynamics Driver: Eco-friendly aspect to drive the market One of the biggest advantages of ammonia gas as the refrigerant is that it is safe to the environment and does not cause any depletion of the ozone layer. Due to this it won’t have to be replaced with any alternative refrigerants as is the case with number of chlorofluorocarbons (CFCs). Ammonia is the oldest of all the refri...
Post a Comment
Read more

Dual Chamber Syringe Filling Machine Market Size,Insights, and Forecast 2025

  The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies. Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on  "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025". Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine ...
Post a Comment
Read more

Polyamide Composite Market Foreseen to Grow Exponentially by 2027

  The polyamide composite market is projected to reach USD XX million by 2027, at a CAGR of XX% from USD XX million in 2022. One of the major factors contributing to the growth of the polyamide composite market is the increased demand for lightweight automobiles. Also, the rise in electrical and electronics industry is driving the polyamide composite market. Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=118470735 Driver: Increasing demand from the transportation industry to drive polyamide composites demand Polyamide composites are used in the production of a variety of automotive components, rail coaches, and heavy vehicles. These materials are lightweight and contribute to vehicle weight reduction, which reduces CO2 emissions and improves fuel efficiency, allowing automotive manufacturers to meet CAFÉ emission standards (54.5 mpg by 2025) and other fuel norms mandated by environmental agencies. One of the driving factors driving the therm...
Post a Comment
Read more