Chemical

According to a market report by Lucintel, the future of the high performance anticorrosion coating market looks promising with opportunities in the oil and gas, infrastructure, automotive, power generation, marine, building & construction, and aerospace industries. The global high performance anticorrosion coating market is expected to reach an estimated $11.5 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing application of these coatings in oil and gas, automotive, infrastructure, power generation, and building & construction as it helps in protection of metal and concrete structure from corrosion and acid rain.



In this market, epoxy, zinc phosphate, vinyl esters, polyurethane, alkyd, thermoplastic, chlorinated rubber, fluoropolymer, phenolic, and polytetrafluoroethylene are the major segments of high performance anticorrosion coating market by resin type. Lucintel forecast that epoxy will remain the largest segment over the forecast period due to its widespread application in end use industries, such as marine, mining, architectural, oil and gas industries because of its heat resistance and corrosion characteristics.



Within this market, oil & gas is expected to remain the largest segment due to the increasing usage of protective coating in maintenance and repair tasks in oil and gas industry to improve equipment durability and lifespan in the face of changing climatic and temperature conditions. 



APAC will remain the largest region due to the increasing demand of anticorrosion coatings from automobile, infrastructure, and power generation sectors in this region. .

PPG, BASF SE, AkzoNobel NV, Nippon Paints, and RPM International are the major suppliers in the global high performance anticorrosion coating market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global high performance anticorrosion coating market by resin type, coating technology, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global High Performance Anticorrosion Coating Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global high performance anticorrosion coating market by resin type, coating technology, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the high performance anticorrosion coating market by resin type (epoxy, zinc phosphate, vinyl esters, polyurethane, alkyd, thermoplastic, chlorinated rubber, fluoropolymer, phenolic, polytetrafluoroethylene (PTFE), and others), coating technology (water-borne, solvent-borne, powder, and UV-curable), end use industry (oil and gas, infrastructure, automotive, power generation, marine, building & construction, aerospace industries, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?