Rebar Coating Market Trends and Forecast
The future of the global rebar coating market looks promising with opportunities in the building & construction, oil & gas, and manufacturing markets. The global rebar coating market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for rebar coatings to extend lifespan and prevent corrosion in the construction projects and growing focus on maintenance and retrofitting of existing infrastructure with corrosion-resistant coatings.
• Lucintel forecasts that fusion bonded epoxy coated is expected to witness higher growth over the forecast period.
• Within this market, building & construction is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Rebar Coating Market
• United States: Rust-Oleum launched new epoxy rebar coatings, focusing on durability and sustainability. Initiatives include partnerships for testing in infrastructure projects. Targets involve expanding market share and meeting ASTM standards.
• China: Jotun China introduced zinc-rich coatings for rebar, emphasizing longevity and environmental friendliness. Initiatives include local production and partnerships. Targets involve market leadership in Asia-Pacific.
• Germany: BASF developed polymer-based coatings for rebar, focusing on chemical resistance. Initiatives include research and partnerships. Targets involve the European market expansion and sustainability goals.
• India: Asian Paints launched epoxy coatings for urban infrastructure, emphasizing corrosion protection. Initiatives include distribution network expansion. Targets involve market growth in South Asia and supporting smart city projects.
• Brazil: Sherwin-Williams Brazil introduced water-based rebar coatings with low VOC emissions. Initiatives include local production and regulatory compliance. Targets involve market penetration in South America and LEED certification for projects.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Rebar Coating Market by Segment
The study includes a forecast for the global rebar coating market by type, application, and region.
Rebar Coating Market by Type [Value from 2018 to 2030]:
• Fusion Bonded Epoxy Coated
• Cement-Polymer Composite Coated (CPCC)
Rebar Coating Market by Application [Value from 2018 to 2030]:
• Building & Construction
• Oil & Gas
• Manufacturing
Rebar Coating Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Rebar Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rebar coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rebar coating companies profiled in this report include-
• 3M
• Euclid Chemical
• Sika USA
• No Corrosion
• Western Coating
• JLD Epoxy Coating Rebar
• Sherwin-Williams Company
Recent Development in the Rebar Coating Market
• PPG Industries introduced a new line of epoxy rebar coatings, offering enhanced corrosion resistance and durability for infrastructure projects, focusing on sustainability and compliance with environmental regulations.
• AkzoNobel launched innovative zinc-rich rebar coatings, emphasizing superior protection against corrosion and environmental sustainability through reduced VOC emissions and energy-efficient manufacturing processes.
• Nippon Paint expanded its range with high-performance polymer rebar coatings, targeting durability and chemical resistance, with initiatives focused on market expansion in Asia-Pacific and enhancing customer support services.
• Axalta Coating Systems developed next-generation epoxy rebar coatings, incorporating nanotechnology for improved adhesion and wear resistance, aimed at meeting stringent industry standards and supporting sustainable construction practices.
Features of the Global Rebar Coating Market
Market Size Estimates: Rebar coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Rebar coating market size by type, application, and region in terms of value ($B).
Regional Analysis: Rebar coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the rebar coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rebar coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for rebar coating market?
Answer: The global rebar coating market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the rebar coating market?
Answer: The major drivers for this market are increasing demand for rebar coatings to extend lifespan and prevent corrosion in the construction projects and growing focus on maintenance and retrofitting of existing infrastructure with corrosion-resistant coatings.
Q3. What are the major segments for rebar coating market?
Answer: The future of the rebar coating market looks promising with opportunities in the building & construction, oil & gas, and manufacturing markets.
Q4. Who are the key rebar coating market companies?
Answer: Some of the key rebar coating companies are as follows:
• 3M
• Euclid Chemical
• Sika USA
• No Corrosion
• Western Coating
• JLD Epoxy Coating Rebar
• Sherwin-Williams Company
Q5. Which rebar coating market segment will be the largest in future?
Answer: Lucintel forecasts that fusion bonded epoxy coated is expected to witness higher growth over the forecast period.
Q6. In rebar coating market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the rebar coating market by type (fusion bonded epoxy coated and cement-polymer composite coated (CPCC)), application (building & construction, oil & gas, and manufacturing), 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?
For any questions related to Rebar Coating Market Market, Rebar Coating Market Market Size, Rebar Coating Market Market Growth, Rebar Coating Market Market Analysis, Rebar Coating Market Market Report, Rebar Coating Market Market Share, Rebar Coating Market Market Trends, Rebar Coating Market Market Forecast, Rebar Coating Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.