The report on the Market that has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2020-2025. The report also offers insights into different market segments and other factors affecting the market.

Report Forecast:

Anti-Corrosion Coatings Market was estimated at USD 29.53 Billion in 2021 and is likely to grow at a CAGR of 4.86% from 2022-2028 to reach USD 41.25 Billion in 2028.

What are anti-corrosion coatings?

Anti-corrosion coatings allow for added protection of metal surfaces which acts as a barrier for inhibiting contact between chemical compounds or corrosive materials. Anti-corrosion coating slows or prevents the electrochemical reactions that degrade the structural integrity of metals and alter their corrosion-induced appearance.

Drivers

• The growing energy sector, increasing demand for new infrastructure, and maintenance of existing construction spaces.
• Rising commercial and military shipbuilding activities in the Asia-Pacific region, are some of the key factors expected to drive the overall industry growth during the forecast period.

COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all industries, little or large, dealing in any sector.
The growth curves of the Anti-Corrosion Coatings market have witnessed an enormous ebb and flow in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the Anti-Corrosion Coatings market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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The Cornerstones in the market-
Some of the key players in the Market are:
• Akzo Nobel N.V.
• Ashland Global
• Axalta Coating Systems, Ltd.
• BASF SE
• Hempel Group
• Jotun, Kansai
• PPG Industries, Inc.
• RMP International
• The Sherwin-Williams Company.

Market Segmentation:

The report segments based on demographics, geographics, benefits, volume, etc, have different leading factors and identify the most attractive segments and sub-segments. Market segmentation will not only help marketers to be more efficient in terms of time, money, and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that lead to a roadmap to success.
The market is segmented into the following categories.

By Product Type:

• Epoxy
• Polyurethane
• Acrylic
• Alkyd
• Zinc
• Chlorinated Rubber
• Others

By Mode of Application Type:

• Water-based
• Solvent-based
• Powder

By End-User Type:

• Oil & Gas
• Shipbuilding
• Infrastructure
• Industrial Markets
• Energy
• Transport
• Others

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
- Company Profiling
- Detailed profiling of key market players (up to 3 players)
- SWOT analysis of key market players (up to 3 players)
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