Anti-corrosion coating is defined as a coating material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect the surface form corrosion.
In 2015, the global sale volume of anti-corrosion coating is about 9192.3 K MT and is anticipated to reach 14363.4 K MT in 2022.
China is the dominate consumer in anti-corrosion coating industry. The sales volume of China was 3288.4 K MT in 2015, occupied about 35.77% of the total amount. Europe is the second one, with the sales volume of 1778.9 K MT, and the sales market share of 19.35% in 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
The global average sale price of anti-corrosion coating is in the decreasing trend, from 8039 USD/MT in 2011 to 7240 USD/MT in 2015. With the situation of competition, prices will be in decreasing trend in the following five years.
Currently, with the excellent anti-corrosion properties, solvent-based coatings occupy the largest market share which was about 77.84% in 2015, and is widely used in marine, containers and other applications with stringent anti-corrosion requirement. While, with the increasingly stringent environment requirements and technology improved, water-based coatings will play an more and more important role in this industry.
Chemical industrial accounted for the largest market with about 35.33% of the global consumption volume for anti-corrosion coatings in 2015. With over 27.05% share in the anti-corrosion coatings market, marine was the second largest application market in 2015.
According to this study, over the next five years the Anti-Corrosion Coating market will register a 4.8% CAGR in terms of revenue, the global market size will reach USD 96600 million by 2024, from USD 72900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Anti-Corrosion Coating business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Anti-Corrosion Coating market by product type, application, key manufacturers and key regions and countries.
This study considers the Anti-Corrosion Coating value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Shenzhen Zhanchen paints
Twin Tigers Coatings
Jangsu Lanling Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Anti-Corrosion Coating consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Anti-Corrosion Coating market by identifying its various subsegments.
Focuses on the key global Anti-Corrosion Coating manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Anti-Corrosion Coating with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Anti-Corrosion Coating submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.