Sarasota, FL -- (SBWIRE) -- 10/30/2018 -- Global Acid Proof Lining Market: Overview

Acid proof linings are used to protect equipment against hazardous acid exposures. These linings safeguard plastic pipes, concrete, steel structures, etc. against solvents, alkalis, and acids. The expansion of the global acid proof lining market can be attributed to the various end-user industries, such as oil and gas, transportation, construction, automobiles, etc., which make use of acid proof linings.

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Global Acid Proof Lining Market: Growth Factors

The rapid growth of metallurgy and chemical industries and other developing application industries is backed by the availability of cost-effective acid proof linings, like ceramic brick lining among other assemblies. This is fuelling the development of the global acid proof lining market. The oil and gas industry needs apt piping mechanisms for transporting petroleum and other volatile substances, which requires a particular focus on pipelines' inner coatings. As acid proof linings provide corrosion resistance, the oil and gas industry are adopting these linings to prevent further damage to their existing pipelines and preventing the ones from rust. This is further contributing to the expansion of the global market for the acid proof lining.

The high manufacturing cost of the final product due to huge costs related to acid proof linings and the availability of low-cost substitutes, such as rubber lining, might hamper the growth of the global acid proof linings market.

Global Acid Proof Lining Market: Segmentation

The global acid proof lining market can be divided based on product type, form type, and end-users. Based on product type, the acid proof lining market can be classified into tile lining, thermoplastic lining, and ceramic and carbon brick lining. The thermoplastic lining segment is projected to hold the largest market share in the upcoming years, due to its high resistance properties against heat, chemical, thermal shocks, and mechanical stress. On the basis of form type, the acid proof lining market can be categorized into waterborne, powder-based, and solvent-borne types. The waterborne lining segment will gain popularity in the upcoming years, due to its eco-friendly characteristics. Based on end-users, the acid proof lining market can be bifurcated into oil and gas, marine, construction, chemicals, transportation, mining and metallurgy, automotive, and power generation, among others.

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Global Acid Proof Lining Market: Regional Analysis

Based on regions, the global market for acid proof lining can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The European region is anticipated to dominate the global market for acid proof lining in the upcoming years. In the Asia Pacific region, emerging economies, like China and India, are witnessing an upsurge in manufacturing activities, due to rapid industrialization. This is creating an increased demand for acid proof linings. Hence, this region is projected to hold a substantial share in the global market for acid proof lining in the future.

Global Acid Proof Lining Market: Competitive Players

The key market players of the global market for acid proof lining include BASF Coatings, PPG Industries, The Sherwin-Williams Company, AkzoNobel, Ashland Global Holdings, Axalta Coating Systems Limited, Hertel, KCC, Hempel Group, Jotun Chemicals Company, Steuler-KCH, Polycorp Limited, The Stebbins Engineering and Manufacturing Company, Axalta Coatings, International Paint Limited, Tip Top Oberflächenschutz Elbe, and Koch Knight, among several others.

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Global Acid Proof Lining Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa