Infinium Global Research

Anti-Corrosion Coating Market: Worldwide Industry Analysis, Top Manufactures, Projects, Application and New Market Opportunities Explored

The Infinium Global Research has announced the addition of the “Anti-Corrosion Coating Market to 2024 – Global Analysis and Forecasts by Type and Product” to its research database.

 

Pune, India -- (SBWIRE) -- 08/28/2018 -- Rapidly growing demand of anti-corrosion coating from various industries to drive the Anti-Corrosion Coating Market

Rapidly growing demand of anti-corrosion coating from various industries including marine, oil & gas, construction, power generation and others is driving the growth of anti-corrosion coating market worldwide. In addition, rising construction and marine industries are contributing in the growth of anti-corrosion coating market across all over the globe. In addition, increase in ship repair and maintenance activities across all over the world likely to boost the market of anti-corrosion coatings. However, the crude oil is the key raw material used to produce anti-corrosive materials. The fluctuations in the pricing of these raw material is retraining the growth of anti-corrosion market. Moreover, the growing demand and the consumption of anti-corrosion coatings in the steel and construction industries are expected to create the several opportunities in anti-corrosion coatings market.

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Asia pacific dominates the market of anti-Corrosion Coatings followed by North America

Asia pacific dominates the market of anti-Corrosion Coatings followed by North America. The rising urbanization in Asia pacific region results in the rapid growth of various end use industries such as construction, automotive, steel and others is likely to boost the growth of anti-corrosion market in this region.  The increasing oil and gas drilling and exploration activities are contributes in the market of anti-corrosion coatings in Asia pacific region. Furthermore, the North America is second largest region in the anti-corrosion coating market owing to the various industrial verticals application. US is the most important sector and has captured majority of the market share in the North American region.

AkzoNobel has opened a new coatings production facility in Kenya

In July 2018, AkzoNobel has opened a new coatings production facility in Kenya in July 2018 which is Located in the capital, Nairobi. AkzoNobel has long-term plan to expand further facilities and use Kenya as a gateway to the whole of East Africa this would strengthen their presence in African subcontinents.

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Some of the major players in the global anti-corrosion coating market are 3M Company, Akzo Nobel N.V., BASF SE, The Dow Chemical Company, Nippon Paints Co. Ltd., Wacker Chemie AG, Solvay S.A. and others.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global anti corrosion market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of Anti-Corrosion Coating market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the Anti-Corrosion Coating market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the Anti-Corrosion Coating market to understand the present and future trends in this market and formulate their strategies accordingly.

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