Global Wind Power Coating Market Is Expected to Grow at a CAGR of 10.8% and Will Reach USD 1.1 Billion in 2024, from USD 0.59 Billion in 2019
New Global Wind Power Coating Market 2024 Report Covers market forecast and top Companies like Hempel, PPG, AkzoNobel, BASF, Jotun and others.
Lewes, DE -- (SBWire) -- 04/29/2019 --Wind Power Coating market is expected to grow at a CAGR of roughly 10.8% over the next five years, will reach 1.1 Billion USD in 2024, from 0.59 Billion USD in 2019.
The erosion and corrosion of wind towers and blades is not a surprise given the variety of and often harsh environmental conditions encountered at sea and on land. If not protected, this erosion and corrosion will reduce the structure's strength, reliability, life span and, ultimately, its economic value. So coating plays an important role in protecting blades, tower and other components from environment.
Scope of the Report:
The erosion and corrosion of wind towers and blades causes huge damage to wind power plant, so wind power coating is well paid attention in the world, with the increasing construction of wind power plant, the demand of the wind power coating is also increasing. According to the location where the wind power plants are, the wind power coating can be divided into offshore blades, offshore tower, offshore interior, onshore blades, onshore tower and onshore interior. According to the raw materials, it can be divided into polymer coating, ceramic coating and metal coating. The polymer coating owns the biggest market share, taking 80.88% in 2016.
North America and Europe are the main consuming regions, North America takes 66.68% of the global sale volume in 2016, located in the leading position. Europe is the second biggest region, taking 28.13% in the world in 2016. China is not a big manufacturing region, but the consumption is huge, in 2016 the consumption is 26059 MT.
With the bright future of the wind industry, the wind power coating also shows good future. The sale volume will increase to 115618 MT in 2022 from 60102 MT with the average growth rate of 11.52%, the revenue will increase to 988.77 Million USD in 2022 from 527.48 Million USD in 2016 with the average growth rate of 11.04%. The price will show the declining trend in the future, in 2022 the price will decrease to 8552 USD/MT.
The worldwide market for Wind Power Coating is expected to grow at a CAGR of roughly 10.8% over the next five years, will reach 1100 million US$ in 2024, from 590 million US$ in 2019, according to a new study.
This report focuses on the Wind Power Coating in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wind Power Coating product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Wind Power Coating, with price, sales, revenue and global market share of Wind Power Coating in 2017 and 2018.
Chapter 3, the Wind Power Coating competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wind Power Coating breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Wind Power Coating market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Wind Power Coating sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Spanning over 119 pages "Forecast of Global Wind Power Coating Market 2024" report covers Market Overview, Manufacturers Profiles, Global Wind Power Coating Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global Wind Power Coating Market Analysis by Regions, North America Wind Power Coating by Country, Europe Wind Power Coating by Country, Asia-Pacific Wind Power Coating by Country, South America Wind Power Coating by Country, Middle East and Africa Wind Power Coating by Countries, Global Wind Power Coating Market Segment by Type, Global Wind Power Coating Market Segment by Application, Wind Power Coating Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.
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