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Anti-Corrosion Coatings Market: Global Industry Analysis, Growth, Share, Trends

In lieu of such advancements, the global anti-corrosion coatings market could account for remunerative growth over the span of 2021-2027.

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Anti-Corrosion Coatings Market: Global Industry Analysis, Growth, Share, Trends

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  1. Anti-Corrosion Coatings Market: Global Industry Analysis, Growth, Share, Trends, Assessment 2027 Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Anti-Corrosion Coatings Market: • The global anti-corrosion coatings market is all set to embark on a developmental journey through 2027 with dynamic oil and gas, shipbuilding, and industrial activities along with product advancements being the key drivers. The growth in anti-corrosion coatings market is rather evident from a recent product launch by Greenkote. • One of the leading advanced anti-corrosion metal coatings providers, Greenkote, has recently introduced a significant addition to its line of corrosion protection - G5K. The new coating, according to company officials, is claimed to deliver a minimum of 5000 hours of corrosion protection in salt spray testing for metals, allowing it to meet ASTM Specification B117.

  3. Continued... • In lieu of such advancements, the global anti-corrosion coatings market could account for remunerative growth over the span of 2021-2027. • Imperative to note that the global cost of corrosion in the world is estimated to be around $2.5 trillion, which is equivalent to nearly 3.4% of the global GDP (as of 2013). Industry experts suggest that by the use of effective corrosion control practices and anti-corrosion coating materials, the globe is likely to save about 15% to 35% of the cost of corrosion annually. With such positive prospects, the demand for anti-corrosion coatings is anticipated to soar to new heights in the coming years.

  4. Browse key industry insights spread across 256 pages with 302 market data tables & figures from the report, “Anti-corrosion Coatings Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/anti-corrosion-coatings-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/808

  5. Continued... • Epoxy resins or epoxy is considered to be one of the prominent and commonly used anti-corrosion coatings worldwide. These boast utility in both underwater and over the water situations while demonstrating brilliant resistance to many marine environments. • There are generally two types of epoxy anti-corrosion coatings: Air dry epoxy coating and Thermal cure epoxy coating. The former is exclusively being used for metal surfaces. The product imparts a high level of anti-rust and anti-chemical resistance, with a single coat delivering corrosion protection at 4-6 mm thickness. Meanwhile, thermal cure epoxy coatings are known to offer the best anti-corrosion protection in industrial settings owing to their superior abrasion and impact resistance.

  6. Continued... • Another essential anti-corrosion coating is the polyurethane coating. The coating is applied to the surface of a substrate for the purpose of protecting it. PU coatings also help in protecting substrates from various types of defects like weathering, corrosion, abrasion, and other processes. Various companies are now introducing polyurethane coatings to alleviate the risks of corrosion across various industrial units and shipbuilding and O&G industries. • In 2019, the ROSEN Group announced exporting PU Lined Pipe to Fort McMurray’ Oil Sands Mine. According to official reports, the pipe is internally glazed with a wear resistant RoCoat liner. This apart, the company also embedded the new pipe with a wear monitoring system enabling the acquisition of coating condition online.

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