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Anti-Corrosion Coatings Market Development Trends, Threats, Future Outlook and Challenges till 2027

Anti-corrosion coatings protect the material from degradation due to physical contact or exposure to air, water, and chemicals. The coating acts as a barrier or sacrificial material. The advantages of corrosion coatings include increased lifespan, and reduced operating costs.<br>

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Anti-Corrosion Coatings Market Development Trends, Threats, Future Outlook and Challenges till 2027

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  1. Anti-Corrosion Coatings Market Development Trends, Threats, Future Outlook and Challenges till 2027 Market Overview Anti-corrosion coatings protect the material from degradation due to physical contact or exposure to air, water, and chemicals. The coating acts as a barrier or sacrificial material. The advantages of corrosion coatings include increased lifespan, and reduced operating costs. It also imparts various beneficial properties such as increased gloss or color appearance, durability, increased hardness, increased durability, and abrasion protection. Corrosion can lead to increased monetary losses in the form of repair costs, cleanup costs and loss of revenue due to non-productive time. The cost incurred due to corrosion globally is US$ 2.2 trillion, which is over 3% of the world’s GDP and more than the GDP of India alone. Request Sample Copy Of This Business Report:https://www.coherentmarketinsights.com/insight/request-sample/475 Market Dynamics A major challenge to anti-corrosion coatings market is using of alternatives materials, which are Fiberglass Reinforced Plastic (FRP), polymers and thermoplastics. Usage of these metals eliminates the need for anti-corrosion coatings. Also, the key raw materials for coatings manufacture is from the oil industry. The unstable oil industry will affect availability of raw materials and manufacture of coatings. Anti-Corrosion Coatings Market Taxonomy On basis of Coating type •Epoxy Coating •Polyurethane Coating •Acrylic Coating •Alkyd Coating •Vinyl and Chlorinated Rubber Coatings •Silicone •Zinc-Rich Primers •Others On basis of Coating Technology •Liquid Coating •Solvent borne •Water borne •Powder Coating •Others (Laser, Radiation-cured etc.)

  2. Major players in the anti-corrosion coating market include BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com

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