Anti-Corrosion Coatings Market Analysis APAC,North America,Europe,South America,Middle East and Africa - US,China,Japan,India,Germany - Size and Forecast 2023-2027
| Published: Oct 2023 | Pages: 172 | SKU: IRTNTR75550 |
Anti-Corrosion Coatings Market Forecast 2023-2027
The Anti-Corrosion Coatings Market size is estimated to grow by USD 7.82 billion at a CAGR of 5.66% between 2022 and 2027. Market growth relies on several factors, such as the expanding real estate and construction sector, heightened demand in the marine industry, and an increasing need for steel in construction and automotive manufacturing. The construction industry's growth, fueled by urbanization and infrastructure development, drives steel demand for structural applications. Additionally, the marine sector's reliance on steel for shipbuilding and offshore structures contributes to market expansion. Furthermore, the automotive industry's shift toward lightweight, high-strength steel for vehicle components bolsters steel demand. These factors collectively propel market growth, highlighting steel's pivotal role across diverse industries and its status as a crucial material for infrastructure, transportation, and manufacturing sectors.
What will be the Market Size During the Forecast Period?
Market Segmentation
This market report extensively covers market segmentation by product (epoxy, polyurethane, alkyd, acrylic, and others), type (marine, construction, industrial, oil and gas, and automobile and transportation), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
By Product
The market share growth by the epoxy segment will be significant during the forecast period. There has been an increasing demand for the epoxy segment due to its various applications in industries such as architecture, mining, food and beverage, IT, medical industries, construction, automotive, electrical, and marine.
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The epoxy segment was valued at USD 9.04 billion in 2017. One of the key applications of epoxy is in the construction industry to coat reinforcement bars to increase their life span. Additionally, due to the increase in demand of consumers, the companies are also launching various epoxy-based anti-corrosion coatings in the market. Moreover, due to the lower volatile organic compounds (VOC) emission, there is a growing demand for anti-corrosion technology, including waterborne epoxy (WEP) coatings. Furthermore, the increasing investment in construction in countries like China, India, Indonesia, the Philippines, New Zealand, and Brazil is expected to drive the market during the forecast period.
By Type
Based on type the market segment is categorized into marine, construction, industrial, oil and gas, and automobile and transportation. The marine industry dominates the market. These protect surfaces from corrosion and abrasion in ships, yachts, and boats. With a significant share of global trade carried by seas, the demand in the marine sector is growing. Nations expanding their naval power drive this demand. The consistent growth of the marine industry supports the overall growth of the market.
By Region
APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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As the top producer of automobiles globally and one of the leading producers of paints and coatings for a range of industries, China is one of the major contributors to the growth of the market in the APAC region. Additionally, factors such as the rapidly growing housing market and several government initiatives have also contributed significantly to the market growth in APAC. For instance, in June 2022, the Japanese government announced a plan to spend USD 36 billion over the next decade to build new homes and renovate existing ones to make them more energy-efficient and earthquake-resistant. Hence, such factors is expected to drive the market in the region during the forecast period.
Market Definition
Anti-corrosion coatings are defined as a unique class of materials to prevent the electrochemical reactions that adversely decorate metals' structural integrity and change their corrosion-induced appearance. This property of anti-corrosion coating makes it applicable in various end-user industries such as industrial, energy (power plants, solar, wind turbines), marine, construction, automotive, and oil and gas.
Market Dynamics
Anti-corrosion coatings are crucial for protecting various structures and materials from degradation in corrosive environments. They are widely used in industries such as railways, bridges, and roads to prevent rust and deterioration caused by factors like salt spray, moisture, and oxidation. With the growth in population and industrial activities, the demand has increased. These are available in different forms, including waterborne, solvent-based, and powder layers, each offering unique benefits. They are applied to architectural metals and buildings during construction to enhance durability and longevity. Epoxy, acrylic, and zinc coatings are among the commonly used materials for anti-corrosion protection. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
The growing real estate and construction industry is a key factor boosting the growth of the market. The global real estate and construction industry is experiencing growth, resulting in increased demand for anti-corrosion coatings in various applications. They are particularly favored in construction and structural projects. Developing countries like China and India are witnessing rapid urbanization and infrastructure investments, boosting the construction sector. The expanding global population drives the need for housing and infrastructure. Architectural anti-corrosion layers, such as acrylic coatings, are indeed highly desirable for both interior and exterior applications due to their seamless and reflective properties. These are particularly effective in corrosive environments, providing protection for buildings and construction materials. Acrylic material is commonly used in these layers, which can be applied using solvent-based technology, offering versatility and durability in various architectural applications. They effectively handle roof contraction, expansion, and water penetration during thermal changes. The durability and reflectivity of acrylic layers provide cost-effective and valuable solutions.
With an estimated 65%-70% increase in the urban population by 2050, the demand for quality infrastructure and residential/non-residential projects is expected to surge. The rise in single and two-person households worldwide also contributes to the growth in housing construction. These factors are anticipated to drive the global anti-market in the forecast period.
Significant Market Trends
Increasing focus on bio-based and eco-friendly products is a key trend in the market. The market is witnessing a consumer shift towards environmentally friendly and sustainable products. Research studies have highlighted the commercial applications of bio-based resins and polymers in layers. Consumers today prioritize the environmental and health impacts of their purchases. Stringent environmental regulations in developed regions further boost the overall market for anti-corrosion layers.
The demand for bio-based, recyclable, and renewable coating materials is increasing in the US and Europe. Bio-based polymer coatings are also gaining traction in food packaging, consumer goods, and other industries due to environmental and regulatory considerations. Industry players like Arkema are actively adopting sustainable practices and developing eco-friendly products to stay competitive. These factors drive market growth and focus on sustainability during the forecast period.
Major Market Challenge
Stringent regulations affecting market growth are a major market challenge hindering the growth of the market. Anti-corrosion coatings protect surfaces from weathering and chemicals but often contain toxic additives. Stringent regulations in Western Europe and North America aim to reduce the hazardous effects of solvent-borne layers, leading to the development of low-VOC and eco-friendly alternatives. The harmful effects of volatile organic compounds (VOCs) on health and the environment pose challenges to the market. Safety procedures and regulatory frameworks, such as OSHA and EPA in North America, slow market penetration. The strict regulatory environment is expected to hinder market growth.
Key Market Companies
companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches to enhance their presence in the market.
Metcoat- The company offers anti corrosion coatings, such as Fluorokote, used for industrial and metal coating.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Akzo Nobel NV, Ashland Inc., Axalta Coating Systems Ltd., BASF SE, Beckers Group, Cor Pro Systems, Hempel AS, Jotun AS, Kansai Paint Co. Ltd., LKAB Minerals, Metal Coatings Corp., NEI Corp., PPG Industries Inc., RPM International Inc., SK FORMULATIONS India PVT. LTD., The DECC Co., The Sherwin Williams Co., The Sixth Element Changzhou Materials Technology Co. Ltd., Wacker Chemie AG, and WEICON GmbH and Co. KG
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Product Outlook
- Epoxy
- Polyurethane
- Alkyd
- Acrylic
- Others
- Type Outlook
- Marine
- Construction
- Industrial
- Oil and gas
- Automobile and transportation
- Geography Outlook
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview
The market is driven by factors such as population growth and the need for low carbon solutions, which have led to a shift towards water borne coatings. These offer environmental benefits compared to traditional solvent based technology by reducing VOC emissions. They provide excellent protection for metal components in various industries, including aerospace and defense, electric vehicles (EVs), and the energy sector. The market also sees demand for powder anti-corrosion coatings, known for their high energy cure properties and use in automobile and marine coatings. Additionally, offshore expansion and growth in the maritime sector contribute to the market's expansion, with coatings like chlorinated rubber and epoxy coatings offering superior water and chemical resistance.
Moreover, the market is influenced by the availability and cost of crude oil and natural gas, which are key raw materials for producing coatings. Industrial chemicals demand for these coatings is driven by the need for mechanical qualities such as water resistance and corrosion protection in various applications. Epoxy materials are commonly used in anti-corrosion coatings due to their durability and adhesion properties. Other important coatings include polyurethanes and alkyds, which find applications in automobile coatings, ink printing, and roadway infrastructure. The market also sees growth in powder anti-corrosion coatings, known for their high energy cure properties, offering environmentally friendly alternatives to traditional solvent-borne coatings.
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Market Scope |
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Report Coverage |
Details |
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Page number |
172 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.66% |
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Market growth 2023-2027 |
USD 7.82 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.12 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 50% |
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Key countries |
US, China, Japan, India, and Germany |
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Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Akzo Nobel NV, Ashland Inc., Axalta Coating Systems Ltd., BASF SE, Beckers Group, Cor Pro Systems, Hempel AS, Jotun AS, Kansai Paint Co. Ltd., LKAB Minerals, Metal Coatings Corp., NEI Corp., PPG Industries Inc., RPM International Inc., SK FORMULATIONS India PVT. LTD., The DECC Co., The Sherwin Williams Co., The Sixth Element Changzhou Materials Technology Co. Ltd., Wacker Chemie AG, and WEICON GmbH and Co. KG |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global anti-corrosion coatings market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global anti-corrosion coatings market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Epoxy - Market size and forecast 2022-2027
- Exhibit 34: Chart on Epoxy - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Epoxy - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Epoxy - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Epoxy - Year-over-year growth 2022-2027 (%)
- 6.4 Polyurethane - Market size and forecast 2022-2027
- Exhibit 38: Chart on Polyurethane - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Polyurethane - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Polyurethane - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Polyurethane - Year-over-year growth 2022-2027 (%)
- 6.5 Alkyd - Market size and forecast 2022-2027
- Exhibit 42: Chart on Alkyd - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Alkyd - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Alkyd - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Alkyd - Year-over-year growth 2022-2027 (%)
- 6.6 Acrylic - Market size and forecast 2022-2027
- Exhibit 46: Chart on Acrylic - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Acrylic - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Acrylic - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Acrylic - Year-over-year growth 2022-2027 (%)
- 6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.8 Market opportunity by Product
- Exhibit 54: Market opportunity by Product ($ million)
- Exhibit 55: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 56: Chart on Type - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 58: Chart on Comparison by Type
- Exhibit 59: Data Table on Comparison by Type
- 7.3 Marine - Market size and forecast 2022-2027
- Exhibit 60: Chart on Marine - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Marine - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Marine - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Marine - Year-over-year growth 2022-2027 (%)
- 7.4 Construction - Market size and forecast 2022-2027
- Exhibit 64: Chart on Construction - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Construction - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Construction - Year-over-year growth 2022-2027 (%)
- 7.5 Industrial - Market size and forecast 2022-2027
- Exhibit 68: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Chart on Industrial - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
- 7.6 Oil and gas - Market size and forecast 2022-2027
- Exhibit 72: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
- Exhibit 75: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
- 7.7 Automobile and transportation - Market size and forecast 2022-2027
- Exhibit 76: Chart on Automobile and transportation - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Data Table on Automobile and transportation - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Chart on Automobile and transportation - Year-over-year growth 2022-2027 (%)
- Exhibit 79: Data Table on Automobile and transportation - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by Type
- Exhibit 80: Market opportunity by Type ($ million)
- Exhibit 81: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 83: Chart on Market share by geography 2022-2027 (%)
- Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 85: Chart on Geographic comparison
- Exhibit 86: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 95: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 103: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 111: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 119: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 120: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 121: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 122: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 India - Market size and forecast 2022-2027
- Exhibit 123: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 124: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 125: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 126: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 127: Market opportunity by geography ($ million)
- Exhibit 128: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 129: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 131: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 132: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 133: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 134: Matrix on vendor position and classification
- 12.3 Akzo Nobel NV
- Exhibit 135: Akzo Nobel NV - Overview
- Exhibit 136: Akzo Nobel NV - Business segments
- Exhibit 137: Akzo Nobel NV - Key news
- Exhibit 138: Akzo Nobel NV - Key offerings
- Exhibit 139: Akzo Nobel NV - Segment focus
- 12.4 Ashland Inc.
- Exhibit 140: Ashland Inc. - Overview
- Exhibit 141: Ashland Inc. - Business segments
- Exhibit 142: Ashland Inc. - Key news
- Exhibit 143: Ashland Inc. - Key offerings
- Exhibit 144: Ashland Inc. - Segment focus
- 12.5 Axalta Coating Systems Ltd.
- Exhibit 145: Axalta Coating Systems Ltd. - Overview
- Exhibit 146: Axalta Coating Systems Ltd. - Business segments
- Exhibit 147: Axalta Coating Systems Ltd. - Key offerings
- Exhibit 148: Axalta Coating Systems Ltd. - Segment focus
- 12.6 BASF SE
- Exhibit 149: BASF SE - Overview
- Exhibit 150: BASF SE - Business segments
- Exhibit 151: BASF SE - Key news
- Exhibit 152: BASF SE - Key offerings
- Exhibit 153: BASF SE - Segment focus
- 12.7 Beckers Group
- Exhibit 154: Beckers Group - Overview
- Exhibit 155: Beckers Group - Product / Service
- Exhibit 156: Beckers Group - Key offerings
- 12.8 Cor Pro Systems
- Exhibit 157: Cor Pro Systems - Overview
- Exhibit 158: Cor Pro Systems - Product / Service
- Exhibit 159: Cor Pro Systems - Key offerings
- 12.9 Hempel AS
- Exhibit 160: Hempel AS - Overview
- Exhibit 161: Hempel AS - Product / Service
- Exhibit 162: Hempel AS - Key offerings
- 12.10 Jotun AS
- Exhibit 163: Jotun AS - Overview
- Exhibit 164: Jotun AS - Business segments
- Exhibit 165: Jotun AS - Key offerings
- Exhibit 166: Jotun AS - Segment focus
- 12.11 Kansai Paint Co. Ltd.
- Exhibit 167: Kansai Paint Co. Ltd. - Overview
- Exhibit 168: Kansai Paint Co. Ltd. - Business segments
- Exhibit 169: Kansai Paint Co. Ltd. - Key offerings
- Exhibit 170: Kansai Paint Co. Ltd. - Segment focus
- 12.12 Metal Coatings Corp.
- Exhibit 171: Metal Coatings Corp. - Overview
- Exhibit 172: Metal Coatings Corp. - Product / Service
- Exhibit 173: Metal Coatings Corp. - Key offerings
- 12.13 NEI Corp.
- Exhibit 174: NEI Corp. - Overview
- Exhibit 175: NEI Corp. - Product / Service
- Exhibit 176: NEI Corp. - Key offerings
- 12.14 PPG Industries Inc.
- Exhibit 177: PPG Industries Inc. - Overview
- Exhibit 178: PPG Industries Inc. - Business segments
- Exhibit 179: PPG Industries Inc. - Key offerings
- Exhibit 180: PPG Industries Inc. - Segment focus
- 12.15 RPM International Inc.
- Exhibit 181: RPM International Inc. - Overview
- Exhibit 182: RPM International Inc. - Business segments
- Exhibit 183: RPM International Inc. - Key offerings
- Exhibit 184: RPM International Inc. - Segment focus
- 12.16 SK FORMULATIONS INDIA PVT. LTD.
- Exhibit 185: SK FORMULATIONS INDIA PVT. LTD. - Overview
- Exhibit 186: SK FORMULATIONS INDIA PVT. LTD. - Product / Service
- Exhibit 187: SK FORMULATIONS INDIA PVT. LTD. - Key offerings
- 12.17 The Sherwin Williams Co.
- Exhibit 188: The Sherwin Williams Co. - Overview
- Exhibit 189: The Sherwin Williams Co. - Business segments
- Exhibit 190: The Sherwin Williams Co. - Key news
- Exhibit 191: The Sherwin Williams Co. - Key offerings
- Exhibit 192: The Sherwin Williams Co. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 193: Inclusions checklist
- Exhibit 194: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 195: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 196: Research methodology
- Exhibit 197: Validation techniques employed for market sizing
- Exhibit 198: Information sources
- 13.5 List of abbreviations
- Exhibit 199: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
anti-corrosion coatings market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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