Enjoy complimentary customisation on priority with our Enterprise License!
The corrosion protective coatings and acid proof lining market size is forecast to increase by USD 4.96 billion, at a CAGR of 5.7% between 2024 and 2029.
The market continue to evolve, driven by the diverse requirements of various sectors. Epoxy coatings, known for their excellent adhesion and impact resistance, are widely used in chemical processing industries for corrosion mitigation. Magnetic particle testing and penetrant testing are essential for ensuring coating quality and detecting defects. Brush application and airless spraying are popular techniques for coating application, with ASTM standards providing guidelines for consistent results. Fluoropolymer coatings offer exceptional chemical resistance, making them suitable for extreme environments. Coating specifications and curing processes vary, with factors such as pigment concentration, solvent content, and curing time influencing performance.
Corrosion prevention is crucial in mining and metallurgy, where acid proof grout and linings are essential for protecting against chemical attacks. Inorganic coatings and thermal spray coatings provide superior temperature resistance for power generation applications. Coating maintenance and inspection are ongoing processes, with ultrasonic testing and eddy current testing used for non-destructive evaluation. Acid proof tile, brick, and mortar are integral components of wastewater treatment systems, while high-performance coatings offer UV resistance for outdoor applications in industries such as oil and gas, pulp and paper, and food processing. Coating removal and application techniques like sand blasting, shot blasting, and abrasive blasting are essential for surface preparation.
The evolving market dynamics reflect the continuous demand for advanced coating solutions that offer superior corrosion resistance, impact resistance, and chemical resistance.
The corrosion protective coatings and acid proof lining industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The cpc segment is estimated to witness significant growth during the forecast period.
Corrosion protective coatings play a crucial role in safeguarding metal and concrete surfaces from environmental degradation, chemical exposure, and mechanical wear. These coatings bolster durability and extend the lifespan of infrastructure and industrial equipment. The market encompasses a diverse array of coatings, each tailored to address specific corrosion protection requirements. Epoxy coatings, for instance, are renowned for their robust adhesion, chemical resistance, and ability to form a protective layer against corrosion. Their widespread usage can be attributed to their effectiveness in industries such as marine, oil and gas, chemical, and power generation. In these sectors, equipment and structures often encounter harsh chemicals and corrosive elements, making epoxy coatings an indispensable choice for corrosion prevention.
Waterjet cutting, solvent cleaning, and surface cleaning are essential steps in the preparation process for applying these coatings. Coating adhesion is a critical factor in ensuring the effectiveness of the protective layer. Mining and metallurgy industries, where the equipment is subjected to extreme conditions, heavily rely on chemical-resistant coatings for optimal performance. Vinyl ester coatings, with their high temperature resistance and excellent chemical resistance, are increasingly popular in wastewater treatment applications. Penetrant testing, dip coating, and nondestructive testing techniques are employed to assess coating thickness and quality. ISO and NACE standards provide guidelines for coating application and inspection.
In the chemical process industries, coating life cycle and pigment concentration are essential factors in selecting the appropriate coating formulation. Coating maintenance, including spray application, corrosion monitoring, and electrostatic spraying, is crucial for ensuring the continued effectiveness of the protective layer. Thermal spray coatings and ceramic coatings offer enhanced abrasion resistance and UV resistance, respectively. Corrosion prevention is a top priority in industries such as food processing and pharmaceutical manufacturing, where the consequences of equipment failure can be severe. Surface preparation, including sand blasting, shot blasting, and abrasive blasting, is a crucial step in ensuring the effectiveness of the protective coating.
Coating removal and application techniques, such as brush application, airless spraying, and HVLP spraying, are essential for achieving a uniform, high-quality coating. Inorganic coatings, acid-resistant coatings, and epoxy coatings are popular choices for various applications due to their unique properties. Coating specifications, such as impact resistance and magnetic particle testing, ensure the coatings meet the required standards. Coating durability, curing process, and coating drying time are essential factors in evaluating the overall performance of the protective coating. Corrosion mitigation strategies, including acrylic coatings and polyurethane coatings, are increasingly being adopted to minimize the need for costly repairs and replacements.
Fluoropolymer coatings offer superior chemical resistance and temperature resistance, making them suitable for use in extreme environments. In conclusion, the corrosion protective coatings market is a dynamic and evolving landscape, driven by the diverse needs of various industries. The selection of the appropriate coating formulation, application technique, and maintenance strategy is crucial for ensuring the longevity and effectiveness of the protective layer.
The CPC segment was valued at USD 9.3 billion in 2019 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 41% 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.
The market in the Asia-Pacific (APAC) region is experiencing significant growth due to rapid industrialization, extensive infrastructure development, and robust demand from key end-use industries such as mining and metallurgy, oil and gas, chemical process industries, power generation, and marine. Organic coatings, including vinyl ester coatings, play a crucial role in this market, providing chemical resistance and excellent coating adhesion. Waterjet cutting and solvent cleaning are essential surface preparation methods used in coating application. ISO standards and NACE standards ensure consistent coating quality and performance. Coating thickness and durability are critical factors in the market, with SSPC and ASTM standards setting industry benchmarks.
Coating formulations, such as epoxy and polyurethane, offer varying levels of impact resistance, temperature resistance, and UV resistance. In the mining and metallurgy sector, sand blasting and abrasive blasting are common surface preparation methods for applying chemical-resistant coatings. Mining companies invest in nondestructive testing techniques like ultrasonic testing, eddy current testing, and magnetic particle testing to monitor coating thickness and detect defects. The oil and gas industry relies on hot-dip galvanizing and thermal spray coatings for corrosion control. In the chemical process industries, coating inspection and chemical cleaning are essential for maintaining coating performance. Coating maintenance, including regular inspection and repair, is crucial for maximizing coating life cycle and reducing replacement costs.
The APAC market is witnessing increased adoption of high-performance coatings, such as ceramic and fluoropolymer coatings, for their superior chemical resistance and abrasion resistance. These coatings are widely used in various industries, including power generation, water treatment, and food processing. In the power generation sector, acid proof grout and acid proof mortar are used for lining boilers and cooling towers to prevent corrosion. The pharmaceutical manufacturing industry also utilizes acid-resistant coatings to ensure product purity and maintain equipment integrity. In conclusion, the market in the APAC region is witnessing robust growth, driven by industrial expansion and increasing demand from various end-use industries.
The market is characterized by continuous innovation, with new coating technologies and applications emerging to address the evolving needs of different industries.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The corrosion protective coatings and acid proof lining market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the corrosion protective coatings and acid proof lining market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, corrosion protective coatings and acid proof lining market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Akzo Nobel NV - The company specializes in the application of corrosion protective coatings and acid-proof linings. Notable offerings include Thick Film Reinforced Linings Enviroline 376F-60 and 450HTR, Thick Film Linings Interline 984, 975(P), 955, and others. These advanced coatings and linings provide superior protection against corrosion and chemical attack, ensuring durability and longevity for various industrial applications. Our team of experts utilizes cutting-edge technologies and rigorous quality control processes to deliver optimal performance and reliability. These solutions cater to diverse industries, enhancing operational efficiency and reducing maintenance costs.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
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 industry 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.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Corrosion Protective Coatings And Acid Proof Lining Market insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
242 |
|
Base year |
2024 |
|
Historic period |
2019-2023 |
|
Forecast period |
2025-2029 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 5.7% |
|
Market growth 2025-2029 |
USD 4956 million |
|
Market structure |
Fragmented |
|
YoY growth 2024-2025(%) |
5.4 |
|
Key countries |
US, China, India, Germany, UK, Japan, Canada, France, South Korea, and Spain |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this corrosion protective coatings and acid proof lining market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Additional Value/Volume Data
8 Five Forces Analysis
9 Market Segmentation by Product Type
10 Market Segmentation by Technology
11 Market Segmentation by End-user
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
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
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.