Cambodia Anti-Corrosion Coating Market is expected to grow with the CAGR of 5.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Cambodia anti-corrosion coating market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Cambodia anti-corrosion coating market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in November 2019, Akzo Nobel N.V. has completed an acquisition with Mauvilac intending to strengthen up the production facility in Sub Saharan Africa. The acquisition has helped in increasing the revenue of the business.
Akzo Nobel N.V. is the dominating player in Cambodia anti-corrosion coating market. The other key players existing in the market is PPG Industries, Inc, The Sherwin-Williams Company, BASF SE, Hempel A/S, Jotun, JCMNIPPON and Wacker Chemie AG, among others.
Akzo Nobel N.V.
Akzo Nobel N.V. founded in 1994. Akzo Nobel N.V. headquartered in Arnhem, Netherlands which is involved in the business which provides wide range of paints and coatings and provides variety of products such as Antifouling/foul release, Coil, Concrete repair and protection, Corrosion protection, Immersed conditions, Paints and lacquers, Linings, Packaging, Powder, Sign Finishes, Tank linings, Temperature resistant, Wood coatings. The market focused product is Corrosion protection in anti-corrosion coating market.
- In November 2019, Akzo Nobel N.V. company has decided to invest USD 55.985 million in the U.S. wood coating site. This update has helped in increasing the customer base which generates revenue of the business.
The company has wide presence across the globe such as Asia-Pacific, Europe, South America and North America.
JCMNIPPON (Subsidiary of Nippon Paint Holdings Co., Ltd.)
JCMNIPPON (Subsidiary of Nippon Paint Holdings Co., Ltd.) founded in 1998 and is headquartered in Phnom Penh, Cambodia. The company is involved in the sales as well as distribution of variety of paints as well as coatings products that provides variety of products such as Home Paint, Waterproofing, Protective Paint And Industry, Painting Tools among which Protective Paint And Industry is market focused.
- In November 2019, JCMNIPPON had taken part in the National Career and Productivity Fair 2019 which was on 2nd -3rd November 2019. The exhibition has helped in increasing the customer base which generates revenue of the business.
The company has wide presence in Cambodia.
PPG Industries, Inc.
PPG Industries, Inc. founded in 1883 and is headquartered in Pittsburgh, U.S. The company is engaged in the manufacturing of diversified products for protection of world. The company provides variety of products such as Aerospace, Architectural Coatings, Automotive OEM Coatings, Automotive Refinish, Industrial Coatings, Packaging Coatings, Protective and Marine Coatings, Specialty Coatings and Materials, Coatings Services and Protective and Marine Coatings is focused.
- In November 2020, PPG Industries, Inc. had launched a new PPG AQUACOVER which is a waterborne coating system especially for shipping containers in China that offers anti-corrosion performance. This update has helped in enhancing the production capacity which generates the revenue of the company.
The company has wide presence in Latin America, Asia-Pacific, North America (U.S. and Canada), Middle East and Africa, Europe.
