Global Pipe and Tank Coatings Market, By Form (Powder, Liquid), Type (Thermoplastic Coatings, Metal Coatings, Fusion Bonded Epoxy, Concrete Weight Coatings), Application (Oil and Gas, Chemical Processing, Industrial, Municipal Water Supply), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Pipe and Tank Coatings Market
The pipe and Tank coatings market is expected to witness market growth at a rate of 4.84% in the forecast period of 2021 to 2028 and is expected to reach USD 16.30 billion by 2028. Data Bridge Market Research report on pipe and Tank coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising demand for energy across the globe is escalating the growth of pipe and Tank coatings market.
The pipeline coating acts as one of the suitable solution to protect ERW or seamless pipes from corrosion, moisture or other chemical reactions. The coated pipes are considered to be beneficial and cost effective for the transmission of oil, water, gas and other fluids. The coating assists in providing a protective layer to the pipe for preventing it from damaging effects of corrosion. They are extensively utilized in water sewage treatment industries and chemical industries.
The increasing demand for the method from oil and gas industry as coated pipes are required for the petroleum offshore and onshore production and refineries and high usage especially in the petroleum industry as pipes are required in upstream, midstream and downstream act as the major factors driving the pipe and Tank coatings market. The high utilization of the epoxy pipe coating as it is known to resist high temperatures, chemicals and corrosion and the rise in concerns regarding equipment failure and lost production time caused by pipeline corrosion which enhances the demand for pipeline corrosion protection and thus accelerating the pipe and Tank coatings market growth. Tubing, pipes, fasteners and equipment are affected by chemicals, water and sea salt spray which increase the demand of the process in various industries further influence the pipe and Tank coatings market. Additionally, expansion of oil and gas industry, high demand for energy globally, increase in investment by manufacturers, and increasing demand from water sewage treatment industries and chemical industries positively affect the pipe and Tank coatings market. Furthermore, technological advancement in the coating process and application and increase in oil and gas offshore exploration and production activities extend profitable opportunities to the pipe and Tank coatings market players in the forecast period of 2021 to 2028.
On the other hand, the rise in concerns regarding environment and exposure issues is expected to obstruct the pipe and Tank coatings market growth. The presence of volatile organic compounds in pipe is projected to challenge the pipe and Tank coatings market in the forecast period of 2021 to 2028.
This pipe and Tank coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on pipe and Tank coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pipe and Tank Coatings Market Scope and Market Size
The global pipe and Tank coatings market is segmented on the basis of form, type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of form, the pipe and Tank coatings market is segmented into powder and liquid.
- On the basis of type, the pipe and Tank coatings market is segmented into thermoplastic coatings, metal coatings, fusion bonded epoxy, and concrete weight coatings.
- On the basis of application, the pipe and Tank coatings market is segmented into oil and gas, chemical processing, industrial and municipal water supply.
Global Pipe and Tank Coatings Market Country Level Analysis
The global pipe and Tank coatings market is analyzed and market size, volume information is provided by country, form, type and application as referenced above.
The countries covered in the globally pipe and Tank coatings market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the pipe and Tank coatings market because of the increasing demand for pipeline infrastructure from oil and gas, chemical, mining, water and wastewater, agriculture and construction industries, growth of construction sector especially in developing nations, rising rate of oil and gas exploration and production activities, growth of construction industry, increasing water treatment facilities, growing environment regulations and rising water demand for industrial use in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pipe and Tank Coatings Market Share Analysis
The global pipe and Tank coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pipe and Tank coatings market.
The major players covered in the pipe and Tank coatings market report are PPG Industries, Inc., Akzo Nobel N.V., Axalta Coatings Systems, Cabot Corporation, Carboline Company, Coolshield International Pty., Ltd, Delta T andProtective Products Inc., Excel Enterprise, General Coatings, Jotun, Kansai Paint Co., Ltd., Lincoln Industries, Mascoat, Nippon Paint Holdings Co., Ltd., NPP Engineering, Sharpshell Industrial Solutions among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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