Global and Japan High Performance Anti-Corrosion Coatings Market; by Technology Used (Radiation Cured, High Solid Solvent Borne, Waterborne, Conventional Solid Solvent Borne, Powder Coating, and Others); By Type (Epoxy coatings, Acrylic coatings, Urethane coatings, others); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
High-performing corrosion coatings require the use of advanced materials in various manufacturing plants for metal and concrete parts subjected to extreme corrosion. High Performance Anti-Corrosion Coatings are chemical compounds commonly used in metal and concrete processing for various applications. These coatings are broadly used for moisture and thermal impact protection of concrete and metal surfaces. This improves product longevity.
Fatpos Global anticipates the Global and Japan High Performance Anti-Corrosion Coatings market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, the increase in building and marine industry growth and the growing demand for petroleum and gas, power generation and other industries will drive the growth of the world market in high-performance anti-corrosion laminations.
Global and Japan High Performance Anti-Corrosion Coatings Market: Segments
Global and Japan market has been segmented on the basis of type, technology used, and by location. It has been further segmented by countries into UK, France, Italy, Spain, Germany, and others
By Type (in %), Global and Japan High Performance Anti-Corrosion Coatings Market, 2019
The Epoxy coating is anticipated to register XX% of the volume share.
Global and Japan High Performance Anti-Corrosion Coatings Market is segmented by type into: Epoxy coatings, Acrylic coatings, Urethane coatings, others. Epoxy coatings protect substrates from corrosive degradation of the environment. These coatings are very flexible and adhesive. Due to the growing demand for epoxy coatings from marine, oil & gas, and infrastructure industries, the epoxy sector is expected to lead the global corrosion control market through the forecast period. Epoxy coatings are commonly widely used worldwide to resist high-performance corrosion.
Global and Japan High Performance Anti-Corrosion Coatings Market: Market Dynamics
• Need for a sustainable metal/ concrete
The safety metal coating protects to the metal from environmental and other harmful agent is a significant factor for the growth of the Anti-Corrosion coating industry. Various technologies and methods are used for this purpose; Ultraviolet curing High Performance Anti-Corrosion Coatings are one of the most important innovations in this field.
• Stringent regulation
The market growth is anticipated to be impaired by stringent government and environmental policies. The expansion of Japan’s wood coating market is further hampered by high raw material prices and price volatility of petrochemicals.
Global and Japan High Performance Anti-Corrosion Coatings Market: Regions
The growth of the automotive and construction industries fuels the demand for High Performance Anti-Corrosion Coatings. High Performance Anti-Corrosion Coatings from the automotive industry are used in automotive doors and frame to provide the exterior of the car a shiny finish and give an aesthetic look. In the building industry, high-performance corrosion resistance coatings are commonly consumed. Such coatings are commonly used in the construction of infrastructure in this industry. In the next few years, an increase in the use of metal and steel in bridge, road, highway, waterway and railway projects will likely provide the key players with lucrative growth opportunities to invest in high-performance anti-corrosion coating market. A few components of the marine industries, container ships, cargoes, offshore, onshore, surface and submarine ships require protective layering because of their overall durability, thus boosting the overall regional growth.
The region segment can be further divided into four major types including Eastern Japan, Northern Japan, Western Japan and Southern Japan.
Global and Japan High Performance Anti-Corrosion Coatings Market: Competitive landscape
Key players depend on national and local suppliers in order to expand their share and their worldwide economy reach. Mergers and acquisitions are one of the main approaches used in this market. Inorganic growth approaches are being implemented by businesses in order to meet rising competition in the main emerging markets, such as purchases of metal anti-corrosion coating. These tactics helped businesses to build a wider base of customers and partners in the key markets. The needs of end user segments for metal coating change constantly, making continuous investment in R&D and innovative solutions essential for manufacturers.
Global and Japan High Performance Anti-Corrosion Coatings Market: Key Players
• AkzoNobel N.V
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• PPG Industries Inc.
• Jotun A/S
• Hempel A/S
• Nippon Paint Holdings Co., Ltd
• Chugoku Marine Paints
• The Sherwin-Williams Company
• Nippon Paint
• PPG Industries Inc.
• AICA Kogyo
• Other prominent players
Global and Japan High Performance Anti-Corrosion Coatings market report also contains analysis on:
• Global and Japan High Performance Anti-Corrosion Coatings Market Segments:
o By Technology used:
High Solid Solvent Borne
Conventional Solid Solvent Borne
o By Type into:
• Global and Japan High Performance Anti-Corrosion Coatings Market Dynamics
• Global and Japan High Performance Anti-Corrosion Coatings Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints