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Global Anti-Corrosion Coatings Market 2017-2021

Global Anti-Corrosion Coatings Market 2017-2021

About Anti-corrosion Coatings

Anti-corrosion coatings offer chemical resistance and protect metal surfaces from deterioration caused by corrosion. These coatings (mostly applied on metal surfaces) provide protection against moisture, oxidation, salt sprays, and chemical exposure. They provide a barrier to the metal surfaces by obstructing the contact between chemical compounds.

Technavio’s analysts forecast the global anti-corrosion coatings market to grow at a CAGR of 5.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global anti-corrosion coatings market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Anti-corrosion Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • BASF
  • RPM International
  • The Dow Chemical Company
  • The Sherwin-Williams Company
Other prominent vendors
  • 3M
  • Ashland
  • Axalta Coating Systems
  • Bluchem
  • Clariant
  • Diamond Vogel
  • DuPont
  • Hempel
  • Jotun
  • KANSAI PAINT
  • Nippon Paint
  • PPG Industries
  • Royal DSM
  • Solvay
  • Wacker Chemie
Market driver
  • Growth in marine industry
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for waterborne anti-corrosion coatings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Anti-corrosion Coatings Market 2017-2021

Technavio recognizes the following companies as the key players in the global anti-corrosion coatings market: Akzo Nobel, BASF, RPM International, The Dow Chemical Company, and The Sherwin-Williams Company.

Other Prominent Vendors in the market are: 3M, Ashland, Axalta Coating Systems, Bluchem, Clariant, Diamond Vogel, DuPont, Hempel, Jotun, KANSAI PAINT, Nippon Paint, PPG Industries, Royal DSM, Solvay, and Wacker Chemie.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing demand for waterborne anti-corrosion coatings. Waterborne anti-corrosion coatings are in high demand as these comply with the stringent VOC emission control guidelines. These coatings have very low levels of volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). The water-based coatings improve the lifespan and durability of the products.”

According to the report, one of the major drivers for this market is Growth in marine industry. Anti-corrosion coatings are extensively used in the marine industry and are mainly used for commercial ships and vessels such as freight carriers, cruise ships, tows, yachts, and boats. These coatings protect hulls and yachts from deterioration or corrosion caused by extremely harsh conditions such as high temperature, varying pressure, high content of salt in water, and organic development caused by moisture. Anti-corrosion coatings applied on several parts of the ships increase their lifespan and durability.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuating prices of raw materials. Unswerving price variations of raw materials used in the manufacture of anti-corrosion pose serious challenges to the manufacturers of anti-corrosion coatings. Benzene, toluene, ethylene, and naphthalene are the major raw materials used in the production of anti-corrosion coatings and are extracted from petrochemical derivatives. The prices of these petrochemical derivatives are highly dependent on the prices of crude oil and natural gas.

Companies Mentioned

Akzo Nobel, BASF, RPM International, The Dow Chemical Company, The Sherwin-Williams Company, 3M, Ashland, Axalta Coating Systems, Bluchem, Clariant, Diamond Vogel, DuPont, Hempel, Jotun, KANSAI PAINT, Nippon Paint, PPG Industries, Royal DSM, Solvay, and Wacker Chemie.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Benefits of anti-corrosion coatings
  • Market landscape
    • Market overview
      • Table Segmentation of global anti-corrosion coatings market
    • Market size and forecast
      • Table Global anti-corrosion coatings market 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global anti-corrosion coatings market by product
      • Table Global anti-corrosion coatings market by product 2016 (% share of revenue)
      • Table Global anti-corrosion coatings market by product 2021 (% share of revenue)
      • Table Global anti-corrosion coatings market by product 2016-2021 (% share of revenue)
    • Global epoxy anti-corrosion coatings market
      • Table Global epoxy anti-corrosion coatings market 2016 and 2021 ($ millions)
      • Table Global epoxy anti-corrosion coatings market 2016-2021
    • Global polyurethane anti-corrosion coatings market
      • Table Global polyurethane anti-corrosion coatings market 2016 and 2021 ($ millions)
      • Table Global polyurethane anti-corrosion coatings market 2016-2021
    • Global alkyd anti-corrosion coatings market
      • Table Global alkyd anti-corrosion coatings market 2016 and 2021 ($ millions)
      • Table Global alkyd anti-corrosion coatings market 2016-2021
    • Global acrylic anti-corrosion coatings market
      • Table Global acrylic anti-corrosion coatings market 2016 and 2021 ($ millions)
      • Table Global acrylic anti-corrosion coatings market 2016-2021
    • Global market for other anti-corrosion coatings
      • Table Global market for other anti-corrosion coatings 2016 and 2021 ($ millions)
      • Table Global market for other anti-corrosion coatings 2016-2021
  • Market segmentation by end-user
    • Global anti-corrosion coatings market by end-user
      • Table Global anti-corrosion coatings market by end-user 2016 (% share of revenue)
      • Table Global anti-corrosion coatings market by end-user 2021 (% share of revenue)
      • Table Market share of anti-corrosion coatings by end-user
    • Global anti-corrosion coatings market in marine segment
      • Table Global anti-corrosion coatings market in marine segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market in marine segment 2016-2021
    • Global anti-corrosion coatings market in construction segment
      • Table Global anti-corrosion coatings market in construction segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market in construction segment 2016-2021
    • Global anti-corrosion coatings market in industrial segment
      • Table Global anti-corrosion coatings market in industrial segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market in industrial segment 2016-2021
    • Global anti-corrosion coatings market in oil and gas segment
      • Table Global anti-corrosion coatings market in oil and gas segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market in oil and gas segment 2016-2021
    • Global anti-corrosion coatings market in automobile and transportation segment
      • Table Global anti-corrosion coatings market in automobile and transportation segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market in automobile and transportation segment 2016-2021
      • Table Automobile applications of anti-corrosion coatings
    • Global anti-corrosion coatings market in power segment
      • Table Global anti-corrosion coatings market in power segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings in power segment 2016-2021
      • Table Power generation applications of anti-corrosion coatings
    • Global anti-corrosion coatings market in others segment
      • Table Global anti-corrosion coatings market in others segment 2016 and 2021 ($ millions)
      • Table Global anti-corrosion coatings market in others segment 2016-2021
  • Geographical segmentation
    • Global anti-corrosion coatings market by geography
      • Table Global anti-corrosion coatings market by geography 2016 (% share of revenue)
      • Table Global anti-corrosion coatings market by geography 2021 (% share of revenue)
      • Table Global anti-corrosion coatings market by geography (% share of revenue)
    • Anti-corrosion coatings market in APAC
      • Table Anti-corrosion coatings market in APAC 2016 and 2021 ($ millions)
      • Table Anti-corrosion coatings market in APAC 2016-2021
    • Anti-corrosion coatings market in Europe
      • Table Anti-corrosion coatings market in Europe 2016 and 2021 ($ millions)
      • Table Anti-corrosion coatings market in Europe 2016-2021
    • Anti-corrosion coatings market in North America
      • Table Anti-corrosion coatings market in North America 2016 and 2021 ($ millions)
      • Table Anti-corrosion coatings market in North America 2016-2021
    • Anti-corrosion coatings market in ROW
      • Table Anti-corrosion coatings market in ROW 2016 and 2021 ($ millions)
      • Table Anti-corrosion coatings market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global motor vehicle sales 2015-2020 (millions of units)
    • Market challenges
  • Market trends
    • Increasing demand for waterborne anti-corrosion coatings
      • Table Advantages of using water-borne anti-corrosion coatings
    • Increasing investments in oil and gas industry
      • Table Oil field equipment
    • Growing focus on R&D
      • Table Latest product developments in anti-corrosion coatings market
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Key vendor analysis
    • Akzo Nobel
      • Table Akzo Nobel: Business segmentation by revenue 2016 (% share)
      • Table Akzo Nobel: Geographical segmentation by revenue 2016 (% share)
    • BASF
      • Table BASF: Business segmentation by revenue 2016 (% share)
      • Table BASF: Geographical segmentation by revenue 2016 (% share)
    • RPM International
      • Table RPM International: Business segmentation by revenue 2016 (% share)
      • Table RPM International: Geographical segmentation by revenue 2016 (% share)
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016 (% share)
      • Table The Dow Chemical Company: Geographic segmentation by revenue 2016 (% share)
    • The Sherwin-Williams Company
      • Table The Sherwin-Williams Company: Business segmentation by revenue 2016 (% share)
      • Table The Sherwin-Williams Company: Geographic segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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