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Fatpos Global

Global and Japan High-Performance Anti-Corrosion Coatings Market Analysis, Status and Global Outlook 2020 to 2030

August 16th, 2021 6:27 AM

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. High-performance anti-corrosion coatings are used to avoid damage from exposure to corrosive conditions, such as acid rain, metal structures, tanks, pipes, and processing equipment. They are mainly used in chemical plants, oil refineries, public utilities, paper mills, and other projects. They are often used to secure vessels, offshore oil drilling facilities, platforms for development, and other structures used in marine ecosystems.

Fatpos Global anticipates the Global and Japan High-Performance Anti-Corrosion Coatings market to surpass USD Billion by 2030, which is valued at billion in 2019 at a compound annual growth rate. 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. Also, the demand for the projected timeline will likely be influenced by factors such as upsurge in population and market supply incomes in developing countries. 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.

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  • Market size & share analysis
  • Top market players with sales, revenue, and business strategies analysis
  • Market growth drivers and restraints
  • Market opportunities & challenges
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Global and Japan High-Performance Anti-Corrosion Coatings Market: Key Players

  • AkzoNobel N.V
  • PPG Industries Inc.
  • Jotun A/S
  • Hempel A/S
  • Nippon Paint Holdings Co., Ltd
  • 3M.
  • Chugoku Marine Paints
  • The Sherwin-Williams Company
  • Nippon Paint
  • PPG Industries Inc.
  • AICA Kogyo
  • Other prominent players

Global and Japan High-Performance Anti-Corrosion CoatingsMarket: Segments

Global and Japanese market has been segmented based on type, the technology used, and location. It has been further segmented by countries into the UK, France, Italy, Spain, Germany, and others

By Type(in %), Global and Japan High-Performance Anti-Corrosion CoatingsMarket, 2019

Epoxy coating is anticipated to register the volume share.

Global and Japan High-Performance Anti-Corrosion CoatingsMarket is segmented by type into Epoxy coatings, Acrylic coatings, Urethane coatings, other 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.

By Technology Used(in %), Global and Japan High-Performance Anti-Corrosion Coatings Market, 2019

Conventional Solid Solvent Bornesegment accounted for the nation’s volume in 2019

Global and Japan High-Performance Anti-Corrosion Coatings market is segmented by technology used into Radiation Cured, High Solid Solvent Borne, Waterborne, Conventional Solid Solvent Borne, Powder Coating, and Others Conventional solid solvent-borne High-Performance Anti-Corrosion Coatings are produced from crude oil-based hydrocarbon compounds. The core of this solution hydrocarbon contains all of the solids of the sheet, such as additives, binders, etc. Also, the solvent offers a certain viscosity for High-Performance Anti-Corrosion Coatings, making it possible for some products to quickly apply the coatings and enable rapid drying. It will increase the demand for traditional solid solvent-borne metal layers and will likely contribute to growth in the industry. In automobile parts, industrial coatings, and printing inks, solvent-borne formulations are widely used. Thus, the increased use of solvent-borne innovation is expected to encourage the growth of the solvent-borne technology market.

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Global and Japan High-Performance Anti-Corrosion CoatingsMarket: Market Dynamics

Drivers

  • Need for a sustainable metal/ concrete

The safety metal coating protects the metal from environmental and other harmful agents 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 is one of the most important innovations in this field. This increases the life of metal and thus finds its application in various end-user industries and thus demand long-lasting High-Performance Anti-Corrosion Coatings is continuously increasing.

Restraints

  • 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. Furthermore, low quality or inferior coating tends to remove quickly when subjected to external environment conditions thus hampering the market growth.

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Global and Japan High-Performance Anti-Corrosion Coatings market report also contain analysis on:

Global and Japan High-Performance Anti-Corrosion CoatingsMarket Segments:

    • technology used:
      • Radiation Cured
      • High Solid Solvent Borne
      • Waterborne
      • Conventional Solid Solvent Borne
      • Powder Coating
      • Others
    • type into:
      • Epoxy coatings
      • Acrylic coatings
      • Urethane coatings
      • others

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About us

Fatpos Global stands for “Failures Are The Pillar of Success”. We are a rapidly-growing global management consulting, advisory, and market research services provider that aims to aid businesses with bold decisions that help them embrace change for their sustainable growth. With the help of our experts and industry veterans and their years of expertise across different industry verticals, we aid businesses with solutions that help in their efficient decision making and Developing executable strategies. With a vibrant ecosystem of robust digital innovation and a vision for the delivery of management consulting, advisory, and market research services and solutions in better, faster, and transformational growth strategies, we thrive to enable our extraordinary thought leadership processes into our services with the equitable analytical tools and experiences that help us make our clients achieve their goals turn into a reality

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