Pune, India -- (SBWIRE) -- 04/09/2019 -- Anti-corrosion coating is defined as a coating material in liquid or solid which when spread on a surface adheres and hardens forms a film that protect the surface form corrosion.

Key players in details:

AkzoNobel, PPG, Sherwin-Williams, Henkel, Valspar, Jotun, RPM International, Nippon Paint, BASF, Chugoku, Hempel, Axalta, Sika, Kansai Paint, KCC Corporation, 3M, HB Fuller, Carpoly, Shenzhen Zhanchen paints, Shawcor, Shanghai Coatings, Xiangjiang Paint, SK KAKEN, Tiannucoating, DAW SE, Cromology, Baotashan, Twin Tigers Coatings, Jangsu Lanling Group, Qilushuiqi and Others.

The worldwide market for Anti-Corrosion Coating is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 96600 million US$ in 2024, from 72900 million US$ in 2019, according to recent research.

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Market is segmented on the basis Type, Application and Region:

Global Anti-Corrosion Coating Market segment by type: Water-Based Coating, Solvent-Based Coating, Others.

Global Anti-Corrosion Coating Market Segment by Applications: Marine, Containers, Offshore Constructions, Industrial, Others.

Scope of the report:

In 2015, the global sale volume of anti-corrosion coating is about 9192.3 K MT and is anticipated to reach 14363.4 K MT in 2022.

China is the dominate consumer in anti-corrosion coating industry. The sales volume of China was 3288.4 K MT in 2015, occupied about 35.77% of the total amount. Europe is the second one, with the sales volume of 1778.9 K MT, and the sales market share of 19.35% in 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.

The global average sale price of anti-corrosion coating is in the decreasing trend, from 8039 USD/MT in 2011 to 7240 USD/MT in 2015. With the situation of competition, prices will be in decreasing trend in the following five years.

Currently, with the excellent anti-corrosion properties, solvent-based coatings occupy the largest market share which was about 77.84% in 2015, and is widely used in marine, containers and other applications with stringent anti-corrosion requirement. While, with the increasingly stringent environment requirements and technology improved, water-based coatings will play an more and more important role in this industry.

Chemical industrial accounted for the largest market with about 35.33% of the global consumption volume for anti-corrosion coatings in 2015. With over 27.05% share in the anti-corrosion coatings market, marine was the second largest application market in 2015.

Geographically, this report is segmented into several key Regions, with Sales, Sales, revenue, Market Share (%) and Growth Rate (%) of product in these regions, from 2017 to 2024 (forecast), covering United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).

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There are 15 Chapters to deeply display the global Anti-Corrosion Coating market:

Chapter 1, to describe Anti-Corrosion Coating Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Anti-Corrosion Coating, with sales, revenue, and price of Anti-Corrosion Coating Market, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Anti-Corrosion Coating, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the Anti-Corrosion Coating Market  by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Anti-Corrosion Coating market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;

Chapter 13, 14 and 15, to describe Anti-Corrosion Coating Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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