Chicago, IL -- (SBWIRE) -- 09/22/2017 -- Corrosion on metal surfaces is very common and are caused due to temperature changes, prolonged use and oxidation due to chemicals. Corrosion can reduce the shelf life of an object and its durability. In addition, the stability of the surface also alters. Moreover, the increase in loss incurred due to corrosion specially in industries like aviation and automotive is increasing the maintenance expenditure of the companies. Hence, more companies are demanding for anti-corrosion coatings which is contributing towards the growth of the market worldwide. This report studies the current and future aspects of the anti-corrosion coating market.

The report on the global Anti-corrosion coating market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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The global anti-corrosion coating market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of the anti-corrosion coating market. The region continues to dominate the global market during the forecasted period because of the presence of many energy and power industries. Also, there is an increase in automotive, and aviation industries which are boosting the growth of the anti-corrosion coating market. In addition, there is an increase in awareness about the benefits of using anti-corrosion coatings to increase the shelf-life of the object. This feature is favoring the progress of the market.

MARKET SEGMENTATION

This report analyzes the anti-corrosion coating market by the following segments:

Anti-Corrosion Coating Market, By Type

1. Epoxy
2. Polyurethane
3. Acrylic
4. Alkyd
5. Zinc
6. Chlorinated Rubber
7. Others

Anti-Corrosion Coating Market, By Technology

1. Solvent-borne
2. Waterborne
3. Powder Coating

Anti-Corrosion Coating Market, By End-Use Industry

1. Marine
2. Oil & Gas
3. Industrial
4. Infrastructure
5. Power Generation
6. Automotive & Transportation
7. Others

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