Global Pipe Coating Market, By Surface (Internal Surface Coatings, External Surface Coatings), By Form (Powder Coatings, Liquid Coatings), Type (Thermoplastic Polymer Coatings, Fusion Bonded Epoxy (FBE) Coatings, Concrete Coatings, Coal Tar Enamel, Asphalt Enamel, Vinyl Ester-Based, Metal Coatings, Others), End-Use (Oil and Gas Industry, Water and Wastewater Treatment, Chemical Processing, Mining, Agriculture, Infrastructure, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Pipe Coating Market
The pipe coating market is expected to witness market growth at a rate of 5.30% in the forecast period of 2022 to 2029. Data Bridge Market Research report on pipe coating market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of pipe coating market.
Pipe coating refers to the type of protective coating on to metal surfaces that are primarily required for preventing corrosion of pipes. Coatings could be done for pipes below and above the ground level internal coat and external coat. The coating is applied from single layer to triple layer for enduring harsh environments such as moisture, UV and solvents.
The increase in the demand for sewage treatment across the globe acts as one of the major factors driving the growth of pipe coating market. The rise in the inclination towards pipe coating owing to various advantages such as flow enhancement, reduced effect of abrasion and increased wear resistance accelerate the market growth. The high adoption of pipe coating in oil and gas industry for transportation of heavy oil, crude oil, and petroleum products further influence the market. Additionally, rapid industrialization, surge in investments, and implementation of strict government regulations for the environment and health safety (EHS) positively affect the pipe coating market. Furthermore, increase in the popularity of mobile coating technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high content of volatile organic compounds (VOCs) in pipe coatings is expected to obstruct the market growth. Unfavorable weather conditions and harsh terrains are projected to challenge the pipe coating market in the forecast period of 2022-2029.
This pipe coating market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on pipe coating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pipe Coating Market Scope and Market Size
The pipe coating market is segmented on the basis of surface, form, type and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of surface, pipe coating market is segmented into internal surface coatings and external surface coatings.
- Based on form, pipe coating market is segmented into powder coatings and liquid coatings.
- Based on the type, pipe coating market is segmented into thermoplastic polymer coatings, fusion bonded epoxy (FBE) coatings, concrete coatings, coal tar enamel, asphalt enamel, vinyl ester-based metal coatings and others. Thermoplastics polymer coatings are further segmented into polyethylene (PE) coatings, polypropylene coatings and polyurethane coatings.
- Pipe coating market on the basis of end-use is also segmented into oil and gas industry, water and wastewater treatment, chemical processing, mining, agriculture, infrastructure and others. Oil and gas segmented is divided into petroleum industry which is further segmented into upstream, midstream and downstream.
Pipe Coating Market Country Level Analysis
The pipe coating market is segmented on the basis of surface, form, type and end-use.
The countries covered in the global pipe coating market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific (APAC) dominates the pipe coating market due to the rise in government expenditure on new pipelines for water and water treatment industry within the region. North America is expected to witness high growth during the forecast period of 2022-2029 because of the rapid expansion of the oil and gas industry in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pipe Coating Market Share Analysis
The pipe coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pipe coating market.
Some of the major players operating in the pipe coating market report are PPG Industries, Inc., Akzo Nobel N.V. The Sherwin-Williams Company , Valspar Industrial. , Axalta Coating Systems, LLC , WASCO ENERGY GROUP OF COMPANIES, Arkema Group, 3M, SHAWCOR, Berry Plastics Cpg, Tenaris, Winn & Coales (Denso) Ltd, Aegion Corporation, Dura-Bond Industries, Eupec Pipecoatings France, L.B. Foster Company, Arabian Pipe Coating Company, Perma-Pipe, Inc, Jotun, and DuPont, among others.
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