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Pipe Coatings Industry Global Market Size, Growth, Trends, Share And 2023 Forecasts Report
Market Research Future Published a Cooked Research Report on Pipe Coatings Market Research Report - Forecast to 2023
Liquid products like petroleum, alkalis, acid, and many other chemicals are supplied via pipeline. Pipe Coatings are required to protect pipelines from chemical reactions, corrosions, and environmental damages. Not only Pipe Coatings provide providing resistance to acids and alkalis, but they also offer broad temperature range functionality, good bendability, strong adhesion, and resistance to electricity. Internal Pipe Coatings also increase fluid flow. Usually, Epoxy coatings are in demand as they reduce friction between the flowing fluid and wall of the pipeline. Hence, such Pipe Coatings are useful for manufacturing those pipes that are transporting crude oil and hazardous chemicals from one region to another. Pipes with such coatings can also be useful for collecting as well as transporting polluted and turbid water from different sources to water treatment plants for purification purposes that would make purified water, suitable for various purposes including drinking.
A new report on the Global ...
... Pipe Coatings Market, published by Market Research Future (MRFR), says that this market can climb at 5.18% CAGR between 2017 and 2023. In terms of money value, the market can be worth USD 15,968.4 Mn by the end of the forecast period.
The vital market driving factors, along with some trends for the Global Pipe Coatings Market growth are rising chemical industries due to rapid industrialization, gas leakages due to pipeline damages, growing environmental concerns, and strong demand for crude oil pipeline transportation through underwater. Pipe Coatings increase the lifespan of pipes. Increased research & development (R&D) activities and subsequent introduction of high quality as well as long-lasting pipe coating chemicals are boosting the market growth. High adoption of chemical resistant pipes, salinity resistant pipes, and long-lasting Pipe Coatings in marine, as well as chemical processing units, are aiding the market expansion. Other factors contributing to the Global Pipe Coatings Market growth include huge demand from oil & gas sector, focus on precautions to save pipes from corrosion and environmental damages, and increasing demand for high-quality Pipe Coatings in water treatment plants as well as wastewater treatment plants.
Big Players in the Global Pipe Coatings Market 3M (USA), Arkema S.A. (France), Akzo Nobel N.V. (the Netherlands), Axalta Coating Systems Ltd. (USA), BASF SE (Germany), The Bayou Companies LLC (USA), DowDupont Inc. (USA), LyondellBasell Industries Holdings B.V. (USA), PPG Industries Inc. (the USA), Shawcor (Canada), The Sherwin-Williams Company (USA), Specialty Polymer Coatings, Inc. (Canada), Tenaris (Luxembourg), The Valspar Corporation (USA) and Wasco Energy Ltd. (Malaysia).
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Latest Industry News:
Energy services company Shawcor’s pipe coating division has earned several contracts with an international Engineering, Procurement and Construction (EPC) contractor, to provide coating services for several offshore pipeline projects. 12 JUNE 2019
The Global Pipe Coatings Market segmentation encompasses End-Use, Form, Product Type, and Surface Type. MRFR’s take on the market surveys various facets of the market in-depth.
Based on End-Use this market has been segmented into chemical processing, marine, oil & gas, water & wastewater treatment, and others.
The Form-Based Segmentation of this market covers liquid form and powder form.
Regarding the Surface Type, the market has been segmented into pipe coatings market has been segmented into the internal surface and external surface.
In the context of Product Type, the market has been segmented into concrete coatings, fusion bonded epoxy, metallic coatings, thermoplastic polymer coatings, and others. The Thermoplastic Polymer Coatings segment has been sub-segmented into polyethylene (PE), polypropylene (PP), polyurethane (PU), polytetrafluoroethylene (PTFE) and others.
A Geographical Outlining of the Global Pipe Coatings Market covers Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa (MEA).
The Asia Pacific region is the largest regional market due to the mounting demand for energy increasing investment from the governments of Asian countries for the installation of new pipelines for water treatment as well as and wastewater treatment in this region. The vital country-specific markets in this region are China, India, Indonesia, Japan, and South Korea. In this report, Australia and New Zealand have been clubbed into one segment. An evaluation of the remaining countries in the Asia Pacific region featured in this report calculates the huge market revenue supply from some other countries.
Europe is the second-largest regional market due to the presence of a large number of manufactures of Pipe Coatings and the presence of many operational pipelines. The most powerful country-specific markets in Europe are Belgium, France, Germany, Italy, Poland, Russia, Spain, and the UK. An inspection of the remaining countries in Europe featured in this report speculate the huge contribution to market revenue from many other countries in this region.
North America is an important market due to presence of some key market players, availability of technology required to make a Pipeline operational. USA and Canada generate maximum market revenue in this region.
In Latin America, Pipelines are primarily used for oil supply and water treatment. The top country-specific markets in this region are Argentina, Brazil, and Mexico. An evaluation of the remaining countries in Latin America featured in this report anticipates a decent contribution to market revenue from some other countries.
In the MEA region, the market can be strong due to the presence of many crude oil producers and suppliers. Some of the key country-specific markets in this region are Saudi Arabia, Turkey, and the UAE. A valuation of the remaining countries in the MEA region featured in this report anticipates a decent contribution to market revenue from some other countries.
Browse Key Industry Insights spread across 141 pages with 362 market data tables & 24 figures & charts from the report, “Pipe Coatings Market Information: By Product Type, Surface Type, End use and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/pipe-coatings-market-4981
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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