ALL >> Business >> View Article
Anti-rust Coating Market Trends - Size, Share, Growth, Trends, By 2023

Market Research Future Published a Half-Cooked Research Report on Global Anti-Rust Coating Research Report.
Market Definition and Growth Factors:
Anti-rust coating Market is primarily driven by its application in various end-use industries such as marine, oil & gas, shipbuilding, infrastructure, transportation, aerospace & defense, and others. Offshore and civilian marine industries demand anti-rust coating for shipbuilding and boat repairing due to its cost-effectiveness and superior properties of water and corrosion resistance. Sophisticated drilling, wellhead, and subsea equipment demand anti-rust coating for oil & gas exploration and extraction. The properties such as scratch resistance, glossy appearance, lesser drying period are extensively required in automotive, infrastructure, and transportation, which is likely to surge the market growth during the forecast period. Technologically, the anti-rust coating is manufactured as solvent-based, waterborne, powder coating, and UV cured. Presently, the waterborne coating is the largest segment driving the market growth due to the low emission of VOCs. ...
... The powdered coating is an excellent choice due to its zero VOC emission and environmentally friendly nature. It also offers properties such as durability, scratch resistance, resistance to chalking, gloss retention, and improved coating efficiency. Additionally, it qualifies American Architectural Manufacturing Association (AAMA) specifications for an eco-friendly process. Although solvent-based coating offers superior properties such as less drying time and block resistant feature, it has high VOC content.
Anti-rust coating is used to prevent corrosion of metals from moisture, humidity, salt spray, and exposure to a variety of environmental or industrial chemicals.
Competitive Analysis:
Some of the prominent manufacturers in the global market of anti-rust coating are:
Akzo Nobel N.V. (Netherlands),
PPG Industries, Inc. (U.S.),
Axalta Coating Systems Ltd. (U.S.),
BASF SE (Germany),
The Sherwin-Williams Company (U.S.),
Ashland Inc. (U.S.),
Kansai Paint Co., Ltd. (Japan),
Hempel A/S (Denmark),
Nippon Paints Co. Ltd (Japan),
Jotun (Norway), RPM International Inc. (U.S.),
DowDupont (U.S.),
Bluechem (Africa),
Chugoku Marine Paints Ltd. (Japan),
Clariant (Switzerland).
Market Segmentation:
The global Anti-Rust Coating Market Trends is segmented on the basis of the type, technology, end-use industry, and region.
Based on the types, the global anti-rust coating market is segmented into epoxy, polyurethane, acrylic, alkyd, zinc, chlorination, and others.
Based on the technology, the global market is categorized into solvent-based, waterborne, powder coating, and UV cured.
Based on the end-user industries, the global market is segregated into marine, oil & gas, power generation, shipbuilding, infrastructure, transportation, aerospace & defense, and others.
Regional Analysis:
The global anti-rust coating market is segmented into five major regions Asia Pacific, North America, Latin America, the Middle East & Africa, and Europe.
The Asia Pacific is expected to emerge as the largest region in the global the anti-rust coating market due to high demand from end-use industries such as building & construction, transportation, and automotive. China is the largest market in terms of value in this region on account of the largest building & construction sector. India, Japan, Indonesia, Malaysia, and other countries contributing to the market growth on account of the growing end-user industries.
Presence of a large number of oil deposits in Brazil and Venezuela fuels the regional market growth in Latin America. Exploring and drilling activities for oil & gas reserves drive the market growth in this region.
North America is another substantial region in the anti-rust coating market growth due to the product use in automotive and aerospace & defense industries. The U.S. accounted for a major market share owing to the growing automotive and use in the aerospace & defense sector.
The Middle East & Africa is expected to witness market growth due to the abundant availability of oil & gas deposits in countries such as Saudi Arabia and the UAE.
Europe is likely to witness a sluggish growth owing to European Union Regulations 2012 on VOC emission.
Add Comment
Business Articles
1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031Author: Lucintel LLC
2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC
3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC
4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry
5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management
6. The Role And Function Of A Collection Agency
Author: Bennett Carter
7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter
8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel
9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam
10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App
11. Building An Effective Energy Management System
Author: Jane
12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification
13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan
14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji
15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO