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Lucintel Forecasts Pipe Coating Market To Grow At A Cagr Of 4%-5%
According to the recent study the pipe coating market is projected to grow at a CAGR of 4%-5% from 2020 to 2026. Growth in this market is primarily driven by growing pipeline industry, increasing technological advancements in the pipeline coating market, rising long distance transportation activities of fluids, and a surge in demand for high quality, corrosion resistant pipeline systems.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in pipe coating market by type (thermoplastic polymer coatings, fusion bonded epoxy coatings, concrete coatings, bituminous coatings, and others), surface (external surface, internal surface), form (powder coatings, liquid coatings), end use (oil & gas, water & wastewater treatment, chemical processing, infrastructure, mining, and agriculture), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/pipe-coating-market.aspx
“Thermoplastic polymer coatings market is expected to ...
... remain the largest segment during the forecast period.”
Based on type, the pipe coating market is segmented into thermoplastic polymer coatings, fusion bonded epoxy coatings, concrete coatings, bituminous coatings, and others. Lucintel forecasts that the thermoplastic polymer coatings market is expected to remain the largest segment during the forecast period as they are resistant to chemicals and physical stress, highly flexible, and easily applicable.
“Within the pipe coating market, the chemical processing segment is expected to remain the largest end use industry”
Based on end use industry, the chemical processing segment is expected to witness the largest segment due to increasing production of technologically developed polymers in the chemical industry.
“North America will dominate the pipe coating market in near future”
North America is expected to be the largest region over the forecast period due to the presence of a large number of manufacturing companies and increasing pipeline construction spending in the region.
Download Brochure of this report by clicking on https://www.lucintel.com/pipe-coating-market.aspx
Major players of pipe coating market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. PPG Industries, Akzo Nobel, Shawcor, Sherwin-Williams, Axalta Coating Systems, Arkema, Wasco Energy Group of Companies, 3M, Specialty Polymer Coatings, and Seal For Life are among the major pipe coating providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pipe-coating-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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