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Abrasion Resistant Coating Market Share

Report ID: GMI8320
Published Date: Feb 2024
Report Format: PDF

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Abrasion Resistant Coating Market Share

Abrasion Resistant Coating Market Company Share, (2023)

The competitive landscape of the abrasion resistant coating industry is characterized by the presence of established and prominent players, each contributing to the industry's growth and innovation. Companies like 3M Company, Akzo Nobel N.V., and Jotun are key players known for their extensive research and development efforts, offering a diverse range of abrasion-resistant coating solutions to cater to various industrial needs. Arkema Group, with its global presence, is recognized for providing high-performance coatings, while ASB Industries and Bodycote specialize in surface engineering and thermal processing solutions, adding depth to the competitive mix.

EM Coatings, Hardide Coatings, and Hempel A/S bring specialized expertise, particularly in advanced coating technologies, contributing to the competitive diversity. Additionally, global players such as PPG Industries and Saint-Gobain Performance Plastics have a significant market share, leveraging their extensive portfolios and industry experience. NEI Corporation, Praxair S.T. Technology, Inc., SDC Technologies, and The Sherwin-Williams Company also play pivotal roles, offering innovative solutions and contributing to the market's dynamism.

Abrasion Resistant Coating Market Companies

Major players operating in the abrasion resistant coating industry include:

3M Company
Akzo Nobel N.V.
Arkema Group
ASB Industries
Bodycote
EM Coatings
Hardide Coatings
Hempel A/S
Jotun
NEI Corporation
PPG Industries
Praxair S.T. Technology, Inc.
Saint-Gobain Performance Plastics (Saint-Gobain)
SDC Technologies
The Sherwin-Williams Company

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for abrasion resistant coating reached USD 12 billion in revenue in 2023 and is set to expand at over 7.4% CAGR between 2024 and 2032 propelled by the expanding manufacturing and construction sectors, where heavy equipment and machinery are subjected to harsh operating conditions.

Metal abrasion resistant coating market size was USD 6.2 billion in 2023 and is projected to witness high demand through 2032 to provide robust protection against abrasive forces in heavy industries, such as mining, construction, and oil & gas.

Asia Pacific market for abrasion resistant coating generated USD 3.9 billion in revenue in 2023 and is estimated to expand at a notable CAGR through 2032 owing to the burgeoning industrial and manufacturing activities, driven by rapid economic development and urbanization in the region.

Some of the leading abrasion resistant coating firms are 3M Company, Akzo Nobel N.V., Arkema Group, ASB Industries, Bodycote, EM Coatings, Hardide Coatings, Hempel A/S, Jotun, NEI Corporation, PPG Industries, Praxair S.T. Technology, Inc., Saint-Gobain Performance Plastics (Saint-Gobain), SDC Technologies, and The Sherwin-Williams Company.