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Anti-corrosion Coatings Market Share

Report ID: GMI808
Published Date: Jun 2024
Report Format: PDF

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Anti-Corrosion Coatings Market Share

Leading anti-corrosion coating firms are investing in R&D activities to create innovative, high-performance coatings with enhanced durability and eco-friendly properties for addressing the growing demand for sustainable solutions. Acquisitions and strategic partnerships are helping them in expanding their product portfolios. These companies are also focusing on improving their manufacturing capabilities and adopting advanced technologies to enhance production efficiency and cost effectiveness.

Anti-Corrosion Coatings Market Companies

Major players operating in the market include:

AICA Kogyo
Akzonobel
AnCatt
Ashland
Axalta Coating
BASF
Chugoku Marine Paints
Hempel
Jotun
Kansai Paints
Nippon Paints
PPG Industries
RPM International
Sokema
The Sherwin-Williams Company
Tnemec
Valspar

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size for anti-corrosion coatings was valued at over USD 24.8 billion and is expected to reach over USD 35.3 billion by the end of 2032, driven by the rising demand from industries, such as oil & gas, marine, automotive, and construction.

The epoxy segment of the anti-corrosion coatings market held a decent share in 2023 and is expected to exceed USD 13.9 billion by 2032, due to its exceptional protective properties and versatility across various applications.

North America market will record more than USD 5 billion by 2032, attributed to the strong industrial base along with the growing need to protect critical infrastructure and industrial equipment from corrosion.

Ashland, Axalta Coating, BASF, Chugoku Marine Paints, Hempel, Jotun, Kansai Paints, Nippon Paints, PPG Industries, and RPM International among others.