Corrosion Protective Coatings and Acid Proof Lining Market: Mining and Metallurgy Sector to Represent Significant Share: Australia Industry Analysis and Opportunity Assessment, 2016-2026
- Chemicals & Materials
- No. of Pages: 156
- Published: 2016-09-13
- Report Code: REP-AU-1830
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Format:
An Incisive, In-depth Analysis on the Australia Corrosion Protective Coatings And Acid Proof Lining Market
This study offers a comprehensive, 360 degree analysis on the Australia Corrosion Protective Coatings And Acid Proof Lining market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Australia Corrosion Protective Coatings And Acid Proof Lining market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Australia’s corrosion protective coatings and acid proof lining market is anticipated to register a healthy CAGR of 3.6% in terms of volume and 4.8% in terms of value over a 10-year period (2016–2026). Sales of corrosion protective coatings in Australia was valued at US$ 653.7 Mn in 2015 and is expected to account for US$ 1.1 Bn by the end of 2026. Sales of acid proof lining was valued at US$ 8.2 Mn in 2015 and is expected to account for US$ 13.4 Mn by the end of 2026.
Corrosion protective coatings are formulated to protect structures from degradation caused due to exposure in extreme corrosive environments. The basic function of corrosion protection coating or lining is to act as a barrier between the material and the corrosive environment. Acid proof lining is extensively used to provide robustness and mechanical integrity to equipment and components used in industrial operations. It protects the floor, walls, equipment, and process vessels used in industrial operation from the corrosive action of strong acids, alkalis, water vapour etc. In addition to several corroding chemicals, acid proof lining helps impart resistance against thermal shock, abrasion, high impact, and mechanical stress.
Drivers, Restraints, and Trends
The growth of corrosion protection coating and acid proof lining is predicted to be driven by several factors such as a promising growth of the mining industry and steady economic growth in Australia. Further, a shifting trend towards using waterborne technology and increasing globalisation among players is predicted to fuel the demand for corrosion protective coating and acid proof lining in major end-use industries.
Enforcement of stringent environmental regulations set by the Australian Paints Approval Scheme (APAS) and other organisations has reduced the usage of anti-corrosion coatings formulated using solvent based technology. This is likely to reduce the demand for solvent based corrosion protective coatings in Australia significantly. Fluctuations in raw material prices owing to a volatile oil and gas market is anticipated to adversely impact the growth of the corrosion protective coatings and acid proof lining market over the forecast period.
The market for corrosion protective coatings and acid proof lining in Australia is likely to witness key trends in the coming years. Leading market players are focusing on providing sustainable solutions to reduce environmental footprint. This has led to an increasing use of waterborne corrosion protective coatings and thermoplastic linings. There is also a continuous market consolidation – top companies are engaging in strategic acquisitions and collaborating with domestic players to strengthen their market position.
Market projections (2016–2026)
The Australia corrosion protection coatings and acid proof lining market has been segmented on the basis of product type into polymer coatings, rubber lining systems, and acid proof linings. In terms of value, the polymer coatings segment is anticipated to expand at the fastest CAGR of 4.9% over the forecast period. The acid proof lining segment is projected to expand at a value CAGR of 4.6% over the forecast period.
The Australia corrosion protection coatings and acid proof lining market has been segmented on the basis of end-use industry (marine, oil and gas, power generation, transportation, chemicals, mining and metallurgy, water treatment, others). The mining and metallurgy industry segment is estimated to expand at a volume CAGR of 3.5% and a value CAGR of 4.7% over the forecast period. The oil and gas industry segment is expected to be the fastest growing segment expanding at a volume CAGR of 4.4% and a value CAGR of 5.6% over the forecast period.
Key market players
Key players across Australia’s corrosion protective coatings and acid proof lining market value chain include manufacturers, service and solution providers, and installers/suppliers/contractors/testing companies. Top manufacturers operating in the Australia market include Jotun Australia Pty Ltd, Akzo Nobel Australia Pty Ltd, Corrocoat Engineering Pty Ltd, REMA TIP TOP Industrial Australia PTY Ltd, Steuler KCH Australia Pvt Ltd, Covestro Pty Ltd, Townsend Chemicals, Era Polymers Pty Ltd, Metz Specialty Materials Pty Ltd, Kaefer Novacoat Pty Ltd, Weir Minerals Australia Ltd, Denso (Australia) Pty Ltd, Flight Extruded Plastics, Stebbins Australia Pty Ltd, and Rubbertec Australia Pvt Ltd.
The corrosion protective coatings and acid proof lining market in Australia is likely to witness significant growth in the coming years. Corrosion causes degradation of metals, alloys, and other materials by altering functionality and structure, and protective coating and lining play a major part in protecting the metals and materials used in several end use industries from damage caused by corrosion. In its latest research, Future Market Insights presents a 10-year forecast of the corrosion protective coatings and acid proof lining market in Australia from 2016–2026. The primary objective of the report is to identify opportunities in the Australia market and present updates and insights pertaining to various segments of the corrosion protective coatings and acid proof lining market.
To understand and assess opportunities in this market, the report is categorically divided into two sections -- by end use industry and by product type. The report analyses Australia’s corrosion protective coatings and acid proof lining market in terms of value and volume. The report begins with an overview of the Australia paints and coatings market, followed by an overview of the market volume and value of the corrosion protective coatings and acid proof lining market, along with a detailed analysis of key trends, drivers, and restraints likely to affect the market. Further sections of the report analyse the Australia corrosion protective coatings and acid proof lining market on the basis of end use industry and product type and present a forecast for the period 2016–2026. The report also focuses on the top clients/end users of corrosion protective coatings and acid proof lining in Australia by end use industry. This section showcases an extensive list of ongoing and upcoming projects in Australia and lists major engineering procurement and construction management (EPCM) companies currently operating in Australia.
In the final section of the report, a competitive landscape of Australia’s corrosion protective coatings and acid proof lining market has been included to provide a dashboard view of global and domestic companies operating in this market. The report contains market share analysis by categorising companies into tier levels based on their revenue. The report also profiles top companies across the value chain including manufacturers, service and solution providers, and installers/suppliers/contactors/testing companies.
Research methodology
To deduce market size, the report considers various aspects based on secondary research. Furthermore, data points such as product-wise split and market split by end use and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated and expected revenue contribution by the Australia corrosion protective coatings and acid proof lining market.
When developing the market forecast, the report sizes the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Future Market Insights triangulates the data via different analyses based on supply side, demand side, and other dynamics. The report not only provides forecast in terms of CAGR, but also analyses the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand market predictability and to identify the right opportunities.
Market segmentation
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By End Use Industry |
By Product Type |
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Key market players
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Manufacturers |
Service & Solution Providers |
Installers/Suppliers/Contactors/Testing |
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Australia Corrosion Protective Coatings And Acid Proof Lining Market Reports - Table of Contents
1. Executive Summary
2. Research Methodology
3. Assumptions & Acronyms Used
Australia Corrosion Protective Coatings And Acid Proof Lining Market Reports - List of Tables
Table 01: EPCM and Engineering Companies Operating in Australia Market
Table 02: New APAS Specification for Protective Coating Products (February 2015 – June 2019)
Table 03: Australia Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) and Volume (‘000 tonne) by End-use Industry, 2015–2026
Table 04: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Marine Industry Segment, 2015–2026
Table 05: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Transportation Industry Sub-segment, 2015–2026
Table 06: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Chemicals Industry Segment, 2015–2026
Table 07: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Mining & Metallurgy Industry Sub-segment, 2015–2026
Table 08: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Water Treatment Industry Sub-segment, 2015–2026
Table 09: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Product Type, 2014–2025
Table 10: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Polymer Coatings, 2014–2025
Table 11: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Rubber Lining System, 2014–2025
Table 12: Corrosion Protective Coatings & Acid Proof Lining Market Value (US$ Thousand) & Volume (‘000 tonnes) Forecast by Acid Proof Lining, 2014–2025
Australia Corrosion Protective Coatings And Acid Proof Lining Market Reports - List of Figures
Figure 01: Australia Paints & Coatings Market Value (US$ Mn), 2014–2022
Figure 02: Australia CPC Market Volume (‘000 tonnes) and Value (US$ Thousand), 2015–2026
Figure 03: Australia CPC Market Absolute $ Opportunity (US$ Thousand), 2015–2025
Figure 04: Australia APL Market Volume (‘000 tonnes) and Value (US$ Thousand), 2015–2026
Figure 05: Australia APL Market Absolute $ Opportunity (US$ Thousand), 2015–2025
Figure 06: CPC & APL Market Share by Value and BPS Analysis by End-use Industry, 2016 & 2026
Figure 07: CPC & APL Market Value Y-o-Y Growth by End-use Industry, 2016–2026
Figure 08: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Marine Industry Segment, 2015–2026
Figure 09: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Marine Industry Segment, 2016–2026
Figure 10: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Ballast Tank Sub-segment, 2015–2026
Figure 11: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Sea Water Intake Pipe Lining Sub-segment, 2015–2026
Figure 12: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Oil & Gas Industry Segment, 2015–2026
Figure 13: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Oil & Gas Industry Segment, 2016–2026
Figure 14: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Power Generation Industry Segment, 2015–2026
Figure 15: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Power Generation Industry Segment, 2016–2026
Figure 16: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Transportation Industry Segment, 2015–2026
Figure 17: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Transportation Industry Segment, 2016–2026
Figure 18: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Road Tanker Sub-segment, 2015–2026
Figure 19: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Rail Tanker Sub-segment, 2015–2026
Figure 20: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by ISO Tank Sub-segment, 2015–2026
Figure 21: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Chemicals Industry Segment, 2015–2026
Figure 22: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Chemicals Industry Segment, 2016–2026
Figure 23: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Phosphoric Acid Processing Sub-segment, 2015–2026
Figure 24: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Sulfuric Acid Processing Sub-segment, 2015–2026
Figure 25: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Hydrochloric Acid Processing Sub-segment, 2015–2026
Figure 26: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Chlorine Processing Sub-segment, 2015–2026
Figure 27: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Caustic Soda Processing Sub-segment, 2015–2026
Figure 28: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Mining & Metallurgy Industry Segment, 2015–2026
Figure 29: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Mining & Metallurgy Industry Segment, 2016–2026
Figure 30: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Phosphate Mining and Processing Sub-segment, 2015–2026
Figure 31: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Aluminum Mining and Processing Sub-segment, 2015–2026
Figure 32: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Copper Mining and Processing Sub-segment, 2015–2026
Figure 33: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Nickel Mining and Processing Sub-segment, 2015–2026
Figure 34: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Gold Mining and Processing Sub-segment, 2015–2026
Figure 35: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Steel Pickling and Processing Sub-segment, 2015–2026
Figure 36: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Lead and Zinc Mining and Processing Sub-segment, 2015–2026
Figure 37: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Coal Mining and Processing Sub-segment, 2015–2026
Figure 38: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Uranium Mining and Processing Sub-segment, 2015–2026
Figure 39: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Water Treatment Industry Segment, 2015–2026
Figure 40: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Water Treatment Industry Segment, 2016–2026
Figure 41: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Desalination Sub-segment, 2015–2026
Figure 42: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Sewage Treatment Sub-segment, 2015–2026
Figure 43: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Process & Waste Water Sub-segment, 2015–2026
Figure 44: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Others Industry Segment, 2015–2026
Figure 45: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Others Industry Segment, 2016–2026
Figure 46: Australia CPC & APL Market Attractiveness Analysis, by End-use Industry, 2015–2026
Figure 47: CPC & APL Market Share by Value and BPS Analysis by Product Type, 2016 & 2026
Figure 48: CPC & APL Market Value Y-o-Y Growth by Product Type, 2016–2026
Figure 49: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Water Treatment Industry Segment, 2015–2026
Figure 50: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Others Industry Segment, 2016–2026
Figure 51: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Epoxy Sub-segment, 2015–2026
Figure 52: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Polyurethane Sub-segment, 2015–2026
Figure 53: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Alkyd Sub-segment, 2015–2026
Figure 54: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Acrylic Sub-segment, 2015–2026
Figure 55: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Fluoropolymer Sub-segment, 2015–2026
Figure 56: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Vinyl Ester and Flake-filled Vinyl Ester Sub-segment, 2015–2026
Figure 57: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by Rubber Lining System, 2015–2026
Figure 58: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Rubber Lining System, 2016–2026
Figure 59: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Hard Rubber Lining System Sub-segment, 2015–2026
Figure 60: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Soft Rubber Lining System Sub-segment, 2015–2026
Figure 61: Australia CPC & APL Market Volume (‘000 tonnes) and Value (US$ Thousand) Forecast by APL, 2015–2026
Figure 62: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by APL, 2016–2026
Figure 63: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Ceramic & Carbon Brick Lining Sub-segment, 2015–2026
Figure 64: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Tile Lining Sub-segment, 2015–2026
Figure 65: Australia CPC & APL Market Absolute $ Opportunity (US$ Thousand) by Thermoplastic Lining Sub-segment, 2015–2026
Figure 66: Australia CPC & APL Market Attractiveness Analysis, by Product Type, 2015–2026
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