According to Future Market Insights, the global market for corrosion protection polymer coatings is anticipated to register a steady CAGR over the forecast period, 2017-2022. Towards the end of 2022, the global corrosion protection polymer coating market is anticipated to rake more than US$ 19.5 Bn in revenues. In terms of production and end-use, the Asia-Pacific excluding Japan (APEJ) region is poised to remain the largest market for corrosion protection polymer coatings in the near future.
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In 2017, epoxies will be observed as the largest product being sold in the global corrosion protection polymer coating market. Despite their sales accounting for nearly two-fifth share on global revenues, the demand for corrosion protection epoxy coatings is expected to plummet towards the latter half of the forecast period. The report projects that epoxies will reflect a sluggish CAGR of 4.2% during the forecast period.
On the other hand, vinyl esters & flake-filled vinyl esters will register impressive growth in terms of global demand. However, these products are anticipated to contribute a little over 3% share on global revenues by the end of 2017. Meanwhile, fluoropolymer coatings are poised to record fastest growth in terms of revenues, while acrylic coatings and alkyd coatings will register similar CAGRs through 2022.
As the global oil and gas sector strives to gain stability in the midst of erratic oil price fluctuations, it continues to boost the need for effective corrosion protection coatings made of polymers. The end-use of corrosion protection polymer coatings in oil & gas companies is expected to rev up in the near future. These coatings are anticipated to be integrated as key materials used for covering all kinds of industrial surfaces; from oilfield pipelines to refineries.
Corrosion protection polymer coatings sold in the oil & gas industry will translate a subpar share on revenues of the global market, but these revenues are anticipated to record fastest growth compared to other end-user industries.
By the end of 2022, the end-use of corrosion protection polymer coating in oil & gas industry is anticipated to rake revenues worth nearly US$ 3 Bn. To the contrary, transportation and mining & metallurgy end-uses of corrosion protection polymer coatings will record a sluggish growth, compelling manufacturers to shift their focus accordingly.
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On the basis of form, powdered corrosion protection polymer coatings are anticipated to incur a considerable decline in the global market. Production of powder-based corrosion protection polymer coatings continues to remain conventionally difficult, compared to other forms, and manufacturers are also facing challenges in terms of their end-uses. These coatings involve intrinsic workmanship while applying them on hard spots and isolated industrial surfaces.
Moreover, powder-based corrosion protection polymer coatings cannot be mixed with additives, and their shortcoming in providing upgraded resistance against chemical abrasion is expected to lower their demand. Between 2017 and 2022, powder-based corrosion protection polymer coatings are anticipated to create an incremental opportunity of not more than US$ 652 Mn in the global market.
Key players partaking in the growth of global corrosion protection polymer coating market are profiled in the report. Companies namely, Polycorp Limited, Koch Knight LLC, STEULER - KCH GmbH, Akzo Nobel NV, Jotun A/S, Axalta Coating Systems, Ashland Global Holdings, Inc., The Sherwin Williams Company, PPG Industries, Inc., and BASF Coating GmbH are anticipated to remain active in expansion of global corrosion protection polymer coating market through 2022.
A majority of these companies are anticipated to focus on enhancing their production techniques to lower the adverse imprint of corrosion protection polymer coating manufacturing on global environment.
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A concise taxonomy of the global corrosion protection polymer coating market has been summarized below:
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The corrosion protection polymer coating market is expected to grow at an 6.2% CAGR from 2022 to 2032
By 2022, corrosion protection polymer coating sales are anticipated to rank more than US$ 19.5 Billion during the forecast period.
Polycorp Limited, Koch Knight LLC, and STEULER - KCH GmbH, are some leading corrosion protection polymer coating manufacturers in the market.
1. Global Corrosion Protection Polymer Coating Market - Executive Summary 2. Global Corrosion Protection Polymer Coating Market Overview 2.1. Introduction 2.1.1. Global Corrosion Protection Polymer Coating Market Taxonomy 2.1.2. Global Corrosion Protection Polymer Coating Market Definition 2.2. Global Corrosion Protection Polymer Coating Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Corrosion Protection Polymer Coating Market Y-o-Y Growth 2.3. Global Corrosion Protection Polymer Coating Market Dynamics 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. Supplier List 2.9. Key Participants Market Presence (Intensity Map) By Region 3. Global Corrosion Protection Polymer Coating Market Analysis and Forecast By Product Type 3.1. Global Corrosion Protection Polymer Coating Market Size and Forecast By Product Type, 2012-2022 3.1.1. Epoxy Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Polyurethane Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Alkyd Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region 3.1.4. Acrylic Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 3.1.4.1. Revenue (US$ Mn) Comparison, By Region 3.1.4.2. Market Share Comparison, By Region 3.1.4.3. Y-o-Y growth Comparison, By Region 3.1.5. Fluoropolymers Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 3.1.5.1. Revenue (US$ Mn) Comparison, By Region 3.1.5.2. Market Share Comparison, By Region 3.1.5.3. Y-o-Y growth Comparison, By Region 3.1.6. Vinyl Ester & Flake-filled Vinyl Ester Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 3.1.6.1. Revenue (US$ Mn) Comparison, By Region 3.1.6.2. Market Share Comparison, By Region 3.1.6.3. Y-o-Y growth Comparison, By Region 4. Global Corrosion Protection Polymer Coating Market Analysis and Forecast By End Use 4.1. Global Corrosion Protection Polymer Coating Market Size and Forecast By End Use, 2012-2022 4.1.1. Marine Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.1.1. Revenue (US$ Mn) Comparison, By Region 4.1.1.2. Market Share Comparison, By Region 4.1.1.3. Y-o-Y growth Comparison, By Region 4.1.2. Oil and Gas Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.2.1. Revenue (US$ Mn) Comparison, By Region 4.1.2.2. Market Share Comparison, By Region 4.1.2.3. Y-o-Y growth Comparison, By Region 4.1.3. Power Generation Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.3.1. Revenue (US$ Mn) Comparison, By Region 4.1.3.2. Market Share Comparison, By Region 4.1.3.3. Y-o-Y growth Comparison, By Region 4.1.4. Construction Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.4.1. Revenue (US$ Mn) Comparison, By Region 4.1.4.2. Market Share Comparison, By Region 4.1.4.3. Y-o-Y growth Comparison, By Region 4.1.5. Automotive Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.5.1. Revenue (US$ Mn) Comparison, By Region 4.1.5.2. Market Share Comparison, By Region 4.1.5.3. Y-o-Y growth Comparison, By Region 4.1.6. Transportation Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.6.1. Revenue (US$ Mn) Comparison, By Region 4.1.6.2. Market Share Comparison, By Region 4.1.6.3. Y-o-Y growth Comparison, By Region 4.1.7. Chemicals Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.7.1. Revenue (US$ Mn) Comparison, By Region 4.1.7.2. Market Share Comparison, By Region 4.1.7.3. Y-o-Y growth Comparison, By Region 4.1.8. Mining & Metallurgy Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.8.1. Revenue (US$ Mn) Comparison, By Region 4.1.8.2. Market Share Comparison, By Region 4.1.8.3. Y-o-Y growth Comparison, By Region 4.1.9. Others Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 4.1.9.1. Revenue (US$ Mn) Comparison, By Region 4.1.9.2. Market Share Comparison, By Region 4.1.9.3. Y-o-Y growth Comparison, By Region 5. Global Corrosion Protection Polymer Coating Market Analysis and Forecast By Form Type 5.1. Global Corrosion Protection Polymer Coating Market Size and Forecast By Form Type, 2012-2022 5.1.1. Solvent-borne Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 5.1.1.1. Revenue (US$ Mn) Comparison, By Region 5.1.1.2. Market Share Comparison, By Region 5.1.1.3. Y-o-Y growth Comparison, By Region 5.1.2. Waterborne Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 5.1.2.1. Revenue (US$ Mn) Comparison, By Region 5.1.2.2. Market Share Comparison, By Region 5.1.2.3. Y-o-Y growth Comparison, By Region 5.1.3. Powder-based Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 5.1.3.1. Revenue (US$ Mn) Comparison, By Region 5.1.3.2. Market Share Comparison, By Region 5.1.3.3. Y-o-Y growth Comparison, By Region 6. Global Corrosion Protection Polymer Coating Market Analysis and Forecast By Region 6.1. Global Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.1. North America Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.1.1. Revenue (US$ Mn) Comparison, By Product Type 6.1.1.2. Revenue (US$ Mn) Comparison, By End Use 6.1.1.3. Revenue (US$ Mn) Comparison, By Form Type 6.1.2. Latin America Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.2.1. Revenue (US$ Mn) Comparison, By Product Type 6.1.2.2. Revenue (US$ Mn) Comparison, By End Use 6.1.2.3. Revenue (US$ Mn) Comparison, By Form Type 6.1.3. Europe Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.3.1. Revenue (US$ Mn) Comparison, By Product Type 6.1.3.2. Revenue (US$ Mn) Comparison, By End Use 6.1.3.3. Revenue (US$ Mn) Comparison, By Form Type 6.1.4. Japan Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.4.1. Revenue (US$ Mn) Comparison, By Product Type 6.1.4.2. Revenue (US$ Mn) Comparison, By End Use 6.1.4.3. Revenue (US$ Mn) Comparison, By Form Type 6.1.5. APEJ Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.5.1. Revenue (US$ Mn) Comparison, By Product Type 6.1.5.2. Revenue (US$ Mn) Comparison, By End Use 6.1.5.3. Revenue (US$ Mn) Comparison, By Form Type 6.1.6. MEA Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 6.1.6.1. Revenue (US$ Mn) Comparison, By Product Type 6.1.6.2. Revenue (US$ Mn) Comparison, By End Use 6.1.6.3. Revenue (US$ Mn) Comparison, By Form Type 7. North America Corrosion Protection Polymer Coating Market Analysis and Forecast, By Country, 2012-2022 7.1. US Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 7.1.1. Revenue (US$ Mn) Comparison, By Product Type 7.1.2. Revenue (US$ Mn) Comparison, By End Use 7.1.3. Revenue (US$ Mn) Comparison, By Form Type 7.2. Canada Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 7.2.1. Revenue (US$ Mn) Comparison, By Product Type 7.2.2. Revenue (US$ Mn) Comparison, By End Use 7.2.3. Revenue (US$ Mn) Comparison, By Form Type 8. Latin America Corrosion Protection Polymer Coating Market Analysis and Forecast, By Country, 2012-2022 8.1. Brazil Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 8.1.1. Revenue (US$ Mn) Comparison, By Product Type 8.1.2. Revenue (US$ Mn) Comparison, By End Use 8.1.3. Revenue (US$ Mn) Comparison, By Form Type 8.2. Mexico Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 8.2.1. Revenue (US$ Mn) Comparison, By Product Type 8.2.2. Revenue (US$ Mn) Comparison, By End Use 8.2.3. Revenue (US$ Mn) Comparison, By Form Type 8.3. Argentina Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 8.3.1. Revenue (US$ Mn) Comparison, By Product Type 8.3.2. Revenue (US$ Mn) Comparison, By End Use 8.3.3. Revenue (US$ Mn) Comparison, By Form Type 9. Europe Corrosion Protection Polymer Coating Market Analysis and Forecast, By Country, 2012-2022 9.1. Germany Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 9.1.1. Revenue (US$ Mn) Comparison, By Product Type 9.1.2. Revenue (US$ Mn) Comparison, By End Use 9.1.3. Revenue (US$ Mn) Comparison, By Form Type 9.2. UK Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 9.2.1. Revenue (US$ Mn) Comparison, By Product Type 9.2.2. Revenue (US$ Mn) Comparison, By End Use 9.2.3. Revenue (US$ Mn) Comparison, By Form Type 9.3. France Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 9.3.1. Revenue (US$ Mn) Comparison, By Product Type 9.3.2. Revenue (US$ Mn) Comparison, By End Use 9.3.3. Revenue (US$ Mn) Comparison, By Form Type 9.4. Spain Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 9.4.1. Revenue (US$ Mn) Comparison, By Product Type 9.4.2. Revenue (US$ Mn) Comparison, By End Use 9.4.3. Revenue (US$ Mn) Comparison, By Form Type 9.5. Italy Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 9.5.1. Revenue (US$ Mn) Comparison, By Product Type 9.5.2. Revenue (US$ Mn) Comparison, By End Use 9.5.3. Revenue (US$ Mn) Comparison, By Form Type 9.6. Nordic Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 9.6.1. Revenue (US$ Mn) Comparison, By Product Type 9.6.2. Revenue (US$ Mn) Comparison, By End Use 9.6.3. Revenue (US$ Mn) Comparison, By Form Type 10. Japan Corrosion Protection Polymer Coating Market Analysis and Forecast, By Country, 2012-2022 10.1. Japan Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 10.1.1. Revenue (US$ Mn) Comparison, By Product Type 10.1.2. Revenue (US$ Mn) Comparison, By End Use 10.1.3. Revenue (US$ Mn) Comparison, By Form Type 11. APEJ Corrosion Protection Polymer Coating Market Analysis and Forecast, By Country, 2012-2022 11.1. China Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 11.1.1. Revenue (US$ Mn) Comparison, By Product Type 11.1.2. Revenue (US$ Mn) Comparison, By End Use 11.1.3. Revenue (US$ Mn) Comparison, By Form Type 11.2. India Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 11.2.1. Revenue (US$ Mn) Comparison, By Product Type 11.2.2. Revenue (US$ Mn) Comparison, By End Use 11.2.3. Revenue (US$ Mn) Comparison, By Form Type 11.3. Malaysia Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 11.3.1. Revenue (US$ Mn) Comparison, By Product Type 11.3.2. Revenue (US$ Mn) Comparison, By End Use 11.3.3. Revenue (US$ Mn) Comparison, By Form Type 11.4. Thailand Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 11.4.1. Revenue (US$ Mn) Comparison, By Product Type 11.4.2. Revenue (US$ Mn) Comparison, By End Use 11.4.3. Revenue (US$ Mn) Comparison, By Form Type 11.5. Singapore Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 11.5.1. Revenue (US$ Mn) Comparison, By Product Type 11.5.2. Revenue (US$ Mn) Comparison, By End Use 11.5.3. Revenue (US$ Mn) Comparison, By Form Type 11.6. Australia Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 11.6.1. Revenue (US$ Mn) Comparison, By Product Type 11.6.2. Revenue (US$ Mn) Comparison, By End Use 11.6.3. Revenue (US$ Mn) Comparison, By Form Type 12. MEA Corrosion Protection Polymer Coating Market Analysis and Forecast, By Country, 2012-2022 12.1. GCC Countries Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 12.1.1. Revenue (US$ Mn) Comparison, By Product Type 12.1.2. Revenue (US$ Mn) Comparison, By End Use 12.1.3. Revenue (US$ Mn) Comparison, By Form Type 12.2. South Africa Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 12.2.1. Revenue (US$ Mn) Comparison, By Product Type 12.2.2. Revenue (US$ Mn) Comparison, By End Use 12.2.3. Revenue (US$ Mn) Comparison, By Form Type 12.3. Nigeria Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 12.3.1. Revenue (US$ Mn) Comparison, By Product Type 12.3.2. Revenue (US$ Mn) Comparison, By End Use 12.3.3. Revenue (US$ Mn) Comparison, By Form Type 12.4. Israel Corrosion Protection Polymer Coating Market Size and Forecast, 2012-2022 12.4.1. Revenue (US$ Mn) Comparison, By Product Type 12.4.2. Revenue (US$ Mn) Comparison, By End Use 12.4.3. Revenue (US$ Mn) Comparison, By Form Type 13. Global Corrosion Protection Polymer Coating Market Company Share, Competition Landscape and Company Profiles 13.1. Company Share Analysis 13.2. Competition Landscape 13.3. Company Profiles 13.3.1. BASF Coatings GmbH 13.3.2. PPG Industries, Inc. 13.3.3. The Sherwin-Williams Company 13.3.4. Ashland Inc. 13.3.5. Axalta Coating Systems Ltd. 13.3.6. Jotun A/S 13.3.7. Akzo Nobel NV 13.3.8. Steuler-KCH GmbH 13.3.9. Koch Knight LLC 13.3.10. Polycorp Ltd. 14. Research Methodology 15. Secondary and Primary Sources 16. Assumptions and Acronyms 17. Disclaimer
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Corrosion Protection Polymer Coating Market
