Middle East And North Africa Corrosion Protective Coatings And Acid Proof Lining Market

Corrosion Protective Coatings & Acid Proof Lining Market: Saudi Arabia Expected to Dominate the Market Through 2026: Middle East and North Africa Industry Analysis and Opportunity Assessment, 2016-2026

Corrosion protective coatings and acid proof linings are used to protect surfaces against corrosion due to chemical or electrochemical reactions. Corrosion protective coatings are widely used in various end-user industries, such as marine, oil & gas, power generation, transportation vehicles, chemicals, mining & metallurgy, and water treatment.

Market revenue from the MENA corrosion protective coatings and acid proof lining market is estimated to be valued at US$ 1,953.0 Mn by 2016 end, which is expected to increase at a CAGR of 4.9% over the forecast period 2016–2026.

Market Dynamics

Strategic government initiatives to promote non-oil industries in the Middle East and North Africa in recent years is expected to be one of the major factors driving growth of the MENA corrosion protective coatings and acid proof linings market over the forecast period (2016–2026). 

Increasing activities in shipping, offshore repair and shipbuilding in the Middle East & North Africa in recent years are factors anticipated to drive demand for corrosion protective coatings in the region over the forecast period. Also, robust growth in end-user industries such as marine, oil & gas and chemicals in MENA is in turn expected to drive growth of the market in the region. On the other hand, major economies and industries in MENA region are still heavily dependent on crude oil production, export and fiscal revenue generated from it. Slump in crude oil prices in recent years has heavily affected the growth of major economies as well as industries in MENA region, in turn affecting the demand for corrosion protective coatings and acid proof linings. Slump in crude oil prices in recent years and the near future is anticipated to be the major restraint for growth of the MENA corrosion protective coatings and acid proof linings market. Key players in the MENA corrosion protective coatings and acid proof linings market focus on developing specialty coatings for rehabilitation of pipelines in order to capitalise on favourable growth opportunities related to the same. This is expected to be a major trend in the market over the next few years. 

MENA Corrosion Protective Coatings & Acid Proof Linings Market Taxonomy

The corrosion protective coatings & acid proof linings market in MENA is segmented as follows:

  • By Product Type
  • By End-user Industry
  • By Country

By product type, the MENA corrosion protective coatings market is segmented into polymer coatings and rubber linings. Polymer coatings segment is further sub-segmented into epoxy, polyurethane, polyurea, alkyd, acrylic, fluoropolymer and vinyl ester & flake-filled vinyl ester. Polymer coatings segment is anticipated to dominate the market in terms of both volume and value over the forecast period. Rubber linings segment in the MENA corrosion protective coatings market is further sub-segmented into hard rubber lining systems and soft rubber lining systems. By product type, the MENA acid proof linings market is segmented into ceramic & carbon brick lining, tile lining, thermoplastic lining. On the basis of end-user industry, the MENA corrosion protective coatings and acid proof linings market is segmented into marine, oil & gas, power generation, transportation vehicles, chemicals, mining & metallurgy and water treatment.

MENA Corrosion Protective Coatings & Acid Proof Linings Market Analysis by Product Type

Polymer coatings segment is projected to expand at a CAGR of 4.9% over the forecast period.  Epoxy and polyurethane are expected to be the most preferred polymer coatings, primarily because of their multi-functionality, technical superiority, ease in availability and application. In terms of value, polyurea sub-segment is expected to witness significant growth, expanding at a CAGR of 5.9% over the forecast period.

mena corrosion protective coatings and acid proof linings market

Country Analysis

On the basis of country, the MENA corrosion protective coatings and acid proof linings market is segmented into United Arab Emirates (UAE), Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, Iran, Iraq, Morocco, Egypt and Jordan. Saudi Arabia is expected to dominate the market in terms of value and volume over the forecast period.

Key Players

Key players identified in this report are Cape RB Hilton Saudi Arabia Ltd., Hertel OTC, StonCor Middle East LLC, Kaefer LLC., REMA TIP TOP AG, KCC Corrosion Control Co., StonCor Middle East LLC, Anticorrosion Protective Systems L.L.C., Al Gurg Paints LLC., Ineco Limited, Global Suhaimi, Ocean Rubber Factory LLC, Hajjan Trading & Industrial Services Company Ltd. (HATCON), Rezayat Protective Coating Company Ltd., Al-sabaiea National Gen. Cont. & Gen. Trd. Co., Bahrain Rubber Company W.L.L., DicoTech Limited, General Industries Co., Ltd., FABA Commercial Services W.L.L., Beugin Industrie Sas, GARAY Group, Arcoy Morac SARL, Uniresins Proprietary Limited, GEAS RIVESTIMENTI s.r.l., Al Dobowi Limited, Aderan Dej Co., Ltd., Wisdom Group, Keran Wazin Sanat Co. , Binzagr Factory for Insulation Materials Co., Ltd., International Coatings Iran, Kasra Industrial Lining and Coating Company and Payesh Sanat Pooyesh (PSP) (Corrocoat).

Future Market Insights offers a 10-year forecast on the Middle East and North Africa corrosion protective coatings & acid proof linings market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 4.9% during the projected period. The primary objective of the report is to offer insights on advancements in the MENA corrosion protective coatings & acid proof linings market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the MENA corrosion protective coatings & acid proof linings market over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts and opportunities for manufacturers operating in the MENA corrosion protective coatings & acid proof lining market.

This Future Market Insights report examines the MENA corrosion protective coatings & acid proof linings market for the period 2016–2026 in terms of value and volume. The primary objective of the report is to offer updates on developments in the MENA corrosion protective coatings & acid proof linings market and conduct quantitative as well as qualitative assessment of the market across various derivatives, applications and regional market segments.

On the basis of product type, the MENA corrosion protective coatings and acid proof linings market is segmented as follows:

MENA Corrosion Protective Coatings Market by Product Type

  • Polymer Coatings
  • Epoxy
  • Polyurethane
  • Polyurea
  • Alkyd
  • Acrylic
  • Fluoro polymer
  • Vinyl Ester and flake-filled vinyl ester
  • Rubber Linings System
  • Hard rubber lining systems
  • Soft rubber lining systems 

MENA Acid Proof Linings Market by Product Type

  • Ceramic & Carbon Brick Lining
  • Tile lining
  • Thermoplastic lining 

On the basis of application, the MENA corrosion protective coatings and acid proof linings market is segmented as follows:

  • Marine Industry
    • Ballast tanks
    • Sea water intake pipelines
  • Oil & Gas Industry
  • Power Generation Industry
  • 9jCTransportation Vehicles
    • Road tankers
    • Cars
    • Rail tankers
    • ISO-tanks
  • Chemicals Industry
    • Phosphoric acid manufacturing
    • Hydrochloric acid manufacturing
    • Chlorine
    • Caustic Soda
  • Mining & Metallurgy Industry
    • Phosphate mining and processing
    • Aluminum mining and processing
    • Copper mining and processing
    • Nickel mining and processing
    • Gold mining and processing
    • Steel pickling and processing
  • Water Treatment
    • Desalination
    • Sewage treatment
    • Process water 

To understand and assess market opportunities and trends, the report is categorically split into sections such as market overview, list of major end users, market analysis, analysis by product type, analysis by end-use industry and by country. Each section discusses qualitative and quantitative aspects of the MENA corrosion protective coatings and acid proof linings market. To give a brief idea about revenue opportunities from various application and region/country, the report provides absolute $ opportunity and total incremental opportunity for each segment over the forecast period. 

The MENA corrosion protective coatings and acid proof linings market report starts with an overview and provides product definition. The report then assesses major companies/clients/end-user by industry with estimated installed base of equipment requiring corrosion protection and acid proofing. The report includes an exhaustive list of major Engineering, Procurement, Construction Management (EPCM) EPCM companies/clients/end users by country. The sections that follow includes MENA corrosion protective coatings and acid proof linings market analysis, by product type, by end-use industry and further by country level analysis. The report evaluates all the above sections on the basis of various factors affecting the market. In the report, 2015 is considered as the base year for market data analysis, with market numbers estimated for 2016 and forecast for 2017-2026. 

In the final section of the report, a competitive landscape has been included to provide audiences thorough understanding to evaluate their strategies, regional prominence and key capabilities. Detailed profiles of key market participants have been provided. Some of these include Cape RB Hilton Saudi Arabia Ltd., Hertel OTC, StonCor Middle East LLC, Kaefer LLC., REMA TIP TOP AG, KCC Corrosion Control Co., StonCor Middle East LLC, Anticorrosion Protective Systems L.L.C., Al Gurg Paints LLC., Ineco Limited, Global Suhaimi, Ocean Rubber Factory LLC, Hajjan Trading & Industrial Services Company Ltd. (HATCON), Rezayat Protective Coating Company Ltd., Al-sabaiea National Gen. Cont. & Gen. Trd. Co., Bahrain Rubber Company W.L.L., DicoTech Limited, General Industries Co., Ltd., FABA Commercial Services W.L.L., Beugin Industrie Sas, GARAY Group, Arcoy Morac SARL, Uniresins Proprietary Limited, GEAS RIVESTIMENTI s.r.l., Al Dobowi Limited, Aderan Dej Co., Ltd., Wisdom Group, Keran Wazin Sanat Co., Binzagr Factory for Insulation Materials Co., Ltd., International Coatings Iran, Kasra Industrial Lining and Coating Company and Payesh Sanat Pooyesh (PSP) (Corrocoat). 

Key Countries Covered

  • United Arab Emirates (UAE)
  • Saudi Arabia
  • Qatar
  • Oman
  • Kuwait
  • Bahrain
  • Iran
  • Iraq
  • Morocco
  • Egypt
  • Jordan