Latest industry survey by Fact MR, predicts Solvent-Based Steel Pipe Coatings sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The report offers actionable and valuable market insights of Solvent-Based Steel Pipe Coatings. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Solvent-Based Steel Pipe Coatings Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Solvent-Based Steel Pipe Coatings market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Solvent-Based Steel Pipe Coatings
This newly published and insightful report sheds light on Market Insights of Solvent-Based Steel Pipe Coatings, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Solvent-Based Steel Pipe Coatings Market.
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Market Segments Covered in Steel Pipe Coatings Industry Research
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By Pipe Diameter
- DN 350 – DN 600 Steel Pipes
- DN 700 – DN 1000 Steel Pipes
- DN 1200 – DN 2000 Steel Pipes
- DN 2000 – DN3000 Steel Pipes
- DN 3000 & Above Steel Pipes
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By Solution
- Solvent-free Steel Pipe Coatings
- Solvent-based Steel Pipe Coatings
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By Coating Material
- Fusion Bonded Epoxies
- Fluoropolymer Steel Pipe Coatings
- Polyolefin Steel Pipe Coatings
- Polyethylene
- Polypropylene
- 2LPP
- 3LPP
- Coal Tar Epoxies
- Epoxy Coated Steel Pipes
- High Performance Powder Steel Pipe Coatings
- Flow Efficiency Steel Pipe Coatings
- Liquid Epoxy Steel Pipe Coatings
- Others
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By Application Area
- Internal Steel Pipe Coatings
- External Steel Pipe Coatings
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By End-use Industry
- Steel Pipe Coatings for Oil & Gas Industry
- On Shore
- Off Shore
- Steel Pipe Coatings for Aerospace Industry
- Steel Pipe Coatings for Automotive Industry
- Steel Pipe Coatings for Marine Industry
- Steel Pipe Coatings for Water Transportation Industry
- Fresh Water
- Brine
- Others
- Steel Pipe Coatings for Oil & Gas Industry
Competitive Landscape
Majority of companies discussed in the report have focused on product launches and expanding their manufacturing units in developing regions. Strategies include innovation, collaborations with key players, partnerships, strategic alliances, and strengthening of regional and global distribution networks.
Some of the key developments are:
- On 1st April 2020, AkzoNobel acquired a leading Mauritius-based paints and coatings company Mauvilac Industries Limited. The complete acquisition helps the company strengthen its distribution network across Europe and Africa.
- In January 2021, AkzoNobel signed an agreement with Guangdong Water to supply powder coatings for a landmark water pipeline in China.
- In February 2021, Arkema acquired Poliplas, a leader in hybrid-technology sealants and adhesives. The acquisition reinforce its presence in the Brazilian fast-growing construction adhesives market.
- On 5th May 2021, Axalta completed the expansion of its waterborne coatings plant in Shanghai, China. Expansion of the plant was done looking into the growing demand for sustainable coating solutions for commercial and industrial markets in China and the Asia Pacific region.
Key Takeaways from the Market Study
- By end use application, music streaming services to make major use, expanding at 5% CAGR
- More than 3 out of 5 background music services to be deployed across cafes & restaurants
- U.S to emerge as a lucrative market, accounting for over 50% background music demand
- India experiencing substantial uptake, poised to register 2/5th of global background music demand
- Emergence of coffee joints to propel demand in Germany, registering a CAGR of 8%
- China, Japan and South Korea likely to emerge as highly opportunistic markets
- Global background music market demand to expand nearly 2x by 2031
“Emphasis on providing conducive ambience is prompting outdoor settings, including restaurants, cafes and gyms, to invest in good quality background music solutions, inclining growth,” says the Fact.MR analyst.
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