According to a new market research report published by Global Insight Services “Pipe Coatings Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Pipe coatings are materials that are applied to the exterior of pipes to protect them from corrosion and wear. The most common type of pipe coating is a thin layer of zinc that is applied to the surface of the pipe. This type of coating is known as galvanized pipe coating. Other types of pipe coatings include paint, plastic, and metal.
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Key Companies
The Pipe Coatings Market includes players such as E.I. Dupont De Nemours and Co., the DOW Chemical Company, Lyondellbasell Industries Holdings B.V., Wasco Energy Group of Companies, Celanese Corporation, BASF SE, AkzoNobel, PPG Industries Inc. and 3M Company
Key Trends
There are three key trends in pipe coatings technology:
1. Increased use of high-performance coatings: High-performance coatings are becoming increasingly popular for use in pipe coatings due to their superior performance compared to traditional coatings. These coatings are typically made from polymers or other materials that offer better resistance to corrosion, abrasion, and other forms of wear.
2. Improved application methods: The methods used to apply pipe coatings have also been improving, thanks to advances in technology. Newer methods, such as electrostatic spraying, are able to apply coatings more evenly and with less waste.
3. Increased focus on sustainability: Sustainability is becoming an increasingly important consideration in all aspects of business, and pipe coatings are no exception. There is a growing trend towards using sustainable materials and methods in pipe coatings, in order to reduce the environmental impact of the manufacturing process.
Key Drivers
The key drivers of the Pipe Coatings market are the increasing demand for anti-corrosion coatings from the oil & gas and water & wastewater industries, and the growing infrastructure activities in the Asia-Pacific region.
The oil & gas industry is the largest end-use industry for pipe coatings, and the demand for pipe coatings from this industry is driven by the need to protect pipelines from corrosion. In the water & wastewater industry, pipe coatings are used to protect pipes from corrosion and abrasion. The demand for pipe coatings from this industry is driven by the need to upgrade aging infrastructure and to comply with environmental regulations.
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Market Segments
The global Pipe Coatings Market is segmented on the basis of type, surface, form and region. By type, the market is classified into concrete coatings, fusion bonded epoxy coatings, bituminous coatings, thermoplastic polymer coatings, and others. By surface, the market is classified into external and internal surface. By form, it is fragmented into liquid coatings and powder coatings. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Pipe Coatings Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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