"Anti-Corrosion Coating Market - Global Forecast to 2021" now available at Fast Market Research

Anti-Corrosion Coating Market by Type (Epoxy, Polyurethanes, Acrylic, Alkyd), Technology (Solvent, Water, Powder), End-use Industry (Marine, Oil & Gas, Industrial, Infrastructure, and Power Generation) & by Region - Global Forecast to 2021

"Anti-corrosion coating market projected to register a CAGR of 5.1%"

The market size of anti-corrosion coating is expected to reach USD 30.04 billion by 2021, registering a CAGR of 5.1% between 2016 and 2021. The growth is primarily triggered by its huge demand from the Asia-Pacific region and the growing end-use industries such as marine, oil & gas, infrastructure, industrial, power generation, and automotive & transportation. Liberalization of foreign trade & investments and change in industrial policies has led to rapid industrialization in China for the past three decades. This, in turn, is contributing to the increasing demand for anti-corrosion coating in the Asia-Pacific region.

Full Report Details at
- http://www.fastmr.com/prod/1195281_anti_corrosion_coating_global.aspx?afid=301

"Epoxy anti-corrosion coating expected to dominate the market"

Epoxy anti-corrosion coating led the global anti-corrosion coating market in 2015. Higher demand for epoxy anti-corrosion coating is owing to the compatibility of epoxy with other coating materials. The dominance of epoxy anti-corrosion coating is mainly due to its properties such as good corrosion protection, water resistance, and adhesion to steel. In addition, the increasing demand from the various end-use industries such as marine, oil & gas, infrastructure, and automotive & transportation is fuelling the growth of epoxy anti-corrosion coating.

"Asia-Pacific projected to be the fastest-growing market during the forecast period"

Asia-Pacific is projected to be the largest and the fastest-growing market of anti-corrosion coating, globally. This is mainly attributed to high economic growth rate, followed by heavy investment in the end-use industries such as automotive, infrastructure, and alternative power generation. With economic contraction and saturation in the European and North American markets, demand is shifting to the Asia-Pacific region. Moreover, with Chinese enterprises offering cheap labor and foreign enterprises providing advanced technologies, the anti-corrosion coating market experiences significant growth in the region.

Breakdown of profile of primary interviews for the report

* By Company Type - Tier 1 - 30%, Tier 2 -43%, and Tier 3 - 27%
* By Designation - C Level - 21%, Director Level - 23%, and Others - 56%
* By Region - North America - 37%, Europe - 23%, Asia-Pacific - 26%, and RoW - 14%

Some of the key companies profiled in this report are AkzoNobel N.V. (Netherlands), PPG Industries, Inc. (U.S.), Hempel A/S (Denmark), Jotun A/S (Norway), Axalta Coating System Ltd. (U.S.), The Sherwin-Williams Company (U.S.), Kansai Paints Co. Ltd. (Japan), RPM International, Inc. (U.S.), BASF SE (Germany), and Ashland Inc. (U.S.).

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