Corrosion protection rubber linings and coatings are basically designed to prevent degradation in structures while exposed to extremely corrosive environments. Corrosion protection rubber linings & coatings act as a barrier between corrosive environment and material and prevent wear and tear if structures, enhancing their lifetime. Corrosion protection rubber coatings are employed using rubber foils to protect metal or concrete against abrasion, corrosion, and chemicals. Applications include waste incineration plants, storage tanks, condensers, drinking water treatment plants, reaction vessels, scrubbers, piping, rail car tanks, valves, fittings, gas desulfurization plants, and others. The durability of coatings mainly depends on the ratio of the quality of the rubber foils & the quality of process employed. These coatings are utilized to prevent corrosion of components and equipment made out of metals and concrete. Hence, they are of utmost importance for the smooth function of this equipment.
MARKET DYNAMICS
The corrosion protection rubber linings & coatings market has witnessed significant growth owing to factors such as wider application in industries such as marine, oil & gas, power generation, construction, automotive & transportation, and others. The rapid adoption of automation, mainly in automobile manufacturing, has propelled the demand for enhanced coatings, which offer a permanent solution to the chemical as well as mechanical corrosion. Moreover, the rise in the shift toward the adoption of technologically advanced corrosion coatings has further resulted in a requirement for the development of materials that have resistance to highly-volatile deterioration. A key trend that has been observed in the global market for corrosion protection rubber linings & coatings is the growing inclination towards waterborne technology from solvent-borne technology. However, various regulations on the raw materials used in these products may hamper the growth of the corrosion protection rubber linings and coatings market. Nevertheless, with the steady growth in the automotive food industry and rubber industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Corrosion Protection Rubber Linings and Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the corrosion protection rubber linings and coatings market with detailed market segmentation by form, product type, end-use industry, and geography. The global corrosion protection rubber linings and coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading corrosion protection rubber linings and coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global corrosion protection rubber linings and coatings market is segmented on the basis of form, product type, and end-use industry. On the basis of form, the corrosion protection rubber linings and coatings market is segmented into water-based, solvent-based, and powder-based. The corrosion protection rubber linings and coatings market on the basis of the product type is classified into hard rubber lining systems and soft rubber lining systems. On the basis of end-use industry, global corrosion protection rubber linings and coatings market is bifurcated into marine, oil & gas, power generation, construction, automotive & transportation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global corrosion protection rubber linings and coatings market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The corrosion protection rubber linings and coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the corrosion protection rubber linings and coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the corrosion protection rubber linings and coatings market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global corrosion protection rubber linings and coatings market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from corrosion protection rubber linings and coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for corrosion protection rubber linings and coatings in the global market. Below mentioned is the list of few companies engaged in the corrosion protection rubber linings and coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the corrosion protection rubber linings and coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzo Nobel NV.
- Ashland Inc.
- Axalta Coating Systems Ltd.
- BASF Coatings GmbH
- Jotun A/S
- Koch Knight LLC
- Polycorp Ltd.
- PPG Industries, Inc.
- Steuler-KCH GmbH
- The Sherwin-Williams Company
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