MARKET OVERVIEW
The pipe coatings are applied to the exterior and interior surfaces of pipes and can be made from various materials, including polyethylene, fusion-bonded epoxy, and ceramic. The pipe coatings market is expected to grow in the coming years due to increasing demand for infrastructure development and the need to protect pipelines from corrosion and other forms of damage. Factors such as increasing oil and gas production, growing water and sewage treatment demand, and the need to upgrade aging pipelines are also expected to drive market growth.
MARKET DYNAMICS
The pipe coatings market is anticipated to grow during the forecast period owing to driving factors such as developments in the global pipeline market coupled with rising shale gas reserves and shale gas explorations. The growth of the oil and gas and other chemical processing industries further fuel the growth of the pipe coatings market. However, the high content of VOC in the coatings is a major restraining factor for the pipe coatings market. Nonetheless, mobile coating technology and the adoption of green coatings offer significant opportunities for the pipe coatings market during the forecast period.
MARKET SCOPE
The "Global Pipe 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 pipe coatings market with detailed market segmentation by surface, form, type, end-use industry, and geography. The global pipe coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pipe coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pipe coatings market is segmented on the basis of surface, form, type, and end-use industry. By surface, the market is segmented into internal surface coatings and external surface coatings. Based on form, the market is segmented as powder and liquid. On the basis of the type, the market is segmented as thermoplastic polymer coatings, fusion bonded epoxy (FBE) coatings, concrete coatings, and others. The market on the basis of the end user is classified as oil & gas industry, water & wastewater treatment, chemical processing, 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 pipe 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 (Asia Pacific), Middle East and Africa (Middle East Africa) and South & Central America. The pipe 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 pipe 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, Asia Pacific, Middle East Africa, and South & Central America after evaluating political, economic, social and technological factors affecting the pipe coatings market in these regions.
MARKET PLAYERS
The reports cover key developments in the pipe coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from pipe coatings market are anticipated to witness lucrative growth opportunities in the future with the rising demand for pipe coatings in the global market. Below mentioned is the list of few companies engaged in the pipe coatings market.
The report also includes the profiles of key pipe coatings companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
3M Company
Akzo Nobel N.V.
Arabian Pipe Coating Company
Arkema Group
Axalta Coating Systems
PPG Industries, Inc.
Shawcor Ltd.
Specialty Polymer Coatings, Inc.
The Sherwin-Williams Company
Wah Seong Corporation Berhad