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Anticorrosion Coatings Market: US$ 24,837.37 Mn to US$ 38,175.87 Mn by 2030
The second is growth in emerging economies more broadly. Rising industrial output and new infrastructure create steady demand. The total addressable market for 2022 to 2030 is projected at about US$ 254,738.51 million. Makers that offer low-VOC, long-life and smart coatings are well placed to win a share. As industry and infrastructure keep expanding, demand for protection against corrosion should stay strong.
Frequently Asked Questions
- Who are the major players in the anticorrosion coatings market?
Major players include RPM International Inc, The Sherwin-Williams Co, Akzo Nobel NV, Jotun AS, PPG Industries Inc, 3M Co, The Progressive Center Co for Construction Chemicals Ltd, Nippon Paint Holdings Co Ltd, BASF SE and HB Fuller Co.
- Which resin type holds the largest share?
Epoxy holds the largest share. It forms a tough, chemical-resistant barrier that protects metal for years.
- Which region is the largest?
Asia Pacific holds the largest share. It was valued at about US$ 3,000 million in 2022.
- Which technology is expected to grow fastest?
The water-borne segment is expected to grow fastest. It cuts VOC emissions and is kinder to the environment.
Related Reading / Reports
Explore additional research from The Insight Partners covering related coatings, sealants and adhesives markets:
- Antimicrobial Coating Market — covers protective coatings that limit the growth of germs on surfaces.
- Sealants Market — looks at materials used to seal joints and gaps in buildings and products.
- Adhesives and Sealants Market — covers bonding and sealing products across industries.
- Flashing Tape Market — examines tapes that keep water out of building joints and openings.
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