Pipe Coating Market growth, applications & regional performance 2016 – 2024

18/mag/2017 14:30:21 Global Market Insights Contatta l'autore

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Pipelines Market has extensive involved in transporting chemicals, oil & gas, water and various industrial processes. It protects from corrosion, abrasion, and other reactions from water, acid, CO2, H2S, sunshine which thereby affect product performance and longevity 

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Pipe Coating Market size is likely to register steady gains over the forecast timeframe. It is applied on metal surfaces to prevent corrosion. Positive outlook in oil & gas and chemical processing industries should drive product demand. They are used in gas handling equipment, fire suppressant systems, and water treatment plants.

North America, driven by the U.S. pipe coating market size, may expect gains owing to presence of numerous manufacturing companies along with increase in pipeline construction spending should drive regional industry growth. Increase in gas reserves and shale gas exploration may show an uptrend in this region, thereby stimulating product demand.

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The differentiating factor of Pipe Coating Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focussed multiple trends for Pipe Coating Market are discussed along with regional trends to offer an overall view of the market.

The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Pipe Coating Market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Pipe Coating Market support this sector specific data and information points.

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Global thermoplastic pipe coating market may register close to 6% by 2024. PVC, polypropylene, PE are widely used polymers owing to its lightweight and cheaper costs. They are used in sewage, irrigation, mining, construction and chemical processing industries due to their chemical resistance capacity, and can be recycled for reuse as they are environment friendly.

Fusion bonded epoxy pipe coating market may witness gains owing to its high adhesion to metals, excellent chemical resistant, thermosetting, and lightweight properties. These are mainly designed for oil & gas industry to help pipelines against corrosion.

Global pipe coating market share is consolidated. Key market players include BASF, Arkema, LyondellBasell Industries, and AkzoNobel. Other prominent companies include L.B. Foster, Ball Winch, The Bayou Companies and ShawCor.

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