Corrosion Under Insulation & Spray-on Insulation Coatings Market Scope
Corrosion Under Insulation & Spray-on Insulation Coatings Market report gives granular insights into industry dynamics (Key drivers, trends, restraints and opportunities), market segmentation details, regional revenue analysis and growth rate of top manufacturers - Akzo Nobel N.V. (Netherlands), PPG Industries, Inc., (US), Jotun A/S (Norway), The Sherwin-Williams Company (US), Hempel A/S (Denmark), Kansai Paint Co., Ltd (Japan) & so on...
Corrosion Under Insulation and Spray On Insulation Coatings Market was valued at USD 1.9 billion in 2022 and is projected to reach USD 2.3 billion by 2027, growing at a cagr 4.7% from 2022 to 2027.
"Corrosion Under Insulation & Spray-on Insulation Coatings Market" Insights 2022 – Type (Epoxy, Acrylic, Silicone, and Others), End-Use Industry Oil & Gas, and Petrochemical, Marine, Energy & Power) & Regions and Forecast to 2027. The Global Corrosion Under Insulation & Spray-on Insulation Coatings market Report provides In-depth analysis on the market status of the Corrosion Under Insulation & Spray-on Insulation Coatings Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Corrosion Under Insulation & Spray-on Insulation Coatings Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250047061
Corrosion Under Insulation & Spray-on Insulation Coatings Market Dynamics
- Driver: Increasing need for efficient processes and longer life of the equipment
- Restraint: Stringent environmental regulations
- Opportunity: Increasing demand for high-efficiency, high-performance CUI & SOI coatings
- Challenge: Rising use of substitutes in the market
Browse in-depth TOC on "Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market"
270 – Tables
50 – Figures
207– Pages
View Detailed Table of Content here https://www.marketsandmarkets.com/Market-Reports/corrosion-under-insulation-cui-spray-on-insulation-soi-coatings-market-250047061.html
Corrosion Under Insulation & Spray-on Insulation Coatings Market Key Players
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
- Akzo Nobel N.V. (Netherlands)
- PPG Industries, Inc., (US)
- Jotun A/S (Norway)
- The Sherwin-Williams Company (US)
- Hempel A/S (Denmark)
- Kansai Paint Co., Ltd (Japan)
- Nippon Paint Co., Ltd. (Japan)
- RPM International Inc (US)
The epoxy-based CUI & SOI coatings to lead the market, by type, during the forecast period.
Epoxy-based CUI coatings have been estimated to lead the market during the forecast period. It is widely used in CUI & SOI coating because of its excellent grip, and chemical resistant properties. The properties of epoxy-based coatings can be improved by the suitable addition of additives and modifiers to meet the required specifications. They are hard and resist humidity, abrasion, acid, water, alkali, and seawater. They hold low volatility and are water cleanable. These features make them ideal for use on metal surfaces such as cast iron and aluminum.
Shipbuilding and maintenance & repair in the maritime sector are key applications of epoxy CUI & SOI coating. Infrastructure, oil & gas, and petrochemical are the other significant end-use industries of epoxy-based CUI & SOI coatings.
Request Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=250047061
The oil & gas, and petrochemical segment are estimated to be the largest end-use industry in the CUI & SOI coatings market during the forecast period.
Intense and hazardous operations are conducted in the oil & gas industry. CUI & SOI coatings are used for oil & gas pipelines (new & repair), which include onshore & offshore operations. This industry is growing rapidly, as many refineries globally are converting into integrated plants. This resulted in the development of infrastructure, which has enabled the growth of the CUI & SOI coatings market.
The CUI & SOI coatings market in the Asia Pacific is expected to register the highest CAGR during the forecast period.
The market for CUI & SOI coatings in APAC is projected to register significant growth, and this trend is projected to continue during the forecast period. Asia Pacific is the fastest-growing CUI & SOI coatings market globally. This is attributed to economic growth, followed by large investments in various industries such as petrochemical, oil & gas, marine, energy & power, and others. APAC is the most lucrative market and should be the same in the near future.
APAC is the center of foreign investments and booming manufacturing sectors due to the low-cost labor and inexpensive availability of land. The rise in demand for CUI & SOI coatings can be ascribed to the growing marine, oil & gas, and petrochemical industries. These factors are contributing to the rising demand for CUI & SOI coatings in the Asia Pacific.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics.
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed based on how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pinpoint analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
*** Also Browse Trending Report of MNM ***
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek