Global Anti-Corrosion Coatings for Thermal Power Market Research Report 2022

Anticorrosive coating refers to a kind of liquid or solid material coated on the surface of an object that can form a film under certain conditions to protect, decorate or have other special functions (insulation, rust prevention, mildew prevention, heat resistance, etc.).
Market Analysis and Insights: Global Anti-Corrosion Coatings for Thermal Power Market
Due to the COVID-19 pandemic, the global Anti-Corrosion Coatings for Thermal Power market size is estimated to be worth US$ 845.5 million in 2022 and is forecast to a readjusted size of US$ 753.6 million by 2028 with a CAGR of -1.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Solvent Base accounting for % of the Anti-Corrosion Coatings for Thermal Power global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Coal-fired Power Generation segment is altered to an % CAGR throughout this forecast period.
Among many applications, coal-fired power generation has the largest market share.
In 2019, consumption of coal-fired power generation reached 84 percent.
The industry producers are mainly PPG, Akzo Nobel, Haihong Senior, Jotun paint, Kansai paint, Xuanwei and so on.
Akzonobel is the world's largest producer, with an annual output of nearly 20,000 tons in 2019, accounting for 12% of global output.
There are three main types of anti-corrosion coatings in the thermal power industry: solvent-based, water-based and powder coatings, among which solvent-based is the most important product type. In 2019, the output of this type will exceed 100,000 tons, accounting for 66% of the global total.
Next is water-based coating, this kind of coating is a kind of environmental protection coating, as the enhancement of environmental protection consciousness, its growth rate will exceed solvent-based coating in the future.
As the main market of thermal power is China, the major consumer of anti-corrosion coatings in thermal power industry is China (mainland), whose consumption reaches 134,000 tons in 2019, accounting for 86% of the total global consumption.
Followed by the US, with less than 5 per cent of consumption.
Global Anti-Corrosion Coatings for Thermal Power Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Anti-Corrosion Coatings for Thermal Power Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Solvent Base
Water-Based
Powder
Segment by Application
Coal-fired Power Generation
Gas Power Generation
Fuel Power Generation
Other
By Company
PPG
AkzoNobel.Co
Hempel A/S
Jotun
Kansai Paint Co.,Ltd.
Nippon Paint Holdings Co.Ltd
RPM International
Sherwin-Williams Company
Taicang Kailin Paint Co.Ltd
Jiangsu Lanling Chemical Co
YUNG CHI PAINT & VARNISH MFG. CO.,LTD
Wuhan twin tigers Coating Co., Ltd.
Anhui Linghu lacquer Co. LTD
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

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