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Pipe coatings are protective coatings applied on pipe metal surfaces to enhance its surface properties such as color, thermal properties, wear and electrical resistance, and corrosion resistance. The coatings can be single-layer to triple-layer based on the surrounding in which the pipes are laid out. Various factors must be considered to choose proper coatings, such as technical requirements, economics, and government regulations among others.
According to Researcher, the global Pipe Coatings market is expected to witness a significant growth rate during the forecast period. The market is expected to grow at a CAGR of around 5%. The major factors driving the Pipe Coatings marketgrowth are the growing industrial sector and demand from end-users. The number of shale gas explorations and chemical process industries are increasing due to which piping networks are being developed to accommodate the current needs. However, the competition from renewable energy sources can serve as a restraint to the market. Due to stringent environmental norms, the adoption of green coatings can act as an opportunity for the growth of the market.
Globally, the North American region dominates the Pipe Coatings market owing to its massive oil and gas production and extensive piping network. The Asia Pacific region is the fastest-growing region in the pipe coatings market due to increasing demandfrom end-users like oil and gas, agriculture, chemical transport, etc. Rapid urbanization in the developing economies has resulted in real-estate growth for both residential and commercial purposes, due to which piping infrastructure is being developed.
The global Pipe Coatings market is consolidated. The major players in the global Pipe Coatings market are 3M, BASF SE, PPG Industries, Sherwin Williams Company, Akzo Nobel NV, among others.
Global Pipe Coatings Market report provides deep insight into the current and future state of the Pipe Coatings market across various regions. The study comprehensively analyzes the Pipe Coatings market by segmenting based on form (Liquid Coatings & Powder Coatings), material type (Asphalt Enamel, Coal Tar Enamel, Epoxy Layered, Thermoplastics, Vinyl Ester-based & Other Types), end-user industry(Agriculture, Chemical Processing and Transport, Mining, Oil and Gas, Water and Wastewater Treatment & Other end-users) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
According to Researcher, the global Pipe Coatings market is expected to witness a significant growth rate during the forecast period. The market is expected to grow at a CAGR of around 5%. The major factors driving the Pipe Coatings marketgrowth are the growing industrial sector and demand from end-users. The number of shale gas explorations and chemical process industries are increasing due to which piping networks are being developed to accommodate the current needs. However, the competition from renewable energy sources can serve as a restraint to the market. Due to stringent environmental norms, the adoption of green coatings can act as an opportunity for the growth of the market.
Globally, the North American region dominates the Pipe Coatings market owing to its massive oil and gas production and extensive piping network. The Asia Pacific region is the fastest-growing region in the pipe coatings market due to increasing demandfrom end-users like oil and gas, agriculture, chemical transport, etc. Rapid urbanization in the developing economies has resulted in real-estate growth for both residential and commercial purposes, due to which piping infrastructure is being developed.
The global Pipe Coatings market is consolidated. The major players in the global Pipe Coatings market are 3M, BASF SE, PPG Industries, Sherwin Williams Company, Akzo Nobel NV, among others.
Global Pipe Coatings Market report provides deep insight into the current and future state of the Pipe Coatings market across various regions. The study comprehensively analyzes the Pipe Coatings market by segmenting based on form (Liquid Coatings & Powder Coatings), material type (Asphalt Enamel, Coal Tar Enamel, Epoxy Layered, Thermoplastics, Vinyl Ester-based & Other Types), end-user industry(Agriculture, Chemical Processing and Transport, Mining, Oil and Gas, Water and Wastewater Treatment & Other end-users) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
