Corrosion Protective Coatings Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecast To 2026

Global Corrosion Protective Coatings Market was valued at USD 12.5 Billion in 2015, growing at CAGR of 7.2% over 2020-2026. Growing use of epoxy-based paints and coatings in production industries, surging demand in ships and naval sector, rising demand for waterborne products on account of low flammability and reduced emissions of toxic gases are factors driving the market.

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Increasing demand for corrosion protective coatings in the construction industry due to their low prices and effective application for the protection of metal is driving the market growth. Additionally, the boom in construction industries in Asia Pacific and the Middle East & Africa is fueling the demand for these coatings. Factor such as the need to protect high-value assets from any external damages and rise in maintenance costs have resulted in increased demand for corrosion protective coatings. This, in turn, is projected to drive the market growth.

Segments Covered in the Report

The global corrosion protective coatings market has been segmented on the basis of types, applications, and regions

By Types

• Alkyd
• Acrylic
• Epoxy
• Polyurethane
• Zinc

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By Applications

·         Automotive

·         Oil & Gas

·         Marine

·         Construction

·         Industrial

By Regions

·         North America

·         Europe

·         Asia Pacific

·         South America

·         Middle East & Africa

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