Market Overview

Anti-rust coating is used to prevent corrosion of metals from moisture, humidity, salt spray, and exposure to a variety of environmental or industrial chemicals.

Technologically, the anti-rust coating is manufactured as solvent-based, waterborne, powder coating, and UV cured. Presently, the waterborne coating is the largest segment driving the market growth due to the low emission of VOCs. The powdered coating is an excellent choice due to its zero VOC emission and environmentally friendly nature. It also offers properties such as durability, scratch resistance, resistance to chalking, gloss retention, and improved coating efficiency. Additionally, it qualifies American Architectural Manufacturing Association (AAMA) specifications for an eco-friendly process. Although solvent-based coating offers superior properties such as less drying time and block resistant feature, it has high VOC content. Anti-rust coating market is primarily driven by its application in various end-use industries such as marine, oil gas, shipbuilding, infrastructure, transportation, aerospace defense, and others. Offshore and civilian marine industries demand anti-rust coating for shipbuilding and boat repairing due to its cost-effectiveness and superior properties of water and corrosion resistance. Sophisticated drilling, wellhead, and subsea equipment demand anti-rust coating for oil gas exploration and extraction. The properties such as scratch resistance, glossy appearance, lesser drying period are extensively required in automotive, infrastructure, and transportation, which is likely to surge the market growth during the forecast period.

Market Segmentation

The global Anti-Rust Coating Market is segmented on the basis of the type, technology, end-use industry, and region.

On the basis of the types, the global anti-rust coating market is segmented into epoxy, polyurethane, acrylic, alkyd, zinc, chlorination, and others.

Based on the technology, the global market Segmental Analysis is categorized into solvent-based, waterborne, powder coating, and UV cured.

On the basis of the end-user industries, the global market is segregated into marine, oil gas, power generation, shipbuilding, infrastructure, transportation, aerospace defense, and others.

Regional Analysis

The global Anti-Rust Coating market analysis is segmented into five major regions Asia Pacific, North America, Latin America, the Middle East Africa, and Europe.

The Asia Pacific is expected to emerge as the largest region in the global the anti-rust coating market due to high demand from end-use industries such as building construction, transportation, and automotive. China is the largest market in terms of value in this region on account of the largest building construction sector. India, Japan, Indonesia, Malaysia, and other countries contributing to the market growth on account of the growing end-user industries.

Presence of a large number of oil deposits in Brazil and Venezuela fuels the regional market growth in Latin America. Exploring and drilling activities for oil gas reserves drive the market growth in this region.

North America is another substantial region in the anti-rust coating market growth due to the product use in automotive and aerospace defense industries. The U.S. accounted for a major market share owing to the growing automotive and use in the aerospace defense sector.

The Middle East Africa is expected to witness market growth due to the abundant availability of oil gas deposits in countries such as Saudi Arabia and the UAE.

Europe is likely to witness a sluggish growth owing to European Union Regulations 2012 on VOC emission.

Get Free Sample Report copy Here @

https://www.marketresearchfuture.com/sample_request/5697

Competitive Analysis

Some of the prominent manufacturers in the global market of anti-rust coating analysis are Akzo Nobel N.V. (Netherlands), PPG Industries, Inc. (U.S.), Axalta Coating Systems Ltd. (U.S.), BASF SE (Germany), The Sherwin-Williams Company (U.S.), Ashland Inc. (U.S.), Kansai Paint Co., Ltd. (Japan), Hempel A/S (Denmark), Nippon Paints Co. Ltd (Japan), Jotun (Norway), RPM International Inc. (U.S.), DowDupont (U.S.), Bluechem (Africa), Chugoku Marine Paints Ltd. (Japan), and Clariant (Switzerland).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com

Related Report:

https://www.extrain.info/%e3%83%9d%e3%83%aa%e3%83%93%e3%83%8b%e3%83...

https://www.extrain.info/aspen-aerogels%e3%80%81cabot-corporation%e...

https://www.extrain.info/%e9%85%a2%e9%85%b8%e3%82%a8%e3%83%81%e3%83...

https://www.extrain.info/%e6%b0%b4%e9%85%b8%e5%8c%96%e3%83%aa%e3%83...