Steel Pipe Coatings Market 2018-2028 Shares, Trend and Growth ReportPosted by ankush Nikam on September 10th, 2019 Steel Pipe Coatings Market – Introduction Steel pipelines are used in an array of industries such as food and beverages, chemicals, mining, oil & gas, building & construction, and others. However, corrosion can substantially reduce the lifetime and durability of steel pipelines. Steel pipe coatings are chemical compounds which are used to prevent corrosion and improve the durability of the pipelines. Companies operating in the steel pipeline coatings market are increasingly investing in research and development of innovative and high-performance coatings to gain a competitive edge. Burgeoning Demand for Energy to Propel Steel Pipe Coatings Market Growth According to a recent report by the International Energy Agency, the global energy demand registered a growth of over 2% which was the fastest in the last decade. Additionally, natural gas and petroleum-based fuels were identified as the most preferred forms for energy generation. With demand for energy on the rise, oil and fuel exploration activities are expected to intensify in the foreseeable future. Steel pipes are used extensively in oil exploration activities with the equipment finding use at each stage of exploratory operations and in distribution networks. In addition, advancements in the fracking procedure are allowing companies to access huge deposits of shale oil. Demand for steel pipes in the oil and gas industry is expected to witness a significant surge which, in turn, is likely to fuel steel pipe coatings market growth. Nanotechnology to Aid in the Development of High-Performance Steel Pipe Coatings Breakthroughs in nanotechnology are allowing manufacturers to leverage the technology for the production of high-performance steel pipe nanocoatings. Hybrid nanocoatings exhibiting superior abrasion and corrosion resistance are finding widespread adoption in the oil and gas industries. Manufacturers in the steel pipe coatings market are also using nanotechnology for production of ceramic nanocoatings specifically for use in marine pipe coatings. Additionally, the technology is aiding manufacturers in the development of coatings for use in specific applications. Steel pipe coatings market is estimated to proliferate with nanotechnology expected to witness further developments in the foreseeable future. Request Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=2106 Sustainability to Drive Innovations in the Steel Pipe Coatings Market Growing concerns about increasing greenhouse gas emissions in addition to intensifying governmental campaigns to ensure environmental protection is prompting manufacturers in the steel pipe coatings market to find eco-friendly and sustainable alternatives to the traditional materials. In addition, growing concerns regarding coatings polluting groundwater is capturing attention from regulatory authorities. Companies are increasingly working towards the development of sustainable and eco-friendly steel pipe coatings in order to comply with tightening regulations. Manufacturers are investing heavily in research and development of geopolymer which offers bright prospects of achieving the goal of sustainability. Developed using aluminosilicate particles, geopolymer’s superior chemical and physical properties make it a suitable candidate for use as steel pipe coatings. In addition, its hazardous waste capturing capability can make it a suitable prospect for use in steel pipe coatings that are used to transport drinking water. These developments are expected to aid companies in the steel pipe coatings market gain penetration in end-user industries. Low Lifetime of Steel Pipe Coatings Continues to Pose a Daunting Challenge for Manufacturers Generally, end-user industries install steel pipes when setting up manufacturing plants and expect them to remain functional for considerable periods of time. However, steel pipe coatings tend to erode over a period of time exposing the surface of steel pipes to corrosion and damage. This can substantially increase the risk of manufacturing plants suffering damage. Manufacturers are continuously working to overcome the challenge and are investing heavily in research and development of novel steel pipe coatings that can withstand harsh conditions. Steel Pipe Coatings – Competitive Landscape
Some of the leading players operating in the steel pipe coatings market include SHAWCOR, LaBarge Coating, LB Foster, The Bayou Companies, MULHEIM Pipe Coatings, Southland Pipe, Sub-One Systems, and Kelly Pipe Co. LLC. Steel Pipe Coatings Market: Segmentation The global steel pipe coatings market can be segmented on the basis of material type, end use industry, and application. The global steel pipe coatings market has been segmented on the basis of the material type as,
The global steel pipe coatings market has been segmented on the basis of end use industry as,
The global steel pipe coatings market has been segmented on the basis of application as,
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Regional Segments Analyzed Include:
Compilation of authentic, accurate, and unbiased intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report. Highlights from the Report
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