Anti-corrosion coatings protect the material from degradation d

Posted by rohit on March 24th, 2021

Market Overview

Anti-corrosion coatings protect the material from degradation due to physical contact or exposure to air, water, and chemicals. The coating acts as a barrier or sacrificial material. The advantages of corrosion coatings include increased lifespan, and reduced operating costs. It also imparts various beneficial properties such as increased gloss or color appearance, durability, increased hardness, increased durability, and abrasion protection. Corrosion can lead to increased monetary losses in the form of repair costs, cleanup costs and loss of revenue due to non-productive time. The cost incurred due to corrosion globally is US$ 2.2 trillion, which is over 3% of the world’s GDP and more than the GDP of India alone.

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Market Dynamics

A major challenge to anti-corrosion coatings market is using of alternatives materials, which are Fiberglass Reinforced Plastic (FRP), polymers and thermoplastics. Usage of these metals eliminates the need for anti-corrosion coatings. Also, the key raw materials for coatings manufacture is from the oil industry. The unstable oil industry will affect availability of raw materials and manufacture of coatings.

Anti-Corrosion Coatings Market Taxonomy

On basis of Coating type

  • Epoxy Coating

    Polyurethane Coating

    Acrylic Coating

    Alkyd Coating

    Vinyl and Chlorinated Rubber Coatings


    Zinc-Rich Primers


On basis of Coating Technology

  • Liquid Coating

    Solvent borne

    Water borne

    Powder Coating

    Others (Laser, Radiation-cured etc.)

Major players in the anti-corrosion coating market include BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S.

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Joined: February 6th, 2020
Articles Posted: 341

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