The Global Corrosion Protection Rubber Coating Market was valued at around US$ 7.75 Bn in the year 2023, and is projected to reach $10.55 Bn by the year 2030, growing at a CAGR of 4.5% during the forecast period.Corrosion Protection Rubber Coating Market Overview:
Corrosion protection rubber coatings are designed to prevent degradation in structures when exposed to extreme corrosive environments. The Global Corrosion Protection Rubber Coating Market is expected to gain market growth from 2024-2030 thanks to the increase in technological advancement in various industries such as oil & gas, automotive & transportation, energy & power, construction, marine, and mining & metallurgy. The Global Corrosion Protection Rubber Coating Market is projected to grow owing to the rise in the use of soft rubber lining system and hard rubber lining system.To Know About The Research Methodology :- Request Free Sample Report The report comprises of market dynamics, segment analysis, regional analysis, scope and key players operating in the Market.
Corrosion Protection Rubber Coating Market Dynamics:
Driver: Increasing losses and damage due to corrosion There is huge monetary loss due to rust, corrosion, wear and tear, accidental damages, and other such factors, which in turn affect the consumption of fixed capital (CFC). These losses lead to economic depreciation and are mostly seen in manufacturing and real estate industries. Therefore, the need to reduce the loss due to corrosion will be one of the biggest drivers for the growth of the corrosion protection coatings market. Restraint: Stringent environmental regulations Regulations were targeted at curtailing the volatile organic compounds (VOC) emissions from coatings. Such regulations have put pressure on coating manufacturers to comply with the standards by reducing VOC contents and to maintain the quality and performance of these coatings. The regulations have also impacted the price of corrosion protection coating as the regulations brought a change in the technology, helped in production of coatings. Opportunity: Demand for high efficiency corrosion protection coatings The changing operating conditions in the end-use industries such as oil & gas and marine have created demand for corrosion protection coatings with higher properties and efficiency. Due to increase in use of enhanced oil recovery (EOR) methods, the oil & gas sector has created the requirement for coatings that can endure high temperatures and pressure efficiently and ensure long-term protection of structures. Thus, the increase in demand for high-efficiency corrosion protection coatings is expected to present significant opportunities for the growth of the market. Challenge: Challenges from local players The corrosion protection coating market is dominated by a few major global players. Companies such as PPG Industries (US), Akzo Nobel (Netherlands), and Jotun A/S (Norway) lead the market in terms of revenue and product development. The corrosion protection coatings market also comprises a number of small local players such as Diamond Vogel Paints (US) and SK Formulations India Pvt. Ltd. (India) that lack the financial or technological power to counter the global majors.Corrosion Protection Rubber Coating Market Segment analysis
Corrosion Protection Rubber Coating Market, by product: Soft rubber lining system can be used for a wide range of applications such as protection against chemicals and extreme climate and temperature in the process industries. Soft rubber lining system can be used on sites requiring chemical, thermal, and mechanical resistance. Hard rubber lining system employ high-quality natural as well as synthetic rubbers and are very effective in preventing corrosion in the process industry with temperatures ranging up to 125°C. Hard rubber lining systems prove to be effective and can protect against chemicals such as mineral acids, aqueous solutions, organic solvents, and bases. Currently, hard rubber lining systems account for a major share of the corrosion protection rubber coatings market, and is anticipated to continue its dominance during the forecast period. The major reason for high usage of hard rubber lining system is that, the vulcanized hard rubber linings employed in these systems, are chemically inert, due to which they are resistant to many oxidative chemical systems. Corrosion Protection Rubber Coating Market, by End User Industry: Due to complex MS Structures in Chemical Plants, Refineries, Thermal Power Plants Complexes are there in oil and gas industry which requires to protect these materials from corrosion, therefore Oil and gas Industry holds maximum market in Corrosion Protection Rubber Coating. Corrosion Protection Rubber Coating Market by Region: Asia-Pacific excluding Japan (APEJ) is expected to remain the largest market for Corrosion Protection Rubber Coatings, followed by North America. Rising demand from the industrial and marine industries focus on better performance, new developments in coating processes, growing environmental awareness, and green mobility are the major factors that drive the market for corrosion protection coatings during the forecast period.Global Corrosion Protection Rubber Coating Market scope: Inquire before buying
Global Global Corrosion Protection Rubber Coating Market Base Year 2023 Forecast Period 2024-2030 Historical Data CAGR Market Size in 2023 Market Size in 2030 2018 to 2023 4.5% US$ 7.75 Bn US$ 10.55 Bn Segments Covered by Product • Soft rubber lining system • Hard rubber lining system by Form • Solvent borne • Water borne • Powder based by End User • oil & gas, • automotive & transportation, • energy & power, • construction • marine, and • mining & metallurgy Regions Covered North America • United States • Canada • Mexico Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A South America • Brazil • Argentina • Rest of South America Corrosion Protection Rubber Coating Market Key Players are:
• Ashland Global, • BASF SE, • Holdings, Inc., • Knight LLC, • Axalta Coating Systems, • PPG Industries, Inc., • Akzo Nobel NV, • Polycorp Limited, • KCH GmbH, • Sherwin Williams Company, and Jotun A/S. Frequently Asked Questions: 1. Which region has the largest share in Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Market? Ans: The Market is growing at a CAGR of 4.5% during forecasting period 2024-2030. 3. What is scope of the Market report? Ans: Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Market? Ans: The important key players in the Global Corrosion Protection Rubber Coating Market are – Ashland Global,, BASF SE,, Holdings, Inc.,, Knight LLC,, Axalta Coating Systems,, PPG Industries, Inc.,, Solvent borne, Water borne, Powder based. 5. What is the study period of this Market? Ans: The Market is studied from 2023 to 2030.
Global Corrosion Protection Rubber Coating Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Corrosion Protection Rubber Coating Market : Industry Analysis and forecast 2023-2030 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4. Global Corrosion Protection Rubber Coating Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, Latin America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, Latin America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, Latin America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, Latin America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Corrosion Protection Rubber Coating Market 5. Supply Side and Demand Side Indicators 6. Global Corrosion Protection Rubber Coating Market Analysis and Forecast, 2023-2030 6.1. Global Corrosion Protection Rubber Coating Market Size & Y-o-Y Growth Analysis. 7. Global Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 7.1.1. Soft rubber lining system 7.1.2. Hard rubber lining system 7.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 7.2.1. Solvent borne 7.2.2. Water borne 7.2.3. Powder based 7.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 7.3.1. oil & gas, 7.3.2. automotive & transportation, 7.3.3. energy & power, 7.3.4. construction 7.3.5. marine, and 7.3.6. mining & metallurgy 8. Global Corrosion Protection Rubber Coating Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 9.1.1. Soft rubber lining system 9.1.2. Hard rubber lining system 9.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 9.2.1. Solvent borne 9.2.2. Water borne 9.2.3. Powder base 9.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 9.3.1. oil & gas, 9.3.2. automotive & transportation, 9.3.3. energy & power, 9.3.4. construction 9.3.5. marine, and 9.3.6. mining & metallurgy 10. North America Corrosion Protection Rubber Coating Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 11.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 12. Canada Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 12.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 13. Mexico Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 13.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 14. Europe Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 14.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 15. Europe Corrosion Protection Rubber Coating Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 16.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 17. France Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 17.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 18. Germany Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 18.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 19. Italy Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 19.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 20. Spain Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 20.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 21. Sweden Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 21.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 22. CIS Countries Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 22.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 23. Rest of Europe Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 23.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 24. Asia Pacific Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 24.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 25. Asia Pacific Corrosion Protection Rubber Coating Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 26.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 27. India Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 27.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 28. Japan Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 28.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 29. South Korea Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 29.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 30. Australia Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 30.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 31. ASEAN Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 31.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 32. Rest of Asia Pacific Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 32.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 33. Middle East Africa Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 33.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 34. Middle East Africa Corrosion Protection Rubber Coating Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 35.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 36. GCC Countries Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 36.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 37. Egypt Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 37.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 38. Nigeria Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 38.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 39. Rest of ME&A Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 39.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 40. South America Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 40.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 41. South America Corrosion Protection Rubber Coating Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 42.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 43. Argentina Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 43.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 44. Rest of South America Corrosion Protection Rubber Coating Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Product, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Form, 2023-2030 44.3. Market Size (Value) Estimates & Forecast By End user, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Corrosion Protection Rubber Coating Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile - Ashland Global, 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 46. BASF SE, 47. Holdings, Inc., 48. Knight LLC, 49. Axalta Coating Systems, 50. PPG Industries, Inc., 51. Akzo Nobel NV, 52. Polycorp Limited, 53. KCH GmbH, 54. Sherwin Williams Company, and Jotun A/S. 55. Primary Key insights.