Global abrasion resistant coatings market is expected to grow at a formidable rate during the forecast period. The global abrasion resistant coatings market is driven by rapidly expanding power generation industry at the global level. Moreover, because of several benefits it offers such as reduced surface wear, corrosion resistance, among others, abrasion resistant coating is widely used in numerous industries, which is positively impacting the growth of market. Moreover, continuous technological advancements in the market are further expected to bolster the growth of market over the next few years.
The global abrasion resistant coatings market is segmented based on type, end use industry, company and region. Based on type of type, the market can be categorized into metal/ceramic coatings and polymer coatings. The metal/ceramic coatings segment dominated the market until 2021 in terms of largest market share and is further expected to dominate the market during the forecast years as well. Ceramic-based abrasion resistant coatings are broadly classified into oxide coatings, carbide coatings, nitride coatings and others. Metal/ceramic coatings have outstanding high-temperature and abrasion resistance, which makes them a popular choice among the end user industries. In addition to this, ceramic coatings are more expensive because of costly thermal spray process involved, which is a slight disadvantage. However, the overall life cycle cost of these coatings is less when compared to polymer-based coatings due to less maintenance cost. All these factors are responsible for high growth of the segment across the globe.
Major players operating in the global abrasion resistant coatings market include Metal Coating Corporation, SDC Technologie, 3M, ASB IndustrieChesterton, Impreglon, NEI Corporation, Precision Coatings, Endura Coating, E/M Coating and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new developments to increase their customer bases.
Objective of the Study
- To analyze and estimate the market size of
global abrasion resistant coatings market from 2017 to 2020.
- To estimate and forecast the market size of
global abrasion resistant coatings market from 2021 to 2027 and growth
rate until 2027.
- To classify and forecast global abrasion
resistant coatings market based on type, end use industry, company and regional
distribution.
- To identify dominant region or segment in the global
abrasion resistant coatings market.
- To identify drivers and challenges for global abrasion
resistant coatings market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in
global abrasion resistant coatings market.
- To conduct pricing analysis for global abrasion
resistant coatings market.
- To identify and analyze the profile of leading
players operating in global abrasion resistant coatings market.
- To identify key sustainable strategies adopted
by market players in global abrasion resistant coatings market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers of abrasion resistant coatings across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market Insights Research calculated the market size of
Key Target Audience
- Abrasion resistant coatings manufacturers,
suppliers, distributors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to abrasion resistant coatings
- Market research and
consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2017-2021
and 2022E-2027F
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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Type
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End Use Industry
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Regional scope
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North America; Europe; Asia Pacific; South America; Middle
East & Africa
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Country scope
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United States, Mexico, Canada, China, India, Japan, South
Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa,
UAE, Saudi Arabia, Kuwait, Brazil, Argentina, Colombia
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Key companies profiled
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Metal Coating Corporation, SDC Technologie, 3M, ASB Industrie
Chesterton, Impreglon, NEI Corporation, Precision Coatings, Endura Coating,
E/M Coating.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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