Key manufacturers operating in the anti-corrosion coatings industry include
Valspar
AnCatt
AICA Kogyo
Sokema
Tnemec
Nippon Paints
Chugoku Marine Paints
The Sherwin-Williams Company
PPG Industries
Kansai Paints
RPM International
Jotun
Hempel
BASF
Axalta Coating
Ashland
Akzonobel
Authors:
Kiran Pulidindi
Frequently Asked Questions (FAQ) :
The anti-corrosion coatings industry size crossed USD 13.5 billion in annual revenue in 2020 and will witness a 7.8% CAGR up to 2027 owing to increasing adoption in tag and label applications.
The market for epoxy anti-corrosion coatings is expected to record a revenue share of more than 44% by 2027 owing to higher usage on account of their excellent chemical resistance in varied environments.
The infrastructure end-user segment held over 19% in 2020 and will grow with the expanding population and rapid investments in the construction sector across the globe.
Asia Pacific accounted for a major share in 2020 and will grow at a CAGR by 2027 due to higher regional demand from the shipping, energy, and infrastructural industries.