Market Overview:
The global anti-rust paints market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for anti-rust paints from end users such as automotive, marine, construction, medical equipment and industrial sectors. Water-based paints are expected to dominate the global anti-rust paints market during the forecast period owing to their properties such as low VOC emissions and environmental friendliness.
Product Definition:
An anti-rust paint is a type of paint that is designed to protect steel or iron from rusting. Anti-rust paints are typically made with a special type of primer that forms a barrier between the metal and the environment, preventing oxygen and moisture from coming into contact with the metal and causing corrosion.
Water-based Paints:
Water-based paints are widely used in the anti-rust paints market owing to their properties such as non-toxic, environment friendly and they do not contain any solvents. These water based paints have high solid content which makes them durable for use in outdoor conditions. The growing demand for ecofriendly products is expected to drive the growth of this product over the forecast period.
Alkyd Paints:
Alkyd paints are water-based paints containing alkyd resins. They have good adhesion, durability and weather resistance. The major advantage of these products is that they can be easily removed or scraped off when it comes in contact with the surface to be painted. Also, they do not require any sanding before applying the next coat which makes them a preferred option among DIY painters as well as professionals across the globe.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The growing demand for automobiles is expected to be a key factor driving the market growth over the forecast period. In addition, stringent regulations regarding rustproofing of vehicles are anticipated to further drive product demand in this segment.
The construction industry is also estimated to witness significant growth owing to rising infrastructure projects across developing countries such as China, India and Brazil. These factors are likely to result in increased utilization of anti-rust paints during the projected period which will have a positive impact on market growth globally.
In terms of revenue, medical equipment was one of the prominent segments with a share exceeding 20% in 2017 due to increasing product penetration for preventing corrosion caused by blood or other body fluids that come into contact with metal surfaces including surgical instruments.
Regional Analysis:
Asia Pacific was the largest market in 2017 and is anticipated to continue its dominance over the forecast period. The region accounts for a major share of global production owing to low manufacturing cost, availability of cheap labor, and easy access to raw materials. China emerged as the largest consumer due to high industrial output from automotive, construction & housing sector coupled with rapid growth in population.
North America is expected to be one of the fastest-growing regional markets at a CAGR exceeding 6% from 2018 to 2030 owing both demand and supply side growth within U.S., Canada & Mexico for anti-rust paints due their aging infrastructure problem which requires immediate attention by government agencies along with increasing number of construction projects that require maintenance free environment for better aesthetics resulting into increased demand over time.
Growth Factors:
- Increasing demand from end-use industries: The anti-rust paints market is witnessing a surge in demand from the end-use industries, owing to the increasing awareness about the benefits of using these paints.
- Rising investments in infrastructure development: The growth of the anti-rust paints market is also propelled by the increasing investments in infrastructure development across regions worldwide. This is because anti-rust paints are used extensively for protecting metal surfaces from corrosion and rusting in various applications such as bridges, pipelines, and marine vessels.
- Technological advancements: The advancement of technology has led to the introduction of new and innovative products in the anti-rust paints market that offer better performance than traditional products available in this category. This is helping manufacturers to expand their product portfolios and cater to a wider customer base globally.
- Stringent environmental regulations: Stringent environmental regulations related to VOC emissions are prompting paint manufacturers to shift towards low VOC or zero VOC formulations for their products, which will help boost sales of anti-rust paints over the forecast period.. 5 Emerging economies offer lucrative opportunities: A large number of untapped opportunities exist for players operating in th
Scope Of The Report
Report Attributes
Report Details
Report Title
Anti-Rust Paints Market Research Report
By Type
Water-based Paints, Alkyd Paints
By Application
Automotive, Marine, Construction, Medical Equipment, Industrial
By Companies
AkzoNobel, PPG, Rust-Oleum, Nippon Paint, Duram Paint, NEI Corporation, Kansai Paints, Hempel, Jotun, RPM International, Royal DSM, Solvay, Sono-Tek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Anti-Rust Paints Market Report Segments:
The global Anti-Rust Paints market is segmented on the basis of:
Types
Water-based Paints, Alkyd Paints
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Marine, Construction, Medical Equipment, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- PPG
- Rust-Oleum
- Nippon Paint
- Duram Paint
- NEI Corporation
- Kansai Paints
- Hempel
- Jotun
- RPM International
- Royal DSM
- Solvay
- Sono-Tek
Highlights of The Anti-Rust Paints Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water-based Paints
- Alkyd Paints
- By Application:
- Automotive
- Marine
- Construction
- Medical Equipment
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Anti-Rust Paints Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Anti-rust paints are a type of paint that is designed to protect metal surfaces from rust. These paints are typically made with chemicals that inhibit the growth of rust on metal surfaces.
Some of the major companies in the anti-rust paints market are AkzoNobel, PPG, Rust-Oleum, Nippon Paint, Duram Paint, NEI Corporation, Kansai Paints, Hempel, Jotun, RPM International, Royal DSM, Solvay, Sono-Tek.
The anti-rust paints market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Anti-Rust Paints Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Anti-Rust Paints Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Anti-Rust Paints Market - Supply Chain
4.5. Global Anti-Rust Paints Market Forecast
4.5.1. Anti-Rust Paints Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Anti-Rust Paints Market Size (000 Units) and Y-o-Y Growth
4.5.3. Anti-Rust Paints Market Absolute $ Opportunity
5. Global Anti-Rust Paints Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Anti-Rust Paints Market Size and Volume Forecast by Type
5.3.1. Water-based Paints
5.3.2. Alkyd Paints
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Anti-Rust Paints Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Anti-Rust Paints Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Marine
6.3.3. Construction
6.3.4. Medical Equipment
6.3.5. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Anti-Rust Paints Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Anti-Rust Paints Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Anti-Rust Paints Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Anti-Rust Paints Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Anti-Rust Paints Demand Share Forecast, 2019-2029
9. North America Anti-Rust Paints Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Anti-Rust Paints Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Anti-Rust Paints Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Marine
9.4.3. Construction
9.4.4. Medical Equipment
9.4.5. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Anti-Rust Paints Market Size and Volume Forecast by Type
9.7.1. Water-based Paints
9.7.2. Alkyd Paints
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Anti-Rust Paints Demand Share Forecast, 2019-2029
10. Latin America Anti-Rust Paints Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Anti-Rust Paints Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Anti-Rust Paints Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Marine
10.4.3. Construction
10.4.4. Medical Equipment
10.4.5. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Anti-Rust Paints Market Size and Volume Forecast by Type
10.7.1. Water-based Paints
10.7.2. Alkyd Paints
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Anti-Rust Paints Demand Share Forecast, 2019-2029
11. Europe Anti-Rust Paints Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Anti-Rust Paints Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Anti-Rust Paints Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Marine
11.4.3. Construction
11.4.4. Medical Equipment
11.4.5. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Anti-Rust Paints Market Size and Volume Forecast by Type
11.7.1. Water-based Paints
11.7.2. Alkyd Paints
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Anti-Rust Paints Demand Share, 2019-2029
12. Asia Pacific Anti-Rust Paints Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Anti-Rust Paints Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Anti-Rust Paints Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Marine
12.4.3. Construction
12.4.4. Medical Equipment
12.4.5. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Anti-Rust Paints Market Size and Volume Forecast by Type
12.7.1. Water-based Paints
12.7.2. Alkyd Paints
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Anti-Rust Paints Demand Share, 2019-2029
13. Middle East & Africa Anti-Rust Paints Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Anti-Rust Paints Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Anti-Rust Paints Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Marine
13.4.3. Construction
13.4.4. Medical Equipment
13.4.5. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Anti-Rust Paints Market Size and Volume Forecast by Type
13.7.1. Water-based Paints
13.7.2. Alkyd Paints
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Anti-Rust Paints Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Anti-Rust Paints Market: Market Share Analysis
14.2. Anti-Rust Paints Distributors and Customers
14.3. Anti-Rust Paints Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rust-Oleum
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nippon Paint
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Duram Paint
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NEI Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kansai Paints
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hempel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jotun
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RPM International
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Royal DSM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Solvay
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sono-Tek
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
