Market Overview:
The global abrasion resistant coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for abrasion resistant coatings from various end-use industries, such as oil & gas, industrial, marine, power generation and infrastructure. In addition, the growing demand for fluoropolymer coatings is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. Based on type, oxide coatings are expected to lead the global abrasion resistant coatings market during the forecast period from 2018 to 2030. This can be attributed to their high durability and resistance against wear and tear caused by abrasive particles present in fluids or gases used in various end-use industries such as oil & gas and petrochemical processing plants.
Product Definition:
Abrasion resistant coatings are a type of coating that is applied to a surface in order to protect it from being scratched, chipped, or worn away. These coatings are typically used on surfaces that are exposed to a lot of wear and tear, such as metal surfaces or flooring.
Oxide Coatings:
Oxide coatings are used in the metal surface treatment to provide a high-temperature resistant coating. The major application of oxide coatings is in the automotive and aerospace industries for providing heat resistance to vehicle bodies and aircraft fuselages respectively. Oxide based products have witnessed significant growth over the past few years owing to their increasing demand from end-use industries such as infrastructure, transportation, power generation, marine and oil & gas sectors.
Carbide Coatings:
Carbide coatings are a special type of coating, which is made up of carbon and other metals such as silicon, aluminum and iron. The coating has high abrasive resistance properties due to the presence of metal in it. Carbide coatings are used for providing abrasion-resistant properties to various products such as automotive parts, tools & equipment etc.
The global carbide coatings market size was valued at USD 2.5 billion in 2015.
Application Insights:
The global demand for abrasion resistant coatings was highest in the oil & gas industry at over 1,200.0 kilo tons in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2030 owing to the rising need for protection against drilling & blasting operations in this sector. The growing importance of these coatings as they offer protection against mechanical damage by sand, gravel, chips and other particles during excavation or construction activities is expected to drive their demand over the forecast period.
Abrasive wear caused due to industrial machinery & equipment plays an important role in manufacturing processes such as metalworking, cement production and others which are used across various industries worldwide including automotive and transportation which further propels their consumption globally on account of increasing industrialization leading economies such as India China Japan South Korea Taiwan Thailand Vietnam Indonesia Philippines Brazil Argentina Mexico Saudi Arabia U.K.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing foreign investments in developing infrastructure projects, such as airports, ports, and railways.
In addition, rising demand for oil & gas across emerging economies of Asia Pacific has led major oil companies including ExxonMobil Corporation; Royal Dutch Shell Plc.; and Total S.A.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace
- Growing awareness about the benefits of abrasion resistant coatings among consumers
- Technological advancements in the field of abrasion resistant coatings
- Rising demand for eco-friendly and sustainable abrasion resistant coatings products
- Growing number of applications for abrasion resistant coatings across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Abrasion Resistant Coatings Market Research Report
By Type
Oxide Coatings, Carbide Coatings, Nitride Coatings, Epoxy Coatings, Polyurethane Coatings, Fluoropolymer Coatings, Polyester Coatings, Others
By Application
Oil & Gas, Industrial, Marine, Power Generation, Infrastructure, Transportation, Others
By Companies
AkzoNobel, Saint-Gobain, Jotun, Sherwin-Williams, Hempel, Praxair Surface Technologies, Sika, Hardide, Bodycote, PPG, Arkema, Evonik Industries
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Abrasion Resistant Coatings Market Report Segments:
The global Abrasion Resistant Coatings market is segmented on the basis of:
Types
Oxide Coatings, Carbide Coatings, Nitride Coatings, Epoxy Coatings, Polyurethane Coatings, Fluoropolymer Coatings, Polyester Coatings, Others
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
Oil & Gas, Industrial, Marine, Power Generation, Infrastructure, Transportation, Others
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
- Saint-Gobain
- Jotun
- Sherwin-Williams
- Hempel
- Praxair Surface Technologies
- Sika
- Hardide
- Bodycote
- PPG
- Arkema
- Evonik Industries
Highlights of The Abrasion Resistant Coatings 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:
- Oxide Coatings
- Carbide Coatings
- Nitride Coatings
- Epoxy Coatings
- Polyurethane Coatings
- Fluoropolymer Coatings
- Polyester Coatings
- Others
- By Application:
- Oil & Gas
- Industrial
- Marine
- Power Generation
- Infrastructure
- Transportation
- Others
- 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 Abrasion Resistant Coatings 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.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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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?
Abrasion resistant coatings are a type of coating that resist wear and tear from abrasion. This can include scratches, dents, and other damage from everyday use.
Some of the major companies in the abrasion resistant coatings market are AkzoNobel, Saint-Gobain, Jotun, Sherwin-Williams, Hempel, Praxair Surface Technologies, Sika, Hardide, Bodycote, PPG, Arkema, Evonik Industries.
The abrasion resistant coatings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Abrasion Resistant Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Abrasion Resistant Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Abrasion Resistant Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Abrasion Resistant Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Abrasion Resistant Coatings Market Size & Forecast, 2018-2028
4.5.1 Abrasion Resistant Coatings Market Size and Y-o-Y Growth
4.5.2 Abrasion Resistant Coatings Market Absolute $ Opportunity
Chapter 5 Global Abrasion Resistant Coatings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Abrasion Resistant Coatings Market Size Forecast by Type
5.2.1 Oxide Coatings
5.2.2 Carbide Coatings
5.2.3 Nitride Coatings
5.2.4 Epoxy Coatings
5.2.5 Polyurethane Coatings
5.2.6 Fluoropolymer Coatings
5.2.7 Polyester Coatings
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Abrasion Resistant Coatings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Abrasion Resistant Coatings Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Industrial
6.2.3 Marine
6.2.4 Power Generation
6.2.5 Infrastructure
6.2.6 Transportation
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Abrasion Resistant Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Abrasion Resistant Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Abrasion Resistant Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Abrasion Resistant Coatings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Abrasion Resistant Coatings Market Size Forecast by Type
9.6.1 Oxide Coatings
9.6.2 Carbide Coatings
9.6.3 Nitride Coatings
9.6.4 Epoxy Coatings
9.6.5 Polyurethane Coatings
9.6.6 Fluoropolymer Coatings
9.6.7 Polyester Coatings
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Abrasion Resistant Coatings Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Industrial
9.10.3 Marine
9.10.4 Power Generation
9.10.5 Infrastructure
9.10.6 Transportation
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Abrasion Resistant Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Abrasion Resistant Coatings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Abrasion Resistant Coatings Market Size Forecast by Type
10.6.1 Oxide Coatings
10.6.2 Carbide Coatings
10.6.3 Nitride Coatings
10.6.4 Epoxy Coatings
10.6.5 Polyurethane Coatings
10.6.6 Fluoropolymer Coatings
10.6.7 Polyester Coatings
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Abrasion Resistant Coatings Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Industrial
10.10.3 Marine
10.10.4 Power Generation
10.10.5 Infrastructure
10.10.6 Transportation
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Abrasion Resistant Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Abrasion Resistant Coatings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Abrasion Resistant Coatings Market Size Forecast by Type
11.6.1 Oxide Coatings
11.6.2 Carbide Coatings
11.6.3 Nitride Coatings
11.6.4 Epoxy Coatings
11.6.5 Polyurethane Coatings
11.6.6 Fluoropolymer Coatings
11.6.7 Polyester Coatings
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Abrasion Resistant Coatings Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Industrial
11.10.3 Marine
11.10.4 Power Generation
11.10.5 Infrastructure
11.10.6 Transportation
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Abrasion Resistant Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Abrasion Resistant Coatings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Abrasion Resistant Coatings Market Size Forecast by Type
12.6.1 Oxide Coatings
12.6.2 Carbide Coatings
12.6.3 Nitride Coatings
12.6.4 Epoxy Coatings
12.6.5 Polyurethane Coatings
12.6.6 Fluoropolymer Coatings
12.6.7 Polyester Coatings
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Abrasion Resistant Coatings Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Industrial
12.10.3 Marine
12.10.4 Power Generation
12.10.5 Infrastructure
12.10.6 Transportation
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Abrasion Resistant Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Abrasion Resistant Coatings Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Abrasion Resistant Coatings Market Size Forecast by Type
13.6.1 Oxide Coatings
13.6.2 Carbide Coatings
13.6.3 Nitride Coatings
13.6.4 Epoxy Coatings
13.6.5 Polyurethane Coatings
13.6.6 Fluoropolymer Coatings
13.6.7 Polyester Coatings
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Abrasion Resistant Coatings Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Industrial
13.10.3 Marine
13.10.4 Power Generation
13.10.5 Infrastructure
13.10.6 Transportation
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Abrasion Resistant Coatings Market: Competitive Dashboard
14.2 Global Abrasion Resistant Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Saint-Gobain
14.3.3 Jotun
14.3.4 Sherwin-Williams
14.3.5 Hempel
14.3.6 Praxair Surface Technologies
14.3.7 Sika
14.3.8 Hardide
14.3.9 Bodycote
14.3.10 PPG
14.3.11 Arkema
14.3.12 Evonik Industries
