Market Overview:
The global abrasion-resistive coatings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for abrasion-resistive coatings from various end-use industries, such as construction, automotive, and marine. In addition, the growing awareness about the benefits of using abrasion-resistive coatings is also contributing to the growth of this market. Based on type, epoxy-based coatings are expected to lead the global abrasion-resistive coatings market during the forecast period. This can be attributed to their properties such as high durability and resistance against corrosion and wear & tear. Epoxy resin is also known for its excellent adhesion properties with a wide range of substrates including metals, plastics, composites etc., which makes it a preferred choice for coating applications in various industries. Based on application, surface wearing/abrasions is estimated to account for majority share in terms of revenue in 2018 and is projected register highest CAGR during forecast period owing rising demand from construction industry across globe .
Product Definition:
Abrasion-resistive coatings are used to protect a surface from wear and tear. They are often used in industrial or commercial settings where there is a lot of activity that could cause damage to the surface. Abrasion-resistive coatings can help prolong the life of a surface and reduce the need for repairs or replacements.
Epoxy-based Coatings:
Epoxy-based coatings are a group of specialty high-performance coating resins developed for application in high temperature and pressure (abrasion)-resistant materials. Epoxy resin is the most important raw material used in epoxy based coatings production. The other key components include additives & fillers, catalysts & hardeners, colorants, and binders.
Epoxy- and additive-based Coatings:
Epoxy- and additive-based coatings are used in the production of Abrasion-resistant Coatings. These products find application in various end-use industries such as automotive, aerospace, marine, construction equipment & machinery and electronics.
Application Insights:
Surface wearing/abrasion application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The demand for abrasive products is increasing owing to their applications in various industries including mining, construction, and transportation. In addition, growing product usage for grinding & polishing operations further propels market growth.
The extreme corrosion/erosion application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to rising product penetration in oil & gas industry as well as marine sector where there's exposure to corrosive environments like sea water and mudflats along with high temperatures range of 70°C-90°C respectively during summer season making it a favorable spot for offshore drilling activities which propels demand globally abrasion-resistive coatings market by type (epoxy based coatings, epoxy & additive based coatings) over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major end-use industries such as aerospace & defense, industrial machinery, automotive, marine & naval and wind energy. These end-use industries are highly dependent on raw materials such as steel and iron for manufacturing components that require abrasive resistance. Growing demand from these sectors coupled with increasing foreign investments in developing countries of Asia Pacific has led to an increase in production capacities for abrasion-resistant coatings across this region.
The growth potential offered by emerging economies like China and India coupled with a well established base of mature markets including Japan has resulted in Asia Pacific being at the forefront of industry expansion over past few years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace
- Growing awareness about the benefits of abrasion-resistive coatings among consumers
- Rising R&D investments by leading players to develop innovative products
- Proliferation of online retail platforms that offer a wide range of abrasion-resistive coatings products at competitive prices
- Growing number of coating application contractors who are capable of installing these coatings in a timely and efficient manner
Scope Of The Report
Report Attributes
Report Details
Report Title
Abrasion-resistive Coatings Market Research Report
By Type
Epoxy-based Coatings, Epoxy- and additive-based Coatings, Epoxy-based fast-curing Coatings, UV-curable hard Coatings
By Application
Surface Wearing/Abrasion, Extreme Corrosion/Erosion, Coarse Particle Abrasion, Fine Particle Abrasion, Other
By Companies
Henkel, Hardide Coatings, Metal Coatings Corp, Impreglon, Praxair S.T. Technology, Inc, Jotun AS, Sika AG
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Abrasion-resistive Coatings Market Report Segments:
The global Abrasion-resistive Coatings market is segmented on the basis of:
Types
Epoxy-based Coatings, Epoxy- and additive-based Coatings, Epoxy-based fast-curing Coatings, UV-curable hard Coatings
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
Surface Wearing/Abrasion, Extreme Corrosion/Erosion, Coarse Particle Abrasion, Fine Particle Abrasion, Other
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:
- Henkel
- Hardide Coatings
- Metal Coatings Corp
- Impreglon
- Praxair S.T. Technology, Inc
- Jotun AS
- Sika AG
Highlights of The Abrasion-resistive 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:
- Epoxy-based Coatings
- Epoxy- and additive-based Coatings
- Epoxy-based fast-curing Coatings
- UV-curable hard Coatings
- By Application:
- Surface Wearing/Abrasion
- Extreme Corrosion/Erosion
- Coarse Particle Abrasion
- Fine Particle Abrasion
- Other
- 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-resistive 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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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-resistive coatings are a type of coating that resist wear and tear. This means the coating can protect metal from scratches, dents, and other damage caused by everyday use.
Some of the major companies in the abrasion-resistive coatings market are Henkel, Hardide Coatings, Metal Coatings Corp, Impreglon, Praxair S.T. Technology, Inc, Jotun AS, Sika AG.
The abrasion-resistive coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Abrasion-resistive 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-resistive Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Abrasion-resistive 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-resistive 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-resistive Coatings Market Size & Forecast, 2018-2028
4.5.1 Abrasion-resistive Coatings Market Size and Y-o-Y Growth
4.5.2 Abrasion-resistive Coatings Market Absolute $ Opportunity
Chapter 5 Global Abrasion-resistive 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-resistive Coatings Market Size Forecast by Type
5.2.1 Epoxy-based Coatings
5.2.2 Epoxy- and additive-based Coatings
5.2.3 Epoxy-based fast-curing Coatings
5.2.4 UV-curable hard Coatings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Abrasion-resistive 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-resistive Coatings Market Size Forecast by Applications
6.2.1 Surface Wearing/Abrasion
6.2.2 Extreme Corrosion/Erosion
6.2.3 Coarse Particle Abrasion
6.2.4 Fine Particle Abrasion
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Abrasion-resistive 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-resistive 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-resistive Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Abrasion-resistive 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-resistive Coatings Market Size Forecast by Type
9.6.1 Epoxy-based Coatings
9.6.2 Epoxy- and additive-based Coatings
9.6.3 Epoxy-based fast-curing Coatings
9.6.4 UV-curable hard Coatings
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-resistive Coatings Market Size Forecast by Applications
9.10.1 Surface Wearing/Abrasion
9.10.2 Extreme Corrosion/Erosion
9.10.3 Coarse Particle Abrasion
9.10.4 Fine Particle Abrasion
9.10.5 Other
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-resistive Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Abrasion-resistive 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-resistive Coatings Market Size Forecast by Type
10.6.1 Epoxy-based Coatings
10.6.2 Epoxy- and additive-based Coatings
10.6.3 Epoxy-based fast-curing Coatings
10.6.4 UV-curable hard Coatings
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-resistive Coatings Market Size Forecast by Applications
10.10.1 Surface Wearing/Abrasion
10.10.2 Extreme Corrosion/Erosion
10.10.3 Coarse Particle Abrasion
10.10.4 Fine Particle Abrasion
10.10.5 Other
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-resistive Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Abrasion-resistive 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-resistive Coatings Market Size Forecast by Type
11.6.1 Epoxy-based Coatings
11.6.2 Epoxy- and additive-based Coatings
11.6.3 Epoxy-based fast-curing Coatings
11.6.4 UV-curable hard Coatings
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-resistive Coatings Market Size Forecast by Applications
11.10.1 Surface Wearing/Abrasion
11.10.2 Extreme Corrosion/Erosion
11.10.3 Coarse Particle Abrasion
11.10.4 Fine Particle Abrasion
11.10.5 Other
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-resistive Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Abrasion-resistive 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-resistive Coatings Market Size Forecast by Type
12.6.1 Epoxy-based Coatings
12.6.2 Epoxy- and additive-based Coatings
12.6.3 Epoxy-based fast-curing Coatings
12.6.4 UV-curable hard Coatings
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-resistive Coatings Market Size Forecast by Applications
12.10.1 Surface Wearing/Abrasion
12.10.2 Extreme Corrosion/Erosion
12.10.3 Coarse Particle Abrasion
12.10.4 Fine Particle Abrasion
12.10.5 Other
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-resistive Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Abrasion-resistive 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-resistive Coatings Market Size Forecast by Type
13.6.1 Epoxy-based Coatings
13.6.2 Epoxy- and additive-based Coatings
13.6.3 Epoxy-based fast-curing Coatings
13.6.4 UV-curable hard Coatings
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-resistive Coatings Market Size Forecast by Applications
13.10.1 Surface Wearing/Abrasion
13.10.2 Extreme Corrosion/Erosion
13.10.3 Coarse Particle Abrasion
13.10.4 Fine Particle Abrasion
13.10.5 Other
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-resistive Coatings Market: Competitive Dashboard
14.2 Global Abrasion-resistive Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 Hardide Coatings
14.3.3 Metal Coatings Corp
14.3.4 Impreglon
14.3.5 Praxair S.T. Technology, Inc
14.3.6 Jotun AS
14.3.7 Sika AG
