Market Overview:
The global anti-corrosion coatings for wind power market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for wind energy across the globe. Based on type, the solvent based segment is expected to account for a major share of the global anti-corrosion coatings for wind power market during the forecast period. This can be attributed to its properties such as high durability and resistance against harsh weather conditions. In terms of application, offshore wind segment is anticipated to witness significant growth during the forecast period owing to increase in installation of offshore turbines across various regions. Regionally, North America dominates the global anti-corrosion coatings for wind power market followed by Europe and Asia Pacific respectively.
Product Definition:
Anti-corrosion coatings for wind power are used to protect the turbine blades from corrosion. The importance of anti-corrosion coatings for wind power is that they help to extend the life of the blades and keep them running efficiently.
Solvent Based:
Solvent-based coatings are used in the anti-corrosion coating for wind power market. Solvent based coatings have witnessed a tremendous growth in demand over the past few years and this trend is expected to continue over the forecast period owing to its ability of providing high corrosion resistance at low cost.
Water Based:
Water-based coatings are used in the anti-corrosion coating for wind power market. The corrosion of wind turbine blades is caused due to water spray from the sea or from other sources which leads to rusting and degradation of blades, cables & hardware. Anti-corrosive coating helps in preventing such occurrences by providing a barrier over the surface which prevents moisture absorption & promotes a layer of protection.
Application Insights:
The global anti-corrosion coatings for wind power market, by application, is segmented into offshore wind and onshore wind. The offshore segment dominated the overall industry in terms of revenue share in 2017. Factors such as high installation cost per turbine coupled with the need for corrosion protection against marine environment has resulted in higher demand for anti-corrosion coating from this sector.
Increasing focus on renewable energy generation across various countries has led to an increase in investments pertaining to the same. This investment trend is expected to continue over the forecast period thereby driving demand over the coming years. In addition, favorable government policies regarding reduction of carbon emission are likely to boost product usage further driving growth during next eight years or so until 2030AD (assuming a CAGR of XX% during this period).
Onshore application was estimated at USD 446 million in 2017 owing to increasing product adoption due largely from Germany.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global anti-corrosion coatings for wind power market in 2017. China, India, South Korea, Japan are some of the countries with high potential for offshore and renewable based energy generation that can be attributed to grow rapidly over the next eight years.
The growing demand from developing economies such as China and India coupled with increasing investments from other Asian countries is expected to drive growth across this region.
Europe also held a significant share in terms of revenue owing to large scale production facilities located along major coastal areas including UK, Spain Netherlands Belgium etc.
Growth Factors:
- Increasing demand for wind power due to its low emissions and ability to reduce reliance on traditional fuels
- Government initiatives and subsidies for the installation of wind turbines, which is expected to drive the market growth
- Technological advancements in anti-corrosion coatings that can improve performance and life cycle of wind turbines
- Rising concerns over corrosion-related failures in wind turbines that is likely to create opportunities for anti-corrosion coatings manufacturers
- Growing demand from emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Anti-corrosion Coatings for Wind Power Market Research Report
By Type
Solvent Based, Water Based, Powder Coating, Others
By Application
Offshore Wind, Onshore Wind
By Companies
PPG, AkzoNobel, Hempel, Jotun, Kansai Paint, Nippon Paint, Feilu, Yongxin, Mankiewicz, BASF, Bergolin
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Anti-corrosion Coatings for Wind Power Market Report Segments:
The global Anti-corrosion Coatings for Wind Power market is segmented on the basis of:
Types
Solvent Based, Water Based, Powder Coating, 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
Offshore Wind, Onshore Wind
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:
- PPG
- AkzoNobel
- Hempel
- Jotun
- Kansai Paint
- Nippon Paint
- Feilu
- Yongxin
- Mankiewicz
- BASF
- Bergolin
Highlights of The Anti-corrosion Coatings for Wind Power 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:
- Solvent Based
- Water Based
- Powder Coating
- Others
- By Application:
- Offshore Wind
- Onshore Wind
- 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-corrosion Coatings for Wind Power 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- 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?
Anti-corrosion coatings are a type of protection for wind turbines that helps to prevent the metal from corroding.
Some of the major companies in the anti-corrosion coatings for wind power market are PPG, AkzoNobel, Hempel, Jotun, Kansai Paint, Nippon Paint, Feilu, Yongxin, Mankiewicz, BASF, Bergolin.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size & Forecast, 2018-2028
4.5.1 Anti-corrosion Coatings for Wind Power Market Size and Y-o-Y Growth
4.5.2 Anti-corrosion Coatings for Wind Power Market Absolute $ Opportunity
Chapter 5 Global Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Type
5.2.1 Solvent Based
5.2.2 Water Based
5.2.3 Powder Coating
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Applications
6.2.1 Offshore Wind
6.2.2 Onshore Wind
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Analysis and Forecast
9.1 Introduction
9.2 North America Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Type
9.6.1 Solvent Based
9.6.2 Water Based
9.6.3 Powder Coating
9.6.4 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Applications
9.10.1 Offshore Wind
9.10.2 Onshore Wind
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 Anti-corrosion Coatings for Wind Power Analysis and Forecast
10.1 Introduction
10.2 Europe Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Type
10.6.1 Solvent Based
10.6.2 Water Based
10.6.3 Powder Coating
10.6.4 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Applications
10.10.1 Offshore Wind
10.10.2 Onshore Wind
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 Anti-corrosion Coatings for Wind Power Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Type
11.6.1 Solvent Based
11.6.2 Water Based
11.6.3 Powder Coating
11.6.4 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Applications
11.10.1 Offshore Wind
11.10.2 Onshore Wind
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 Anti-corrosion Coatings for Wind Power Analysis and Forecast
12.1 Introduction
12.2 Latin America Anti-corrosion Coatings for Wind Power 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Type
12.6.1 Solvent Based
12.6.2 Water Based
12.6.3 Powder Coating
12.6.4 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 Anti-corrosion Coatings for Wind Power Market Size Forecast by Applications
12.10.1 Offshore Wind
12.10.2 Onshore Wind
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) Anti-corrosion Coatings for Wind Power Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Anti-corrosion Coatings for Wind Power 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) Anti-corrosion Coatings for Wind Power Market Size Forecast by Type
13.6.1 Solvent Based
13.6.2 Water Based
13.6.3 Powder Coating
13.6.4 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) Anti-corrosion Coatings for Wind Power Market Size Forecast by Applications
13.10.1 Offshore Wind
13.10.2 Onshore Wind
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 Anti-corrosion Coatings for Wind Power Market: Competitive Dashboard
14.2 Global Anti-corrosion Coatings for Wind Power Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG
14.3.2 AkzoNobel
14.3.3 Hempel
14.3.4 Jotun
14.3.5 Kansai Paint
14.3.6 Nippon Paint
14.3.7 Feilu
14.3.8 Yongxin
14.3.9 Mankiewicz
14.3.10 BASF
14.3.11 Bergolin
