Market Overview:
The global military chemical agent resistant coating 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 chemical agent resistant coatings from the military sector across the globe. Based on type, the epoxy-based segment is expected to account for a major share of the global military chemical agent resistant coating market during the forecast period. This can be attributed to its superior properties such as resistance against various chemicals and high durability. By application, navy is expected to account for a major share of the global military chemical agent resistant coating market during the forecast period. This can be attributed to increasing demand from militaries across developed countries for protection against various types of naval threats including underwater mines and torpedoes.
Product Definition:
A Military Chemical Agent Resistant Coating is a type of paint or sealant that is applied to military equipment in order to protect it from chemical warfare agents. This coating can help to prevent the equipment from being damaged by these agents, and can also help to protect the personnel who are using the equipment.
Epoxy-based:
Epoxy-based Military Chemical Agent Resistant Coating (MCR coating) is a two component, high solid epoxy resin system that is designed for use as a protective coating on metal or fiber-reinforced plastic substrates. The product offers excellent chemical resistance to solvents, aliphatic & aromatic hydrocarbons and most organic bases. It also provides good adhesion to the substrate and superior abrasion resistance.
Polyester-based:
Polyester-based materials are widely used in the manufacturing of chemical agent resistant coatings. These materials provide excellent chemical resistance and have a high level of stiffness which is required for coating applications.
The global polyester-based material market size was estimated at USD 1,867.1 million in 2016.
Application Insights:
The demand for military chemical agent resistant coatings is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the rising need for enhancing the protective capabilities of tanks, vehicles and other equipment against hazardous chemicals. The growing importance of these coatings in industrial applications such as oil & gas, energy & power, mining and construction is anticipated to drive product demand over the forecast period.
Land force accounted for 41% share in 2017 on account of usage of these products in various land platforms including main battle tanks (MBT), armored carriers, infantry fighting vehicles (IFV) and others. MBTs are major components that are used in different types of land operations including offensives at low temperatures and high altitudes where resistance against adverse conditions is required utmost.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the high demand from the U.S. and Canada for military vehicles, which is expected to drive product demand over the forecast period.
The Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6% during the forecast period owing to increasing defense budgets in economies such as China and India coupled with growing geopolitical tensions between these countries.
Growth Factors:
- Increasing demand for military chemical agent resistant coatings from the defense sector owing to the increasing incidences of chemical warfare across the globe.
- Growing awareness among military personnel about the benefits of using MIL-SPEC coatings that can protect them against hazardous chemicals and gases.
- Proliferation of new and advanced coating technologies that can provide better protection against a wider range of chemical agents.
- Rising investments by governments in research and development activities for developing novel MIL-SPEC coatings technologies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Chemical Agent Resistant Coating Market Research Report
By Type
Epoxy-based, Polyester-based
By Application
Navy, Land Force, Air Force
By Companies
AkzoNobel, Sherwin-Williams, Valmont Coatings, OPC Liquid Coating, Trans-ACC, Techmetals, Imagineering Finishing Technologies, Pioneer Metal Finishing, Master Bond, Donwell Company, Tiodize, IBC Coating, Giering Metal Finishing, Chemsol, Sand Blasting, Advanced Polymer Solutions
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Military Chemical Agent Resistant Coating Market Report Segments:
The global Military Chemical Agent Resistant Coating market is segmented on the basis of:
Types
Epoxy-based, Polyester-based
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
Navy, Land Force, Air Force
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
- Sherwin-Williams
- Valmont Coatings
- OPC Liquid Coating
- Trans-ACC
- Techmetals
- Imagineering Finishing Technologies
- Pioneer Metal Finishing
- Master Bond
- Donwell Company
- Tiodize
- IBC Coating
- Giering Metal Finishing
- Chemsol
- Sand Blasting
- Advanced Polymer Solutions
Highlights of The Military Chemical Agent Resistant Coating 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
- Polyester-based
- By Application:
- Navy
- Land Force
- Air Force
- 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 Military Chemical Agent Resistant Coating 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Military Chemical Agent Resistant Coating is a coating that helps protect military equipment from chemical agents.
Some of the key players operating in the military chemical agent resistant coating market are AkzoNobel, Sherwin-Williams, Valmont Coatings, OPC Liquid Coating, Trans-ACC, Techmetals, Imagineering Finishing Technologies, Pioneer Metal Finishing, Master Bond, Donwell Company, Tiodize, IBC Coating, Giering Metal Finishing, Chemsol, Sand Blasting, Advanced Polymer Solutions.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size & Forecast, 2018-2028
4.5.1 Military Chemical Agent Resistant Coating Market Size and Y-o-Y Growth
4.5.2 Military Chemical Agent Resistant Coating Market Absolute $ Opportunity
Chapter 5 Global Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size Forecast by Type
5.2.1 Epoxy-based
5.2.2 Polyester-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size Forecast by Applications
6.2.1 Navy
6.2.2 Land Force
6.2.3 Air Force
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Analysis and Forecast
9.1 Introduction
9.2 North America Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size Forecast by Type
9.6.1 Epoxy-based
9.6.2 Polyester-based
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 Military Chemical Agent Resistant Coating Market Size Forecast by Applications
9.10.1 Navy
9.10.2 Land Force
9.10.3 Air Force
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 Military Chemical Agent Resistant Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size Forecast by Type
10.6.1 Epoxy-based
10.6.2 Polyester-based
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 Military Chemical Agent Resistant Coating Market Size Forecast by Applications
10.10.1 Navy
10.10.2 Land Force
10.10.3 Air Force
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 Military Chemical Agent Resistant Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size Forecast by Type
11.6.1 Epoxy-based
11.6.2 Polyester-based
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 Military Chemical Agent Resistant Coating Market Size Forecast by Applications
11.10.1 Navy
11.10.2 Land Force
11.10.3 Air Force
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 Military Chemical Agent Resistant Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Military Chemical Agent Resistant Coating 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 Military Chemical Agent Resistant Coating Market Size Forecast by Type
12.6.1 Epoxy-based
12.6.2 Polyester-based
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 Military Chemical Agent Resistant Coating Market Size Forecast by Applications
12.10.1 Navy
12.10.2 Land Force
12.10.3 Air Force
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) Military Chemical Agent Resistant Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Military Chemical Agent Resistant Coating 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) Military Chemical Agent Resistant Coating Market Size Forecast by Type
13.6.1 Epoxy-based
13.6.2 Polyester-based
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) Military Chemical Agent Resistant Coating Market Size Forecast by Applications
13.10.1 Navy
13.10.2 Land Force
13.10.3 Air Force
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 Military Chemical Agent Resistant Coating Market: Competitive Dashboard
14.2 Global Military Chemical Agent Resistant Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Sherwin-Williams
14.3.3 Valmont Coatings
14.3.4 OPC Liquid Coating
14.3.5 Trans-ACC
14.3.6 Techmetals
14.3.7 Imagineering Finishing Technologies
14.3.8 Pioneer Metal Finishing
14.3.9 Master Bond
14.3.10 Donwell Company
14.3.11 Tiodize
14.3.12 IBC Coating
14.3.13 Giering Metal Finishing
14.3.14 Chemsol
14.3.15 Sand Blasting
14.3.16 Advanced Polymer Solutions
