Market Overview:
The global phosphate conversion coatings for oil and gas 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 phosphate conversion coatings from the oil and gas industry, owing to their properties such as corrosion resistance, wear resistance, and high-temperature stability. In addition, the growing demand for steel and cast iron products across various end-use industries is also contributing to the growth of this market. Based on type, zinc phosphate is projected to be the fastest-growing segment of the global phosphate conversion coatings for oil and gas market during the forecast period. This can be attributed to its superior properties such as corrosion resistance and wear resistance as compared with other types of phosphates.
Product Definition:
Phosphate conversion coatings for oil and gas are used to protect metal surfaces from corrosion. They form a barrier layer that prevents the metal from interacting with the surrounding environment. This can be important in applications where corrosion can lead to dangerous failures.
Zinc Phosphate:
Zinc phosphate is a mineral that is found in the earth's crust. It can be produced through mining or chemical synthesis. The most common form of zinc phosphate used in the global market is Zn2(PO4)3.9H2O, which has a white powdery appearance and occurs in crystalline form with an orthorhombic structure.
Manganese Phosphate:
Manganese phosphate is a mineral that occurs naturally as well as can be manufactured using a chemical reaction. Manganese phosphate has the formula Mn2HPO4 and is usually found in crystalline form. It typically occurs with quartz and other phosphates in kyanite, alunite, etc. The manganese content of the product generally ranges from 0% to 15%.
Application Insights:
The steel application segment led the global phosphate conversion coatings market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Steel is one of the most important components in an oil and gas wellbore due to its ability to resist wear, tear, corrosion, abrasion as well as high tensile strength. The use of phosphate conversion coatings on steel leads to enhanced resistance against drilling fluids with superior lubricity and helps extend equipment life by preventing galling between metal surfaces.
Phosphate conversion coating for iron & steel applications can provide benefits such as improved surface finish coupled with better adhesion for subsequent layers during cold-flow drilling operations thereby enhancing bit performance while reducing operational costs per foot by nearly 20%. These benefits are likely to drive their demand from various oil & gas industries worldwide over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing oil & gas E&P activities in countries such as China, India, Australia, Vietnam and Indonesia. Furthermore, rising steel production due to infrastructure development coupled with growing end-use industries will drive the demand for GPCS in Asia Pacific region.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to rapid developments associated with oil & gas industry coupled with steel manufacturing sector. In addition, increasing government investments on various energy projects are likely boost crude oil production which will result into increased demand for GPCS products used as a conversion coating for drilling wells efficiently reducing corrosion issues caused by seawater ingress during offshore operations along with providing protection from erosion and scaling properties required by offshore platforms operating at high pressure/temperature conditions thus driving overall regional market growth over the forecast period.
Growth Factors:
- Increasing demand for oil and gas due to rising population and industrialization
- Rapid technological advancements in the field of oil and gas exploration and production
- Stringent environmental regulations for reducing emissions from oil and gas operations
- Rising prices of crude oil in the international market
- Growing demand for coatings that can improve the performance of drilling equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Phosphate Conversion Coatings for Oil and Gas Market Research Report
By Type
Zinc Phosphate, Manganese Phosphate, Iron Phosphate
By Application
Steel, Cast Iron, Others
By Companies
Henkel, PPG Industries, The Sherwin-Williams, Axalta Coating Systems, BASF, Nihon Parkerizing, Keystone, Freiborne, Hubbard Hall, Crest Chemical
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Phosphate Conversion Coatings for Oil and Gas Market Report Segments:
The global Phosphate Conversion Coatings for Oil and Gas market is segmented on the basis of:
Types
Zinc Phosphate, Manganese Phosphate, Iron Phosphate
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
Steel, Cast Iron, 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:
- Henkel
- PPG Industries
- The Sherwin-Williams
- Axalta Coating Systems
- BASF
- Nihon Parkerizing
- Keystone
- Freiborne
- Hubbard Hall
- Crest Chemical
Highlights of The Phosphate Conversion Coatings for Oil and Gas 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:
- Zinc Phosphate
- Manganese Phosphate
- Iron Phosphate
- By Application:
- Steel
- Cast Iron
- 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 Phosphate Conversion Coatings for Oil and Gas 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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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?
Phosphate conversion coatings are a type of oil and gas protection coating that helps to prevent corrosion and wear on equipment.
Some of the key players operating in the phosphate conversion coatings for oil and gas market are Henkel, PPG Industries, The Sherwin-Williams, Axalta Coating Systems, BASF, Nihon Parkerizing, Keystone, Freiborne, Hubbard Hall, Crest Chemical.
The phosphate conversion coatings for oil and gas 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 Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size & Forecast, 2018-2028
4.5.1 Phosphate Conversion Coatings for Oil and Gas Market Size and Y-o-Y Growth
4.5.2 Phosphate Conversion Coatings for Oil and Gas Market Absolute $ Opportunity
Chapter 5 Global Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Type
5.2.1 Zinc Phosphate
5.2.2 Manganese Phosphate
5.2.3 Iron Phosphate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Applications
6.2.1 Steel
6.2.2 Cast Iron
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Analysis and Forecast
9.1 Introduction
9.2 North America Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Type
9.6.1 Zinc Phosphate
9.6.2 Manganese Phosphate
9.6.3 Iron Phosphate
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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Applications
9.10.1 Steel
9.10.2 Cast Iron
9.10.3 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 Phosphate Conversion Coatings for Oil and Gas Analysis and Forecast
10.1 Introduction
10.2 Europe Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Type
10.6.1 Zinc Phosphate
10.6.2 Manganese Phosphate
10.6.3 Iron Phosphate
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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Applications
10.10.1 Steel
10.10.2 Cast Iron
10.10.3 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 Phosphate Conversion Coatings for Oil and Gas Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Type
11.6.1 Zinc Phosphate
11.6.2 Manganese Phosphate
11.6.3 Iron Phosphate
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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Applications
11.10.1 Steel
11.10.2 Cast Iron
11.10.3 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 Phosphate Conversion Coatings for Oil and Gas Analysis and Forecast
12.1 Introduction
12.2 Latin America Phosphate Conversion Coatings for Oil and Gas 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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Type
12.6.1 Zinc Phosphate
12.6.2 Manganese Phosphate
12.6.3 Iron Phosphate
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 Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Applications
12.10.1 Steel
12.10.2 Cast Iron
12.10.3 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) Phosphate Conversion Coatings for Oil and Gas Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phosphate Conversion Coatings for Oil and Gas 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) Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Type
13.6.1 Zinc Phosphate
13.6.2 Manganese Phosphate
13.6.3 Iron Phosphate
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) Phosphate Conversion Coatings for Oil and Gas Market Size Forecast by Applications
13.10.1 Steel
13.10.2 Cast Iron
13.10.3 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 Phosphate Conversion Coatings for Oil and Gas Market: Competitive Dashboard
14.2 Global Phosphate Conversion Coatings for Oil and Gas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 PPG Industries
14.3.3 The Sherwin-Williams
14.3.4 Axalta Coating Systems
14.3.5 BASF
14.3.6 Nihon Parkerizing
14.3.7 Keystone
14.3.8 Freiborne
14.3.9 Hubbard Hall
14.3.10 Crest Chemical
