Market Overview:
The global pipe coating materials 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 pipeline coatings from various end-use industries, such as oil & gas, industrial, chemical processing, municipal water supply, and others. In terms of type, the thermoplastic coatings segment is projected to lead the global pipe coating materials market during the forecast period. This can be attributed to their properties such as resistance against corrosion and abrasion and easy installation. In terms of application, the oil & gas segment is projected to lead the global pipe coating materials market during the forecast period.
Product Definition:
The pipe coating material is a liquid-like substance that's applied to the interior of piping in order to protect it from corrosion. The coating can be made from a variety of materials, including polyethylene, polypropylene, or vinyl ester.
Thermoplastic Coatings:
Thermoplastic coatings are widely used in the pipe coating industry as they offer excellent resistance to corrosion, have a low coefficient of friction and provide an aesthetic finish. Thermoplastic coatings are also used for various other applications such as automotive, industrial machinery and equipment, consumer goods packaging among others.
Fusion Bonded Epoxy Coatings:
Fusion bonded epoxy coatings are a special type of coating, which is used in the pipe coating industry. It is also known as “fusion” epoxy or “high-bond” epoxy. These coatings have properties such as high mechanical strength, excellent electrical insulation and heat resistance along with low water absorption and low VOC emissions.
Application Insights:
The oil & gas application segment led the global market and accounted for more than 34.0% share of the total revenue in 2017. The growth can be attributed to rising demand for pipes, which are used in various applications including crude oil transportation, natural gas transportation, and liquid petroleum gas transportation among others.
The growing importance of plastics is driving their use as a substitute material for metals & alloys owing to properties such as better flow ability along with cost-effectiveness is expected to drive demand over the forecast period. In addition, increasing focus on reducing operational costs coupled with improving energy efficiency is projected to fuel product demand over the next eight years particularly in Europe and North America regions where most of these coatings are consumed currently.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing infrastructure activities in emerging economies such as China, India, and Japan. In addition, rising demand for construction materials owing to rapid urbanization is anticipated to propel product consumption in APAC.
North America emerged as the second-largest consumer of pipe coating materials globally after Asia Pacific on account of growing oil & gas industry coupled with stringent government regulations regarding environment protection from corrosion caused by chemical reactions between dissimilar metals used for manufacturing pipelines. Increasing use of epoxy coatings due to their superior properties compared with other conventional coating solutions will also drive product demand over the forecast period.
Europe was estimated as one of the largest consumers of global pipe coating materials on account of high consumption volumes generated by industrial applications including oil & gas industry.
Growth Factors:
- Increasing demand for corrosion resistant coatings in oil and gas pipelines due to the increasing exploration and production activities across the globe.
- Rising demand for coatings in water pipelines to prevent fouling, scaling, and biofouling.
- Growing infrastructure development in emerging economies such as China and India is expected to drive the growth of pipe coating materials market over the forecast period.
- Increasing use of advanced technologies such as nanotechnology-based coatings that offer improved performance characteristics is projected to boost the growth of pipe coating materials market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pipe Coating Materials Market Research Report
By Type
Thermoplastic Coatings, Fusion Bonded Epoxy Coatings, Metal Coatings, Concrete Weight Coatings, Polyurea Coatings, Others
By Application
Oil & Gas, Industrial, Chemical Processing, Municipal Water Supply, Others
By Companies
Akzonobel, BASF SE, LyondellBasell, Arkema, DowDupont, Covestro AG, PPG Industries, Valspar, 3M, Axalta Coating Systems, Celanese Corporation, Nippon Paint, Wasco Energy Group of Companies, The Bayou Companies
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Pipe Coating Materials Market Report Segments:
The global Pipe Coating Materials market is segmented on the basis of:
Types
Thermoplastic Coatings, Fusion Bonded Epoxy Coatings, Metal Coatings, Concrete Weight Coatings, Polyurea 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, Chemical Processing, Municipal Water Supply, 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
- BASF SE
- LyondellBasell
- Arkema
- DowDupont
- Covestro AG
- PPG Industries
- Valspar
- 3M
- Axalta Coating Systems
- Celanese Corporation
- Nippon Paint
- Wasco Energy Group of Companies
- The Bayou Companies
Highlights of The Pipe Coating Materials 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:
- Thermoplastic Coatings
- Fusion Bonded Epoxy Coatings
- Metal Coatings
- Concrete Weight Coatings
- Polyurea Coatings
- Others
- By Application:
- Oil & Gas
- Industrial
- Chemical Processing
- Municipal Water Supply
- 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 Pipe Coating Materials 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Pipe coating materials are a type of coating that is applied to pipes in order to protect them from the elements and make them more durable. Pipe coatings can be made from a variety of materials, including silicone, polyurethane, and epoxy.
Some of the major players in the pipe coating materials market are Akzonobel, BASF SE, LyondellBasell, Arkema, DowDupont, Covestro AG, PPG Industries, Valspar, 3M, Axalta Coating Systems, Celanese Corporation, Nippon Paint, Wasco Energy Group of Companies, The Bayou Companies.
The pipe coating materials market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pipe Coating Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pipe Coating Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pipe Coating Materials Market - Supply Chain
4.5. Global Pipe Coating Materials Market Forecast
4.5.1. Pipe Coating Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pipe Coating Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pipe Coating Materials Market Absolute $ Opportunity
5. Global Pipe Coating Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pipe Coating Materials Market Size and Volume Forecast by Type
5.3.1. Thermoplastic Coatings
5.3.2. Fusion Bonded Epoxy Coatings
5.3.3. Metal Coatings
5.3.4. Concrete Weight Coatings
5.3.5. Polyurea Coatings
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pipe Coating Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pipe Coating Materials Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Industrial
6.3.3. Chemical Processing
6.3.4. Municipal Water Supply
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pipe Coating Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pipe Coating Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pipe Coating Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pipe Coating Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pipe Coating Materials Demand Share Forecast, 2019-2026
9. North America Pipe Coating Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pipe Coating Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pipe Coating Materials Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Industrial
9.4.3. Chemical Processing
9.4.4. Municipal Water Supply
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pipe Coating Materials Market Size and Volume Forecast by Type
9.7.1. Thermoplastic Coatings
9.7.2. Fusion Bonded Epoxy Coatings
9.7.3. Metal Coatings
9.7.4. Concrete Weight Coatings
9.7.5. Polyurea Coatings
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pipe Coating Materials Demand Share Forecast, 2019-2026
10. Latin America Pipe Coating Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pipe Coating Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pipe Coating Materials Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Industrial
10.4.3. Chemical Processing
10.4.4. Municipal Water Supply
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pipe Coating Materials Market Size and Volume Forecast by Type
10.7.1. Thermoplastic Coatings
10.7.2. Fusion Bonded Epoxy Coatings
10.7.3. Metal Coatings
10.7.4. Concrete Weight Coatings
10.7.5. Polyurea Coatings
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pipe Coating Materials Demand Share Forecast, 2019-2026
11. Europe Pipe Coating Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pipe Coating Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pipe Coating Materials Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Industrial
11.4.3. Chemical Processing
11.4.4. Municipal Water Supply
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pipe Coating Materials Market Size and Volume Forecast by Type
11.7.1. Thermoplastic Coatings
11.7.2. Fusion Bonded Epoxy Coatings
11.7.3. Metal Catings
11.7.4. Concrete Weight Coatings
11.7.5. Polyurea Coatings
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pipe Coating Materials Demand Share, 2019-2026
12. Asia Pacific Pipe Coating Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pipe Coating Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pipe Coating Materials Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Industrial
12.4.3. Chemical Processing
12.4.4. Municipal Water Supply
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pipe Coating Materials Market Size and Volume Forecast by Type
12.7.1. Thermoplastic Coatings
12.7.2. Fusion Bonded Epoxy Coatings
12.7.3. Metal Coatings
12.7.4. Concrete Weight Coatings
12.7.5. Polyurea Coatings
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pipe Coating Materials Demand Share, 2019-2026
13. Middle East & Africa Pipe Coating Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pipe Coating Materials Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pipe Coating Materials Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Industrial
13.4.3. Chemical Processing
13.4.4. Municipal Water Supply
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pipe Coating Materials Market Size and Volume Forecast by Type
13.7.1. Thermoplastic Coatings
13.7.2. Fusion Bonded Epoxy Coatings
13.7.3. Metal Coatings
13.7.4. Concrete Weight Coatings
13.7.5. Polyurea Coatings
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pipe Coating Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pipe Coating Materials Market: Market Share Analysis
14.2. Pipe Coating Materials Distributors and Customers
14.3. Pipe Coating Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzonobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF SE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LyondellBasell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arkema
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DowDupont
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Covestro AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PPG Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Valspar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. 3M
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Axalta Coating Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Celanese Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nippon Paint
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wasco Energy Group of Companies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. The Bayou Companies
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook