Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Pipe-Tank Coatings Market by Type (Powder, Liquid), By Application (Oil & Gas, Chemical Processing, Industrial, Municipal Water Supply) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Pipe-Tank Coatings Market by Type (Powder, Liquid), By Application (Oil & Gas, Chemical Processing, Industrial, Municipal Water Supply) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143554 3300 Chemical & Material 377 243 Pages 4.8 (38)

Market Overview:

The global pipe-tank coatings 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 pipe-tank coatings from various end-use industries, such as oil & gas, chemical processing, industrial and municipal water supply. In terms of type, the powder segment is expected to lead the global pipe-tank coatings market during the forecast period. This can be attributed to its properties such as high resistance against abrasion and corrosion.

Global Pipe-Tank Coatings Industry Outlook

Product Definition:

A pipe-tank coating is a type of protective coating that is applied to the inside and outside of pipes and tanks. Pipe-tank coatings are used to protect the pipes and tanks from corrosion, abrasion, and other types of damage.


Powder coating is a method of layering or coating where the material to be coated is placed on a metal or plastic surface and then compressed air is used for atomization. The material then falls on the surface and forms an even layer with no need for tools.


Liquid is a transparent, odorless and colorless liquid that is extensively used in pipe-tank coatings. It has viscosity similar to water and it flows easily at room temperature. The major raw materials for manufacturing liquid include ethylene, propylene, styrene acrylonitrile and butadiene. Liquid coating is applied on the interior as well as exterior surfaces of pipes using spray guns or rollers.

Application Insights:

The oil & gas application segment accounted for the largest volume share of over 30% in 2017. The growth is attributed to the rising demand for pipe-tank coatings from various industries, including upstream and midstream, refining and petrochemicals. In addition, favorable government policies regarding increasing investments in developing new sources of energy are expected to drive product demand over the forecast period.

Pipe-tank coating is used in oil & gas industry for corrosion prevention by providing a protective layer on interior as well as exterior surfaces of pipes and tanks. It also improves overall performance characteristics such as strength, fatigue resistance, weldability etc., which further boosts its consumption rate among other applications globally.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.1% in 2017, which can be attributed to rapid industrialization and increasing foreign investments coupled with rising government spending on infrastructure development projects. In addition, growing oil & gas exploration activities are anticipated to drive product demand over the forecast period.

The presence of major petrochemical companies such as BASF SE; Bayer AG; Sinopec Group; PTT Public Company Limited (Petroleum Technology) have their operational facilities based in China has led Asia Pacific being one of the largest consumers for pipe-tank coatings globally.

Growth Factors:

  • Increasing demand for pipe-tank coatings from the oil and gas industry as a result of the growth in exploration and production activities
  • Rising demand for corrosion protection of pipelines, tanks, and other storage vessels from various end-use industries
  • Growing awareness about the benefits of pipe-tank coatings among end users
  • Technological advancements in pipe-tank coatings that improve performance and durability
  • Stringent environmental regulations mandating use of corrosion resistant coatings

Scope Of The Report

Report Attributes

Report Details

Report Title

Pipe-Tank Coatings Market Research Report

By Type

Powder, Liquid

By Application

Oil & Gas, Chemical Processing, Industrial, Municipal Water Supply

By Companies

BASF, PPG Industries, AkzoNobel, Axalta Coatings Systems, Covestro AG, Cabot Corporation, 3M, Jotun, Dupont, Kansai Paint, Mascoat, Nippon Paint, The Sherwin-Williams Company, Carboline Company

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Pipe-Tank Coatings Market Report Segments:

The global Pipe-Tank Coatings market is segmented on the basis of:


Powder, Liquid

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.


Oil & Gas, Chemical Processing, Industrial, Municipal Water Supply

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:

  1. BASF
  2. PPG Industries
  3. AkzoNobel
  4. Axalta Coatings Systems
  5. Covestro AG
  6. Cabot Corporation
  7. 3M
  8. Jotun
  9. Dupont
  10. Kansai Paint
  11. Mascoat
  12. Nippon Paint
  13. The Sherwin-Williams Company
  14. Carboline Company

Global Pipe-Tank Coatings Market Overview

Highlights of The Pipe-Tank Coatings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Powder
    2. Liquid
  1. By Application:

    1. Oil & Gas
    2. Chemical Processing
    3. Industrial
    4. Municipal Water Supply
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pipe-Tank 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
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Pipe-Tank Coatings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Pipe-tank coatings are a type of coating that is applied to the inside of pipes in order to protect them from corrosion.

Some of the major players in the pipe-tank coatings market are BASF, PPG Industries, AkzoNobel, Axalta Coatings Systems, Covestro AG, Cabot Corporation, 3M, Jotun, Dupont, Kansai Paint, Mascoat, Nippon Paint, The Sherwin-Williams Company, Carboline Company.

The pipe-tank coatings market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Pipe-Tank Coatings 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-Tank Coatings Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Pipe-Tank Coatings Market - Supply Chain
   4.5. Global Pipe-Tank Coatings Market Forecast
      4.5.1. Pipe-Tank Coatings Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Pipe-Tank Coatings Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Pipe-Tank Coatings Market Absolute $ Opportunity

5. Global Pipe-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Type
      5.3.1. Powder
      5.3.2. Liquid
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Pipe-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Application
      6.3.1. Oil & Gas
      6.3.2. Chemical Processing
      6.3.3. Industrial
      6.3.4. Municipal Water Supply
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Pipe-Tank Coatings 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-Tank Coatings 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-Tank Coatings 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-Tank Coatings 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-Tank Coatings Demand Share Forecast, 2019-2026

9. North America Pipe-Tank Coatings 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-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Application
      9.4.1. Oil & Gas
      9.4.2. Chemical Processing
      9.4.3. Industrial
      9.4.4. Municipal Water Supply
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Pipe-Tank Coatings Market Size and Volume Forecast by Type
      9.7.1. Powder
      9.7.2. Liquid
   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-Tank Coatings Demand Share Forecast, 2019-2026

10. Latin America Pipe-Tank Coatings 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-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Application
      10.4.1. Oil & Gas
      10.4.2. Chemical Processing
      10.4.3. Industrial
      10.4.4. Municipal Water Supply
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Pipe-Tank Coatings Market Size and Volume Forecast by Type
      10.7.1. Powder
      10.7.2. Liquid
   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-Tank Coatings Demand Share Forecast, 2019-2026

11. Europe Pipe-Tank Coatings 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-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Application
      11.4.1. Oil & Gas
      11.4.2. Chemical Processing
      11.4.3. Industrial
      11.4.4. Municipal Water Supply
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Pipe-Tank Coatings Market Size and Volume Forecast by Type
      11.7.1. Powder
      11.7.2. Liquid
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.1. 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-Tank Coatings Demand Share, 2019-2026

12. Asia Pacific Pipe-Tank Coatings 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-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Application
      12.4.1. Oil & Gas
      12.4.2. Chemical Processing
      12.4.3. Industrial
      12.4.4. Municipal Water Supply
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Pipe-Tank Coatings Market Size and Volume Forecast by Type
      12.7.1. Powder
      12.7.2. Liquid
   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-Tank Coatings Demand Share, 2019-2026

13. Middle East & Africa Pipe-Tank Coatings 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-Tank Coatings 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-Tank Coatings Market Size and Volume Forecast by Application
      13.4.1. Oil & Gas
      13.4.2. Chemical Processing
      13.4.3. Industrial
      13.4.4. Municipal Water Supply
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Pipe-Tank Coatings Market Size and Volume Forecast by Type
      13.7.1. Powder
      13.7.2. Liquid
   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-Tank Coatings Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Pipe-Tank Coatings Market: Market Share Analysis
   14.2. Pipe-Tank Coatings Distributors and Customers
   14.3. Pipe-Tank Coatings Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF Overview Financials Developments Strategic Outlook
      14.4.2. PPG Industries Overview Financials Developments Strategic Outlook
      14.4.3. AkzoNobel Overview Financials Developments Strategic Outlook
      14.4.4. Axalta Coatings Systems Overview Financials Developments Strategic Outlook
      14.4.5. Covestro AG Overview Financials Developments Strategic Outlook
      14.4.6. Cabot Corporation Overview Financials Developments Strategic Outlook
      14.4.7. 3M Overview Financials Developments Strategic Outlook
      14.4.8. Jotun Overview Financials Developments Strategic Outlook
      14.4.9. Dupont Overview Financials Developments Strategic Outlook
      14.4.10. Kansai Paint Overview Financials Developments Strategic Outlook
      14.4.11. Mascoat Overview Financials Developments Strategic Outlook
      14.4.12. Nippon Paint Overview Financials Developments Strategic Outlook
      14.4.13. The Sherwin-Williams Company Overview Financials Developments Strategic Outlook
      14.4.14. Carboline Company Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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