Fusion Bonded Epoxy Coatings Market by Manufacturers, Regions(Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030 (Recession Impact Analysis)
ID : MRU_
96044 | Date :
Jan, 2023 | Pages :
184 | Region : Global |
Publisher : MRU
The Global Fusion Bonded Epoxy Coatings Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Fusion bonded epoxy coating, also known as fusion-bond epoxy powder coating and commonly referred to as FBE coating, is an epoxy-based powder coating that is widely used to protect steel pipe used in pipeline construction, concrete reinforcing bars (rebar) and on a wide variety of piping connections, valves etc. from corrosion.
Growing Infrastructure and Industrialization in the Asia-Pacific Region driving the Fusion Bonded Epoxy Coatings Market.
In oil & gas industry, pipes with fusion bonded epoxy (FBE) coatings exhibit excellent chemical resistance in harsh environments including petrochemicals, solvents, and corrosive gases. Apart from that, these coatings also provide better dimensional stability (i.e minimal hysteresis). Growing oil and petrochemical refineries would increase the demand for FBE coatings, hence, driving the market. Growing refineries in Asia-Pacific economies like India is expected to drive the market.
Asia-Pacific was the largest market for fusion bonded epoxy coatings in 2017. Growth in the regional market is driven by the growing infrastructure and industrialization in the Asia-Pacific region, primarily from major economies, such as China, India, and ASEAN countries. China is the leading importer and exporter of crude oil in the world, thus any changes affecting the expansion activities related to oil and gas will have a significant impact on the coatings market that finds application in the aforementioned sector.
In the global Fusion Bonded Epoxy Coatings Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on Fusion Bonded Epoxy Coatings volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Fusion Bonded Epoxy Coatings market size by analysing historical data and future prospect.
In Market segmentation by manufacturers, the report covers the following companies-
3M
PPG Industries
Akzonobel
BASF
Arkema
Sherwin-Williams
Jotun
Sigma Corporation
SolEpoxy
Shawcor (Bredero Shaw)
Specialty Polymer Coatings
Tecosy
Teknos Group In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Internal Surface Coatings
External Surface Coatings In Market segmentation by applications :
Oil & Gas
Marine
Infrastructure
Water & Wastewater Treatment
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Fusion Bonded Epoxy Coatings Market for the forecast period 2023 - 2030?
• What are the driving forces in the Fusion Bonded Epoxy Coatings Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Fusion Bonded Epoxy Coatings industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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