{"id":561525,"date":"2021-09-06T13:06:01","date_gmt":"2021-09-06T13:06:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=561525"},"modified":"2021-09-06T13:06:01","modified_gmt":"2021-09-06T13:06:01","slug":"new-product-launches-and-expansions-are-key-strategies-adopted-by-leading-players-in-the-global-anticorrosion-coating-market","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/new-product-launches-and-expansions-are-key-strategies-adopted-by-leading-players-in-the-global-anticorrosion-coating-market_561525.html","title":{"rendered":"New Product Launches and Expansions are Key Strategies Adopted by Leading Players in the global Anti-Corrosion Coating Market."},"content":{"rendered":"
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Browse 133 market data Tables and 74 Figures spread through 220 Pages and in-depth TOC on “Anti-Corrosion Coating Market”<\/div>\n<\/div>\n<\/div>\n
Anti-Corrosion Coating Market by Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc), Technology (Solvent, Water, Powder), End-Use Industry (Marine, Oil & Gas, Industrial, Infrastructure, and Power Generation)<\/div>\n

The global anti-corrosion coating market<\/a> is estimated to be USD 24.84 Billion in 2017 and is projected to reach USD 31.73 Billion by 2022, at a CAGR of 5.0% from 2017 to 2022. This market has been segmented on the basis of type, technology, end-use industry, and region. New product launches and expansions are key growth strategies adopted by leading players to strengthen their positions in the global anti-corrosion coating market. The maximum number of strategic developments between 2014 and 2017 took place in North America, followed by Europe and Asia Pacific.<\/p>\n

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The Asia Pacific anti-corrosion coating market is expected to be the largest market between 2017 and 2022. Increasing demand for anti-corrosion coatings from various end-user industries, such as infrastructure, automotive & transportation, and power generation is fueling the growth of the market.<\/p>\n

Key players operating in the global anti-corrosion coating market are AkzoNobel N.V. (Netherlands), PPG Industries, Inc. (US), Axalta Coating Systems Ltd. (US), BASF SE (Germany), The Sherwin-Williams Company (US), Ashland Inc. (US), Hempel A\/S (Denmark), Jotun (Norway), RPM International Inc. (US), and Kansai Paint Co., Ltd. (Japan).<\/p>\n

PPG Industries, Inc. is a key player in the global anti-corrosion coating market. The company has been focusing on new product launches and expansions as a part of its strategic development activities. The company offers anti-corrosion coating products based on epoxy, zinc, alkyd, and acrylic. It is also involved in R&D activities to develop high-performance coatings for various applications. For instance, in May 2014, the company launched MBE-200 2.1 VOC Epoxy Primer, which is the latest version of premium commercial performance coatings. In January 2017, the company expanded its high-performance waterborne and high-solids coatings production line in the Anhui Province, China. This development strategy helped the company expand its automotive coatings business in China.<\/p>\n

AkzoNobel N.V. is another key manufacturer of anti-corrosion coatings. The company has been focusing on new product launches to strengthen its market position. The product portfolio of the company includes anti-corrosion coatings based on epoxy, acrylic, alkyd, and polyurethane. For instance, in July 2017, the company launched a new multi-purpose Interstores Alkyd Primer that is used in the marine industry. This development strategy helped the company widen its customer base and enhance its market share.<\/p>\n

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Browse 133 market data Tables and 74 Figures spread through 220 Pages and in-depth TOC on “Anti-Corrosion Coating Market” Anti-Corrosion Coating Market by Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc), Technology (Solvent, Water, Powder), End-Use Industry (Marine, Oil & Gas, Industrial, … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[418,401,410,403,404],"tags":[],"class_list":["post-561525","post","type-post","status-publish","format-standard","hentry","category-Building-Construction","category-Business","category-Manufacturing-Industry","category-UK","category-US"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/561525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=561525"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/561525\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=561525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=561525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=561525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}