Pipe Coating Market by Type, End-Use Industry & Region - Global Forecasts to 2020 - Rise in Shale Gas Developments in North America - Research and Markets
Research and Markets has announced the addition of the "Pipe
Coating Market - Global Forecasts to 2020" report to their
offering.
The market size of pipe coatings, in terms of value, is projected to
reach USD 11.63 Billion by 2020, registering a CAGR of 4.5% between 2015
and 2020. The increasing infrastructure development activities in
Asia-Pacific, rise in shale gas developments in North America, and
continuous new product launches and joint ventures & collaborations
undertaken by different companies are the key factors for the growth of
the global pipe coatings market.
Industrial and chemical processing are the largest end-use industries of
pipe coatings. As pipe coatings are characterized by flexibility,
toughness, and high abrasion resistance, they protect the pipes from
corrosion and increase their durability. Industrial segment is another
fastest-growing end-use industry of pipe coatings for civil
infrastructure, energy, sewage, and mining industries, globally.
North America is the largest market for pipe coatings due to the
presence of numerous key companies in the region and growth in demand
due to increase in pipeline construction activities in the region.
Abundance of shale oil & gas reserves in the country, upsurge in
production from shale operations, and deep-water E&P in the Gulf of
Mexico are some of the major factors influencing the pipe coatings
demand in the region. The superior mechanical and anti-corrosion
properties, low conductivity, and longer shelf-life have increased the
demand of pipe coatings for general purpose as well as in specialty
end-use industries.
Companies Mentioned:
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Akzo Nobel N.V.
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Arkema S.A.
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BASF SE
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Celanese Corporation
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Covestro AG
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E.I. Du Pont De Nemours & Co.
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Lyondellbasell Industries Holdings B.V.
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Tenaris SA
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The Dow Chemical Company
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Wasco Energy Group of Companies
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Pipe Coatings Market, by Type
8 Pipe Coatings Market, by End-Use Industry
9 Pipe Coatings Market, by Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/sx3j8k/pipe_coating
View source version on businesswire.com: http://www.businesswire.com/news/home/20170104005641/en/
Copyright Business Wire 2017
Source: Business Wire
(January 4, 2017 - 4:55 AM EST)
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