Corrosion products market will reach a budget of 23,385,000 euros by 2019

The new report "Market corrosion products - Global Trend and Forecast to 2019", conducted by MarketsandMarkets, includes an analysis of the evolution and market trends, the main target being the year 2019.

Power generation, infrastructure, construction machinery and transport are the markets with the greatest growth in the use of corrosion products. Huge financial losses caused by corrosion, demand from end-users and technological development in the field, represent key elements that lead to the evolution of the market.

The marine sector proved the biggest user of corrosion products in 2013 and forecasts a slight increase in the range 2014-2019. This is reflected in decreasing the rate of production in the ships.

Advanced techniques in the oil and gas industry and chemical processing will lead to a significant increase in corrosion products market.

     
Acrylic Corrosion products will score the largest increase

Epoxies have dominated the market in 2013 and will continue to maintain this position until 2019. Acrylic products will have the highest increase in the period 2014-2019 due to environmental regulations and protections structure switching from solvent-based ones to  water-based.

The orientation of the industry on water-based protection

Solvent based protections have dominated the market in 2013. Current regulations aim to reduce emissions of volatile organic compounds in paints and corrosion products, impacting the growth of this segment. So it can capture an evolution of water-based products, which has a lower environmental impact.

More than 89 77 tables and figures are available for the analysis of "Market corrosion products, by the type (epoxy, polyurethane, zinc-based, alkyd, acrylic),  technology (solvent, water, powdered) and after the industry it fits (marine sector, patrol and gas, power, infrastructure and machine building) in the study Global Trends and Forecast to 2019 ". 

Sursa: http://www.european-coatings.com/Markets-companies/Coatings-market/Anti-corrosion-coating-market-is-projected-to-reach-EUR-23-385-million-by-2019, on 03.03.2015

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