Pipe Coatings Market Top Manufacturers, Price Trends and Forecast To 2030

 

The pipe coatings market is a segment of the global coatings industry that deals with the application of coatings on pipes used in various industries such as oil and gas, water and wastewater, chemicals, and others. Pipe coatings are used to protect pipes from corrosion, abrasion, and other damages, and to improve their performance and lifespan. The global pipe coatings market was valued at USD 8.5 billion in 2020 and is expected to grow at a CAGR of 4.5% from 2021 to 2028.

Types of Pipe Coatings

  1. Fusion-Bonded Epoxy Coatings (FBE) FBE coatings are one of the most commonly used types of pipe coatings. They are applied by heating the pipe to a high temperature and then applying an epoxy powder to it. The powder melts and forms a coating that adheres strongly to the pipe.

  2. Polyethylene Coatings (PE) PE coatings are thermoplastic coatings that are applied by extruding molten polyethylene onto the surface of the pipe. They are resistant to abrasion and have excellent impact resistance, making them suitable for use in harsh environments.

  3. Polyurethane Coatings (PU) PU coatings are applied by spraying or brushing onto the surface of the pipe. They provide excellent resistance to abrasion, chemicals, and weathering, making them ideal for use in marine and offshore environments.

  4. Coal Tar Enamel (CTE) Coatings CTE coatings are made by heating coal tar to a high temperature and then applying it to the pipe. They are highly resistant to water and chemicals and have a long lifespan.

  5. Others Other types of pipe coatings include epoxy novolac coatings, epoxy phenolic coatings, and acrylic coatings.

Applications of Pipe Coatings

  1. Oil and Gas Pipe coatings are used extensively in the oil and gas industry to protect pipelines from corrosion and abrasion. They are also used to improve the flow of oil and gas through the pipeline.

  2. Water and Wastewater Pipe coatings are used in the water and wastewater industry to protect pipes from corrosion and to improve their durability. They are also used to prevent contamination of the water supply.

  3. Chemicals Pipe coatings are used in the chemicals industry to protect pipes from corrosive chemicals and to improve their lifespan. They are also used to prevent leaks and spills.

  4. Others Pipe coatings are used in various other industries such as food and beverage, pharmaceuticals, and pulp and paper, to protect pipes from corrosion and to improve their performance.

Regional Markets

  1. North America North America is the largest market for pipe coatings, driven by the oil and gas industry, which accounts for a significant share of the market.

  2. Europe Europe is another significant market for pipe coatings, driven by the increasing demand from the water and wastewater and oil and gas industries.

  3. Asia Pacific The Asia Pacific market is expected to grow at the highest CAGR during the forecast period, driven by the increasing demand from the oil and gas and water and wastewater industries in the region.

Key Players in the Market

  1. AkzoNobel N.V.
  2. BASF SE
  3. PPG Industries, Inc.
  4. The Sherwin-Williams Company
  5. Axalta Coating Systems LLC
  6. Hempel A/S
  7. Jotun A/S
  8. Kansai Paint Co., Ltd.
  9. Nippon Paint Holdings Co., Ltd.
  10. Teknos Group Oy

Conclusion

The pipe coatings market is a growing segment of the global coatings industry, driven by the increasing demand for protective coatings in various industries. The market is expected to grow at a significant pace in the coming years, driven by the increasing demand from the oil and

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