Industrial Surface Chemistry

Anti-Rust Coating Market with Industry Size, Share, Growth, Trends, Analysis Report, Key Players – Forecast 2023


Anti-rust coating Market Information:

Anti-rust coating is a preventive coating used for protecting metal components against degradation due to moisture, humidity, salt spray, and oxidation to a variety of environmental or industrial chemicals. Anti-rust coating inhibits the contact between chemical compounds or corrosive materials

The global anti-rust coating market is majorly driven by its growing demand in various sectors such as marine, infrastructure, transportation, aerospace & defense, and others. Among these, the marine is the leading segment due to the high demand for anti-rust coating in shipbuilding and boat repairing.

Additionally, the increasing demand for residential construction by the growing population is expected to propel the market growth further. The use of anti-rust coating for durable, scratch resistant, and finished appearance in an automobile is another driver of the market. The transportation of oil & gas through pipelines increases the demand for anti-rust coating, which is expected to drive the market growth during the review period.

The increasing use of anti-rust coating in above mentioned end-use industries coupled with technological advances is likely to propel the market growth during the assessment period 2017-2023. However, fluctuating raw material price and stringent environmental regulations may hamper the market growth over the review period.

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