Industrial, Manufacturing & Heavy Industry Market News

Pipe coating market scrutinized in new research

Industrial Market Research

Pipe Coating Market deals with developing and manufacture of protective coating on the pipe metal surfaces for preventing corrosion and abrasion of pipes. External and internal coating of pipes is done for below and above ground level pipelines.

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Oil & Gas, Industrial, Others are the major end-users.

Oil & Gas, Industrial, Others is segmented into thermoplastic, metal, others based on pipeline coating material type. Various formulation pipeline coating types such as water base coatings, solvent base coating, and ultraviolet curable are used.

The selection of proper coating depends on various factors, some of which are performance level, economics consideration, regulatory concerns, technical properties requirement, etc.

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Scope & Regional Forecast of the Pipe Coating Market

 Oil and gas industry is the main end user for pipe coating market, since the transportation of heavy oil, liquids is very frequent and shelf life of the pipe is an important concern. Rising need for smooth transportation of oils and acids, and higher shelf life, growing development of infrastructure, strict government regulations for the environment and health safety (EHS) across the globe, and increasing shale gas development activities are major factors increasing the demand of the pipeline coatings.

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North America is the dominant of Pipe Coating Market and expected to continue in near future. High reserves of shale oil & gas, and deep-water E&P in the Gulf of Mexico, has led to increase in production from shale operations boosting pipeline construction activities.

Due to larger production base of petroleum and other liquids in Saudi Arabia and Qatar, Middle East and Africa (MEA) has the second largest market.

Higher cost of pipe coating, and oversupply situation of crude oil are the major restraints for pipe coating market. However, abrasion resistance overlay (ARO) developed by improving pipe coating technology is a trend setter and aids in the growth of pipe coating market.

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Segmentations & Key Players Involved in the Pipe Coating Market

The Pipe Coating Market can be broken down into various segmentations on the basis of –

  • Material Type : Thermoplastic, Metal, Others
  • Formulation Base Type : Water base coatings, Solvent base coating, and Ultraviolet curable (UV)
  • End-User : Oil & Gas, Industrial, Others
  • Geographical Location: Europe, Asia-Pacific, North America and Rest Of World

Some of the key players involved in the Pipe Coating Market are as follows:

  • E.I. Dupont De Nemours & Co.
  • The DOW Chemical Company
  • Lyondellbasell Industries Holdings B.V.
  • Wasco Energy Group of Companies
  • Celanese Corporation

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