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Pipe coating market with growing CAGR 4.41% by 2021 according to new research report

Pipe coating market with growing CAGR 4.41% by 2021 according to new research report

The following companies as the key players in the Global Pipe Coating Market: Akzo Nobel, BASF, Celanese, LyondellBasell Industries Holdings, and The Dow Chemical Company.

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Pipe Coating Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The analysts forecast Global Pipe Coating Market to grow at a CAGR of 4.41% during the period 2017-2021.


Other Prominent Vendors in the market are: 3M, Aegion Corporation, Arkema, Axalta Coating Systems, Covestro, L.B.

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Foster Ball Winch, PPG INDUSTRIES, Shawcor, RPM, The Sherwin-Williams Company, Tenaris, and Wasco Energy Group of Companies.

One trend in the market is growth in deep-water exploration. The offshore oil and gas pipelines must be heavily coated with concrete to control the pipeline’s buoyancy in shallow waters.

The ongoing drive for deep water exploration and production drives the need for thermal insulation pipe coating. These types specialized pipe coatings are thick and heavy, thus increasing the transportation costs of pipes.”

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About Pipe Coating

Pipe coating is a protective coating applied on pipe surfaces to protect the pipelines from corrosion, maintain its flow, increase its shelf-life, and to ensure a clean product delivery. Coatings can be applied to pipes below as well as above the ground level.

The pipes can be coated internally and externally. Coatings are commonly applied in a single to triple layer array to endure harsh environments such as solvents, UV, and moisture.

According to the report, one driver in the market is shale gas boom in North America. Currently, the shale gas revolution in the US and Canada has led to the high production of oil and natural gas.

Technological developments in oil and natural gas production, such as a combination of hydraulic fracturing and horizontal drilling, coupled with low oil and gas prices, have favored the production of oil and gas in the US and Mexico. The US is also benefitted by the accessibility of domestic energy resources, which reduces the country’s dependence on imported energy sources.

Further, the report states that one challenge in the market is stringent government regulations and policies. The stringent regulations imposed by European Commission and federal government agencies are leading manufacturers toward achieving a green environment with minimum or zero harmful emissions.

In the US, the pipeline and hazardous materials safety administration (PHMSA) is responsible for ensuring and regulating the safe movement of hazardous materials to consumers and industry by all modes of transportation. It develops standards and regulations for classifying, handling, and packaging of more than one million daily shipments of hazardous materials within the US.

Report at www.rnrmarketresearch.com/contacts/?rname=1160557

The report covers the present scenario and the growth prospects of the Global Pipe Coating Market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Akzo Nobel
  • BASF
  • Celanese
  • LyondellBasell Industries Holdings
  • The Dow Chemical Company

Other prominent vendors

  • 3M
  • Aegion Corporation
  • Arkema
  • Axalta Coating Systems
  • Covestro
  • L.B. Foster Ball Winch
  • PPG INDUSTRIES
  • Shawcor
  • RPM
  • The Sherwin-Williams Company
  • Tenaris
  • Wasco Energy Group of Companies

Market driver

  • Shale gas boom in North America
  • For a full, detailed list, view our report

Market challenge

  • Stringent government regulations and policies
  • For a full, detailed list, view our report

Market trend

  • Growth in deep-water exploration
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


 Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Market segmentation by type
  • PART 07: Market segmentation by application
  • PART 08: Market segmentation by geography
  • PART 09: Decision framework
  • PART 10: Drivers and challenges
  • PART 11: Market trends
  • PART 12: Vendor landscape
  • PART 13: Key vendor analysis
  • PART 14: Appendix

 

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