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| Market Size | CAGR | Dominating Region |
|---|---|---|
| 8.62 USD billion | 6.55% | North America |
| By Type | By End User | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Abrasion Resistant Coatings Market Overview
The global abrasion resistant coatings market is expected to grow at 6.55% CAGR from 2023 to 2029. It is expected to reach above 8.62 USD billion by 2029 from 14.91 USD billion in 2022.
Metallic friction and abrasion are intrinsic features of most metals that may severely damage construction sites and pipes. As a result, abrasion-resistant coatings are vital in a variety of industry verticals. Abrasion-resistant coatings are used to protect equipment and components against wear caused by mechanical forces. Metals with abrasion-resistant coating systems can withstand a variety of adverse impacts such as seizing, galling, and other physical damages.
Additionally, these coatings are known as spray coatings or sliding wear coatings, and they are used for a variety of purposes in a variety of sectors, including automotive, aerospace, and electronics. Metal coatings are widely used to increase the service life of metals. Various market participants favor the usage of ceramic-based and polymer-based coatings.
| ATTRIBUTE | DETAILS |
| Study period | 2022-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2023-2029 |
| Historical period | 2018-2022 |
| Unit | Value (USD Million) (Kilotons) |
| Segmentation | By Type, By End User, By Region |
| By Type
|
|
| By End User
|
|
| By Region
|
|
Furthermore, increased investment in the APAC region’s industrial sectors is likely to drive the market. Abrasion resistant coatings are widely used in the power generating sector. The surge in demand for abrasion-resistant coatings from the industrial and power generating industries is driving the worldwide abrasion-resistant coatings market. Diverse applications across a wide range of end-use sectors, including power generation, oil and gas, maritime, and transportation, are expected to drive market expansion during the projected period, as is an increase in usage in emerging nations throughout the world.
Also, increased demand from the transportation industry adds considerably to the growth of the worldwide abrasion-resistant coatings market. Moreover, the increased demand for coatings that produce minimal VOCs and are environmentally benign has led to an increase in the usage of oxide coatings due to their superior chemical resistance and wear characteristics. Furthermore, a surge in demand for abrasion-resistant coatings from maritime sectors is a major factor driving worldwide market expansion.
However, high capital investment requirements and environmental and safety considerations, combined with the slow expansion of the industrial and infrastructural sectors, hinder market growth. Strict regulatory regulations and local pollution control legislation may provide further challenges to the expansion of the abrasion resistant coatings market in the near future.
The COVID-19 pandemic spread throughout the world and that disrupted the supply chain globally. Due to lockdown, the production process of the automotive industry was halted, rather, closed and that resulted in significant impact on the abrasion resistant coatings market. As the world markets have opened-up, and this is expected to gain potential growth in the abrasion resistant coatings market.
Abrasion Resistant Coatings Market Segment Analysis
The global abrasion resistant coatings market is segmented by type, end use industry and region.
Based on the type segment, the abrasion resistant coatings market includes Metal/Ceramic, Polymer. Ceramic-based abrasion-resistant coatings are divided into three types: oxide, carbide, and nitride coatings. These coatings are extremely resistant to high temperatures and abrasion. Ceramic coatings are more expensive owing to the costly thermal spray process needed, but the overall life cycle cost is lower when compared to polymer-based coatings due to the lower maintenance required with ceramic coatings.
The abrasion resistant coatings market can be classified based on the end use industry, that is, Oil & Gas, Marine, Power Generation, Transportation, Mining, Construction. Abrasion resistant coatings are utilised in wind turbine blades, concrete cooling towers, valves, containment containers, nuclear components, generators, dam structures, and turbines in the power generating sector. Abrasion resistant coatings are generally utilised in the power generating industry to guard against the impacts of weather.
Abrasion Resistant Coatings Market Players
The global abrasion resistant coatings market key players include AkzoNobel N.V., Saint-Gobain, Jotun A/S, The Sherwin-Williams Company, Hempel A/S, Praxair Surface Technologies, Henkel, Sika AG, HARDIDE PLC, Bodycote plc, PPG Industries, Inc., Arkema S.A., and Evonik Industries AG.
Various businesses are focusing on organic growth tactics such as new launches, product approvals, and other things like patents and events. Mergers & Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the market. These initiatives such as development and expansion have paved the road for market participants to expand their business. These market players in the abrasion-resistant coatings market are expected to benefit from attractive growth prospects in the future.
Sherwin-Williams Launches High Temperature-Resistant Coating to Combat Costly Corrosion Under Insulation.
November 29, 2022 Partner power driving AkzoNobel initiative to collectively reduce carbon footprint.
Abrasion Resistant Coatings Market Regional Analysis
The abrasion resistant coatings market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America has a dominating share in the global abrasion resistant coatings market due to power generating and maritime sectors are rapidly increasing, followed by Europe and Asia Pacific with rising urbanization and industrialization.
Who Should Buy? Or Key stakeholders
- Government and research organization
- Investors
- Trade Associations
- Oil & Gas Industry
- Coatings manufacturers
- Scientific research organization
- Construction Industry
Key Market Segments: Abrasion Resistant Coatings Market
Abrasion Resistant Coatings Market by Type, 2022-2029, (USD Million) (Kilotons)
- Metal/Ceramic
- Polymer
Abrasion Resistant Coatings Market by End Use Industry, 2022-2029, (USD Million) (Kilotons)
- Oil & Gas
- Marine
- Power Generation
- Transportation
- Mining
- Construction
Abrasion Resistant Coatings Market by Region, 2022-2029, (USD Million)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the current size of the abrasion resistant coatings market?
- What are the key factors influencing the growth of abrasion resistant coatings?
- What is the major end-use industry for abrasion resistant coatings?
- Who are the major key players in the abrasion resistant coatings market?
- Which region will provide more business opportunities for abrasion resistant coatings in future?
- Which segment holds the maximum share of the abrasion resistant coatings market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL ABRASION RESISTANT COATINGS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON ABRASION RESISTANT COATINGS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL ABRASION RESISTANT COATINGS MARKET OUTLOOK
- GLOBAL ABRASION RESISTANT COATINGS MARKET BY TYPE
- METAL/CERAMIC
- POLYMER
- GLOBAL ABRASION RESISTANT COATINGS MARKET BY END USER
- OIL & GAS
- MARINE
- POWER GENERATION
- TRANSPORTATION
- MINING
- CONSTRUCTION
- GLOBAL ABRASION RESISTANT COATINGS MARKET BY REGION
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- AKZONOBEL N.V.
- SAINT-GOBAIN
- JOTUN A/S
- THE SHERWIN-WILLIAMS COMPANY
- HEMPEL A/S
- PRAXAIR SURFACE TECHNOLOGIES
- HENKEL
- SIKA AG
- HARDIDE PLC
- BODYCOTE PLC
- PPG INDUSTRIES, INC.
- ARKEMA S.A. EVONIK INDUSTRIES AG. *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY REGION (USD MILLIONS) 2022-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY REGION (KILOTONS) 2022-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â US ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â UK ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â UK ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â UK ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â UK ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â UAE ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â UAE ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â UAE ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â UAE ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA ABRASION RESISTANT COATINGS MARKET BY TYPE (USD MILLIONS) 2022-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA ABRASION RESISTANT COATINGS MARKET BY TYPE (KILOTONS) 2022-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA ABRASION RESISTANT COATINGS MARKET BY END USER (USD MILLIONS) 2022-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA ABRASION RESISTANT COATINGS MARKET BY END USER (KILOTONS) 2022-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY TYPE, USD MILLION, 2022-2029
FIGURE 9Â Â Â Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY END USER, USD MILLION, 2022-2029
FIGURE 10Â Â Â Â GLOBAL ABRASION RESISTANT COATINGS MARKET BY REGION, USD MILLION, 2022-2029
FIGURE 11    PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â NORTH AMERICA ABRASION RESISTANT COATINGS MARKET SNAPSHOT
FIGURE 13Â Â Â Â EUROPE ABRASION RESISTANT COATINGS MARKET SNAPSHOT
FIGURE 14Â Â Â Â ASIA PACIFIC ABRASION RESISTANT COATINGS MARKET SNAPSHOT
FIGURE 15Â Â Â Â SOUTH AMERICA ABRASION RESISTANT COATINGS MARKET SNAPSHOT
FIGURE 16Â Â Â Â MIDDLE EAST & AFRICA ABRASION RESISTANT COATINGS MARKET SNAPSHOT
FIGURE 17Â Â Â AKZONOBEL N.V.: COMPANY SNAPSHOT
FIGURE 18Â Â Â SAINT-GOBAIN: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â JOTUN A/S: COMPANY SNAPSHOT
FIGURE 20Â Â Â THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â HEMPEL A/S: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â PRAXAIR SURFACE TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â HENKEL: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â SIKA AG: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â HARDIDE PLC: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â BODYCOTE PLC: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â PPG INDUSTRIES, INC.: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â ARKEMA S.A.: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â EVONIK INDUSTRIES AG.: COMPANY SNAPSHOT
FAQ
The Abrasion Resistant Coatings market size has crossed USD 8.62 billion in 2022 and will observe a CAGR of more than 6.55% up to 2029 driven by the rising applications in end-use industries such as transportation, oil & gas and marine.
North America accounted for a 42% share of the abrasion resistant coatings market in 2021 and is expected to maintain its dominance during the forecast period.
Surge in demand for abrasion-resistant coatings from the industrial and power generating industries is driving the worldwide abrasion-resistant coatings market. Strict regulatory regulations and local pollution control legislation may provide challenges to the market. increased demand from the transportation industry adds considerably to the growth of the worldwide abrasion-resistant coatings market.
Due to the existence of a high number of goods producers in the area and expanding industrial sector in the North American region. North America accounted for a large share of the abrasion resistant coatings market in 2020 and is expected to maintain its dominance during the forecast period.
Due an increase in demand from the transportation, electronics, and food processing industries as well as in terms of revenue, the Chinese market is likely to account for the biggest share, Asia-Pacific is expected to have the largest CAGR in coming years.
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