Anti-corrosion refers to the protection of metal surfaces from corroding in high-risk environments. When metallic materials are put into high risk i.e., corrosive environments, they tend to have chemical reactions with the air and/or water. The effects of corrosion become evident on the surfaces of these materials.
It will prevent the corrosion of metals/alloys by acting as a barrier between metals/alloys and the corrosive materials in contact.
Anticorrosion coatings ensure that the metals have the longest life span as possible. Corrosion resistant coatings protect metal components against degradation due to moisture, salt spray, oxidation or exposure to a variety of environmental or industrial chemicals.
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Market Driving Factors:
The top most contributing driving factors of the Anticorrosion Coatings Market, as surveyed by IndustryARC’s research analysts are:
• In terms of demand, epoxy coatings was the largest product segment, accounting for over 55% share of the global high performance anti-corrosion coatings market in 2014
• Acrylic coatings are projected to boost the market growth during the forecast period as it is the fastest-growing product segment.
Geographical Study of the Market:
Due to increasing environmental regulations and law enforcements, North America, Europe and APAC are showing high growth rates in the Anticorrosion Coatings Market. The top contributing countries of this market are noted to be Germany, the U.k., France and few more. (Report contains the detailed list of the same).
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REPORT SCOPE:
Market Segmentation:
The Anticorrosion Coatings Market is broadly segmented into 3 types based on the later given factors below. The broad...