Corrosion protective coatings is a special type of polyurethane coating that is available for many industrial products. These are primarily used in the aerospace industry where extreme temperatures are a part of everyday operations. It is a thin layer on a metal part that is designed to be applied at very high temperatures (or even sprayed at high temperatures), and then allowed to cool and harden, creating a strong barrier that prevents further corrosion. Common applications of this protective coating include bulletproof vests, water tanks, generator mufflers, and others
Market Dynamics:
Growing non-oil industry and increasing production of steel in the region is expected to drive the MENA corrosion protective coatings & acid proof lining market growth. According to Worldsteel data, World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.6 million tons (Mt) in May 2023, indicating 5.1% decrease as compared to May 2022. Africa produced 1.3 Mt in May 2023, indicating 18.6% increase from May 2022
Lck of manufacturing facility for corrosion protective coatings, and high dependency on import is expected to hamper the market growth.
Key features of the study:
- This report provides in-depth analysis of the MENA corrosion protective coatings & acid proof lining market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the MENA corrosion protective coatings & acid proof lining market based on the following parameters–company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Hajjan Trading & Industrial Services Company Ltd. (HATCON), KCC Corrosion Control Co. Ltd., Al-sabaiea National Gen. Cont. & Gen. Trad. Co., Rezayat Protective Coating Company Ltd., Bahrain Rubber Company W.L.L., Anticorrosion Protective Systems L.L.C., Al Gurg Paints LLC., DicoTech Limited, REMA Tip Top AG (Tip Top Oberflächenschutz Elbe GmbH), General Industries Co. Ltd, FABA Commercial Services W.L.L., and Ashland
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- MENA corrosion protective coatings & acid proof lining market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the MENA corrosion protective coatings & acid proof lining market
Detailed Segmentation:
- MENA Corrosion Protective Coatings & Acid Proof Lining Market, By Product Type:
- Polymer Coatings
- Rubber Lining Systems
- Acid Proof Lining
- MENA Corrosion Protective Coatings & Acid Proof Lining Market, By End Use Industry
- Marine
- Transportation
- Chemicals
- Water Treatment
- Mining
- Oil & Gas
- Power Generation
- Others
- MENA Corrosion Protective Coatings & Acid Proof Lining Market, By Country:
- MENA
- United Arab Emirates (UAE)
- Saudi Arabia
- Qatar
- Oman
- Kuwait
- Bahrain
- Iran
- Iraq
- Morocco
- Egypt
- Jordan
- Company Profiles
- Hajjan Trading & Industrial Services Company Ltd. (HATCON)
- KCC Corrosion Control Co. Ltd
- Al-sabaiea National Gen. Cont. & Gen. Trad. Co.
- Rezayat Protective Coating Company Ltd.
- Bahrain Rubber Company W.L.L.
- Anticorrosion Protective Systems L.L.C.
- Al Gurg Paints LLC.
- DicoTech Limited,
- REMA Tip Top AG (Tip Top Oberflächenschutz Elbe GmbH)
- General Industries Co. Ltd
- FABA Commercial Services W.L.L
- Ashland
