SOUTH AFRICA CORROSION PROTECTIVE COATINGS AND ACID PROOF LINING MARKET ANALYSIS
South Africa corrosion protective coatings and acid proof lining market is projected to reach around US$ 96.49 Billion by the end of 2030, in terms of revenue, growing at CAGR of 5.9% during the forecast period (2022-2030).
Market Trends
The growing trend of eco-friendly is encouraging producers to go for bio-based paints and coatings solutions. For these various manufacturers are launching and also promoting the user to use eco-friendly paints in order to maintain environmental sustainability. Rising such efforts from governments and manufacturers are projected to foster the market growth of the South Africa corrosion protective coatings & acid proof lining during the foreseeable timeframe.
South Africa Corrosion Protective Coatings & Acid Proof Lining Market Share (%) in terms of Value, By End use, in 2022
On the basis of end-use in 2022, the mining & metallurgy segment has accounted for the largest market share of 37.2% in terms of value, followed by others and the power generation segment respectively.
Figure 1: Renewable Methanol Market, By End use, in 2022
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