Polyethylene Pipe Coating Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: BASF (BAS: ETR), LyondellBasell (LYB: NYSE), Arkema (EPA: AKE)

Registering a CAGR of 4.9% over the forecast period, the market value of Polyethylene Pipe Coating is expected to reach US$ 690 million in the year 2027.

Polyethylene Pipe Coating Market Overview

Coatings are primarily used to protect pipelines from corrosion. Because the application of a coating requires a significant investment, they are chosen based on their ability to withstand harsh conditions and resist chemicals. Furthermore, coatings with a longer life and better protective properties are selected for pipelines. As a result, the leading players in the pipe coatings market are primarily focused on developing newer technological advancements in existing coatings or combinations of new coatings that are affordable, easy to apply, and long-lasting.

The need for smooth transportation of oils and acids, as well as longer shelf life, infrastructure construction, stringent government regulations for environmental and health safety (EHS) around the world, and shale gas production activities in North America, are the primary growth drivers of the global pipe coating industry. Furthermore, the rise in acceptance of pipe coating for applications in a newer industry vertical, as well as emerging economies such as China, India, and others, would create new opportunities for the global pipe coating market.

Mobile coating technology, also known as innovative portable coating technology, entails providing coating services at the project site's location. It improves project streamlining, reducing transportation and handling costs as well as the time required to complete the coating. This technology is used in pipe coatings and linings for anti-corrosion, mechanical protection, thermal insulation, and buoyancy control. This technology has the potential to reduce transportation and handling damage repair costs while also allowing pipeline builders to operate more efficiently.

Who are the Major Players in the Polyethylene Pipe Coating Market?

The global Polyethylene Pipe Coating includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include BASF (BAS: ETR), LyondellBasell (LYB: NYSE), Arkema (EPA: AKE), DOW Chemical, Dupont, Nippon Paint, Wasco Energy Group of Companies, Bayou Companies, Irwin Marine Group, Shawcor, PSL LIMITED, SIGNUM and others.

Industry News and Updates:

PPG to debut industry-first powder coating technology at Powder Coating 2019

March 21, 2019 – PPG (NYSE: PPG) announced that it will introduce its new PPG ENVIROCRON® Extreme Protection Edge coatings at Powder Coating 2019 in Orlando, Florida, from April 1-4.

The coatings, which use a patent-pending, advanced powder coating formulation developed by PPG, represent a significant technological advancement in that they combine uniform edge coverage and exceptional corrosion protection in a primerless, one-coat system.

What are the major Applications, Types, and Regions for the Polyethylene Pipe Coating Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Internal Coating


• External Coating

By Application, it is segmented into

• Oil & Gas


• Industrial


• Chemical Processing


• Municipal Water Supply


• Others

The global demand for oil and gas is expected to rise in the near future. Because of the high depletion of energy and higher technological developments, the demand for oil and gas is increasing. As a result, the oil and gas industry is expected to drive the pipeline market, facilitating the growth of the pipe coatings market. Emerging economies are also expected to grow in the market. As APAC and South America's emerging economies become more involved in manufacturing, the region’s infrastructure is being upgraded to facilitate trade.

Polyethylene Pipe Coating Market Regional Analysis

APAC dominated the Pipe Coating Market, accounting for more than 37.3 %, followed by Europe and North America. The examined industry demand is driven by rising demand for pipeline infrastructure from the oil and gas, chemical, mining, water and wastewater, agricultural, and construction industries. As demand for construction pipes has increased in the Asia-Pacific construction market, countries such as India, Indonesia, China, Vietnam, and Singapore have experienced strong growth.

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• Asia-Pacific
  
  
  
  • China
  
  
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  • South Korea
  
  
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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Polyethylene Pipe Coating Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Polyethylene Pipe Coating Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Polyethylene Pipe Coating Market report scope?

Scope of the Report covers the Polyethylene Pipe Coating Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Polyethylene Pipe Coating Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Polyethylene Pipe Coating Report

• Evaluate Polyethylene Pipe Coating market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Polyethylene Pipe Coating market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Polyethylene Pipe Coating Market is studied from 2017 - 2027.

What is the growth rate of the Polyethylene Pipe Coating Market?

The Polyethylene Pipe Coating Market is growing at a CAGR of 4.9% over the next 5 years.

Who are the key players in Polyethylene Pipe Coating Market?

BASF, LyondellBasell, Arkema, DOW Chemical, Dupont, Nippon Paint, Wasco Energy Group of Companies, Bayou Companies, Irwin Marine Group, Shawcor, PSL LIMITED, SIGNUM

What regions does this Polyethylene Pipe Coating Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Polyethylene Pipe Coating Market?

Internal Coating, External Coating

What are the major end-use applications of the Polyethylene Pipe Coating Market?

Oil & Gas, Industrial, Chemical Processing, Municipal Water Supply, Others

 

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