Acumen Research and Consulting Anti-Corrosion Paint Market | Page 2
corrosion by reducing the direct contact of air and water to the metal. The
working principle of anti corrosive paint is to prevent metal surfaces from
corrosion and also act as a barrier in between chemical compounds or corrosive
material. The different types of anti-corrosion paints available are – water-based,
solvent-based, and powder based which are mostly applied on iron or steel
products. Rise in investment in infrastructure mainly across the developing and
rising economies has been penetrating the growth of market. These paints in the
construction industry provide simple surface preparation methods, superior
bonding strength with promising anti-corrosion properties in concrete and steel,
lower coating costs, and absolute ease of use. It also provides heat resistance,
superior structural strength, and limits harmful UV radiation affecting buildings.
Furthermore, major raw material used within the infrastructure is steel, as it has
high tensile strength. Steelit is prone to corrosion due to environmental contact,
which has led to the increasing demand for the anti-corrosive coatings across the
world. However, the various raw material used within the production of
anticorrosion paint is hazardous to environment and human health. Due to these
hazards, government has implemented stringent regulatory norms for the
production of anti-corrosive paints. This has acted as the restraining factor for
the growth of anti-corrosion paints market. The opportunity towards the huge
market growth is anticipated by developing bio-based anticorrosion paint which
poses lesser health and environmental hazards.
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Influencing Factors on Powder-Based Anti-Corrosion Paint
Powder coatings are broadly used in various fields, such as automobiles,
architecture, pipelines, domestic appliances, IT and telecoms. Architecture and
construction segment is the fastest growing market for powder coating due to
durability provided by powder coating. With the availability of variety of colors
and finishes in powder coatings, a wide range of construction companies are
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