Anti-Corrosion Coating Market
coating market . Growth in the economic losses due to corrosion occurs in structures driving the global market . However , exponential growth in the automotive industries will also propel the global market for anti-corrosion coating in future . Furthermore , higher investment on the R & D activities for anti-corrosion coatings may affect the global anti-corrosion coating market in a positive way . Conversely , many products are involved in the production of the anti-corrosion coatings and strict government regulations set to prevent environment are the major restraints the global anti-corrosion coating market growth .
Global Anti-Corrosion Coating Market : Segmentation
The global anti-corrosion coating market is divided based on applications as automotive & transportation , oil & gas , power generation , marine , building and construction , infrastructure , industrial , and others . Of these , building and construction are the largest application segment and is expected to dominate the market in the coming years . On the basis of types , the global market is bifurcated as acrylic , chlorinated rubber , epoxy , polyurethane , zinc , and alkyd . Furthermore , based on technology , the global anti-corrosion coating market is bifurcated as powder coating , solvent-borne , water-borne , and others .
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Global Anti-Corrosion Coating Market : Regional Analysis
Asia Pacific held the largest market share owing to higher demand for anti-corrosion coating from building and construction sector . India and China are emerging as developing economies due to an availability of a large number of producers and consumers for anti-corrosion coatings .