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Steel pipe coatings are widely used in the oil & gas and chemical processing industries. They also play a key role in water transportation and wastewater treatment. In wastewater treatment, steel pipe coatings help in retarding the growth of harmful bacteria. Steel pipe coatings also find applications in automotive, construction, food processing and mining industries. They are made from several materials such as epoxy resins, cement-mortar, polyurethane and bituminous asphalt.
Steel Pipe Coatings Market: Dynamics
Growth in industrialization and increase in the number of vehicles have boosted the oil & gas industry, which in turn is driving the steel pipe coatings industry. The increasing demand for chemicals from various sectors is escalating the growth of the chemical industry, which in turn has led to an increase in the demand for steel pipe coatings. Changing food preferences and increasing disposable income fuel the food industry, which further drives the demand for steel pipe coatings.
Rapidly accelerating industrialization has led to the growth of the mining industry, which in turn has led to the growth of the steel pipe coatings industry. The growing population has increased the demand for pure water & also the demand for water is also increasing for industrial, agricultural and various other purposes. Also the increasing need for unpolluted water has boosted the waste water treatment industry. The increasing need of efficient water transportation has led to the growth of steel pipe coatings market. Increasing urbanization in developing countries and implementation of new government project has boosted the building & construction industry, owing to which there is increase in the demand for Steel pipe coatings for plumbing application. Rising regulations on bituminous asphalt and increase in the use plastic pipes might decline the steel pipe coatings market.
Steel Pipe Coatings Market: Segmentation
The global steel pipe coatings market can be segmented on the basis of material type, end use industry and application.
The global steel pipe coatings market has been segmented on the basis of material type as,
- Fusion bond epoxy
- Bituminous asphalt
The global steel pipe coatings market has been segmented on the basis of end use industry as,
- Oil & Gas
- Food & Beverages
- Building & Construction
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Steel Pipe Coatings Market: Regional Outlook
Along with the chemical industry, the building and construction industry has been flourishing in regions such as Asia Pacific. Moreover, the mining industry in Asia Pacific is also witnessing incremental growth. The presence of such significant industries with strong growth potential marks Asia Pacific as a prominent market for steel pipe coatings. Despite being matured markets, North America and Western Europe are still pegged to be potential markets for steel pipe coatings, owing to the significant presence of the chemical industry. Latin America can be considered as a strong market for steel pipe coatings due to the growth of industrialization and construction. The strong presence of the oil & gas industry in the Middle East and the significant presence of the mining industry in Africa make the Middle East & Africa region a promising market for steel pipe coatings.
Steel Pipe Coatings Market: Market Participants
Examples of some of the key participants operating in the global steel pipe coatings market include,
- Kelly Pipe Co. LLC
- Dura-Bond Industries
- Southland Pipe
- Sub-One Systems
- S. Pipe
- LaBarge Coating
- MULHEIM Pipe Coatings
- LB Foster
- The Bayou Companies
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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