The global Anti-Corrosion Coatings for Thermal Power market was valued at 864.7 Million USD in 2021 and will grow with a CAGR of 1.87% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Anticorrosive coating refers to a kind of liquid or solid material coated on the surface of an object that can form a film under certain conditions to protect, decorate or have other special functions (insulation, rust prevention, mildew prevention, heat resistance, etc.).Among many applications, coal-fired power generation has the largest market share. In 2019, consumption of coal-fired power generation reached 84 percent. The industry producers are mainly PPG, Akzo Nobel, Haihong Senior, Jotun paint, Kansai paint, Xuanwei and so on. Akzonobel is the world`s largest producer, with an annual output of nearly 20,000 tons in 2019, accounting for 12% of global output. There are three main types of anti-corrosion coatings in the thermal power industry: solvent-based, water-based and powder coatings, among which solvent-based is the most important product type. In 2019, the output of this type will exceed 100,000 tons, accounting for 66% of the global total. Next is water-based coating, this kind of coating is a kind of environmental protection coating, as the enhancement of environmental protection consciousness, its growth rate will exceed solvent-based coating in the future. As the main market of thermal power is China, the major consumer of anti-corrosion coatings in thermal power industry is China (mainland), whose consumption reaches 134,000 tons in 2019, accounting for 86% of the total global consumption. Followed by the US, with less than 5 per cent of consumption.

By Market Verdors:

PPG

AkzoNobel.Co

Hempel A/S

Jotun

Kansai Paint Co.,Ltd.

Nippon Paint Holdings Co.Ltd

RPM International

Sherwin-Williams Company

Taicang Kailin Paint Co.Ltd

Jiangsu Lanling Chemical Co

YUNG CHI PAINT & VARNISH MFG. CO.,LTD

Wuhan twin tigers Coating Co., Ltd.

Anhui Linghu lacquer Co. LTD

By Types:

Solvent Base

Water-Based

Powder

By Applications:

Coal-fired Power Generation

Gas Power Generation

Fuel Power Generation

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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