Comprehensive Overview of the Potable Water Tank Coating Market: Unveiling Market Insights
In its recent publication, MMR has released an extensive report on the ”Potable Water Tank Coating Market”, blending primary and secondary data analyses. Industry experts have meticulously scrutinized the Potable Water Tank Coating market from both local and global perspectives, providing a thorough examination of market size, share, and segment-specific insights. This report serves as an invaluable guide for potential investors.
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Scope and Research Methodology of the Potable Water Tank Coating Market Report:
This report offers an in-depth analysis of the Potable Water Tank Coating market at the global, regional, and country levels. It presents a comprehensive overview of the competitive landscape, detailing the business strategies adopted by key industry players. The report includes a list of key competitors, providing insights into their revenue, production capacity, sales, and global presence. Employing SWOT analysis, the strengths and weaknesses of key players are outlined. Furthermore, the report covers market dynamics, encompassing drivers, restraints, opportunities, and challenges.
Methodology:
Utilizing a bottom-up approach, the report estimates both global and regional Potable Water Tank Coating market sizes. Primary and secondary research methods were employed to gather data on market size, market share, regional insights, market dynamics, and historical industry data. A detailed value chain analysis is presented, elucidating the manufacturing process of Potable Water Tank Coating including information on raw materials, customers, and distributors. Additional analyses such as PORTER, PESTLE, and market attractiveness aid in understanding the Potable Water Tank Coating market at macro and micro levels.
Potable Water Tank Coating Industry Analysis and Progression:
Potable Water Tank Coating Market size was valued at USD 38.2 Bn. in 2022 and the Potable Water Tank Coating total revenue is expected to grow by 5.9 % from 2023 to 2029, reaching nearly USD 57.06Bn.
Potable Water Tank Coating Market Classifications
Based on Coating Type, Phenolic Epoxy Paint dominated the Potable Water Tank Coating Market in the year 2022 and is expected to continue it’s dominance during the forecast period 2023-2029. Epoxy Phenolic coating is a polyamine-cured paint that has excellent resistance against solvents, chemicals, acids, and bases. It can be used as a protective coating for steel structures where chemical resistance and heat resistance up to 180 C is required. These coatings are specially formulated for steel and concrete potable water tank protection. They have no solvent and toxic volatile compounds.
by Coating Type
1. Phenolic Epoxy Paint
2. Pure epoxy paint
3. Solvent epoxy paint
4. Other
Based on the Application, Water storage tank is dominated the Potable Water Tank Coating Market in the year 2022 and is expected to continue it’s dominance during the forecast period 2023-2029. tank coatings are widely used to protect the internal and external surfaces of tanks including different materials like potable water, acidic or alkaline chemical liquids, oil, etc. Thus, the Water Storage Tank is expected to exhibit the highest growth rate during the forecast period.
by Application
1. Ship
2. Water Storage Tank
3. Others
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Potable Water Tank Coating Market Regional Analysis
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Potable Water Tank Coating market in these countries, which covering North America - U.S., Canada, Mexico, Europe - UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific - China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America - Brazil, and Middle East and Africa.
The following companies are included in the market for Potable Water Tank Coating :
1. AkzoNobel
2. Jotun
3. Hempel
4. PPG Industries
5. Chugoku Marine Paints
6. BASF
7. Nippon Paint
8. KCC
9. Sherwin-Williams
10. RPM International
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