Pipe Coating Materials Market Size to Worth $15.3 Billion by 2032 | CAGR: 4.3%: AMR [Yahoo! Finance]
PPG Industries, Inc. (PPG)
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Source: Yahoo! Finance
With growing awareness about the importance of corrosion protection for pipeline longevity, the demand for advanced coating materials is increasing. Wilmington, Delaware , April 26, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, Pipe Coating Materials Market by Coating Material (Polyethylene (PE) Coatings, Polypropylene (PP) Coatings, Fusion-Bonded Epoxy (FBE) Coatings, Polyurethane (PU) Coatings, and Others), and End-Use (Oil and Gas Pipelines, Water and Waste Water , Chemical Processing, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the "pipe coating materials market" was valued at $10.1 billion in 2023, and is estimated to reach $15.3 billion by 2033, growing at a CAGR of 4.3% from 2024 to 2033. Prime determinants of growth The global pipe coating materials market is experiencing growth due to several factors such as rise in demand for corrosion protection in the oil and gas, and wastewater i
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