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Acid Proof Lining Anti Corrosive Coating Market : Global Demand Analysis & Opportunity Outlook 2021

Published On : 09:40 AM, 14th September, 2017 REP-ID-167 Category: Chemicals and Materials

Global Acid Proof Lining Market Overview

Acid proof linings are used in chemical based industries to protect the equipment and infrastructure of the industry from the harmful exposure of acid. Acid proof lining have high acid resistance along with the property to enhance the mechanical strength of the equipment. These properties of acid proof lining are beneficial for the industries working with concentrated chemicals.

Market size and forecast

The global acid proof lining market is expected to register a CAGR of 2.25% over the forecast period i.e. 2016-2023. Europe accounted for the largest market share in 2015 in acid proof lining market globally. Rapid growth in mining and chemical industry is expected to augment the demand for acid proof lining in the region.

                             Acid Proof Lining Anti Corrosive Coating Market Demand & Revenue

Asia-Pacific is expected to be the second largest revenue contributor across the globe in the acid proof lining market. Rising power generation sectors and water treatment plants across the region are some of the major factors which is expected to bolster the market of acid proof lining market during the forecast period i.e. 2015-2023. Further, rising concern towards harmful effects of acid and concentrated chemicals and protection of equipment from deterioration are some of the vital driving factors for the growth of acid proof lining market. The acid proof lining also protects the equipment from eminent temperatures and mechanical abuse. These are generally used to protect concrete, steel structures, plastic piping and fiber glass from strong and concentrated acids due to presence of high durability. However, the high cost of acid proof lining is expected to incline the consumers towards low cost alternatives available in the market such as rubber linings.

Market Segmentation

The Global Acid Proof Lining Market is segmented on the basis of as follows:

Demand Analysis By Material Type

  • Ceramic Brick Lining
  • Carbon Brick Lining
  • Tile Lining
  • Thermoplastics Lining
  • Fluoropolymer Lining

Demand Analyis By End-User

  • Chemicals
  • Pharmaceuticals
  • Petrochemicals
  • Metallurgy
  • Steel Processing
  • Water Treatment & Processing

Demand Analysis By Region

Global Acid Proof Lining Market is further classified on the basis of region as follows:

  • North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis
  • Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis
  • Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis
  • Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis
  • Rest of World  Market Size and Y-O-Y Growth Analysis

Growth Drivers and challenges

Availability of low cost acid proof linings such as ceramic brick lining, rapid growth in chemical and metallurgy industry and growing application opportunity for prevention of equipment and other assemblies is likely to foster the demand for acid proof linings in chemical industries.

Further, the market of acid proof lining is expected to flourish in near future by several factors such as rapid growth in mining industry and increasing economic growth across the globe. In order to increase the life of mechanical and chemical equipment, assemblies as well as buildings by preventing them from concentrated acids, acid proof linings are growing across the globe. The acid proof lining market is expected to showcase significant growth over the forecast period i.e. 2015-2023 due to wide-scale applications of acid proof linings in industrial processes. 

However, the high cost of covering industrial surfaces owing to high cost of acid proof linings such as carbon brick lining is expected to curb the growth of acid proof lining market across the globe.

Availability of low cost alternatives lining solutions such as rubber lining systems are likely to hinder the growth of acid proof lining market in near future.

Key Players

The key players of acid proof lining market are as follows:

  • Ashland Inc.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Polycorp Limited
  • STEULER-KCH GmbH
  • The STEBBINS Engineering and Manufacturing Company
  • The Sherwin-Williams Company
  • BASF

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global acid proof lining Market is segmented as follows:

  • By Material Type Market Size and Y-O-Y Growth Analysis
  • By End-user Market Size and Y-O-Y Growth Analysis

By Regions

  • North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis
  • Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis
  • Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis
  • Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis
  • Rest of World  Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

                 Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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