The acid proof linings are being used for providing mechanical integrity and robustness to the industrial components. It helps in the protection of process vessels and equipment which are used in industrial operations from corrosion, which might be caused due to alkalizes, acids, and water vapor amongst others. This also helps in imparting resistance against abrasion, thermal shock, mechanical stress, and others. The corrosion protective coatings help in protecting the structures from degradation, which is caused by exposure to extreme corrosive environments.
Market Dynamics
The Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) market is expected to experience significant growth over the forecast period, owing to the steady economic growth of Australia along with the growth of the mining industry within the region. There is also a shift in the trend to use waterborne technologies, which is fuelling the demand for acid proof linings and corrosion protective coatings over the forecast period. The major players within the industry are also focused on the introduction of sustainable solutions which help in reducing the adverse environmental footprint. This is leading to an increase in the use of thermoplastic linings and waterborne corrosion protective coatings.
There has been a significant reduction in the use of anti-corrosion coatings which are formulated using solvent-based technologies owing to the enforcement of stringent regulations by several organizations such as Australian paints approval scheme. This is expected to reduce the demand for solvent-based coatings within the market. Furthermore, the growth of the market is expected to be hampered due to the fluctuation in the prices of raw materials, owing to volatility in the oil and gas market.
Key features of the study:
- This report provides in-depth analysis of Australia Corrosion Protective Coatings and Acid Proof Lining Market and provides market size (US$ - 1,434.7 Mn) and compound annual growth rate (CAGR 5.01%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the Australia Corrosion Protective Coatings and Acid Proof Lining Market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Metz Specialty Materials Pty Ltd, Flight Extruded Plastics., Denso (Australia) Pty Ltd, Weir Minerals Australia Ltd, Stebbins Australia Pty Ltd, Kaefer Novacoat Pty Ltd, Era Polymers, Steuler KCH Australia Pvt Ltd, Townscend, Rubbertec Australia Pvt Ltd, Covestro Pty Ltd, REMA TIP TOP Industrial Australia PTY Ltd, Jotun Australia Pty Ltd, AkzoNobel, and Corrocoat Engineering Pty Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- Australia Corrosion Protective Coatings and Acid Proof Lining Market report caters to various stakeholders in this industry including investors, suppliers, Corrosion Protective Coatings and Acid Proof Lining manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Australia Corrosion Protective Coatings and Acid Proof Lining Market
Detailed Segmentation:
- Australia Corrosion Protective Coatings and Acid Proof Lining Market , By Product Type:
- Corrosion Protective Coatings (CPC)
- Polymer Coatings
- Epoxy
- Polyurethane
- Alkyd
- Acrylic
- Fluoropolymer
- Vinyl Ester & Flake Filled Vinyl Ester
- Rubber Lining System
- Hard Rubber Lining
- Soft Rubber Lining
- Acid Proof Lining (APL)
- Ceramic & Carbon Brick Lining
- Tile Lining
- Thermoplastic Lining
- Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) market, By End Use:
- Marine
- Ballast Tanks
- Sea Water intake Pipe Lines
- Oil & Gas
- Power Generation
- Transportation
- Road Tanker
- Rail Tanker
- ISO Tanker
- Chemicals
- Phosphoric Acid Processing
- Sulfuric Acid Man Processing
- Hydrochloric Acid Processing
- Chlorine Processing
- Caustic Soda Processing
- Mining & Metallurgy
- Phosphate Mining & Processing
- Aluminium Mining & Processing
- Copper Mining & Processing
- Nickel Mining & Processing
- Gold Mining & Processing
- Steel Pickling & Processing
- Lead and Zinc Mining & Processing
- Coal Mining & Processing
- Uranium Mining & Processing
- Water Treatment
- Desalination
- Sewage Treatment
- Process & waste water
- Others (Automotive, Construction)
- Company Profiles (Manufacturers)
- Metz Specialty Materials Pty Ltd*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Flight Extruded Plastics.
- Denso (Australia) Pty Ltd
- Weir Minerals Australia Ltd
- Stebbins Australia Pty Ltd
- Kaefer Novacoat Pty Ltd
- Era Polymers
- Steuler KCH Australia Pvt Ltd
- Townscend
- Rubbertec Australia Pvt Ltd
- Covestro Pty Ltd
- REMA TIP TOP Industrial Australia PTY Ltd
- Jotun Australia Pty Ltd
- AkzoNobel
- Corrocoat Engineering Pty Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
