Definition of Market/Industry:

Corrosion protective coatings (CPC) is used to prevent the corrosion of metal caused by various environmental factors. This coating avoids the exposure to moisture or other foreign particles present in the atmosphere. The coating or layer acts as a barrier between the materials and the foreign particle. The acid proof layer is used to offer robustness and mechanical integrity to the instrument and metals components that are used across various manufacturing industries. It protects the walls, process vessels, and equipment used in numerous industrial operations.

Statistics:

The Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) market is accounts for US$ 809,034.7 (‘000) in 2019 and is expected to reach US$ 1,148,417.2  (‘000) by 2027, in terms of value. The market is estimated to grow with a CAGR of 4.5%.

Drivers:

The booming metal and mining industry in Australia is a prime factor propelling the market growth of corrosion protective coatings (CPC) & acid proof lining (APL). The government is investing heavily in order to promote the research and development activity in the mining industry is another major factor fueling market growth. For instance, in November 2019, India's move to allow 100 percent foreign direct investment in coal mining is a "positive move" and a good policy enabler towards the country's long-term ambition of producing 300 million tonnes of steel per annum. This is projected to fuel the market growth of corrosion protective coatings and acid proof layer market over the forecast period.

Growth of the economy in Australia has raised the demand for protective coatings which has broad usage in industrial sectors. For instance, the Australian economy has recorded an annual growth rate of 3.1% between 2015 and 2016. The gross domestic product (GDP) of Australia is projected to exhibit a growing trend over the forecast period expected to show a promising growth of the market. Moreover, a growing number of industries such as manufacturing, mining, construction, utilities, etc. in the region as these industries are a major consumer of protective coating & acid proof lining is further projected to propel the market growth over the forecast period.

Market Restraints

Strict rules and regulations in Australia regarding the hazardous factors associated with corrosion protective coatings and acid proof lining that have a negative impact on the market are expected to hamper the market growth of Australia corrosion protective coatings and acid proof lining. For instance, the Australian Paints Approval Scheme (APAS) has set stringent regulations to restrict VOC emissions from paints & coatings since 1996. Protective coatings are mainly solvent-based technology, which in turn leads to the release of toxic volatile content owing to the use of solvent. Therefore, increasing usage of solvent-based corrosion protective coatings is projected to hinder the market growth.

Rising energy cost and fluctuating price of raw material due to volatility in oil and gas prices are projected to hamper the market growth of the protective coating. Also, the rising price of energy is further estimated to obstruct the market growth of acid proof lining market in Australia over the forecast period.

Market Opportunities

Expanding architectural industry in Australia is projected to offer immense growth opportunities over the forecast period. The Australian coating and paint market is dominated by architectural and decorative paints, which accounts for nearly 60% of all products. The consumer and legislation-driven push for more environmentally-friendly coating products means that of these architectural paints some 90% are water-based. Most of these coatings are also Australian produced, and Australian companies such as Dulux are still strongly represented. The top coating manufacturers Australia are PPG Industries, Valspar, AkzoNobel, and Dulux Group.

Growing demand for industrial coating is projected to augment the market growth of corrosion protective coatings and acid proof layer. In 2016, $0.85 billion of industrial coatings were sold to customer industries such as automotive refinish coatings, industrial maintenance coatings, traffic marking paints and marine paints in the region. Therefore, this factor is expected to offer immense growth opportunities to the market over the forecast period.

Australia Corrosion Protective Coatings & Acid Proof Lining  | Coherent Market Insights

Market Trends/Key Takeaways

Rising consolidation in the Australia market due to the increasing number of mergers and acquisitions in the region is a major trend that has been observed in the market. For instance, in October 2017, Dutch paintmaker AkzoNobel confirmed that it was in talks to combine with US rival Axalta Coating Systems, in a deal that would bring together two top producers of industrial coatings and create an obstacle to any renewed takeover attempt from PPG Industries.

Increasing demand for protective coatings from the construction industry is projected to propel the market growth over the forecast period. For instance, in January 2019, AkzoNobel has expanded its International range with additional coatings and mortars for the repair and remediation of concrete. Following AkzoNobel’s acquisition of Flexcrete Technologies Ltd in June 2017, the full range of advanced cementitious coatings is being made available as part of the Intercrete series. 

Value Chain Analysis

Australia Corrosion Protective Coatings & Acid Proof Lining  | Coherent Market Insights

Competitive Section:

Company Names 

    • Manufacturers
      • 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
      • Corrocoat Engineering Pty Ltd
  • Service & Solution Providers
    • WEARX Pty Ltd
    • Koch Knight LLC
    • Leading Edge Conveyor Services Pty Ltd
    • Port Hunter Conveyors Pty Ltd
    • Imatech Pty Ltd
    • United Surface Technologies
    • Intertek Group Plc
  • Installers/Suppliers/Contactors/Testing
    • Beroa Australia Pty Limited
    • Duratec Pty Ltd
    • Australian Lining Company
    • Dotmar Engineering Plastic Products
    • United Pipeline Systems
    • Superior Hi-Tech Coatings 
    • Rubbertex Pty Ltd. 
    • Industrial Rubber Sales Pty Ltd
  • Few Recent Developments

Covestro Pty Ltd

In July 2016, Covestro AG set up a new HDI production plant for coatings raw materials in Shanghai, China. The new plant has a production capacity of 50,000 tonnes of HDI per year.

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 alkalies, acids and water vapor amongst others.  This also helps in imparting resistance against the abrasion, thermal shock, mechanical stress and others. The corrosion protective coatings help in protecting the structures from degradation, which is caused by exposure in 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 the waterborne technologies, which is fuelling the demand for acid proof linings and the corrosion protective coatings over the forecast period. The major players within the industry are also focused towards introduction of the sustainable solutions which help in reducing the adverse environmental footprint. This is leading to an increase in 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 of 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 Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) market  and provides market size (US$ Thousand & Million Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval and competitive strategy adopted by key players
  • It profiles key players in the Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) 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, Corrocoat Engineering Pty Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) market  report caters to various stakeholders in this industry including investors, suppliers, Anti-counterfeit pharmaceutical packaging manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) market

Detailed Segmentation:

Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) 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.

 

  • Company Profiles (Manufacturers)
    • WEARX Pty Ltd
    • Koch Knight LLC
    • Leading Edge Conveyor Services Pty Ltd
    • Port Hunter Conveyors Pty Ltd
    • Imatech Pty Ltd
    • United Surface Technologies
    • Intertek Group Plc

 

  • Company Profiles (Installers/Suppliers/Contractors/Testing)
    • Beroa Australia Pty Limited
    • Duratec Pty Ltd
    • Australian Lining Company
    • Dotmar Engineering Plastic Products
    • United Pipeline Systems
    • Superior Hi-Tech Coatings
    • Rubbertex Pty Ltd.
    • Industrial Rubber Sales Pty Ltd

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By End Use
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) Market, By Product Type, 2017- 2027 (USD Thousand & Mn Tonnes)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Corrosion Protective Coatings (CPC)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • 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)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • Ceramic & Carbon Brick Lining
      • Tile Lining
      • Thermoplastic Lining
  5. Australia Corrosion Protective Coatings (CPC) & Acid Proof Lining (APL) Market, By End Use, 2017- 2027 (USD Thousand & Mn Tonnes)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Marine
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • Ballast Tanks
      • Sea Water intake Pipe Lines
    • Oil & Gas
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
    • Power Generation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
    • Transportation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • Road Tanker
      • Rail Tanker
      • ISO Tanker
    • Chemicals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • Phosphoric Acid Processing
      • Sulfuric Acid Man Processing
      • Hydrochloric Acid Processing
      • Chlorine Processing
      • Caustic Soda  Processing
    • Mining & Metallurgy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • 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
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
      • Desalination
      • Sewage Treatment
      • Process & waste water
    • Others (Automotive, Construction)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2027, (USD Thousand & Mn Tonnes)
  6. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles (Manufacturers)
      • Metz Specialty Materials Pty Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Flight Extruded Plastics  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Denso (Australia) Pty Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Weir Minerals Australia Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Stebbins Australia Pty Ltd  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kaefer Novacoat Pty Ltd  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Era Polymers   
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Steuler KCH Australia Pvt Ltd   
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Townscend   
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Rubbertec Australia Pvt Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Covestro Pty Ltd  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • REMA TIP TOP Industrial Australia PTY Ltd  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Jotun Australia Pty Ltd 
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • AkzoNobel   
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Corrocoat Engineering Pty Ltd 
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Company Profiles (Service & Solution Providers)
        • WEARX Pty Ltd
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Koch Knight LLC   
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Leading Edge Conveyor Services Pty Ltd
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Port Hunter Conveyors Pty Ltd  
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Imatech Pty Ltd   
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • United Surface Technologies   
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Intertek Group Plc   
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
    • Company Profiles (Installers/Suppliers/Contractors/Testing)
        • Installers/Suppliers/Contractors/Testing
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Duratec Pty Ltd    
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Australian Lining Company
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Dotmar Engineering Plastic Products
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • United Pipeline Systems    
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Superior Hi-Tech Coatings  
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Rubbertex Pty Ltd     
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
        • Industrial Rubber Sales Pty Ltd     
          • Company Overview
          • Product Portfolio
          • Financial Performance
          • Recent Developments/Updates
          • Future Plans
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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