Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7215.2 Million | USD 9396.06 Million | 4.5% | 2021 |
FrequentlyAsked Questions
One of the major factors driving the growth of the pipe coating market in the forecast period is the rising demand for sewage treatment around the world. In addition, people become more interested in pipe coating because of various benefits such as improved flow, reduced abrasion, and increased wear resistance, which will drive the market in the coming years.
According to the Market Research report, the global private hospital market was worth about 7215.2 (USD million) in 2021 and is predicted to grow to around 9396.06 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 4.5 percent.
Over the forecast period, North America is expected to be the leading region in the global pipe coatings industry. Pipe coatings are being used more frequently by various end-use businesses in countries in this region, such as the United States, Canada, and Mexico. The local pipe coatings industry is being driven by the increased demand for pipelines in end-use industries such as oil and gas, water and wastewater treatment, chemical processing, and others.
Some of the main competitors dominating the Pipe Coating Market include - PPG Industries (US), Akzo Nobel N. V. (Netherlands), The Sherwin-Williams Company (US), ShawCor (Canada), and Axalta Coating Systems Ltd. (US).
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed