PUBLISHER: Market Research Future | PRODUCT CODE: 1755325
PUBLISHER: Market Research Future | PRODUCT CODE: 1755325
Report Information on Middle East and Asia Pacific Concrete Coating for Pipe Application Market by End-Use Industry (Oil & Gas, Water and Wastewater Management, Agriculture, Construction and Infrastructure, Others), by Type (Polyurethane Coatings, Epoxy Coating, Acrylic Coatings, Others), by Region (Middle East, Asia-Pacific) Market Forecast Till 2032
The Middle East and Asia Pacific concrete coating for pipe applications market is anticipated to develop at a compound annual growth rate (CAGR) of 6.9%. The increasing requirement for water and wastewater management as well as the activity of the oil and gas sector are driving the Middle East and Asia Pacific concrete coating for pipe applications market. One of the key variables limiting the regional market is the high initial cost, particularly when it comes to the supplies and installation process.
The regional market is concentrating on replacing and upgrading outdated pipes. This could offer a valuable perspective and be essential in safeguarding and improving pipeline longevity.
The COVID-19 pandemic, which is characterized by supply chain disruptions that resulted in manufacturing delays and material shortages, made the Middle East and Asia Pacific concrete coating for pipe application market extremely complex. The worldwide shutdown also led to the temporary closure of plants and a reduction in production capacity.
The segmentation of the Middle East and Asia Pacific concrete coating for the pipe application market is divided by type, polyurethane coatings, epoxy coating, acrylic coatings, and others.
The market has been segmented by end-use industry, including agriculture, water and wastewater, oil and gas, construction and infrastructure, and others.
The regional market is segmented by regions, such as Asia-Pacific and the Middle East.
Country Insights
Depending on the country the Middle East and Asia Pacific concrete coating for pipe application market has been segmented into China, Malaysia, Indonesia, Vietnam, Thailand, Japan, India, and the rest of Asia Pacific. In 2023, the Asia Pacific concrete coating market for pipeline applications was valued at USD 854.5 million. By 2032, it is forecasted to grow to USD 1,683.3 million, driven by a steady CAGR of 7.7% throughout 2024 to 2032.
Key companies in the Middle East and Asia Pacific Concrete coating for Pipe application market are Don Construction Products Ltd., Ratnamani Metals & Tubes Limited, Man Industries Limited, Arabian Pipe Coating Company, Corinth Pipeworks S.A., Bayou Companies, Al-Qahtani Pipe Coating Industries, PSL Limited, Jotun A/S, Tenaris.
MIDDLE EAST CONCRETE COATING FOR PIPE APPLICATION MARKET