Linings are insulating and protective layers applied inside a tank, pipeline and/or furnace.
Market Analysis and Insights: Global Linings Market
Due to the COVID-19 pandemic, the global Linings market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Polymer Lining accounting for % of the Linings global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Marine segment is altered to an % CAGR throughout this forecast period.
On the basis of chemistry, the solventborne segment accounted for 55% of volume share in 2017 whereas waterborne and powder based linings accounted for the remaining share. Growing demand for waterborne linings due to growing environmental regulations and consumer awareness will drive the linings market globally. As a result, a shift from solventborne linings to waterborne linings will be witnessed during the forecast period.
Global Linings Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Linings Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polymer Lining
Rubber Lining
Tile Lining
Ceramic & Carbon Brick Lining
Others
Segment by Application
Marine
Automotive
Oil & Gas
Construction
Power Generation
Chemical Industry
Others
By Company
The Jotun Group
Sherwin-Williams
Solvay
PPG Industries
Hempel A/S
Akzo Nobel
Polycorp
Teknos Group
GBT-Bucolit
STEULER-KCH GmbH
Ultimate Linings
Sauereisen
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina