Reports and Data estimates the global Galvanising competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Galvanising during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include AkzoNobel, PPG Industries, Inc., Sherwin-Williams Company, JOTUN A/S, Hempel A/S, Nippon Paint Holdings Co., Ltd.¸ Sika AG, Kansai Paint Co., Ltd., RPM International Inc., and Axalta Coating Systems, Ltd.

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Galvanising Overview :-

The global galvanising market size was USD 12.70 billion in 2020 and is expected to register a revenue CAGR of 5.5% during the forecast period. Wide usage of galvanising across various end-use industries such as building & construction, automotive, mining, oil & gas, aerospace, transportation, and pipeline is expected to drive market revenue growth during the forecast period. Ability of galvanising to preserve durability and enhance performance of products is resulting in growing usage across various end-use industries. Growth in the construction industry in developing countries owing to rapid urbanization and increase in population is boosting demand for galvanising.

Coatings are commonly used to protect outdoor sculptures and architectural elements to acts as a barrier and prevent corrosion. Higher costs associated with repairing damage or replacement of components due to corrosion are resulting in increasing application of galvanising. Coatings have both physical and chemical characteristics that provide superior weatherability and act as better barriers to water absorption compared to ordinary coatings. The shipping industry is widely utilizing galvanising as it is recognized as a very efficient way to protect steel from corrosion. International Maritime Organization (IMO) set out and mandated the coating standards, which is known as the IMO’s Performance Standards for Galvanising (IMO PSPC) for all ballast tanks and crude oil tanks of ships. Moreover, increasing initiatives in the shipping industry regarding wider adoption of better coating systems with reduced maintenance is expected to promote better coating practices and technologies in shipyards. Consequently, these factors are expected to boost revenue growth of the market during the forecast period.

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For the purpose of this report Reports and Data has segmented global Galvanising market on the basis of type, application, and region:

By Product Outlook       

• Epoxy
• Acrylic
• Polyurethane
• Polyester
• Alkyd
• Others

By Formulation Outlook              

• Water-Borne
• Solvent-Borne
• Powder-Based
• Others

By Application Outlook

• Construction
• Oil & Gas
• Aerospace
• Industrial
• Automotive
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

• What is the expected year-on-year growth of the Galvanising during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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