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Markets & companies, Coatings market

Pipe coating market to grow by 2013

Thursday, 5 May 2011

Applied Market Information predicts the global pipe coating market will expand to EUR 6.5 billion by 2013.

The highest demand for pipe coatings is in Asia with 23 % market share, followed by Europe at 19 %, then NAFTA and the CIS states at 17 % each. Source: Heiner Witthake - Fotolia.com
The highest demand for pipe coatings is in Asia with 23 % market share, followed by Europe at 19 %, then NAFTA and the CIS states at 17 % each. Sou...

The pipeline industry is continuing to grow worldwide to provide increased security of energy and water supply, and with hostile environmental conditions in many locations, the pipeline protection market is expanding to meet the requirements. Noru Tsalic, Consultant at Applied Market Information, has valued the pipe coating market at around EUR 5 billion in 2009 and predicts expansion to EUR 6.5 billion by 2013. The highest demand for coatings is in Asia with 23 % market share, followed by Europe at 19 %, then NAFTA and the CIS states at 17 % each. There are a variety of different types of coatings providing different functions: concrete is the highest value sector at 42 %, external anticorrosion at 38 %, internal coatings at 11 % and thermal insulation at 9 %. Gas and oil use most of the coated pipeline, with a small fraction in water distribution.

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