Market Overview

Corrosion protective coatings is a special type of Polyurethane coating available for many industrial products. As with other similar products, it is primarily used in the aerospace industry where extreme temperatures are a part of everyday operations. It is a thin layer on a metal part, designed to be applied at very high temperatures (or even sprayed at high temperatures) and then allowed to cool and harden, creating a strong barrier that prevents further corrosion. Common applications of this protective coating include bulletproof vests, water tanks, generator mufflers, and many more.

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Market Dynamics

Rapid growth in the non-oil industry and increasing production of steel in the region is driving growth of the MENA Corrosion Protective Coatings & Acid Proof Lining market. According to Worldsteel data, Middle East crude steel production increased by 11.80% in 2017, with a total output of 32.45 million tonnes, compared with 29.03 million tonnes in 2016. The countries in the total include the United Arab Emirates (UAE), Iran, Saudi Arabia and Qatar.

On the other hand, lack of manufacturing facility for corrosion protective coatings and high dependency on import is expected to hamper growth of the market.

Detailed Segmentation:

MENA Corrosion Protective Coatings & Acid Proof Lining Market, By Product Type:

Polymer Coatings

Rubber Lining Systems

Acid Proof Lining

MENA Corrosion Protective Coatings & Acid Proof Lining Market, By End-Use

Marine

Transportation

Chemicals

Water Treatment

Mining

Oil & Gas

Power Generation

Others

Key companies covered as a part of this study include Hajjan Trading & Industrial Services Company Ltd. (HATCON), KCC Corrosion Control Co. Ltd., Al-sabaiea National Gen. Cont. & Gen. Trd. Co., Rezayat Protective Coating Company Ltd., Bahrain Rubber Company W.L.L., Anticorrosion Protective Systems L.L.C., Al Gurg Paints LLC., DicoTech Limited, REMA TIP TOP AG (TIP TOP Oberflächenschutz Elbe GmbH), General Industries Co. Ltd, and FABA Commercial Services W.L.L.

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