Pipe Coatings Market Size, Share & Trends | Industry Growth

 

 

Pipe coatings are protective coatings placed on the interiors and exteriors of pipelines, to be able to prevent corrosion. The pipe coatings market is divided into two segments namely, external and internal coatings. The external corrosion usually occurs in the shape of oxide formation due to exposure to air and water, while internal corrosion is the result of chemically active materials present in the pipeline stream reacting with the pipe material.

Some major players in the Pipe Coatings Market are The Dow Chemical Company, Covestro AG, Celanese Corporation, Bayou Companies, Wasco Energy Band of Companies, Bredero Shaw, and E.I. Du Pont Nemours and Co.

The oil & gas industry and chemical processing industry are the biggest end-user segments of the Pipe Coatings Market.The price effectiveness of pipelines has resulted in the development of both, upstream and downstream industries. Pipelines found in oil & gas industry are generally, onshore and offshore. Furthermore, they transport crude oil, natural gas, refined product lines, water and CO2 (injection) to various countries. Instability of the oil prices and concerns regarding the consequence on marine and land ecosystems remain major restraints to growth of the market. Moreover, the pipe coatings market in water transportation pipelines is also the important thing end-use industry in the pipe coatings market. The pipe coatings are largely applied in sewage and potable water pipelines.