Press release
Offshore Oil & Gas Paints and Coatings Market to See Incredible Growth During 2021-2030
According to the report published by Allied Market Research, the Offshore Oil & Gas Paints and Coatings Market by Resin (Epoxy, Polyurethane, Alkyd, Acrylic, Inorganic Zinc, Others), by Installation (Jackups, Floaters, Drillships, Semisubmersibles, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030. The global offshore oil & gas paints and coatings market generated $537.6 million in 2020, and is expected to reach $764.9 million by 2030, witnessing a CAGR of 3.7% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Increase in urbanization & economic development, usage as cost-effective alternatives, and advantages of paints and coatings in drilling equipment drive the growth of the global offshore oil & gas paints and coatings market. However, raw material costs and environmental concerns restrain the market growth. On the other hand, effectiveness in marine & offshore platform applications and minimization of corrosion and fouling of vessels hull present opportunities in the coming years.
Get inside scoop of the report, request for sample: https://www.alliedmarketresearch.com/request-sample/2262
Leading players of the global offshore oil & gas paints and coatings market analyzed in the research include Hempel, Nippon Paints Co., 3M, PPG Industries, Inc., AkzoNobel N.V., The Sherwin-Williams Company, Wacker Chemie AG, Kansai Paints Co., Jotun, and A&A Coatings.
Covid-19 Scenario:
Production facilities of offshore oil & gas paints and coatings had been stopped due to lockdown measures and disrupted supply chain across the globe. This impacted the production volumes and the market growth considerably during the Covid-19 pandemic.
In addition, the ban on import and export activities of offshore oil & gas paints and coatings led to production disruptions.
Also, the demand from the oil & gas sector decreased considerably due to partial or complete stoppage of daily operations during the lockdown. However, the demand increased post-lockdown.
The report offers detailed segmentation of the global offshore oil & gas paints and coatings industry based on resin, installation, and region.
Based on resin, the epoxy segment accounted for the highest share in 2020, contributing to more than two-fifths of the total share, and is projected to continue its lead position during the forecast period. However, the polyurethane segment is expected to manifest the largest CAGR of 4.6% from 2021 to 2030.
Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/2262
Based on installation, the jackups segment contributed to the highest share of the global offshore oil & gas paints and coatings market in 2020, and is expected to maintain its leadership status during the forecast period. However, the drillships segment is estimated to manifest the fastest CAGR of 4.7% from 2021 to 2030.
Based on region, Asia-Pacific held the highest share in 2020, accounting for nearly two-fifths of the total share, and is projected to continue its dominant share by 2030. Moreover, this region is projected to portray the largest CAGR of 4.9% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.
To Purchase this Premium Report: https://www.alliedmarketresearch.com/offshore-oil-and-gas-paints-and-coatings-market/purchase-options
Related Reports:
Composites in Oil & Gas Industry Market : https://www.alliedmarketresearch.com/composites-in-oil-and-gas-industry-market-A14549
Solar Panel Coatings Market : https://www.alliedmarketresearch.com/solar-panel-coating-market-A11896
Coatings for Commercial and Residential Roofing Market : https://www.alliedmarketresearch.com/coatings-for-commercial-and-residential-roofing-market-A13779
Get Complete Report for Better Understanding: https://www.alliedmarketresearch.com/offshore-oil-and-gas-paints-and-coatings-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
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Allied Market Research Blog: https://blog.alliedmarketresearch.com
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Increase in urbanization & economic development, usage as cost-effective alternatives, and advantages of paints and coatings in drilling equipment drive the growth of the global offshore oil & gas paints and coatings market. However, raw material costs and environmental concerns restrain the market growth. On the other hand, effectiveness in marine & offshore platform applications and minimization of corrosion and fouling of vessels hull present opportunities in the coming years.
Get inside scoop of the report, request for sample: https://www.alliedmarketresearch.com/request-sample/2262
Leading players of the global offshore oil & gas paints and coatings market analyzed in the research include Hempel, Nippon Paints Co., 3M, PPG Industries, Inc., AkzoNobel N.V., The Sherwin-Williams Company, Wacker Chemie AG, Kansai Paints Co., Jotun, and A&A Coatings.
Covid-19 Scenario:
Production facilities of offshore oil & gas paints and coatings had been stopped due to lockdown measures and disrupted supply chain across the globe. This impacted the production volumes and the market growth considerably during the Covid-19 pandemic.
In addition, the ban on import and export activities of offshore oil & gas paints and coatings led to production disruptions.
Also, the demand from the oil & gas sector decreased considerably due to partial or complete stoppage of daily operations during the lockdown. However, the demand increased post-lockdown.
The report offers detailed segmentation of the global offshore oil & gas paints and coatings industry based on resin, installation, and region.
Based on resin, the epoxy segment accounted for the highest share in 2020, contributing to more than two-fifths of the total share, and is projected to continue its lead position during the forecast period. However, the polyurethane segment is expected to manifest the largest CAGR of 4.6% from 2021 to 2030.
Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/2262
Based on installation, the jackups segment contributed to the highest share of the global offshore oil & gas paints and coatings market in 2020, and is expected to maintain its leadership status during the forecast period. However, the drillships segment is estimated to manifest the fastest CAGR of 4.7% from 2021 to 2030.
Based on region, Asia-Pacific held the highest share in 2020, accounting for nearly two-fifths of the total share, and is projected to continue its dominant share by 2030. Moreover, this region is projected to portray the largest CAGR of 4.9% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.
To Purchase this Premium Report: https://www.alliedmarketresearch.com/offshore-oil-and-gas-paints-and-coatings-market/purchase-options
Related Reports:
Composites in Oil & Gas Industry Market : https://www.alliedmarketresearch.com/composites-in-oil-and-gas-industry-market-A14549
Solar Panel Coatings Market : https://www.alliedmarketresearch.com/solar-panel-coating-market-A11896
Coatings for Commercial and Residential Roofing Market : https://www.alliedmarketresearch.com/coatings-for-commercial-and-residential-roofing-market-A13779
Get Complete Report for Better Understanding: https://www.alliedmarketresearch.com/offshore-oil-and-gas-paints-and-coatings-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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