Pipe Coating Market - Forecast(2020 - 2025)

Pipe coating is a protective coating on the pipe metal surfaces for preventing corrosion and abrasion of pipes. The coating is applied from single layer to triple layer array on pipes below as well as above the ground level. Globally, rising need for smooth transportation of oils and acids, and higher shelf life, growing development of infrastructure, strict government regulations for the environment and health safety (EHS) across the globe, and increasing shale gas development activities in North America are the prime growth drivers of global pipe coating market. In addition, emergence and rising focus on mobile coating technology, increase in adoption of pipe coating for applications in newer industry vertical, and emerging economies such as China, India and others, will create new opportunities for global pipe coating market. However, higher cost of pipe coating, and oversupply situation of crude oil are the key restraints for global pipe coating market.


Geographically North America dominated global pipe coating market. There is high reserves of shale oil & gas, and deep-water E&P in the Gulf of Mexico, this has led to increase in production from shale operations and indeed boost in pipeline construction activities in this region. Middle East and Africa (MEA), especially Saudi Arabia, Qatar are rewarding market for pipe coating after North America due to larger production base of petroleum and other liquids. Among all the end-users, oil & gas industry has the highest market share in global pipe coating market due to higher adoption of paper coating because of its properties such as resistance to corrosion, abrasion, and excellent mechanical properties, and due to benefits such as shelf-life of the piping system and reduce replacement cost. Thermoplastics such as PVC, PP, PE, and others are widely used in different applications of pipe coatings.



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