Global pipeline protective coatings market

    A recent study shows that the global pipeline protective coatings market size is estimated to be about 7.5 billion U.S. dollars in 2021, and will reach 9.4 billion U.S. dollars by 2026.


    The study pointed out that the development of the energy sector, especially the oil and gas industry, is one of the main driving forces of the pipeline application market, thereby promoting the gradual increase in the demand for pipeline protective coatings.


    It is worth noting that the various solvent-based pipeline protective coatings currently used have high VOC content and cause certain harm to the environment. Moreover, many pipelines are built in mountainous areas, sandstone soils, steep slopes, river beds, wetlands, frozen soil, silt, etc. Under environmental conditions, the working conditions are severe and the corrosion protection requirements are high, which requires increased investment in paint coating technology, and at the same time gradually use environmentally friendly paints such as low-solvent or solvent-free. These are the challenges faced in the development of pipeline protective coatings.


    The study pointed out that the mobile coating technology has a promising future. It can realize on-site coating operations on pipeline construction sites, thereby significantly reducing transportation and operating expenses and shortening the construction period. Moreover, it can also reduce the cost of coating damage caused by transportation and operation that needs to be repaired, thereby improving the overall project operation efficiency. The installation of mobile painting equipment is also more convenient, and the painting efficiency is not lower than that of the original painting workshop.


    From the point of view of the painted parts, the pipeline outer wall coating market has increased significantly. Aiming at the corrosion of buried pipelines, the outer wall anti-corrosion of the pipeline plays a major role in order to extend the service life of the pipeline.


    From the point of view of coating components, thermoplastic polymer coatings account for the largest proportion of pipeline protective coatings, due to its excellent coating properties and wide range of application properties.


    From the perspective of application areas, the oil and gas industry is the area with the largest amount of pipeline protective coatings. The excellent corrosion resistance, abrasion resistance, and chemical resistance of pipeline protective coatings have promoted the large-scale application of pipeline protective coatings in the oil and gas industry.


    From a regional perspective, North America is the largest market for pipeline protective coatings, by Asia-Pacific and Europe. In North America, the Alaska LNG project is one of the world's largest liquefied natural gas projects, costing US$45 to 65 billion, and the pipeline is 1287 km long. In the Asia-Pacific region, industrial development, especially the development of the water treatment, oil and gas industry, construction industry, energy manufacturing and other fields, has rapidly increased the demand for pipeline protective coatings, making this region a market with a relatively prominent growth rate of pipeline protective coatings.

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