Offshore Oil & Gas Paints and Coatings Market Trends, Business Overview, Industry Growth and Forecast to 2028

The offshore oil and gas paints and coatings market size is expected to reach USD 712.65 million by 2025, growing at a CAGR of 7% during the forecast period. Oil and gas are extracted during the well drilling process and transported by ships and pipelines to refineries. Paint coatings are effectively placed on oil and gas equipment to provide corrosion protection, provide a non-slip surface, and bright paint colors improve visibility.

 

Key players

• 3M Co.
• AkzoNobel N.V.
• BASF SE
• Hempel A/S
• Kansai Paints Co.Ltd
• Nippon Paints Co. Ltd.
• PPG Industries, Inc.
• The Sherwin-Williams Company
• The Dow Chemical Company
• Wacker Chemie AG

 

Market Segmentation:

By Resin

• Epoxy
• Polyurethane
• Alkyd
• Acrylic
• Inorganic Zinc
• Others (Silicone, Vinyl, and Others)

By Installation

• Jackups
• Floaters
• Drillships
• Semisubmersibles and Others

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Offshore Oil & Gas Paints and Coatings Market Report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?