High Performance Anti-corrosion Coatings Market to Rise High With Growing Demand from Oil and Gas Sector

The high performance anti-corrosion coatings market has been growing at a healthy pace in the last few years. The rising number of applications and the rapid development of the oil and gas industry are projected to act as the key factors encouraging the growth of the market in the next few years. Developing economies, across the globe are expected to offer promising growth opportunities, thus attracting several new players to participate in the market in the coming few years.

According to the market study by Transparency Market Research, in 2017, the global market for high performance anti-corrosion coatings was worth US$13.64 bn and is projected to reach a value of US$18.22 bn by the end of 2023. The market is projected to register a healthy 5.0% CAGR between 2017 and 2023. 

Key Factors Encouraging Growth of High Performance Anti-corrosion Coatings Market 

The rising oil and gas exploration and drilling activities is considered as one of the key factors estimated to encourage the growth of the global high performance anti-corrosion coatings market in the coming few years.
The rapid development of the infrastructure and several other industries, especially in developing nations are estimated to enhance the growth of the market in the near future.
The rising contribution from Singapore, India, Vietnam, and China is projected to encourage the growth of the high performance anti-corrosion coatings market in the next few years.
On the flip side, the volatile nature of the petrochemical products that are used for the manufacturing the high performance anti-corrosion coatings is predicted to hamper the growth of the market in the next few years.
Nonetheless, the rising focus on technological advancements and research and development activities are projected to offer potential growth of the overall market in the coming few years.

Asia Pacific to Lead Global Market in Coming Few Years

Among the key segments, Asia Pacific is projected to account for a large share of the overall market and is likely to register a healthy growth rate in the next few years. The strong growth of this region can be attributed to the rising foreign investments and the rising number of applications. In addition to this, the presence of leading players and the rapid growth of the construction industry are predicted to generate potential growth opportunities for the market players in the next few years. As per the research study by Transparency Market Research, the Asia Pacific market is projected to register a healthy 5.0% CAGR between 2017 and 2023.

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The global market for high performance anti-corrosion coatings is competitive in nature with several number of players operating worldwide. The rising mergers and acquisitions and strategic collaborations is projected to generate potential growth opportunities for the market players in the coming few years. In addition to this, the enhancement of the distribution network and the rising focus on the expansion of the product portfolio are projected to support the growth of the overall market in the next few years. Some of the key players operating in the high performance anti-corrosion coatings across the globe are Akzo Nobel N.V., The 3M Company, Nippon Paint Co., Ltd., PPG Industries Inc., The Sherwin-Williams Company, Chugoku Marine Paints, Ltd., Jotun A/S, and Hempel A/S.

Rising Demand for Advanced Coatings from Numerous Industries to Drive Growth of Graphene Nanocoatings Market

Graphene-enhanced products are yet to reach widespread commercialization. Given graphene’s impressive array of properties and research and development (R&Ds) activities in the graphene-enhanced coatings are trying to develop novel products. The Sixth Element Materials, a Chinese company that focuses on R&D, mass production and sales of graphene and related materials, showcased its graphene-zinc anti-corrosion primer used for offshore wind power tower, that can come at a competitive price compared with zinc rich epoxy primer.

Graphene is a two-dimensional layer of carbon atoms. It is arranged in the form of a honeycomb lattice. Graphene has attracted significant attention in the coatings industry due to its unique electronic, optical, and mechanical properties. Graphene nanocoatings play an important role in the development of new and advanced protective coatings due to their chemical resistance, gas impermeability, adsorption capacity, anti-bacterial properties, mechanical strength, lubricity, and thermal stability. 

Graphene nanocoatings are hydrophobic, conductive, and chemically resistant; hence, the usage of these nanocoatings is expected to increase significantly in the near future. Hydrophobic graphene nanocoatings are used in ship hulls, glass surfaces, and textiles. Graphene nanocoatings can act as protective coatings with advanced properties. Besides these applications, graphene nanocoatings are used in more efficient and flexible solar cells, nanoelectronic devices, supercapacitors, high sensitivity gas sensors, molecular separators, and medical implants.

Here are some of the key factors influencing growth of the Graphene Nanocoatings Market: 

Rise in demand for anticorrosion coatings is fuelling the expansion of the global graphene nanocoatings market. Graphene nanocoatings provide alternative path for electrons to travel and retard the overall corrosion process. Graphene can be used as a component in various industrial additives. Increase in demand for additives in the paints & coatings industry is propelling the graphene nanocoatings market. Rise in demand for protective coatings in the marine sector is another key factor driving the graphene market. Demand for protective coatings in the aerospace industry is also on the rise. This is anticipated to boost the graphene nanocoatings market. 

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However, the limitation in scaling up and high costs are projected to restrain the market. Manufacturers have launched graphene based series of paints & coatings. These are strong and also act as protective layers against environmental damage. 

Demand for graphene nanocoatings in the automotive industry is also increasing due to the rise in demand for more durable structural components. Graphene nanocoatings can also be used for coating medical implants. Thus, increase in demand for advanced coatings in various sectors is augmenting the graphene nanocoatings market.

Key players operating in the global graphene nanocoatings include Graphenano, The British Electro Conductive Products, and Siansonic Technology Co., Ltd.

Widening Applications Beeswax to be beneficial for the growth of the Beeswax Market

Beeswax is a natural wax produced by honeybees. The wax is formed by worker bees who discard in the hive. The worker bees use it to build hexagonal cells to store honey. Beeswax consists of fatty acid esters and long-chained alcohols.

Applications of beeswax are cleaning agents, food flavoring, lubricants, and others. Burning beeswax produces negative ions which attracts pollutants. Pollutants such as moulds, odor, dust, bacteria, viruses, and other toxins aim to reduce the air quality. Thus, beeswax actually succeeds in cleaning up the air and making it more habitable. This attribute can be beneficial to the beeswax market in producing more environmentally-beneficial products. This can garner interest from the European market for an investment.

Cosmetics and pharmaceuticals are two major applications of the beeswax market. Cosmetics led the market on account of demand from blush, eye shadow, lip gloss, lip balm, and moisturizers. Pharmaceuticals were the second largest application. It was anticipated to be the fastest growing segment owing to coating properties of beeswax. Other applications are metal casting molding, modeling, candle manufacturing, wood & leather finishes, industrial lubricants, and waterproofed textiles. Demand from diverse applications is expected to result in increased market demand till 2022.

Other applications include soap, mustache cream, wax surfboards, furniture polish, and lubricated zippers. It can be used as a glazing agent when used in minimal quantity. It is used to prevent water loss and provide protection to fruits. Its application in skin care includes petroleum jelly, hand creams, lip balm, lip gloss, eye liner, mustache wax, and hair pomades.

Beeswax has been used in making candles. The wax was used to seal letters in the 13th century. Many seals used by major governments were created with beeswax. It is used to control bleeding from bone surfaces. Beeswax mixed with turpentine or linseed oil can act as furniture or shoe polish. It can be used as an adhesive. It is currently used to glue cutlery handles to knives and attach reed plates to a squeezebox.

Furthermore, it is a main component of mustache wax. This helps in styling the mustache according to the man’s personal needs. It prevents bronze items from dust or ruin. Metals like gold and silver are lubricated with beeswax to give it a sleek and eminent shine. It is still used by cheese makers as a glazing agent. This is more preferred than plastic, as plastic ruins the texture and taste.

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Beeswax is deemed a natural lubricant for wooden items. Even NASA isn’t oblivious to the benefits of beeswax. It utilizes beeswax in a concoction to mop oil spillage. It is used in making musical instruments such as oboe and guitar. Beeswax doesn’t produce smoke or wax when burned and is an environmentally-beneficial remedy. It only emits an aroma similar to honey and gets enhanced when mixed with herbs or oils.

Aerospace Coatings Market to Rise High With Rapid Development of Aircraft Industry

Aerospace coatings are being used extensively to cover the outer surface of the aircraft. A significant rise in the manufacturing of aircraft and the rapid development of the aircraft industry in several developing economies are projected to accelerate the growth of the global aerospace coatings market in the next few years.

As per the market intelligence study by Transparency Market Research, in 2016, the global market for aerospace coatings was worth US$1.53 bn and is projected to reach a value of US$2.53 bn by the end of 2025. The market is estimated to register a healthy 5.80% CAGR between 2017 and 2025.

Fleet Expansion in Developing Economies to Drive Aerospace Coatings Market

The increasing number of low cost carriers and the rising competition among the leading aircraft companies are the key factors that are projected to enhance the growth of the global aerospace coatings market in the next few years.
The fleet expansion activities is another major factor that is predicted to accelerate the growth of the market in the coming few years.
In addition to this, the rising focus of the players on emerging economies as they hold growth opportunities is projected to accelerate the growth of the global aerospace coatings market in the near future.
On the other hand, the exorbitant price required for the application of aerospace coatings and for their maintenance are predicted to hamper the growth of the market in the coming years.
Nonetheless, the rising investments in the aircraft manufacturing is projected to offer lucrative opportunities for the market players in the next few years.

North America and Europe to Witness High Growth in Coming Years

From a regional viewpoint, the global aerospace coatings market has been categorized into Europe, North America, Latin America, North America, and the Middle East and Africa. Among the mentioned segments, North America is likely to hold a large share of the market in the next few years, further followed by Europe. The rising use of aerospace coatings in defense and military sector is one of the major factors that is predicted to encourage the growth of the North America market in the next few years. Moreover, the presence of leading players is likely to support the market growth in near future. Asia Pacific, on the other side, is estimated to experience a healthy growth in the next few years, owing to the rising contribution from India and China.

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The global market for aerospace coatings market is experiencing a high level of competition and is projected to remain in the similar scenario in the next few years. The key players in the market are emphasizing on the development of new products and research and development activities, which is likely to support the growth of the overall market in the next few years. In addition to this, the key players are focusing in emerging economies, who hold immense growth opportunities, which is further predicted to enhance the growth of the market in the near future. Some of the key players operating in the aerospace coatings market across the globe are The Sherwin-Williams Company, PPG Industries, Inc, Akzo Nobel N.V, Mankiewicz Gebr. & Co., and Hentzen Coatings Inc. 

High-speed Internet Acts as Principal Factor to Boost Logistics Sales

The global logistics market is directly related to current economic environment and international trade flow for its development. The logistics market is driven by high speed internet acting as the major factor boosting its growth. With the advent of internet accessibility, online shopping activities has also increased. Web-based shopping has gained popularity all around the world with variety and comfort options as one can sit anywhere and shop online without having to physically travel to shopping centers. 

The logistics market in developing countries is expected to grow in the years to come. More logistics infrastructure like seamless connectivity and mixture of multimode logistics parks will be important. For instance, India’s logistics sector is anticipated to grow to $200 bn in three years’ time. There is a positive impact in the logistics market due to e-way billing and launch of GST. Inter-state good transport is also eased due to check-posts removals. There is a necessity of a solid infrastructure after which the logistics market can be seen to be growing at a faster speed.

The global logistics market is anticipated to grow at a CAGR of 7.5% to reach a value of US$15.5 tn within the forecast period of 2016 to 2024 as per a Transparency Market Research (TMR) report.

Reducing Operational Costs in Green Logistics Anticipated to create lucrative opportunities 

Logistics market today has become more flexible according to their shopper’s convenience and this shopper-driven approach is anticipated to produce better consumer loyalty assessment in future. The shopper-driven approach is achieved by selecting a range of consumer’s interest points by using computerized stamping and operational cost reduction. Interest points of consumers usually depends on their living standards, sophistication and purchasing capacity.


The development of logistics market is likely to slow down because of factors like increased pollution levels, expensive inventory cost and low warehousing space. However, the introduction of green logistics solutions could create benefits in the market like reducing operational costs, increasing adaptability, and creating nature friendly brand recognition. Another factor assumed to set the consistency tone of the global logistics market is the extension of trade agreements. Casual trade agreements reduce taxes and provides lot of benefits, thus improving business expertise and reducing the time spent on travelling.

Edge Computing Expanding the Scope of Various Industries

In the world, that is moving on advanced technological changes and an environment of internet of things is pushing the pushing boundaries of computing applications. Data and services have outgrown the computing applications from centralized nodes to the logical extent of a network to reach the physical world. It enables analytics and data gathering to occur at the source of the data. This approach needs leveraging resources that may not be constantly connected to a network such as smartphones, laptops, tablets and sensors. 

The demand for edge computing is rising significantly to meet the challenges arising from the extreme use of traditional cloud computing architecture. Owing the mounting demand, Transparency Market Research has analyzed the global edge computing market, which is expected to rise at 10.7% of CAGR during the forecast period between 2017 and 2022. This global market was worth US$8.02 in 2017 and is projected to reach U$13.31 bn by the end of 2022. 

What Are The Key Factors Associated In The Growth Of The Global Edge Computing Market?

The need for edge computing is seen in situations where there is poor connectivity of internet of things (IoT) devices and where the IoT devices are not connected seamlessly to a central cloud. Moreover, factors such as low spectral efficiency, high latency, and non-adaptive machine type of communication are several challenges faced by cloud computing architecture and making possibility to adopt edge-computing framework. 


Additionally, adopting edge computing also gives economic benefits to various organizations using IoT services and devices extensively. Incorporating edge computing helps in scrutinizing and processing data close to the edge network where it helps organizations crucially analyze data in real time.  

For instance, a London based startup, Ori has enabled on-demand mobile edge computing platform. This will help developers to install edge-powered applications over mobile networks, expanding revenue streams and commercial opportunities for mobile operators. 

Gaming Hardware Market : The Adoption of Virtual Reality Headsets In The Commercial Sector has Undergone A Significant Rise

In the last few years, globally the demand for gaming hardware has increased at a large scale. There are variety platforms and modes for gameplay that can be played either on personal computer or on different devices such as mobile phones, televisions, or handheld gaming device such as PSP devices or Nintendo DS systems. The demand for these types of games is widely seen in end-users. Moreover, in coming years, the demand for gaming hardware is expected to grow in commercial sector.


Technological advancements have grown the experience of online games multiple times. Nowadays, the upcoming game console is introduced in high definition audio and video images with advanced graphic technology. Moreover, the use of gaming hardware devices gives a more realistic representation of environments and players while playing. Use of innovative glasses and 3D audio quality has enhanced the users experience and have significantly grown the demand for gaming hardware. According to Transparency Market Research, the global gaming hardware market is expected to reach 260.5 million units in terms of volume. The market is projected to rise at 6.6% of CAGR during the forecast period between 2018 and 2026.

How are Companies Involved in the Gaming Hardware Market Strengthening their Position?

In terms of consoles and accessories, developers are making conscious efforts to make strategic decisions for the growth of the company and the market. Prominent players in the market are also putting efforts in product innovations and technological advancements to give the users an extraordinary experience while using these devices during their game.


Some of the prominent players in the gaming hardware market are Nintendo Co Ltd., NVIDIA Corporation, Microsoft Corporation, Sony Corporation, Venom UK Ltd, and Logitech International S.A.  The leading players in the market are investing in strategic alliance and collaborations to establish themselves firmly in the regional and the global level. Recently, Sawthooth Solutions LL takes about 4,804 shares from Sony Corporation that valued approx. US$ 247,000. 

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