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 2021-2027. 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.
A full report of Offshore Oil & Gas Paints and Coatings Market available at https://www.orionmarketreports.com/offshore-oil-gas-paints-and-coatings-market/57358/
Key players, which include 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, and Wacker Chemie AG.have invested in R&D activities to develop advanced products to cater to the requirements of the offshore oil & gas paints and coatings market.
Offshore Oil & Gas Paints and Coatings Market: Segmentation
By Resin
• Epoxy
• Polyurethane
• Alkyd
• Acrylic
• Inorganic Zinc
• Others (Silicone, Vinyl, and Others)
By Installation
• Jackups
• Floaters
• Drillships
• Semisubmersibles and Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
