The erosion and corrosion of wind towers and blades is not a surprise given the variety of and often harsh environmental conditions encountered at sea and on land. If not protected, this erosion and corrosion will reduce the structures strength, reliability, life span and, ultimately, its economic value. So coating plays an important role in protecting blades, tower and other components from environment.
The erosion and corrosion of wind towers and blades causes huge damage to wind power plant, so wind power coating is well paid attention in the world, with the increasing construction of wind power plant, the demand of the wind power coating is also increasing. According to the location where the wind power plants are, the wind power coating can be divided into offshore blades, offshore tower, offshore interior, onshore blades, onshore tower and onshore interior. According to the raw materials, it can be divided into polymer coating, ceramic coating and metal coating. The polymer coating owns the biggest market share, taking 80.88% in 2016.
North America and Europe are the main consuming regions, North America takes 66.68% of the global sale volume in 2016, located in the leading position. Europe is the second biggest region, taking 28.13% in the world in 2016. China is not a big manufacturing region, but the consumption is huge, in 2016 the consumption is 26059 MT.
With the bright future of the wind industry, the wind power coating also shows good future. The sale volume will increase to 115618 MT in 2022 from 60102 MT with the average growth rate of 11.52%, the revenue will increase to 988.77 Million USD in 2022 from 527.48 Million USD in 2016 with the average growth rate of 11.04%. The price will show the declining trend in the future, in 2022 the price will decrease to 8552 USD/MT.
Over the next five years, LPI(LP Information) projects that Wind Power Coating will register a 10.8% CAGR in terms of revenue, reach US$ 1100 million by 2023, from US$ 590 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into