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A pipe coating is a purposeful measure taken to maintain the integrity of pipes that is economical and sensible. This coating aids in maintaining a protective layer that shields pipe from corrosion’s destructive effects.
One of the most effective corrosion protection techniques being employed by companies all over the world is pipe coating. However, coating a pipe is not a simple work; there are several stages that must be followed in order to complete the assignment successfully.it is typically employed to prevent the adverse impacts of corrosion on pipe operation, capacity, and costs.
The benefits of pipe coatings include: Due to the smoothness of every surface, it increases gas flow. It lowers the cost of energy since coated pipe significantly reduce the cost of compression and pumping over the course of a pipe.
It reduces the need for inhibitors and also works to encourage the clean distribution of the product, which can ultimately serve as a low-maintenance, cost-effective choice for corrosion control that provides adequate and reliable protection.
The Global Pipe Coatings Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
The key driver of the market’s expansion is the rising demand for oil and gas as a result of severe energy shortages and cutting-edge technical advancements. As a result, it is anticipated that the pipeline market, which in turn will drive the expansion of the pipe coatings market, will be driven by the oil and gas industry.
Emerging nations are also anticipated to experience market growth. The infrastructure in the region grows as manufacturing becomes more prevalent in the developing economies of the Asia-Pacific and South America. The market expansion is being constrained by the high VOC content of the various solvent-based coatings utilized on pipes today.
These HAPS (Hazardous Air Pollutant Sources) and VOC components in the coating are environmentally hazardous. High levels of volatile organic compounds (VOCs) released into the atmosphere are unhealthy, polluting, and contribute to the greenhouse effect.
Utilizing low-solvent or solvent-free pipe coatings necessitates a larger capital expenditure for new machinery, updated surface treatment specifications for better wettability and fluidity, as well as additional technical know-how and education.
In order to cover the higher cost compared to the cost of a conventional solvent-based system, end users must first pay an extra fee. Due to severe controls on VOC emissions, it is anticipated that the use of solvent-based pipe coatings will only increase slightly.