탱크 코팅 서비스 시장 예측(-2030년) : 탱크 유형별, 코팅 유형별, 서비스 유형별, 코팅 적용 방법별, 용도별, 최종 사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Tank Coating Services Market is accounted for $8.63 billion in 2024 and is expected to reach $13.17 billion by 2030 growing at a CAGR of 7.3% during the forecast period. Tank coating services include applying protective coatings to the exterior and interior surfaces of tanks in order to stop wear, corrosion, and chemical damage. The longevity and secure storage of substances like water, chemicals, oil, and fuel depend on these services. The requirement for corrosion protection in the chemical and oil and gas industries, strict environmental regulations, growing industrialization, and growing awareness of safety and maintenance in industrial storage operations are the primary factors propelling the market for tank coating services.

According to BP Stats, the total oil consumption in Germany was 2,045 thousand barrels per day in 2021; registering a decline rate of 0.2% compared to 2,049 thousand barrels per day in 2020.

Market Dynamics:

Driver:

Increasing industrialization and infrastructure development

The rise in infrastructure development and industrialization is driving the market for tank coating services. The need for protective coatings to shield storage tanks from corrosion, chemical deterioration, and environmental influences is growing as industries grow and new infrastructure projects are developed. This tendency is especially noticeable in developing nations where the demand for effective and long-lasting storage solutions is being driven by fast industrialization. The industry is also growing as a result of strict regulations controlling environmental compliance and tank safety.

Restraint:

Long downtime for coating application

Long-term operational disruptions can result in large financial losses, particularly for sectors like chemical and oil refineries that depend on constant production. Extended periods of inactivity can also lead to decreased operating effectiveness because the tank needs to be out of commission for cleaning, coating, and curing procedures. Furthermore, planning and arranging downtime can be difficult logistically, which affects project timeframes as a whole. In certain situations, the requirement for temporary transportation or storage during downtime may increase operating expenses, placing further pressure on budgets.

Opportunity:

Rising demand for oil & gas, petrochemicals

Strong storage infrastructure is required by the oil and gas industry due to its growing exploration and production activities. Likewise, the petrochemical sector need specific coatings to guarantee the longevity and safety of storage tanks due to its intricate procedures and dangerous substances. Moreover, demand for water storage tanks has increased as a result of the growing emphasis on water management and conservation, especially in areas experiencing water scarcity. These elements, together with the requirement to adhere to strict environmental standards, are driving the market expansion for tank coating services.

Threat:

Economic fluctuations and industry volatility

Significant obstacles to the tank coating services market are industrial unpredictability and economic swings. The performance of significant industries like utilities, chemicals, and oil and gas-all of which are susceptible to changes in the price of commodities, economic cycles, and geopolitical unrest-is directly correlated with the need for coating services. In order to save money, businesses may postpone or scale back investments in coating and maintenance services during times of market volatility or economic crisis. Furthermore, changes in energy prices may result in lower capital expenditures for oil and gas projects, which would have an immediate effect on the demand for tank coating services in these sectors.

Covid-19 Impact

Tank coating services were greatly affected by the COVID-19 pandemic. Material availability and project schedules were hampered by supply chain interruptions and lockdowns. The necessity for new tank coatings was reduced by a decline in industrial activity and postponed infrastructural projects. However as industrial activities restarted and economies progressively reopened, the market started to rebound. A greater emphasis on preventative maintenance and refurbishing resulted from the pandemic's emphasis on the vital role tank coatings play in guaranteeing the longevity and safety of storage facilities.

The storage tanks segment is expected to be the largest during the forecast period

The storage tanks segment is estimated to be the largest. The oil and gas industry needs a strong infrastructure for storing natural gas, refined products, and crude oil due to its expanding exploration and production activities. Considering its intricate procedures and dangerous chemicals, the petrochemical sector requires specialized storage tanks. The need for water storage tanks has also increased as a result of the growing emphasis on water management and conservation. The market for tank coating services is expanding due to these factors as well as the requirement to adhere to strict environmental standards.

The water treatment segment is expected to have the highest CAGR during the forecast period

The water treatment segment is anticipated to witness the highest CAGR during the forecast period, due to the growing emphasis on water treatment and the industry's requirement for dependable storage solutions. To guarantee the safe storage and transportation of treated water, storage tanks used in water treatment facilities need to be coated with long-lasting, corrosion-resistant materials. The market for specialist tank coating services in the water treatment sector is supported by the growing demand for efficient coatings to shield these tanks from environmental deterioration as water shortage concerns increase internationally and water treatment infrastructure rises.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period due to rapid industrialization and infrastructure development. Industries including manufacturing, petrochemicals, and oil and gas are expanding significantly in countries like China, India, and Southeast Asia. Strong storage infrastructure, such as tanks, pipes, and vessels, is required due to the increase in industrial activities. There is a growing need for premium tank coatings to shield these assets from environmental influences and corrosion. Furthermore, the region's adoption of innovative coating technologies is being fuelled by strict safety and environmental requirements.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period, owing to robust industrial expansion, especially in the water treatment, chemical, and oil and gas industries. Advanced corrosion-resistant coatings are required to safeguard storage tanks from extreme environments due to the region's strict environmental rules and safety standards. The need for tank coatings is also fuelled by continued infrastructure upkeep, a move toward sustainable practices, and a greater emphasis on asset longevity. The market is still growing as a result of the region's investments in energy projects and industrial expansion.

Key players in the market

Some of the key players profiled in the Tank Coating Services Market include AkzoNobel N.V., Jotun Group, Hempel A/S, PPG Industries, Inc., BASF SE, Axalta Coating Systems, Kansai Paint Co., Ltd., Chugoku Marine Paints Ltd., Nippon Paint Holdings Co., Ltd., Tnemec Company, Inc., International Paint Ltd. (AkzoNobel), Carboline Company, Rust-Oleum Corporation, Blome International, Envirotainer, and Belzona International Ltd.

Key Developments:

In June 2022, AkzoNobel introduced the Interline(R) 9001 tank lining, which is designed for the food and beverage industry. This coating offers a high level of protection against corrosion, minimizing the risk of contamination in storage tanks. It complies with strict food safety regulations, making it ideal for storage of food-grade liquids.

In February 2021, Jotun expanded its Tankguard(R) range with the introduction of Tankguard(R) Expand, a new epoxy coating specifically formulated for the protection of chemical storage tanks. It offers high resistance to aggressive chemicals and extreme temperatures, addressing the growing need for reliable, long-lasting tank protection.

In November 2020, Hempel launched an advanced tank coating solution designed for use in the chemical and oil & gas industries. The new coating provides enhanced resistance to corrosion and wear, even in harsh environmental conditions, extending the lifespan of tanks and reducing maintenance costs.

Type of Tanks Covered:

• Storage Tanks
• Fuel Tanks
• Water Tanks
• Industrial Tanks
• Underground Tanks
• Other Types

Coating Types Covered:

• Epoxy Coatings
• Polyurethane Coatings
• Zinc Coatings
• Fluoropolymer Coatings
• Rubber Coatings

Service Types Covered:

• On-site Coating Services
• Off-site Coating Services
• Custom Coating Solutions

Coating Application Methods Covered:

• Spray Coating
• Brush Coating
• Roller Coating

Applications Covered:

• Internal Tank Coatings
• External Tank Coatings
• Tank Linings
• Anti-Corrosion Coatings
• Heat-Resistant Coatings
• Other Applications

End Users Covered:

• Oil & Gas
• Chemical
• Water Treatment
• Food & Beverage
• Pharmaceutical
• Construction & Mining
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Tank Coating Services Market, By Type of Tank

• 5.1 Introduction
• 5.2 Storage Tanks
• 5.3 Fuel Tanks
• 5.4 Water Tanks
• 5.5 Industrial Tanks
• 5.6 Underground Tanks
• 5.7 Other Types

6 Global Tank Coating Services Market, By Coating Type

• 6.1 Introduction
• 6.2 Epoxy Coatings
• 6.3 Polyurethane Coatings
• 6.4 Zinc Coatings
• 6.5 Fluoropolymer Coatings
• 6.6 Rubber Coatings

7 Global Tank Coating Services Market, By Service Type

• 7.1 Introduction
• 7.2 On-site Coating Services
• 7.3 Off-site Coating Services
• 7.4 Custom Coating Solutions

8 Global Tank Coating Services Market, By Coating Application Method

• 8.1 Introduction
• 8.2 Spray Coating
• 8.3 Brush Coating
• 8.4 Roller Coating

9 Global Tank Coating Services Market, By Application

• 9.1 Introduction
• 9.2 Internal Tank Coatings
• 9.3 External Tank Coatings
• 9.4 Tank Linings
• 9.5 Anti-Corrosion Coatings
• 9.6 Heat-Resistant Coatings
• 9.7 Other Applications

10 Global Tank Coating Services Market, By End User

• 10.1 Introduction
• 10.2 Oil & Gas
• 10.3 Chemical
• 10.4 Water Treatment
• 10.5 Food & Beverage
• 10.6 Pharmaceutical
• 10.7 Construction & Mining
• 10.8 Other End Users

11 Global Tank Coating Services Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 AkzoNobel N.V.
• 13.2 Jotun Group
• 13.3 Hempel A/S
• 13.4 PPG Industries, Inc.
• 13.5 BASF SE
• 13.6 Axalta Coating Systems
• 13.7 Kansai Paint Co., Ltd.
• 13.8 Chugoku Marine Paints Ltd.
• 13.9 Nippon Paint Holdings Co., Ltd.
• 13.10 Tnemec Company, Inc.
• 13.11 International Paint Ltd. (AkzoNobel)
• 13.12 Carboline Company
• 13.13 Rust-Oleum Corporation
• 13.14 Blome International
• 13.15 Envirotainer
• 13.16 Belzona International Ltd.