Frost & Sullivan Releases Report on Innovations in Anti-Corrosion Technologies for Offshore Structures

Frost & Sullivan published a report on anti-corrosion technologies for offshore structures on 24 December, 2015.

The recent boom in the oil and gas sector, especially in North America is driving growth opportunities for anti-corrosion coatings in the offshore oil & gas segment while other industries, such as offshore wind, wave, and tidal power also hold immense potential for anti-corrosion coatings in the next 5 to 10 years, according to the report.

The research titled Innovations in Anti-corrosion Technologies for Offshore Structures focuses on the technology advances, innovations and emerging opportunities in the offshore anti-corrosion technologies across applications with primary focus on the oil and gas and offshore wind power segments.

The research focused on the anti-corrosion coatings market on the basis of coating type, technology, applications, and geography. It also highlights the needs and requirements of different end user sectors, and opportunity analysis of several emerging coating technologies.

In addition, the study provides the value chain analysis with respect to protective coatings raw materials, manufacturers, and end uses. The report describes the industry value chain explaining the key contributors to the coating market at different stages from product development to end product manufacturing in niche market. The research service also offers a roadmap highlighting the adoption of technologies that will enable manufacturers to achieve improved profit margins, according to Frost & Sullivan.

Image: Corrosion/Illustration