Potable Water Tank Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026


#6563

Transparency Market Research

$ 5795

Potable Water Tank Coatings Market: Overview

Water that can be used for drinking purposes is termed potable water, whether it is used as such or not. Potable water tanks can be defined as those used to store drinking/potable water. They are commonly used in residential and housing infrastructure. However, these tanks are also employed in a wide range of other infrastructure such as industrial facilities, commercial buildings, and passenger ships. 

Potable Water Tank Coatings Market: Drivers & Restraints

Potable water tank coatings need to perform several functions. They need to ensure that external environment does not harm the tank and its quality. For example, potable water tank coatings need to withstand changes in temperature and also resist wear and tear factors such as corrosion. Coatings on the interior part of the tank should not contaminate stored water and vice versa. This particular function of coatings is vital from the point of view of health of those drinking water from such potable water tanks. Smell or taste of water is not affected by coatings. Re-coating of a tank is also an important function served by potable water tank coatings. The lifespan of a potable water tank can be longer than a decade; however, its coating might need to be replaced. Potable water tank coatings are formulated to be functional in wide-ranging temperatures. They are hygienic and provide resistance to chemicals. 

Potable water tank coatings are governed by strict regulations, as they can directly affect the health of a large share of population. There exists a wide range of classification societies that provide certificates stating the suitability of a coating’s prolonged contact with water. Such certifications are important for companies that plan to sell potable water tank coatings market. These certifications not only ease customer fears, but also provide quality to products and state that their compliance with government regulations. 

Potable Water Tank Coatings Market: Key Segments

Many types of potable water tank coatings are available in the potable water tank coatings market. Solvent-based and solvent-free are the commonly available potable water tank coatings. Other types include ceramic epoxy potable water coatings and epoxy primers. Different types of coatings have different methods of application and downtimes. For instance, certain coatings allow tanks to start service in just two to three days. In other cases, certain coatings may require 10 to 12 days. Certain coatings can be sprayed on tanks, while others need to be applied with a brush or roller. 

Potable Water Tank Coatings Market: Regional Outlook

Based on region, the global potable water tank coatings market can be classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The potable water tank coatings market is highly dependent upon the construction taking place in different parts of the world, especially residential and commercial buildings. Availability of quality drinking water is another factor that significantly affects the potable water tank coatings market. Rise in water scarcity around the world has led to an increase in storage of water. This trend is expected to continue during the forecast period. It is anticipated to be a major driver of the potable water tank coatings market.

Potable Water Tank Coatings Market: Key Players

Large number of companies provide potable water tank coatings. They are a mix of large and small companies with varying geographical presence. Key players operating in the potable water tank coatings market include Hempel A/S, Induron Coatings Inc., Jotun, Akzo Nobel N.V., and Chemco International Ltd.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.