External Pipe Coating Equipment Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 6.2% from 2026 to 2033, reaching USD 4.1 Billion by 2033.
In 2022, the External Pipe Coating Equipment Market was valued at approximately USD 2.5 billion, with projections indicating growth to USD 4.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030. This growth is driven by increasing demand for pipeline infrastructure, particularly in the oil and gas sector, where corrosion protection and insulation are critical. Technological advancements in coating materials and application methods have further enhanced the efficiency and effectiveness of external pipe coatings, contributing to market expansion. Regionally, the Asia Pacific dominated the market, accounting for 35% of the total revenue in 2023, propelled by rapid industrialization and infrastructure development in countries like China and India. North America followed, contributing 25%, driven by extensive pipeline networks and stringent regulatory standards. Europe held a 20% share, with Latin America and the Middle East & Africa each contributing 10%. The Asia Pacific region also exhibited the fastest growth, spurred by increasing energy demand and government investments in infrastructure projects. Opportunities in the market include the development of innovative coating technologies, such as nanocomposites and fusion bonded epoxies, and expansion into emerging economies where pipeline construction and rehabilitation are on the rise.
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Selmers
Graco
BERGER Engineering GmbH
Tyhoo Group
Bauhuis
V. R. Coatings
Jaguar Surface Coating Equipments
Spray Quip
PSL LIMITED
Blastline India
Shri Mahaluxmi Chemicals
Zhoushan Rudder Manufacturing
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global External Pipe Coating Equipment Market
Single Layer Pipe Coating Equipment
Multi-layer Pipe Coating Equipment
Fusion Bonded Epoxy Coating Equipment
Extrusion Coating Equipment
Hot Applied Coating Equipment
Others
Oil & Gas
Water & Wastewater
Industrial
Construction
Polyethylene
Polyurethane
Epoxy
Others
Corrosion Protection
Thermal Insulation
Anti-abrasion
Others
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global External Pipe Coating Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global External Pipe Coating Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global External Pipe Coating Equipment Market, By Type
6. Global External Pipe Coating Equipment Market, By Application
7. Global External Pipe Coating Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global External Pipe Coating Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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