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Sunday, May 26, 2024

Germany Acid Proof Lining Market Set to Grow at 5.9% CAGR, Projected to Reach US$ 7.605.3 Million by 2026

Last updated Monday, September 11, 2023 10:21 ET , Source: Future Market Insights, Inc.

Newark, United States, 09/11/2023 / Future Market Insights, Inc. /

Germany’s acid-proof lining market is projected to grow in value throughout the forecast period at a CAGR of 5.9%, reaching US$ 7.605.3 Million by 2026’s end. The German acid-proof lining market is anticipated to develop at one of the fastest rates among all product categories in the coatings and linings sector throughout the forecast period (2016-2026).

Germany is subject to an exorbitant demand for thermoplastics lining because of the expanding manufacturing vertical. Ceramic brick lining accounts for more than 30% of the market share. Coming to end-use, the chemicals vertical comprises ~32% of the overall market share.

Industrial substrates and surfaces need protection against depletion from chemical, mechanical, and thermal loads. When it comes to processing, transportation, and storage of chemicals, walls and surfaces of buildings and equipment need to be protected against corrosion. Acid-proof lining comes to the rescue over here. It helps increase durability on the part of structures, enhances visual appeal, and provides resistance against abrasion. In other words, the acid lining could be called coatings that protect plastic piping, concrete, steel structures, and fiberglass against alkalis, solvents, and strong acids.

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Carbon brick lining is amongst the costliest linings in Germany. It is followed by tile lining and ceramic brick lining. The major advantage to start-ups herein is that the region provides less stringent barriers to registration and further functioning.

Acid-proof lining has rising applications across oilfield pipelines as it offers an appropriate mechanism to move petroleum and other volatile products in the oil & gas industry. Besides, several existing pipelines are being rapidly lined with acid-proof coatings for renovating corroded pipelines and avoiding other damage to pipes.

At the same time, the fact that there are alternative solutions like soft and hard rubber lining systems (bromobutyl, chlorobutyl, neoprene, and natural rubber) available can’t be ignored. It has been found that rubber lining systems offer exceptional chemical resistance against organic solvents, strong alkalis and acids, and aqueous phases. Furthermore, corrosion-protective polymer coatings are available based on acrylic, alkyd, vinyl ester, epoxy, and fluoropolymers. These factors are expected to hamper Germany’s proof lining market shortly.

Germany Acid Proof Lining is an essential industrial solution for corrosion protection in various sectors. Its reliability and effectiveness make it a preferred choice for safeguarding critical infrastructure and equipment—Analysis shared by Lead Analyst at Future Market Insights.

Competitive Lining

  • Players like Steuler-Kch GmbH, SKO Saureschutz, and Kunststoffbau GmbH do emphasize research for providing robust brick and ceramic linings as turnkey solutions for staining sizable advantages amidst fierce competition.
  • To sustain themselves, the players also focus on several expansion modes like mergers, acquisitions, new product launches, partnerships, and joint ventures.

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Some of the key players identified in the German acid-proof lining market include

  • Steuler-Kch GmbH
  • AGRU Kunststofftechnik GmbH
  • Simona AG
  • SKO Säureschutz und Kunststoffbau GmbH
  • GBT-BÜCOLIT GmbH
  • Nittel GmbH & Co. KG
  • Christen & Laudon GmbH Kunststoff – Apparatebau
  • Hurner-Funken GmbH
  • Knapper Oberflächentechnik GmbH
  • A-SPT Protective Solutions GmbH & Co. KG

What does the Report mention?

  • The research study is based on material type (ceramic brick lining, carbon brick lining, tile lining, thermoplastics lining, and fluoropolymer lining), by end-use industry (power generation, chemicals, pharmaceuticals, petrochemicals, metallurgy (steel processing and aluminum processing), water treatment & processing (sewage and wastewater and process water), and likewise (automotive, etc.)).
  • Thermoplastics lining is expected to grow fastest in Germany’s acid proof lining market going forward.

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Key Segments Covered

By Material Type:

  • Ceramic Brick Lining
  • Carbon Brick Lining
  • Tile Lining
  • Thermoplastics Lining
  • Fluoropolymer Lining

By End-use Industry:

  • Power Generation
  • Chemicals
  • Pharmaceuticals
  • Petrochemicals
  • Metallurgy
    • Steel Processing
    • Aluminium Processing
  • Water Treatment & Processing
    • Sewage and Waste Water
    • Process Water
  • Others (Automotive, etc.)

Author

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil and gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Related Research Reports on Chemicals & Materials: Navigating Industry Developments

Acid Proof Lining Market: The global acid-proof lining market size is projected to reach a valuation of US$ 12,313.08 million in 2033 and exhibit growth at a CAGR of 6.2% in the forecast period.

Corrosion Protective Coatings and Acid Proof Lining Market: The global corrosion protective coatings & acid proof lining market is anticipated to expand at a healthy CAGR during the forecast period.

Lining Market: The market is anticipated to increase in value at a CAGR of 3.9% during the assessment period with a value estimation of US$ 5.8 Billion by 2028.

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Original Source of the original story >> Germany Acid Proof Lining Market Set to Grow at 5.9% CAGR, Projected to Reach US$ 7.605.3 Million by 2026