Global Flat Type
Anti-Corrosion Alloy Market is expected to gain a higher CAGR in the
forthcoming period. Concrete structures get eroded due to corrosion of
reinforced steel inside the concrete, ultimately hampering the durability of
concrete structures. In order to lessen or prevent the steel corrosion, several
methods and techniques have been deployed and the most important methods
comprise concrete over optimization, electrochemical protection and chemical
inhibitors incorporation, epoxy coating on rebar, reinforcement galvanization.
Non-corroding stainless steels is recommended since stainless steel which
offers surpassing chemical resistance in highly volatile environments. Overall,
stainless steel being the most viable and reliable solution is recommended
almost for all concrete structures.
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Driving factors responsible
for the growth of flat type anti-corrosion alloy market includes rising
developments in life science, ecology and economics which results into
effective utilization of limited resources ultimately resulting into optimum
use of limited resources. However, the fluctuation in prices of raw material is
expected to hinder the growth of flat type anti-corrosion alloy market. Based
on segmentation by type, the flat type anti-corrosion alloy market includes
iron-based alloys, nickel-based alloys and cobalt-based alloys. Based on
segmentation by end-user, the market includes oil & gas, aerospace &
defense, energy & power and industrial.
Geographically, the flat type
anti-corrosion alloy market spans North America, Latin America, Europe,
Asia-Pacific, Middle-East and Africa. Asia-Pacific regions are also expected to
gain a significant CAGR growth in the forthcoming period owing to robust growth
in end-use industries such as defense & aerospace, energy & power and
other industries. Constant R&D activities adds to the growth of market. MEA
regions are however expected to gain a positive traction in the forthcoming
period.
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