Asia-Pacific is driving the anti-corrosion coatings market and the demand for environmentally friendly alternatives. By Sarah Silva, contributing editor.
Corrosion causes huge financial losses across a wide range of industries. According to NACE International, the global cost of corrosion in 2017 is estimated to be EUR 2.01 trillion. Sectors such as energy, construction and infrastructure need to protect against the gradual weakening of their assets and seek anti-corrosion coatings that also prolong the useful life of a structure and boost its productivity.