Menu
Menu
Menu
Menu
Report Highlights
According to a research survey conducted by ChemView Consulting, in 2023, Corrosion Protective Coatings Market was worth US $ 10.52 Bn. The market is expected to grow at a CAGR of 4.10% between 2023 and 2033 to hit US $ 15.73 Bn by 2033 end.
Key Market Trends
The Key to Prolonging the Life of Your Assets
With its role in protecting assets from corrosion, corrosion-protective coatings are becoming a popular choice for various applications, creating a wide range of opportunities in the market.
The Future of Sustainable Asset Protection
With its eco-friendly properties, corrosion-protective coatings are becoming a popular choice for sustainable asset protection, making it a future-proof investment in the market.
The Essential Element in Improving Asset Durability
With its role in improving asset durability, corrosion-protective coatings are an essential element in various industries, creating a wide range of opportunities in the market.
Market Drivers:
Growing Infrastructure Development Activities
The increase in infrastructure development activities, such as the construction of bridges, highways, and buildings, is driving the demand for corrosion-protective coatings to ensure long-term durability and resistance to harsh environments. The expansion of the oil and gas industry and the need for corrosion-resistant coatings for pipelines and storage tanks are also contributing to the growth of the market.
The growing demand for high-performance coatings with low VOC emissions and enhanced sustainability is creating opportunities for new products in the corrosion protective coatings market.
Segmentation Insights
After conducting a thorough analysis of the Corrosion Protective Coatings Market, we have identified the top three trending segments in the industry. These segments are experiencing significant growth, high demand, and widespread adoption.
Most Popular (Fastest Growth Rate)
Epoxy Resin (Infrastructure & Construction Application)
Epoxy Resin is the most popular product in the Corrosion Protective Coatings Market due to its extensive usage in the infrastructure & construction application. They are widely used to protect various building materials, including concrete, steel, and masonry, from corrosion and deterioration, providing a long-lasting and durable protection solution. Epoxy Resin’s excellent properties such as high adhesion, chemical resistance, and weatherability make them the preferred choice for the infrastructure & construction application.
Most Selling (Largest Market Share)
Polyurethane Resin (Oil & Gas Application)
Polyurethane Resin is the most selling product in the Corrosion Protective Coatings Market due to its extensive usage in the oil & gas industry. They are widely used to protect various oil & gas equipment, including pipelines, tanks, and offshore platforms, from corrosion and wear, providing a reliable and high-performance protection solution. Polyurethane Resin’s excellent properties such as impact resistance, abrasion resistance, and chemical resistance make them the go-to choice for the oil & gas application.
Trending (Gaining Traction)
Inorganic Zinc Resin (Marine Application)
Inorganic Zinc Resin is gaining significant traction in the Corrosion Protective Coatings Market due to its usage in the marine industry. They are widely used to protect various marine vessels and structures, including ships, boats, and docks, from corrosion and abrasion, providing a tough and durable protection solution. Inorganic Zinc Resin’s excellent properties such as galvanic protection, cathodic disbondment resistance, and salt spray resistance make them a trending choice in the marine application.
Regional Insights
Europe: A Pioneering Market with a Focus on Sustainability
Europe is a key market for corrosion protective coatings, driven by its strong industrial sector and commitment to sustainability. The region’s focus on eco-friendly solutions and stringent environmental regulations has spurred the demand for corrosion protective coatings in various applications, including construction, automotive, and marine industries. Germany, the United Kingdom, and France lead the market with their advanced manufacturing capabilities and innovative technologies, making Europe an essential player in the global corrosion protective coatings industry.
Middle East: A Rapidly Growing Market with Infrastructure Development
The Middle Eastern market is witnessing rapid growth in the corrosion protective coatings sector, as the region focuses on infrastructure development and oil and gas industries. The construction, automotive, and marine sectors are propelling the demand for corrosion protective coatings, with countries like Saudi Arabia, the United Arab Emirates, and Qatar leading the way. The Middle East’s commitment to infrastructure growth and its strategic location make it an appealing market for global corrosion protective coatings manufacturers and investors.
Report Includes
Market Size Data
Market Background
Pricing Analysis
Value Chain Analysis
Competition Analysis
Research Scope/Taxonomy
Market Analysis by Resin Type:
Market Analysis by Formulation:
Market Analysis by End-use:
Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific
Key Companies Profiled
Why Choose CVC Market Research?;
1. Executive Summary
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definitions
3. Research Methodology
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4. Key Emerging Trends Analysis
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5. Global Corrosion Protective Coatings Market Value (US$ Mn) and Volume (Tons) Analysis
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6. Global Corrosion Protective Coatings Market Pricing Analysis
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7. Cross-Sectional Analysis
7.1. Cross Analysis of Application W.R.T. Technology
8. Supply Vs. Demand Analysis
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9. Market Background
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Resin Type Landscape
10. Global Corrosion Protective Coatings Market 2017 – 2032 by Technology
10.1. Introduction
10.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Resin Type [Value (US$ Mn) and Volume (Tons) Analysis]
10.2.1. Epoxy
10.2.2. Polyurethane
10.2.3. Alkyd
10.2.4. Acrylic
10.2.5. Inorganic Zin
10.2.6. Others
10.3. Market Attractiveness Analysis by Technology
11. Global Corrosion Protective Coatings Market 2017 – 2032 by Formulation
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Formulation [Value (US$ Mn) and Volume (Tons) Analysis]
11.3. Technology
11.4. Solvent-based
11.5. Water-based
11.6. Powder
11.7. Others
12.3.Market Attractiveness Analysis by Formulation
12. Global Corrosion Protective Coatings Market 2017 – 2032 by End-use
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-use [Value (US$ Mn) and Volume (Tons) Analysis]
12.3. Industry
12.4. Infrastructure & Construction
12.5. Oil & Gas
12.6. Industrial
12.7. Marine
12.8. Automotive
12.9. Power Generation
12.10. Mining
12.11. Others
12.3.Market Attractiveness Analysis by End-use
13. Global Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14. North America Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Resin Type
14.3.3. By Formulation
14.3.4. By End-Use
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Resin Type
14.4.3. By Formulation
14.4.4. By End-Use
15. Latin America Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Resin Type
15.3.3. By Formulation
15.3.4. By End-Use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Resin Type
15.4.3. By Application
16. Europe Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Resin Type
16.3.3. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Resin Type
16.4.3. By Formulation
16.4.4. By End-Use
17. Asia-Pacific Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Resin Type
17.3.3. By Formulation
17.3.4. By End-Use
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Resin Type
17.4.3. By Formulation
17.4.4. By End-Use
18. Middle East Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Resin Type
18.4.3. By Formulation
18.4.4. By End-Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Resin Type
18.5.3. By Formulation
18.5.4. By End-Use
19. Africa Corrosion Protective Coatings Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Resin Type
19.4.3. By Formulation
19.4.4. By End-Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Resin Type
19.5.3. By Formulation
19.5.4. By End-Use
20. Competition Analysis
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. Production Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Product Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21. Company Profiles
21.1. The Sherwin-Williams Company.
21.1.1. Company Overview
21.1.2. Product & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. PPG Industries, Inc.
21.3. Jotun
21.4. Akzo Nobel N.V.
21.5. Kansai Paint Co., Ltd.
21.6. Sika AG
21.7. The Chemours Company
21.8. Dulux Protective Coatings
21.9. Oasis Paints
21.10. Wacker Chemie AG
21.11. Henkel AG & Co. KGaA
21.12. NIPSEA GROUP
21.13. Berger Paints
21.14. Hempel A/S
21.15. Dow.
21.16. Others
22. Assumptions and Acronyms
Customize Your Report by Choosing Insights You Need and Pay Accordingly
Allow Us to Create and Deliver an Engagement That Exactly Meets Your Requirements and Expectations
Safe & Secure Payments
Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.
Speak to Analyst