Global Anti-Corrosion Coating Market Size is valued at USD 35.7 Bn in 2024 and is predicted to reach USD 52.2 Bn by the year 2034 at a 4.0% CAGR during the forecast period for 2025-2034.
Anti-corrosion coatings are applied to the metal to protect it against the effects of the environment, such as humidity and air temperature, which can cause rusting and pitting. Putting an anti-corrosion coating on a metal component is a great way to make it last longer in harsh environments. Coatings defend against corrosion and elements, mechanical damage, abrasion, and extreme temperatures. There will be a greater need for anti-corrosion coatings to shield materials from the damaging effects of water, chemicals, greases, and weather as the number of infrastructures grows.
In addition, one of the most frustrating issues in many final applications is corrosion. The jacketing, the insulating hardware, and even the underlying piping and equipment can all be attacked by corrosion. Corrosion can generate significant financial losses, endangering general property and human life. The government's increased spending on R&D for innovative coating solutions is also anticipated to push the prefabricated coating market soon, which is a major driver of the expansion of the anti-corrosion coating industry. As a result, demand for anti-corrosion coatings is expected to rise. In addition, key players increased focus on new product development and strategic collaborations led to the growth of the global anti-corrosion coating market. It drives expansion globally and is expected to boost market expansion in the coming years.
However, coatings' VOC emissions have been the focus of regulations regarding changeable prices and have slowed down the anti-corrosion coating market. Furthermore, increasing R&D activities and investments by prominent players are expected to create lucrative growth opportunities in revenue for players operating in the global anti-corrosion coating market over the forecast period.
Anti-Corrosion Coating Market is segmented into Type, Technology, End-User. The anti-corrosion coating market based on type is segmented as epoxy, polyurethane, acrylic, alkyd, zinc, chlorinated rubber, and others. The technology segment comprises solvent-borne, waterborne, powder-based coating, and others. By end-use industry, the market is segmented into marine, oil & gas, industrial, infrastructure, power generation, automotive & transportation, and others.
The acrylic anti-corrosion coating category is expected to hold a significant global market share due to the weatherproofing and oxidation resistance of acrylic materials contributing to their widespread use. Acrylic coatings, which are typically water-based, offer exceptional performance in various applications, including wall coating and roof coating, and are inexpensive compared to other materials.
The segment oil & gas is projected to grow rapidly in the global anti-corrosion coating market because the widespread application of corrosion protection coating in this industry is largely responsible for this significant market share. The microorganism risk is reduced, and the anti-corrosion coating enhances the abrasion resistance and surface finish. The anti-corrosion coating is used on the floors, handles, beds, walls, and ceilings of hospitals, care homes, and drop-in centers, especially in countries like the US, Germany, the UK, China, and India.
The Asia Pacific anti-corrosion coating market is expected to record the maximum market share in revenue in the near future. The rising demand for anti-corrosion coating in sectors like as construction, energy production, and the oil and gas industry might be ascribed to this phenomenon. The increasing requirement for renewable energy sources in the region also contributes to the Asia Pacific region's rapid development. In addition, the presence of key market competitors and improvements in anti-corrosion coating technology fuel expansion in the region's industries.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 35.7 Bn |
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Revenue Forecast In 2034 |
USD 52.2 Bn |
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Growth Rate CAGR |
CAGR of 4.0% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, Technology, End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
PPG Industries, Inc., Akzonobel N.V., The Sherwin-Williams Company, Jotun, Kansai Paint Co., Ltd., Axalta Coating Systems Ltd., BASF SE, Hempel A/S, RPM International Inc., Nippon Paint Holdings Co., Ltd., Nycote Laboratories, Inc., Diamond Vogel, Eoncoat, Llc, The Dow Chemical Company, Advanced Nanotech Lab, 3M, Heubach Color, The Magni Group, Inc., Wacker Chemie Ag, 10 SK Formulations India Pvt. Ltd., Noroo Paints & Coatings, Ancatt Inc., Greenkote Plc, Renner Herrmann SA, Secoa Metal Finishing, Others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Anti-Corrosion Coating Market Snapshot
Chapter 4. Global Anti-Corrosion Coating Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Type Estimates & Trend Analysis
5.1. By Type, & Market Share, 2024-2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021-2034 for the following By Type:
5.2.1. Epoxy
5.2.2. Polyurethane
5.2.3. Acrylic
5.2.4. Alkyd
5.2.5. Zinc
5.2.6. Chlorinated Rubber
5.2.7. Others
Chapter 6. Market Segmentation 2: By Technology Estimates & Trend Analysis
6.1. By Technology & Market Share, 2024-2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021-2034 for the following By Technology:
6.2.1. Solvent borne
6.2.2. Waterborne
6.2.3. Powder-based coating
6.2.4. Others
Chapter 7. Market Segmentation 3: By End-use Industry Estimates & Trend Analysis
7.1. By End-use Industry & Market Share, 2024-2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021-2034 for the following By End-use Industry:
7.2.1. Marine
7.2.2. Oil & Gas
7.2.3. Industrial
7.2.4. Infrastructure
7.2.5. Power Generation
7.2.6. Automotive & Transportation
7.2.7. Others
Chapter 8. Anti-Corrosion Coating Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Anti-Corrosion Coating Market revenue (US$ Million) estimates and forecasts By Type, 2021-2034
8.1.2. North America Anti-Corrosion Coating Market revenue (US$ Million) estimates and forecasts By Technology, 2021-2034
8.1.3. North America Anti-Corrosion Coating Market revenue (US$ Million) estimates and forecasts By End-use Industry, 2021-2034
8.1.4. North America Anti-Corrosion Coating Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Anti-Corrosion Coating Market revenue (US$ Million) By Type, 2021-2034
8.2.2. Europe Anti-Corrosion Coating Market revenue (US$ Million) By Technology, 2021-2034
8.2.3. Europe Anti-Corrosion Coating Market revenue (US$ Million) By End-use Industry, 2021-2034
8.2.4. Europe Anti-Corrosion Coating Market revenue (US$ Million) by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Anti-Corrosion Coating Market revenue (US$ Million) By Type, 2021-2034
8.3.2. Asia Pacific Anti-Corrosion Coating Market revenue (US$ Million) By Technology, 2021-2034
8.3.3. Asia Pacific Anti-Corrosion Coating Market revenue (US$ Million) By End-use Industry, 2021-2034
8.3.4. Asia Pacific Anti-Corrosion Coating Market revenue (US$ Million) by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Anti-Corrosion Coating Market revenue (US$ Million) By Type, (US$ Million) 2021-2034
8.4.2. Latin America Anti-Corrosion Coating Market revenue (US$ Million) By Technology, (US$ Million) 2021-2034
8.4.3. Latin America Anti-Corrosion Coating Market revenue (US$ Million) By End-use Industry, (US$ Million) 2021-2034
8.4.4. Latin America Anti-Corrosion Coating Market revenue (US$ Million) by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Anti-Corrosion Coating Market revenue (US$ Million) By Type, (US$ Million) 2021-2034
8.5.2. Middle East & Africa Anti-Corrosion Coating Market revenue (US$ Million) By Technology, (US$ Million) 2021-2034
8.5.3. Middle East & Africa Anti-Corrosion Coating Market revenue (US$ Million) By End-use Industry, (US$ Million) 2021-2034
8.5.4. Middle East & Africa Anti-Corrosion Coating Market revenue (US$ Million) by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Akzonobel N.V.
9.2.2. The Sherwin-Williams Company
9.2.3. Jotun
9.2.4. Kansai Paint Co., Ltd.
9.2.5. Axalta Coating Systems Ltd.
9.2.6. BASF Se
9.2.7. Hempel A/S
9.2.8. Rpm International Inc.
9.2.9. Nippon Paint Joldings Co., Ltd.
9.2.10. Nycote Laboratories, Inc.
9.2.11. Diamond Vogel
9.2.12. Eoncoat, Llc
9.2.13. The Dow Chemical Company
9.2.14. Advanced Nanotech Lab
9.2.15. 3M
9.2.16. Heubach Color
9.2.17. The Magni Group, Inc.
9.2.18. Wacker Chemie Ag
9.2.19. 10 Sk Formulations India Pvt. Ltd.
9.2.20. Noroo Paints & Coatings
9.2.21. Ancatt Inc.
9.2.22. Greenkote Plc
9.2.23. Renner Herrmann Sa
9.2.24. Secoa Metal Finishing
9.2.25. Others
Anti-Corrosion Coating Market By Type -
Anti-Corrosion Coating Market By Technology -
Anti-Corrosion Coating Market By End-use Industry -
Anti-Corrosion Coating Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
