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Anti-Corrosion Coating Market: By Type, By Technology, By End User and Geography
Anti-Corrosion Coating Market: By Type, By Technology, By End User and Geography
Anti-Corrosion Coating Market size was valued at US$ 26.5 billion in 2023 and is poised to grow at a CAGR of 5.6% from 2024-2030. The global market report provides a detailed overview of the market, which has been segmented by type, technology, and end-user. The anti-corrosion coating market has been segmented by Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, and Chlorinated Rubber. The epoxy segment is likely the largest and fastest-growing in various types.
The anti-corrosion coating market is segmented by technology into Solvent-borne, Waterborne, and Powder Coating. The Solvent-borne segment accounted for a significant revenue share in 2022. Based on end-user, the anti-corrosion coating market is segmented into Marine, Oil & Gas, Power Generation, Automotive & Transportation, and others. According to precision business insights, the Power Generation segment is predicted to register the fastest growth rate during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
5.6%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Due to increased steel consumption in the construction and automotive industries, the worldwide anti-corrosion coating market will likely grow profitably throughout the forecast period.
Based on geographical regions, anti corrosion coating market is segmented as five key regions: Latin America, North America, Asia Pacific, Europe, and Middle East & Africa. The Asia Pacific market is expected to witness the largest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 26.5 billion |
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Market CAGR |
5.6% |
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By Type |
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By Technology |
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By End User |
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By Region |
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Download Free Sample Report
The anti corrosion coating market size was valued at US$ 26.5 billion in 2023 and is poised to grow at a CAGR of 5.6% from 2024-2030.
AkzoNobel NV, Arkema Group, BASF SE, Beckers Group, H.B. Fuller Company, HEMPEL AS, Jotun, Kansai Paint Co. Ltd, Nippon Paints, PPG Industries Inc., RPM International Inc., Sika AG, The Sherwin-Williams Company, w. r. grace & co.-conn
Asia Pacific is the fastest-growing region for anti-corrosion coating market
| 1. Executive Summary |
| 2. Global Anti-Corrosion Coating Market Introduction |
| 2.1. Global Anti-Corrosion Coating Market – Taxonomy |
| 2.2. Global Anti-Corrosion Coating Market –Definitions |
| 2.2.1. Type |
| 2.2.2. Technology |
| 2.2.3. End User |
| 3. Global Anti-Corrosion Coating Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Anti-Corrosion Coating Market Dynamic Factors - Impact Analysis |
| 3.6. Global Anti-Corrosion Coating Market – Competition Landscape |
| 3.7. Epidemiology |
| 4. Global Anti-Corrosion Coating Market Analysis, 2019-2023 and Forecast, 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Anti-Corrosion Coating Market, By Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1. Epoxy |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Polyurethane |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Acrylic |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Alkyd |
| 5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Zinc |
| 5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Chlorinated Rubber |
| 5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Anti-Corrosion Coating Market Forecast, By Technology, 2019-2023 and Forecast, 2022 – 2028 (Revenue, USD Mn) |
| 6.1. Solvent-borne |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Waterborne |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Powder Coating |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Anti-Corrosion Coating Market, By End User, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1. Marine |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Oil & Gas |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Industrial |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Power Generation |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Automotive & Transportation |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Anti-Corrosion Coating Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Anti-Corrosion Coating Market - Opportunity Analysis Index, By Type, Technology, Application and Region, 2024-2030 |
| 9. North America Anti-Corrosion Coating MarketAnalysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 9.1. By Type Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Epoxy |
| 9.1.2. Polyurethane |
| 9.1.3. Acrylic |
| 9.1.4. Alkyd |
| 9.1.5. Zinc |
| 9.1.6. Chlorinated Rubber |
| 9.1.7. Others |
| 9.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Solvent-borne |
| 9.2.2. Waterborne |
| 9.2.3. Powder Coating |
| 9.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Marine |
| 9.3.2. Oil & Gas |
| 9.3.3. Industrial |
| 9.3.4. Power Generation |
| 9.3.5. Automotive & Transportation |
| 9.3.6. Others |
| 9.4. Country Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Anti-Corrosion Coating Market - Opportunity Analysis Index, By Type, Technology, Application, and Country, 2024-2030 |
| 9.6. North America Anti-Corrosion Coating Market Dynamics – Trends |
| 10. Europe Anti-Corrosion Coating Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 10.1. By Type Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Epoxy |
| 10.1.2. Polyurethane |
| 10.1.3. Acrylic |
| 10.1.4. Alkyd |
| 10.1.5. Zinc |
| 10.1.6. Chlorinated Rubber |
| 10.1.7. Others |
| 10.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Solvent-borne |
| 10.2.2. Waterborne |
| 10.2.3. Powder Coating |
| 10.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Marine |
| 10.3.2. Oil & Gas |
| 10.3.3. Industrial |
| 10.3.4. Power Generation |
| 10.3.5. Automotive & Transportation |
| 10.3.6. Others |
| 10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Anti-Corrosion Coating Market - Opportunity Analysis Index, By Type, Technology, Application, and Country, 2024-2030 |
| 10.6. Europe Anti-Corrosion Coating Market Dynamics – Trends |
| 11. Asia-Pacific Anti-Corrosion Coating Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 11.1. By Type Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Epoxy |
| 11.1.2. Polyurethane |
| 11.1.3. Acrylic |
| 11.1.4. Alkyd |
| 11.1.5. Zinc |
| 11.1.6. Chlorinated Rubber |
| 11.1.7. Others |
| 11.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Solvent-borne |
| 11.2.2. Waterborne |
| 11.2.3. Powder Coating |
| 11.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Marine |
| 11.3.2. Oil & Gas |
| 11.3.3. Industrial |
| 11.3.4. Power Generation |
| 11.3.5. Automotive & Transportation |
| 11.3.6. Others |
| 11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Anti-Corrosion Coating Market - Opportunity Analysis Index, By Type, Technology, Application, and Country, 2024-2030 |
| 11.6. Asia-Pacific Anti-Corrosion Coating Market Dynamics – Trends |
| 12. Latin America Anti-Corrosion Coating Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 12.1. By Type Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Epoxy |
| 12.1.2. Polyurethane |
| 12.1.3. Acrylic |
| 12.1.4. Alkyd |
| 12.1.5. Zinc |
| 12.1.6. Chlorinated Rubber |
| 12.1.7. Others |
| 12.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Solvent-borne |
| 12.2.2. Waterborne |
| 12.2.3. Powder Coating |
| 12.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Marine |
| 12.3.2. Oil & Gas |
| 12.3.3. Industrial |
| 12.3.4. Power Generation |
| 12.3.5. Automotive & Transportation |
| 12.3.6. Others |
| 12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Anti-Corrosion Coating Market - Opportunity Analysis Index, By Type, Technology, Application, and Country, 2024-2030 |
| 12.6. Latin America Anti-Corrosion Coating Market Dynamics – Trends |
| 13. Middle East and Africa Anti-Corrosion Coating Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
| 13.1. By Type Analysis 2019-2023 and Forecast 2024-2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Epoxy |
| 13.1.2. Polyurethane |
| 13.1.3. Acrylic |
| 13.1.4. Alkyd |
| 13.1.5. Zinc |
| 13.1.6. Chlorinated Rubber |
| 13.1.7. Others |
| 13.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Solvent-borne |
| 13.2.2. Waterborne |
| 13.2.3. Powder Coating |
| 13.3. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Marine |
| 13.3.2. Oil & Gas |
| 13.3.3. Industrial |
| 13.3.4. Power Generation |
| 13.3.5. Automotive & Transportation |
| 13.3.6. Others |
| 13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Anti-Corrosion Coating Market - Opportunity Analysis Index, By Type, Technology, Application, and Country, 2024-2030 |
| 13.6. MEA Anti-Corrosion Coating Market Dynamics – Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Technology& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. AkzoNobel NV |
| 14.2.2. Arkema Group |
| 14.2.3. BASF SE |
| 14.2.4. Beckers Group |
| 14.2.5. H.B. Fuller Company |
| 14.2.6. HEMPEL AS |
| 14.2.7. Jotun |
| 14.2.8. Kansai Paint Co. Ltd |
| 14.2.9. Nippon Paints |
| 14.2.10. PPG Industries Inc. |
| 14.2.11. RPM International Inc. |
| 14.2.12. Sika AG |
| 14.2.13. The Sherwin-Williams Company |
| 14.2.14. w. r. grace & co.-conn |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.