Global Anti-Corrosion Coatings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Water-Based, Solvent-Based, Powder, and OthersBy Material;
Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber, and OthersBy Technology;
Solventborne, Waterborne, Powder, UV Cured, and OthersBy End-Use;
Marine, Oil & Gas, Industrial, Infrastructure, Power Generation, Automotive & Transportation, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Anti-Corrosion Coatings Market Overview
Anti-Corrosion Coatings Market (USD Million)
Anti-Corrosion Coatings Market was valued at USD 106,223.17 million in the year 2024. The size of this market is expected to increase to USD 154,520.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.
Global Anti-Corrosion Coatings Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 5.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.5 % |
Market Size (2024) | USD 106,223.17 Million |
Market Size (2031) | USD 154,520.64 Million |
Market Concentration | Medium |
Report Pages | 363 |
Major Players
- PPG Industries, Inc.
- AkzoNobel N.V.
- The Sherwin-Williams Company
- Axalta Coating Systems LTD.
- BASF SE
- Hempel A/S
- Jotun
- Ashland Inc.
- RPM International Inc.
- Kansai Paint Co., LTD
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Anti-Corrosion Coatings Market
Fragmented - Highly competitive market without dominant players
The anti-corrosion coatings market is growing steadily, driven by rising concerns over metal degradation in industrial environments. These coatings play a vital role in safeguarding critical infrastructure from moisture, chemicals, and oxidation. Currently, more than 55% of metal-based structures in heavy industries undergo regular coating treatments to maintain their integrity and operational efficiency.
Growth in Advanced Coating Technologies
The shift toward high-performance coating materials is significantly shaping market trends. Epoxy and polyurethane-based coatings dominate the landscape, accounting for over 60% of industrial use due to their excellent durability and corrosion resistance. These materials help extend the lifespan of assets under extreme mechanical and environmental stress.
Rising Adoption of Sustainable Coatings
Environmental mandates are encouraging the industry to transition toward low-emission and sustainable solutions. As a result, water-based anti-corrosion coatings now contribute to nearly 40% of market consumption. These alternatives provide comparable protection while helping industries comply with increasingly strict environmental standards.
Infrastructure Rehabilitation Boosts Demand
Infrastructure-related applications remain a major contributor, with maintenance and repair projects making up close to 48% of the market’s usage. The ongoing refurbishment of industrial plants, pipelines, and civil structures demands reliable coating systems that ensure longevity and minimize corrosion-related failures.
Innovation as a Market Catalyst
Breakthroughs in smart coatings and nanotechnology-enhanced materials are pushing the boundaries of anti-corrosion performance. Around 30% of recent product innovations are centered on features like self-healing surfaces and extended durability, underscoring the growing role of R&D in delivering next-gen protective coatings for industrial use.
Anti-Corrosion Coatings Market Recent Developments
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In January 2024, AkzoNobel acquired a specialty coatings manufacturer, enhancing its lineup of anti‑corrosion coatings to cover more industrial and marine applications.
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In May 2024, Axalta Coating Systems launched its Alesta BioCore powder coatings made from organic waste, reducing CO₂ emissions by up to 25% while delivering strong anti‑corrosion protection.
Anti-Corrosion Coatings Market Segment Analysis
In this report, the Anti-Corrosion Coatings Market has been segmented by Type, Material, Technology, End-Use Industry, and Geography.
Anti-Corrosion Coatings Market, Segmentation by Type
The Anti-Corrosion Coatings Market has been segmented by Type into Water-based, Solvent-based, Powder, and Others.
Water-based
Water-based coatings capture around 35%–38% of the global market and are gaining traction for their low environmental impact. Their low VOC content and compliance with eco-regulations make them ideal for residential, infrastructure, and light industrial use.
Solvent-based
Holding the largest share of approximately 40%–43%, solvent-based coatings are preferred for their rugged durability and high corrosion resistance. These are used extensively in offshore structures, pipelines, and marine coatings.
Powder
Powder coatings represent about 15%–17% of the market and are popular for their solvent-free formulation. They provide a highly durable finish and are utilized in automotive parts, furniture, and electrical enclosures.
Others
Encompassing 4%–6%, this segment includes UV-cured and high-solid anti-corrosion coatings. These are adopted in specialty applications that demand rapid curing, environmental safety, or thicker film builds.
Anti-Corrosion Coatings Market, Segmentation by Material
The Anti-Corrosion Coatings Market has been segmented by Material into Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber, and Others.
Epoxy
Epoxy coatings lead the anti-corrosion coatings market with a share of 40%–42%. Known for their superior adhesion and resistance to chemicals and moisture, they are extensively used in infrastructure protection and industrial equipment.
Polyurethane
Capturing about 20%–22% of the market, polyurethane coatings are preferred for their excellent UV stability, abrasion resistance, and long-lasting aesthetics. They are widely applied in automotive finishes and outdoor metal surfaces.
Acrylic
Acrylic coatings comprise 12%–14% of the market and offer fast-drying properties along with color retention. These coatings are suitable for use in residential buildings, facades, and light industrial settings.
Alkyd
Alkyd coatings make up 8%–10% of the global share. These are budget-friendly and effective in mildly corrosive environments, particularly for metal fabrication and construction applications.
Zinc
Zinc-rich coatings, holding about 7%–9% of the market, provide galvanic protection to steel substrates. They are crucial in protecting bridges, oil rigs, and underwater pipelines.
Chlorinated Rubber
Chlorinated rubber coatings represent 5%–6% and are known for their water repellency and quick drying characteristics. These are commonly used in marine structures and water-retaining systems.
Others
The "Others" segment, contributing 2%–3%, includes fluorinated polymers and hybrid coatings used in high-performance industrial environments where extreme conditions prevail.
Anti-Corrosion Coatings Market, Segmentation by Technology
The Anti-Corrosion Coatings Market has been segmented by Technology into Solventborne, Waterborne, Powder, UV Cured, and Others.
Solventborne
Solventborne coatings lead the market with a share of 40%–43%, thanks to their excellent corrosion resistance and performance in extreme industrial conditions. They remain widely used in marine, automotive, and heavy-duty applications.
Waterborne
With a share of 30%–32%, waterborne coatings are gaining momentum due to eco-friendly formulations and regulatory push for low-VOC products. These coatings are ideal for public infrastructure and commercial buildings.
Powder
Powder coatings, comprising 15%–17% of the market, are valued for their zero solvent emissions, high mechanical strength, and environmental safety. They are frequently used in metal furniture, pipelines, and agricultural equipment.
UV Cured
UV cured technology, with a share of 6%–7%, offers rapid curing times and minimal energy consumption. These coatings are favored in electronics, plastics, and automotive interiors.
Others
Other technologies make up about 3%–4% and include electrodeposition and hybrid coatings designed for precision applications in high-performance machinery and defense equipment.
Anti-Corrosion Coatings Market, Segmentation by End-Use Industry
The Anti-Corrosion Coatings Market has been segmented by End-Use Industry into Marine, Oil & Gas, Industrial, Infrastructure, Power Generation, Automotive & Transportation, and Others.
Marine
Accounting for 22%–25% of the market, the marine sector demands anti-corrosion coatings for superior resistance to saline water and biofouling. These coatings are vital for extending the lifespan of ship hulls, cargo vessels, and offshore structures.
Oil & Gas
With a market share of 20%–22%, oil and gas industries rely on coatings to withstand abrasion, chemicals, and extreme temperatures. They protect pipelines, valves, and drilling equipment.
Industrial
Industrial usage, comprising 18%–20%, includes coatings for heavy machinery, metal frameworks, and process vessels. These coatings improve efficiency and reduce maintenance downtime in factories.
Infrastructure
This segment contributes 15%–17% and includes protection for urban structures like bridges and public utilities. Coatings in this sector help extend asset life and reduce repair costs.
Power Generation
Representing 8%–10%, power plants use these coatings on heat exchangers, turbines, and electrical enclosures. The goal is to resist corrosion caused by moisture, heat, and industrial pollutants.
Automotive & Transportation
With a share of 7%–9%, this segment applies coatings to vehicle exteriors, chassis, and transport systems to prevent oxidation, particularly in regions with high humidity or road salting.
Others
Encompassing 3%–5%, this segment includes aerospace parts, defense vehicles, and farming equipment, where corrosion resistance is vital for performance and safety.
Anti-Corrosion Coatings Market, Segmentation by Geography
In this report, the Anti-Corrosion Coatings Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Anti-Corrosion Coatings Market Share (%), by Geographical Region
North America
Holding 28%–30% of the global share, North America remains a key market due to its well-developed infrastructure, strong demand from the automotive and marine sectors, and regulatory emphasis on eco-friendly coatings.
Europe
Europe represents 24%–26% of the market, backed by ongoing infrastructure modernization, oilfield developments, and a rising shift toward sustainable anti-corrosion technologies.
Asia Pacific
Asia Pacific leads with a dominant 33%–35% share, driven by rapid industrialization, expanding urban infrastructure, and large-scale manufacturing activities across emerging economies.
Middle East and Africa
Accounting for 6%–7%, this region is witnessing increased demand for coatings in petrochemical facilities, desalination plants, and transport networks under development across the GCC.
Latin America
With a share of 5%–6%, Latin America’s market is growing due to industrial revitalization and investments in public infrastructure projects, especially in Brazil, Argentina, and Chile.
Anti-Corrosion Coatings Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Anti-Corrosion Coatings Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
---|---|---|---|---|---|
Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growth in infrastructure development projects
- Rising demand from marine industry
- Expansion in oil and gas sector
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Stringent regulations for equipment protection - Stringent regulations for equipment protection are a major driver in the anti-corrosion coatings market. Governments and regulatory bodies across the globe have established mandatory standards for corrosion prevention in infrastructure, industrial equipment, and public utilities. These regulations aim to enhance worker safety, environmental protection, and equipment longevity, creating a growing demand for advanced corrosion-resistant coatings.
Industries operating in high-risk environments, such as offshore platforms, chemical processing plants, and transportation networks, must adhere to strict guidelines regarding coating durability, chemical resistance, and surface performance. This has led to increased adoption of coatings that meet or exceed ISO, NACE, and ASTM standards, ensuring compliance and minimizing operational risk.
Public infrastructure projects, including bridges, pipelines, power transmission lines, and water treatment facilities, are also subject to regulatory inspections and service-life requirements. Coatings that provide long-term protection against saltwater exposure, acidic environments, and fluctuating temperatures are crucial to meeting these demands. As a result, industries are investing in high-performance coating systems that offer certified protection and measurable results.
With environmental and safety regulations becoming increasingly strict, manufacturers that offer compliant, eco-friendly, and high-durability coatings are gaining a competitive edge. These regulations not only drive product innovation but also push end-users to upgrade their corrosion protection strategies to avoid legal penalties and ensure operational integrity.
Restraints:
- High cost of raw materials
- Complex application and curing processes
- Volatile environmental regulations worldwide
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Limited awareness in underdeveloped regions - Limited awareness in underdeveloped regions is a key restraint affecting the growth of the anti-corrosion coatings market. In many low-income or industrializing countries, knowledge about preventive maintenance and surface protection remains minimal. This leads to a lack of investment in advanced coating systems and a reliance on basic or outdated protective measures that fail to prevent long-term corrosion damage.
Infrastructural challenges, limited technical expertise, and low budgets hinder the adoption of high-quality corrosion-resistant coatings in these markets. Many local businesses and government agencies do not prioritize corrosion control as part of infrastructure planning or asset management. As a result, equipment and facilities suffer from premature wear, increased downtime, and higher repair costs.
Another barrier is the lack of trained applicators, inadequate product awareness, and limited access to certified coating solutions. Manufacturers often do not have a strong market presence or distribution networks in underdeveloped regions, making it difficult to introduce new technologies. The absence of regulatory enforcement and quality standards further delays market penetration.
Addressing this restraint requires investment in education, training programs, and local partnerships that build awareness of the economic and structural benefits of anti-corrosion coatings. With better outreach and regional support, the industry can tap into these underserved markets and stimulate long-term growth.
Opportunities:
- Innovation in eco-friendly formulations
- Growing industrialization in emerging economies
- Advancements in nanocoating technologies
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Expansion in renewable energy infrastructure - Expansion in renewable energy infrastructure presents a major opportunity for the anti-corrosion coatings market. As global investments in wind, solar, hydro, and geothermal energy projects continue to rise, the need for protective coatings that enhance the durability of structural components is becoming increasingly critical. These infrastructure assets are often deployed in harsh outdoor and marine environments, making them highly susceptible to corrosion.
Wind turbines, offshore platforms, transmission towers, and energy storage facilities must be protected from humidity, salt spray, UV radiation, and extreme temperatures. Anti-corrosion coatings provide a cost-effective solution to ensure reliability, reduced maintenance, and extended service life of these assets. The shift toward clean energy adoption is creating demand for high-performance coatings that align with environmental and structural safety goals.
Government support for renewable energy—including tax credits, grants, and green infrastructure spending—is accelerating project development worldwide. This results in increased demand for certified, eco-friendly, and long-lasting protective coatings for metal, concrete, and composite surfaces used in power generation systems. Manufacturers offering solutions compatible with renewable industry requirements can capture a growing share of this expanding market.
As nations target carbon neutrality and energy security, the role of corrosion protection in clean energy systems becomes more prominent. Companies that innovate in low-VOC, solvent-free, or hybrid coating technologies will gain an advantage as they support the sustainability and reliability of renewable energy infrastructure worldwide.
Anti-Corrosion Coatings Market Competitive Landscape Analysis
Key players in Anti-Corrosion Coatings Market include;
- PPG Industries, Inc.
- AkzoNobel N.V.
- The Sherwin-Williams Company
- Axalta Coating Systems LTD.
- BASF SE
- Hempel A/S
- Jotun
- Ashland Inc.
- RPM International Inc.
- Kansai Paint Co., LTD
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Material
- Market Snapshot, By Technology
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Anti-Corrosion Coatings Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growth in infrastructure development projects
- Rising demand from marine industry
- Expansion in oil and gas sector
- Stringent regulations for equipment protectio
- Restraints
- High cost of raw materials
- Complex application and curing processes
- Volatile environmental regulations worldwide
- Limited awareness in underdeveloped regions
- Opportunities
- Innovation in eco-friendly formulations
- Growing industrialization in emerging economies
- Advancements in nanocoating technologies
- Expansion in renewable energy infrastructure
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Anti-Corrosion Coatings Market, By Type, 2021 - 2031 (USD Million)
- Water-based
- Solvent-based
- Powder
- Others
- Anti-Corrosion Coatings Market, By Material, 2021 - 2031 (USD Million)
- Epoxy
- Polyurethane
- Acrylic
- Alkyd
- Zinc
- Chlorinated Rubber
- Others
- Global Anti-Corrosion Coatings Market, By Technology, 2021 - 2031 (USD Million)
- Solventborne
- Waterborne
- Powder
- UV Cured
- Others
- Global Anti-Corrosion Coatings Market, By End-Use, 2021 - 2031 (USD Million)
- Marine
- Oil & Gas
- Industrial
- Infrastructure
- Power Generation
- Automotive & Transportation
- Others
- Global Anti-Corrosion Coatings Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN(Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Anti-Corrosion Coatings Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- PPG Industries, Inc.
- AkzoNobel N.V.
- The Sherwin-Williams Company
- Axalta Coating Systems LTD.
- BASF SE
- Hempel A/S
- Jotun
- Ashland Inc.
- RPM International Inc.
- Kansai Paint Co., LTD
- Company Profiles
- Analyst Views
- Future Outlook of the Market