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 Industry;
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
- 2020, marked by technological advancements, regulatory changes, and industry trends. During this period, manufacturers focused on innovation to address emerging challenges and cater to evolving customer demands. Several key developments have shaped the market landscape and influenced its trajectory over the past two decades.
- 2018, One notable trend in recent years is the increasing adoption of eco-friendly and sustainable coatings in response to growing environmental concerns and regulatory pressures. Manufacturers have invested in research and development to formulate water-based, solvent-free, and low VOC coatings that offer effective corrosion protection while minimizing environmental impact.
- 2015, Another significant development in the Global Anti-Corrosion Coatings Market is the rising demand from emerging economies, particularly in Asia Pacific and Latin America. Rapid industrialization, infrastructure development, and urbanization in these regions have led to increased investments in corrosion protection solutions
Anti-Corrosion Coatings Market Segment Analysis
In this report, the Global 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.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Anti-Corrosion Coatings Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Industry Demand Surge
- Regulatory Compliance
-
Infrastructure Investments-Infrastructure investments present a significant driver for the Global Anti-Corrosion Coatings Market. As governments worldwide prioritize infrastructure development to support economic growth and enhance public safety, there is a heightened demand for corrosion protection solutions. Infrastructure projects such as bridges, highways, railways, ports, and pipelines require durable coatings to protect critical assets from corrosion, extending their service life and reducing maintenance costs. Moreover, with increasing urbanization and population growth, there is a growing need for modern infrastructure and utilities, further driving the demand for anti-corrosion coatings.
Infrastructure investments stimulate demand across various industries, including construction, transportation, energy, and utilities, creating a ripple effect that benefits the anti-corrosion coatings market. The expansion of infrastructure networks, particularly in emerging economies, presents significant opportunities for coating manufacturers and suppliers to capitalize on the growing demand for corrosion protection solutions. By providing effective and reliable coatings that meet the stringent performance requirements of infrastructure projects, manufacturers can position themselves to benefit from the sustained investment in global infrastructure development.
Restraints:
- Raw Material Price Volatility
- Environmental Concerns
-
Economic Uncertainty-Economic uncertainty represents a significant restraint for the Global Anti-Corrosion Coatings Market. Fluctuations in economic conditions, such as recessions, currency devaluations, and trade tensions, can impact overall business confidence and investment in infrastructure projects and industrial activities. During periods of economic uncertainty, companies may delay or scale back capital expenditures, including maintenance and corrosion protection initiatives, to conserve resources and mitigate financial risks. This reduced investment in infrastructure and industrial projects can directly affect the demand for anti-corrosion coatings, leading to a slowdown in market growth.
Economic uncertainty can create challenges for coating manufacturers and suppliers, including unpredictable demand patterns, supply chain disruptions, and pricing pressures. Businesses may face difficulties in forecasting future demand and adjusting production levels accordingly, leading to inefficiencies and excess inventory. Additionally, fluctuating currency exchange rates and trade policies can impact the cost of raw materials, affecting profit margins and pricing strategies. To navigate economic uncertainty successfully, companies in the anti-corrosion coatings market must remain agile, diversify their customer base, and focus on innovation to offer value-added solutions that address evolving market needs and challenges.
Opportunities:
- Emerging Markets
- Sustainable Solutions
-
Infrastructure Development-Infrastructure development serves as a key driver for the Global Anti-Corrosion Coatings Market, fueling demand for corrosion protection solutions across various sectors. As countries worldwide invest in expanding and modernizing their infrastructure networks, there is a growing need for durable coatings to safeguard critical assets from corrosion and extend their service life. Infrastructure projects encompass a wide range of sectors, including transportation (roads, bridges, railways), energy (pipelines, power plants), water and wastewater management (treatment facilities, pipelines), and telecommunications (towers, cables). The implementation of anti-corrosion coatings ensures the long-term integrity and reliability of infrastructure assets, reducing maintenance costs and enhancing public safety.
Infrastructure development initiatives stimulate economic growth, create job opportunities, and improve the overall quality of life for communities. Investments in infrastructure projects not only address current infrastructure deficiencies but also support future growth and development. Coating manufacturers and suppliers play a crucial role in supporting infrastructure development by providing innovative and high-performance corrosion protection solutions tailored to the specific needs of each project. By collaborating with infrastructure stakeholders and offering reliable coatings that meet regulatory requirements and industry standards, manufacturers can capitalize on the growing demand for anti-corrosion solutions driven by infrastructure development worldwide.
Competitive Landscape Analysis
Key players in Global 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
- 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 Industry
- Market Snapshot, By Region
- Anti-Corrosion Coatings Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Industry Demand Surge
- Regulatory Compliance
- Infrastructure Investments
- Restraints
- Raw Material Price Volatility
- Environmental Concerns
- Economic Uncertainty
- Opportunities
- Emerging Markets
- Sustainable Solutions
- Infrastructure Development
- 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 Industry, 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