Anti-Corrosion Coatings Market Forecasts to 2032 – Global Analysis By Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc-Rich, Chlorinated Rubber and Other Types), Material, Technology, Application, End User and By Geography
Description
According to Stratistics MRC, the Global Anti-Corrosion Coatings Market is accounted for $25.7 billion in 2025 and is expected to reach $33.4 billion by 2032 growing at a CAGR of 3.8% during the forecast period. Anti-corrosion coatings are specialized protective layers applied to metal and alloy surfaces to prevent or slow down oxidation and corrosion caused by moisture, chemicals, salt, or environmental exposure. These coatings act as a physical barrier between the substrate and corrosive elements, extending the service life and structural integrity of equipment and components. Common formulations include epoxy, polyurethane, acrylic, zinc-rich, and water-based coatings, tailored for use in industries such as oil and gas, marine, automotive, construction, and power generation. By minimizing maintenance costs and enhancing durability, anti-corrosion coatings play a crucial role in ensuring long-term operational reliability and safety.
Market Dynamics:
Driver:
Rising Infrastructure Development
The global surge in infrastructure development is a key driver for the anti-corrosion coatings market. Expanding construction projects, bridges, pipelines, and industrial facilities require durable protective coatings to withstand environmental stressors. Governments and private sectors are investing heavily in long-term infrastructure, especially in emerging economies. Anti-corrosion coatings ensure structural integrity, reduce maintenance costs, and extend asset lifespans. As urbanization accelerate and aging infrastructure demands refurbishment, the need for reliable corrosion protection continues to grow across multiple industries.
Restraint:
High Raw Material Costs
High raw material costs pose a significant restraint to the anti-corrosion coatings market. Essential ingredients like epoxy resins, zinc, and specialty additives are subject to price volatility due to supply chain disruptions and geopolitical factors. These rising costs impact production margins and limit affordability for end-users, especially in cost-sensitive sectors. Manufacturers face challenges balancing performance and price, prompting a shift toward alternative formulations and sustainable sourcing. Without cost stabilization, market growth may be hindered, particularly in developing regions.
Opportunity:
Advancements in technology
Technological advancements offer promising opportunities for the market. Innovations in nanotechnology, smart coatings, and environmentally friendly formulations are enhancing performance, durability, and application efficiency. Self-healing coatings and predictive maintenance systems are gaining traction in industrial settings. These breakthroughs reduce downtime, improve asset longevity, and align with sustainability goals. As R&D efforts intensify, new products are emerging that meet stringent regulatory standards while offering superior protection. This evolution is expected to unlock new markets.
Threat:
Stringent Regulatory Compliance
Stringent regulatory compliance presents a notable threat to the anti-corrosion coatings market. Environmental and safety regulations governing volatile organic compounds (VOCs), heavy metals, and chemical emissions are tightening globally. Manufacturers must invest in reformulating products to meet evolving standards, which increases costs and delays product launches. Non-compliance risks penalties and reputational damage. Navigating complex regulatory landscapes across regions adds operational challenges.
Covid-19 Impact:
The COVID-19 pandemic disrupted the anti-corrosion coatings market by slowing industrial activity, delaying infrastructure projects, and straining global supply chains. Lockdowns and reduced workforce availability impacted production and application schedules. However, the crisis also highlighted the importance of asset protection and maintenance, especially in critical sectors like energy and transportation. Post-pandemic recovery has reignited demand, with increased focus on resilient infrastructure and sustainable coatings. The market is now rebounding, supported by renewed investment and technological innovation.
The polyurethane segment is expected to be the largest during the forecast period
The polyurethane segment is expected to account for the largest market share during the forecast period, due to its excellent abrasion resistance, flexibility, and chemical durability, polyurethane coatings are widely used across construction, automotive, and industrial sectors. Their ability to perform in harsh environments and provide long-lasting protection makes them a preferred choice for both new builds and maintenance applications. As infrastructure expands and performance demands rise, polyurethane coatings continue to lead due to their versatility and reliability.
The marine segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the marine segment is predicted to witness the highest growth rate, as marine environments expose structures to extreme moisture, saltwater, and chemical stress, necessitating robust protective solutions. Anti-corrosion coatings in this segment safeguard ships, offshore platforms, and port infrastructure, reducing maintenance and enhancing operational safety. With growing global trade, offshore energy exploration, and naval expansion, demand for high-performance marine coatings is surging. Innovations in water-based and eco-friendly formulations further support rapid growth in this sector.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid industrialization, urban expansion, and infrastructure investment in countries like China, India, and Southeast Asia are driving demand. The region’s robust manufacturing base and rising construction activity fuel widespread adoption of protective coatings. Government initiatives promoting sustainable development and asset longevity further support market growth. Asia Pacific’s diverse industrial landscape and cost-effective production capabilities position it as a dominant force in the global market.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to region’s focus on infrastructure modernization, energy security, and environmental compliance drives demand for advanced coatings. Investments in oil and gas, transportation, and marine sectors are accelerating adoption. Technological innovation, strong regulatory frameworks, and emphasis on sustainability contribute to rapid growth. With leading manufacturers and research institutions, North America is poised to lead in developing next-generation anti-corrosion solutions.
Key players in the market
Some of the key players in Anti-Corrosion Coatings Market include Akzo Nobel N.V., AICA Kogyo Co., Ltd., PPG Industries, Inc., Tnemec Company, Inc., The Sherwin-Williams Company, Asian Paints Limited, Jotun A/S, Carboline Company, Hempel A/S, Ashland Global Holdings Inc., Axalta Coating Systems, Kansai Paint Co., Ltd., BASF SE, RPM International Inc., and Nippon Paint Holdings Co., Ltd.
Key Developments:
In October 2025, BASF SE has entered a binding agreement to divest the majority stake in its automotive OEM, refinish coatings and surface-treatment business—valued at €7.7 billion—to funds managed by The Carlyle Group, while retaining a 40% equity interest and receiving approximately €5.8 billion in upfront cash; the transaction is expected to close in Q2 2026, positioning the coatings unit as a standalone leader under Carlyle’s management.
In July 2025, BASF SE and Equinor ASA have signed a long-term strategic partnership to deliver up to 23 terawatt-hours (about 2 billion cubic metres) of natural gas annually for ten years, securing a major share of BASF’s energy and feedstock supply in Europe while supporting its sustainability goals.
Types Covered:
• Epoxy
• Polyurethane
• Acrylic
• Alkyd
• Zinc-Rich
• Chlorinated Rubber
• Other Types
Materials Covered:
• Polymer-Based
• Metal-Based
• Ceramic-Based
• Hybrid
Technologies Covered:
• Solvent-Borne
• Water-Borne
• Powder Coatings
• High-Solid Coatings
• UV-Cured Coatings
Applications Covered:
• Marine
• Oil & Gas
• Industrial
• Infrastructure
• Power Generation
• Automotive & Transportation
• Aerospace & Defense
• Other Applications
End Users Covered:
• Construction
• Manufacturing
• Energy
• Transportation
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Market Dynamics:
Driver:
Rising Infrastructure Development
The global surge in infrastructure development is a key driver for the anti-corrosion coatings market. Expanding construction projects, bridges, pipelines, and industrial facilities require durable protective coatings to withstand environmental stressors. Governments and private sectors are investing heavily in long-term infrastructure, especially in emerging economies. Anti-corrosion coatings ensure structural integrity, reduce maintenance costs, and extend asset lifespans. As urbanization accelerate and aging infrastructure demands refurbishment, the need for reliable corrosion protection continues to grow across multiple industries.
Restraint:
High Raw Material Costs
High raw material costs pose a significant restraint to the anti-corrosion coatings market. Essential ingredients like epoxy resins, zinc, and specialty additives are subject to price volatility due to supply chain disruptions and geopolitical factors. These rising costs impact production margins and limit affordability for end-users, especially in cost-sensitive sectors. Manufacturers face challenges balancing performance and price, prompting a shift toward alternative formulations and sustainable sourcing. Without cost stabilization, market growth may be hindered, particularly in developing regions.
Opportunity:
Advancements in technology
Technological advancements offer promising opportunities for the market. Innovations in nanotechnology, smart coatings, and environmentally friendly formulations are enhancing performance, durability, and application efficiency. Self-healing coatings and predictive maintenance systems are gaining traction in industrial settings. These breakthroughs reduce downtime, improve asset longevity, and align with sustainability goals. As R&D efforts intensify, new products are emerging that meet stringent regulatory standards while offering superior protection. This evolution is expected to unlock new markets.
Threat:
Stringent Regulatory Compliance
Stringent regulatory compliance presents a notable threat to the anti-corrosion coatings market. Environmental and safety regulations governing volatile organic compounds (VOCs), heavy metals, and chemical emissions are tightening globally. Manufacturers must invest in reformulating products to meet evolving standards, which increases costs and delays product launches. Non-compliance risks penalties and reputational damage. Navigating complex regulatory landscapes across regions adds operational challenges.
Covid-19 Impact:
The COVID-19 pandemic disrupted the anti-corrosion coatings market by slowing industrial activity, delaying infrastructure projects, and straining global supply chains. Lockdowns and reduced workforce availability impacted production and application schedules. However, the crisis also highlighted the importance of asset protection and maintenance, especially in critical sectors like energy and transportation. Post-pandemic recovery has reignited demand, with increased focus on resilient infrastructure and sustainable coatings. The market is now rebounding, supported by renewed investment and technological innovation.
The polyurethane segment is expected to be the largest during the forecast period
The polyurethane segment is expected to account for the largest market share during the forecast period, due to its excellent abrasion resistance, flexibility, and chemical durability, polyurethane coatings are widely used across construction, automotive, and industrial sectors. Their ability to perform in harsh environments and provide long-lasting protection makes them a preferred choice for both new builds and maintenance applications. As infrastructure expands and performance demands rise, polyurethane coatings continue to lead due to their versatility and reliability.
The marine segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the marine segment is predicted to witness the highest growth rate, as marine environments expose structures to extreme moisture, saltwater, and chemical stress, necessitating robust protective solutions. Anti-corrosion coatings in this segment safeguard ships, offshore platforms, and port infrastructure, reducing maintenance and enhancing operational safety. With growing global trade, offshore energy exploration, and naval expansion, demand for high-performance marine coatings is surging. Innovations in water-based and eco-friendly formulations further support rapid growth in this sector.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid industrialization, urban expansion, and infrastructure investment in countries like China, India, and Southeast Asia are driving demand. The region’s robust manufacturing base and rising construction activity fuel widespread adoption of protective coatings. Government initiatives promoting sustainable development and asset longevity further support market growth. Asia Pacific’s diverse industrial landscape and cost-effective production capabilities position it as a dominant force in the global market.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to region’s focus on infrastructure modernization, energy security, and environmental compliance drives demand for advanced coatings. Investments in oil and gas, transportation, and marine sectors are accelerating adoption. Technological innovation, strong regulatory frameworks, and emphasis on sustainability contribute to rapid growth. With leading manufacturers and research institutions, North America is poised to lead in developing next-generation anti-corrosion solutions.
Key players in the market
Some of the key players in Anti-Corrosion Coatings Market include Akzo Nobel N.V., AICA Kogyo Co., Ltd., PPG Industries, Inc., Tnemec Company, Inc., The Sherwin-Williams Company, Asian Paints Limited, Jotun A/S, Carboline Company, Hempel A/S, Ashland Global Holdings Inc., Axalta Coating Systems, Kansai Paint Co., Ltd., BASF SE, RPM International Inc., and Nippon Paint Holdings Co., Ltd.
Key Developments:
In October 2025, BASF SE has entered a binding agreement to divest the majority stake in its automotive OEM, refinish coatings and surface-treatment business—valued at €7.7 billion—to funds managed by The Carlyle Group, while retaining a 40% equity interest and receiving approximately €5.8 billion in upfront cash; the transaction is expected to close in Q2 2026, positioning the coatings unit as a standalone leader under Carlyle’s management.
In July 2025, BASF SE and Equinor ASA have signed a long-term strategic partnership to deliver up to 23 terawatt-hours (about 2 billion cubic metres) of natural gas annually for ten years, securing a major share of BASF’s energy and feedstock supply in Europe while supporting its sustainability goals.
Types Covered:
• Epoxy
• Polyurethane
• Acrylic
• Alkyd
• Zinc-Rich
• Chlorinated Rubber
• Other Types
Materials Covered:
• Polymer-Based
• Metal-Based
• Ceramic-Based
• Hybrid
Technologies Covered:
• Solvent-Borne
• Water-Borne
• Powder Coatings
• High-Solid Coatings
• UV-Cured Coatings
Applications Covered:
• Marine
• Oil & Gas
• Industrial
• Infrastructure
• Power Generation
• Automotive & Transportation
• Aerospace & Defense
• Other Applications
End Users Covered:
• Construction
• Manufacturing
• Energy
• Transportation
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Anti-Corrosion Coatings Market, By Type
- 5.1 Introduction
- 5.2 Epoxy
- 5.3 Polyurethane
- 5.4 Acrylic
- 5.5 Alkyd
- 5.6 Zinc-Rich
- 5.7 Chlorinated Rubber
- 5.8 Other Types
- 6 Global Anti-Corrosion Coatings Market, By Material
- 6.1 Introduction
- 6.2 Polymer-Based
- 6.3 Metal-Based
- 6.4 Ceramic-Based
- 6.5 Hybrid
- 7 Global Anti-Corrosion Coatings Market, By Technology
- 7.1 Introduction
- 7.2 Solvent-Borne
- 7.3 Water-Borne
- 7.4 Powder Coatings
- 7.5 High-Solid Coatings
- 7.6 UV-Cured Coatings
- 8 Global Anti-Corrosion Coatings Market, By Application
- 8.1 Introduction
- 8.2 Marine
- 8.3 Oil & Gas
- 8.4 Industrial
- 8.5 Infrastructure
- 8.6 Power Generation
- 8.7 Automotive & Transportation
- 8.8 Aerospace & Defense
- 8.9 Other Applications
- 9 Global Anti-Corrosion Coatings Market, By End User
- 9.1 Introduction
- 9.2 Construction
- 9.3 Manufacturing
- 9.4 Energy
- 9.5 Transportation
- 9.6 Other End Users
- 10 Global Anti-Corrosion Coatings Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
- 11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
- 12 Company Profiling
- 12.1 Akzo Nobel N.V.
- 12.2 AICA Kogyo Co., Ltd.
- 12.3 PPG Industries, Inc.
- 12.4 Tnemec Company, Inc.
- 12.5 The Sherwin-Williams Company
- 12.6 Asian Paints Limited
- 12.7 Jotun A/S
- 12.8 Carboline Company
- 12.9 Hempel A/S
- 12.10 Ashland Global Holdings Inc.
- 12.11 Axalta Coating Systems
- 12.12 Kansai Paint Co., Ltd.
- 12.13 BASF SE
- 12.14 RPM International Inc.
- 12.15 Nippon Paint Holdings Co., Ltd.
- List of Tables
- Table 1 Global Anti-Corrosion Coatings Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Anti-Corrosion Coatings Market Outlook, By Type (2024-2032) ($MN)
- Table 3 Global Anti-Corrosion Coatings Market Outlook, By Epoxy (2024-2032) ($MN)
- Table 4 Global Anti-Corrosion Coatings Market Outlook, By Polyurethane (2024-2032) ($MN)
- Table 5 Global Anti-Corrosion Coatings Market Outlook, By Acrylic (2024-2032) ($MN)
- Table 6 Global Anti-Corrosion Coatings Market Outlook, By Alkyd (2024-2032) ($MN)
- Table 7 Global Anti-Corrosion Coatings Market Outlook, By Zinc-Rich (2024-2032) ($MN)
- Table 8 Global Anti-Corrosion Coatings Market Outlook, By Chlorinated Rubber (2024-2032) ($MN)
- Table 9 Global Anti-Corrosion Coatings Market Outlook, By Other Types (2024-2032) ($MN)
- Table 10 Global Anti-Corrosion Coatings Market Outlook, By Material (2024-2032) ($MN)
- Table 11 Global Anti-Corrosion Coatings Market Outlook, By Polymer-Based (2024-2032) ($MN)
- Table 12 Global Anti-Corrosion Coatings Market Outlook, By Metal-Based (2024-2032) ($MN)
- Table 13 Global Anti-Corrosion Coatings Market Outlook, By Ceramic-Based (2024-2032) ($MN)
- Table 14 Global Anti-Corrosion Coatings Market Outlook, By Hybrid (2024-2032) ($MN)
- Table 15 Global Anti-Corrosion Coatings Market Outlook, By Technology (2024-2032) ($MN)
- Table 16 Global Anti-Corrosion Coatings Market Outlook, By Solvent-Borne (2024-2032) ($MN)
- Table 17 Global Anti-Corrosion Coatings Market Outlook, By Water-Borne (2024-2032) ($MN)
- Table 18 Global Anti-Corrosion Coatings Market Outlook, By Powder Coatings (2024-2032) ($MN)
- Table 19 Global Anti-Corrosion Coatings Market Outlook, By High-Solid Coatings (2024-2032) ($MN)
- Table 20 Global Anti-Corrosion Coatings Market Outlook, By UV-Cured Coatings (2024-2032) ($MN)
- Table 21 Global Anti-Corrosion Coatings Market Outlook, By Application (2024-2032) ($MN)
- Table 22 Global Anti-Corrosion Coatings Market Outlook, By Marine (2024-2032) ($MN)
- Table 23 Global Anti-Corrosion Coatings Market Outlook, By Oil & Gas (2024-2032) ($MN)
- Table 24 Global Anti-Corrosion Coatings Market Outlook, By Industrial (2024-2032) ($MN)
- Table 25 Global Anti-Corrosion Coatings Market Outlook, By Infrastructure (2024-2032) ($MN)
- Table 26 Global Anti-Corrosion Coatings Market Outlook, By Power Generation (2024-2032) ($MN)
- Table 27 Global Anti-Corrosion Coatings Market Outlook, By Automotive & Transportation (2024-2032) ($MN)
- Table 28 Global Anti-Corrosion Coatings Market Outlook, By Aerospace & Defense (2024-2032) ($MN)
- Table 29 Global Anti-Corrosion Coatings Market Outlook, By Other Applications (2024-2032) ($MN)
- Table 30 Global Anti-Corrosion Coatings Market Outlook, By End User (2024-2032) ($MN)
- Table 31 Global Anti-Corrosion Coatings Market Outlook, By Construction (2024-2032) ($MN)
- Table 32 Global Anti-Corrosion Coatings Market Outlook, By Manufacturing (2024-2032) ($MN)
- Table 33 Global Anti-Corrosion Coatings Market Outlook, By Energy (2024-2032) ($MN)
- Table 34 Global Anti-Corrosion Coatings Market Outlook, By Transportation (2024-2032) ($MN)
- Table 35 Global Anti-Corrosion Coatings Market Outlook, By Other End Users (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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