The Corrosion Protection Coatings Market Size was valued at USD 12.73 Billion in 2023 and is expected to reach USD 19.04 Billion by 2032, growing at a CAGR of 4.57% over the forecast period of 2024-2032.
The Corrosion Protection Coatings Market is transforming as environmental impact regulations push for low-VOC, sustainable coatings. Rising end-user industry demand from construction, marine, and oil & gas sectors is driving innovation in high-performance solutions. Investment and funding trends highlight growing R&D for eco-friendly formulations. Meanwhile, geopolitical events are reshaping supply chains, affecting raw material costs and availability. A performance comparison of corrosion protection coatings reveals advancements in durability and adhesion, catering to industry needs. Compliance with industry-specific regulations and standards like ISO and ASTM remains crucial for manufacturers. Our report delivers an in-depth analysis of these evolving trends, offering valuable insights into the market’s future growth and opportunities.
The US Corrosion Protection Coatings Market Size was valued at USD 1.98 Billion in 2023 and is expected to reach USD 3.11 Billion by 2032, growing at a CAGR of 5.16% over the forecast period of 2024-2032. The U.S. Corrosion Protection Coatings Market is experiencing steady growth due to rising infrastructure investments, stringent environmental regulations, and advancements in coating technologies. Government initiatives, such as those by the U.S. Environmental Protection Agency (EPA), are driving demand for low-VOC, sustainable coatings. The National Association of Corrosion Engineers (NACE) highlights the high economic impact of corrosion, pushing industries toward advanced protective solutions. Additionally, key players like Sherwin-Williams and PPG Industries are investing in innovative, high-performance coatings for applications in construction, oil & gas, and marine sectors. Increasing R&D efforts and regulatory support are positioning the U.S. as a key market for corrosion protection coatings.
Drivers
Growing Preference for Smart Coatings with Self-Healing and Corrosion-Sensing Properties Enhancing Performance in Harsh Environments
The Corrosion Protection Coatings Market is witnessing increased demand for smart coatings equipped with self-healing and corrosion-sensing capabilities. These coatings incorporate microcapsules filled with corrosion inhibitors that release upon damage, automatically repairing cracks and preventing further degradation. Additionally, corrosion-sensing coatings contain embedded sensors that detect early signs of rust formation, enabling proactive maintenance before significant damage occurs. U.S. defense and aerospace sectors, backed by organizations like DARPA (Defense Advanced Research Projects Agency), are investing in smart coatings to enhance asset longevity and reduce operational downtime. Companies such as Nycote Laboratories and RPM International are pioneering smart coatings that provide real-time monitoring and adaptive protection. In industrial applications, corrosion-sensing coatings are integrated into pipelines, bridges, and offshore structures to detect environmental stressors and mitigate risks. These coatings reduce maintenance costs by extending the service life of assets, making them an attractive choice for industries requiring long-term protection. The integration of smart technologies in protective coatings is reshaping market dynamics, with increasing investments in R&D to further enhance coating functionalities.
Restraints
Volatility in Raw Material Prices Increasing Production Costs and Limiting Profitability for Corrosion Protection Coatings Manufacturers
Fluctuating raw material costs are a major challenge in the Corrosion Protection Coatings Market, affecting the profitability of manufacturers. Key raw materials such as resins, pigments, and specialty chemicals are subject to price volatility due to factors like supply chain disruptions, trade restrictions, and geopolitical tensions. Reports from the U.S. Chamber of Commerce indicate that shortages of essential chemicals and rising transportation costs have intensified pricing fluctuations for coatings manufacturers. Companies like BASF SE and Dow are exploring bio-based alternatives and advanced formulations to mitigate cost pressures. However, the transition to alternative raw materials requires extensive R&D investments, increasing production complexity. Additionally, sudden price hikes in petrochemical-based ingredients impact the affordability of solvent-based coatings, leading some manufacturers to reconsider their formulations. This pricing uncertainty makes it challenging for coatings manufacturers to maintain stable profit margins and compete in cost-sensitive markets. Unless supply chain stability improves and cost-effective sourcing strategies are implemented, price volatility will continue to be a restraint on the market’s growth.
Opportunities
Increasing Adoption of Corrosion Protection Coatings in Additive Manufacturing and 3D-Printed Metal Components
The rise of additive manufacturing (3D printing) is creating new opportunities in the Corrosion Protection Coatings Market, particularly for protecting metal components produced through this advanced technique. Industries such as aerospace, defense, and healthcare are increasingly utilizing 3D-printed metal parts that require specialized coatings to enhance durability and corrosion resistance. U.S. organizations such as America Makes (National Additive Manufacturing Innovation Institute) are investing in research to develop protective coatings for 3D-printed metal substrates. Companies like Carboline Company and Tnemec Company Inc. are exploring innovative coatings that improve the performance of lightweight, additively manufactured structures. Corrosion protection coatings tailored for 3D printing applications offer enhanced adhesion, flexibility, and thermal resistance, making them suitable for high-performance engineering applications. As 3D printing technology advances, the demand for coatings that provide long-term protection to printed metal parts is expected to increase, creating a promising growth avenue for coatings manufacturers.
Challenge
Complex Application Processes and High Skilled Labor Requirements Limiting Adoption of Advanced Corrosion Protection Coatings
The application of advanced corrosion protection coatings is highly technical, requiring precise surface preparation, correct mixing ratios, and specific environmental conditions for optimal adhesion and performance. Industries such as oil & gas, marine, and aerospace demand highly durable coatings, but the complexity of application often leads to inconsistencies in protection if not applied correctly. The U.S. Bureau of Labor Statistics reports a shortage of skilled coating applicators, making it challenging for industries to maintain high application standards. Improper application can lead to premature coating failure, increasing maintenance costs and asset downtime. Additionally, certain coatings require specialized equipment such as electrostatic spray systems or high-temperature curing processes, adding to operational expenses. Companies like Sherwin-Williams and Diamond Vogel are investing in training programs to bridge the skills gap, but workforce shortages remain a critical issue. Automated application technologies and robotics are emerging solutions, yet their high initial investment deters small and mid-sized businesses from adoption. Without widespread training initiatives and advancements in user-friendly coating technologies, the market’s growth may be constrained by the limited availability of skilled labor.
By Resin Type
Epoxy coatings dominated the corrosion protection coatings market in 2023 with a market share of 38.5%. Their exceptional adhesion, chemical resistance, and mechanical durability make them a preferred choice across various industries, including oil & gas, marine, infrastructure, and power generation. Epoxy coatings provide long-term corrosion resistance, particularly in harsh environments where exposure to moisture, chemicals, and extreme temperatures is common. The U.S. Department of Transportation (DOT) mandates the use of epoxy-based coatings for steel bridges and highways, ensuring their structural integrity. Similarly, the National Association of Corrosion Engineers (NACE) recognizes epoxy coatings as a standard for protecting pipelines and industrial equipment. The increasing adoption of fusion-bonded epoxy (FBE) coatings in pipeline protection and marine applications has further driven demand. Companies like Sherwin-Williams and PPG Industries have developed high-performance epoxy coatings with enhanced flexibility and low volatile organic compound (VOC) emissions, aligning with evolving environmental regulations. Additionally, the U.S. Environmental Protection Agency (EPA) has set stricter limits on VOC emissions, prompting manufacturers to innovate epoxy-based solutions with improved sustainability and compliance. With rising infrastructure spending and stricter corrosion prevention requirements, epoxy coatings remain the dominant segment.
By Technology
Solvent-borne coatings dominated and held the largest share in the corrosion protection coatings market in 2023, accounting for 56.2%. These coatings are widely favored for their superior durability, high-performance characteristics, and strong adhesion, making them ideal for heavy-duty industrial applications. Their ability to provide uniform coverage and excellent resistance to chemicals, UV rays, and moisture makes them indispensable in industries such as marine, oil & gas, and aerospace. Despite growing concerns about VOC emissions, solvent-borne coatings continue to dominate due to their ability to perform in extreme weather conditions, including high humidity and fluctuating temperatures. The U.S. Environmental Protection Agency (EPA) has imposed regulations on solvent-borne coatings, leading manufacturers to develop low-VOC formulations that maintain performance while reducing environmental impact. Companies such as Axalta Coating Systems and AkzoNobel have introduced high-solids solvent-borne coatings that comply with strict regulatory standards while ensuring corrosion protection in demanding environments. Furthermore, industries such as offshore oil rigs and defense infrastructure continue to rely on solvent-borne coatings due to their quick drying times and high resistance to mechanical wear. The continued advancements in environmentally friendly solvent-based formulations have helped this segment retain its market leadership despite regulatory challenges.
By End-use Industry
The construction industry dominated the corrosion protection coatings market in 2023, holding a 35.6% share. The surge in infrastructure projects, commercial buildings, and residential developments has fueled demand for high-performance protective coatings that extend the lifespan of structures. Corrosion protection coatings play a critical role in safeguarding bridges, highways, pipelines, and high-rise buildings from environmental damage, oxidation, and moisture penetration. The U.S. Infrastructure Investment and Jobs Act, which allocated $1.2 trillion for upgrading roads, bridges, and public transit, has significantly boosted demand for durable coatings. Additionally, epoxy and polyurethane coatings are extensively used to protect steel structures, reinforced concrete, and metal reinforcements in construction projects. Organizations such as The American Institute of Steel Construction (AISC) emphasize the importance of corrosion-resistant coatings to enhance structural longevity and reduce maintenance costs. Leading manufacturers like BASF SE and Hempel A/S continue to innovate in this sector, introducing advanced coatings with self-healing properties, UV resistance, and extended durability. The growing focus on sustainable and energy-efficient buildings has further propelled demand for low-VOC and waterborne corrosion protection coatings in construction applications.
The Asia Pacific region dominated the corrosion protection coatings market in 2023, holding a market share of 41.2%, driven by rapid industrialization, expanding infrastructure projects, and a thriving manufacturing sector. Countries like China, India, and Japan are at the forefront due to massive investments in construction, automotive, and oil & gas industries. China, the largest consumer, has seen significant growth in its shipbuilding industry, with companies like China State Shipbuilding Corporation (CSSC) increasing production. Additionally, China’s Belt and Road Initiative (BRI) has spurred demand for corrosion protection coatings in infrastructure projects. India, with its ambitious Smart Cities Mission and Bharatmala Project, has also fueled market expansion, leading to rising consumption of epoxy and polyurethane-based coatings for roads, bridges, and commercial structures. According to the Indian Brand Equity Foundation (IBEF), India's construction sector is expected to reach $1.4 trillion by 2025, significantly driving coatings demand. Japan, known for its advanced coatings technology, continues to invest in marine and automotive sectors, with companies like Nippon Paint Holdings and Kansai Paint pioneering high-performance coatings. Additionally, Southeast Asian nations, including Indonesia and Vietnam, are witnessing substantial investments in petrochemical facilities, ports, and power plants, further fueling demand for corrosion protection coatings in the region.
Moreover, North America emerged as the fastest-growing region in the corrosion protection coatings market during the forecast period, with a significant CAGR. The growth is driven by stringent environmental regulations, increasing infrastructure investments, and advancements in sustainable coatings technology. The U.S. dominates the region due to its heavy investments in oil & gas, marine, and transportation sectors. The U.S. Department of Energy (DOE) has launched several initiatives to enhance pipeline durability, increasing demand for high-performance coatings. Moreover, the Bipartisan Infrastructure Law allocates $550 billion for roads, bridges, and public transit upgrades, driving coatings demand in construction applications. Canada, the fastest-growing country, is witnessing increased demand due to rising investments in offshore oil exploration and marine industries, supported by companies like Hempel and Sherwin-Williams. The Canadian government’s Net-Zero Emissions 2050 strategy is pushing industries to adopt low-VOC waterborne coatings. Mexico, with its expanding automotive and manufacturing industries, has attracted global players like BASF and Axalta Coating Systems, who are investing in localized production to meet growing demand. The increasing emphasis on eco-friendly coatings and smart corrosion prevention technologies is further propelling North America's market growth.
Key Players
3M Company (Scotchkote Fusion-Bonded Epoxy, Scotchkote 323)
AkzoNobel N.V. (Interzone, Intergard)
Axalta Coating Systems Ltd. (Abcite, Alesta)
BASF SE (MasterProtect, CathoGuard)
Carboline Company (Carboguard, Carbozinc)
Chugoku Marine Paints Ltd. (Banmaru, Epofer)
Hempel A/S (Hempadur, AvantGuard)
Jotun A/S (Jotamastic, Barrier)
Kansai Paint Co., Ltd. (Zinc Rich Primer, Ecomarine)
Nippon Paint Holdings Co., Ltd. (Nippon Protect, Bodelac)
Nycote Laboratories Inc. (Nycote 7-11, Nycote 88)
PPG Industries Inc. (Amercoat, SigmaCover)
RPM International Inc. (Rust-Oleum High Performance, Tremco)
The Magni Group, Inc. (Magni 565, Magni 501)
The Sherwin-Williams Company (Macropoxy, Zinc Clad)
Tnemec Company Inc. (Series 66 Hi-Build Epoxoline, Series 27 Typoxy)
Wacker Chemie AG (SILRES BS, GENIOSIL)
Diamond Vogel (Peridium Powder Coatings, UltraGuard)
Ancatt Inc. (ZrGuard, Anti-Corrosion Nanocoatings)
Dow (Dowsil, DURATRON)
Recent Developments
December 2024: AkzoNobel partnered with Sinopec to support its global expansion by supplying high-performance coatings for overseas projects. The collaboration aimed to enhance corrosion resistance and sustainability in refining and chemical facilities.
November 2024: Carboline launched Carbothane DTM Mastic, a urethane-based coating for emergency maintenance. It offered superior corrosion protection and quick application for minimally prepared steel surfaces.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 12.73 Billion |
| Market Size by 2032 | USD 19.04 Billion |
| CAGR | CAGR of 4.57% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Resin Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber, Others) •By Technology (Water borne, Solvent borne, Powder based) •By End-use Industry (Construction, Oil & Gas, Marine, Automotive & Transportation, Power Generation, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | The Sherwin-Williams Company, PPG Industries Inc., AkzoNobel N.V., Jotun A/S, Kansai Paint Co., Ltd., Axalta Coating Systems Ltd., Hempel A/S, Nippon Paint Holdings Co., Ltd., BASF SE, RPM International Inc. and other key players |
Ans: The Corrosion Protection Coatings Market was valued at USD 12.73 Billion in 2023 and is projected to reach USD 19.04 Billion by 2032.
Ans: The Corrosion Protection Coatings Market is growing due to increasing demand from construction, marine, and oil & gas industries.
Ans: The Corrosion Protection Coatings Market is expected to grow at a CAGR of 4.57% from 2024 to 2032.
Ans: The Corrosion Protection Coatings Market faces challenges such as raw material price volatility and skilled labor shortages.
Ans: The Asia Pacific region dominated the Corrosion Protection Coatings Market in 2023 with a 41.2% market share.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Environmental impact regulations (VOC emissions, sustainability standards)
5.2 End-user Industry Demand Trends
5.3 Investment and Funding Analysis
5.4 Impact of Geopolitical Events on Market Trends
5.5 Performance Comparison of Corrosion Protection Coatings
5.6 Industry-specific Regulations and Standards
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Corrosion Protection Coatings Market Segmentation, by Resin Type
7.1 Chapter Overview
7.2 Epoxy
7.2.1 Epoxy Market Trends Analysis (2020-2032)
7.2.2 Epoxy Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Polyurethane
7.3.1 Polyurethane Market Trends Analysis (2020-2032)
7.3.2 Polyurethane Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Acrylic
7.4.1 Acrylic Market Trends Analysis (2020-2032)
7.4.2 Acrylic Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Alkyd
7.5.1 Alkyd Market Trends Analysis (2020-2032)
7.5.2 Alkyd Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Zinc
7.6.1 Zinc Market Trends Analysis (2020-2032)
7.6.2 Zinc Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Chlorinated Rubber
7.7.1 Chlorinated Rubber Market Trends Analysis (2020-2032)
7.7.2 Chlorinated Rubber Market Size Estimates and Forecasts to 2032 (USD Billion)
7.8 Chlorinated Rubber
7.8.1 Chlorinated Rubber Market Trends Analysis (2020-2032)
7.8.2 Chlorinated Rubber Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Corrosion Protection Coatings Market Segmentation, by Technology
8.1 Chapter Overview
8.2 Water borne
8.2.1 Water borne Market Trends Analysis (2020-2032)
8.2.2 Water borne Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Solvent borne
8.3.1 Solvent borne Market Trends Analysis (2020-2032)
8.3.2 Solvent borne Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Powder based
8.4.1 Powder based Market Trends Analysis (2020-2032)
8.4.2 Powder based Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Corrosion Protection Coatings Market Segmentation, by End-use Industry
9.1 Chapter Overview
9.2 Construction
9.2.1 Construction Market Trends Analysis (2020-2032)
9.2.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Oil & Gas
9.3.1 Oil & Gas Market Trends Analysis (2020-2032)
9.3.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Marine
9.4.1 Marine Market Trends Analysis (2020-2032)
9.4.2 Marine Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Automotive & Transportation
9.5.1 Automotive & Transportation Market Trends Analysis (2020-2032)
9.5.2 Automotive & Transportation Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Power Generation
9.6.1 Power Generation Market Trends Analysis (2020-2032)
9.6.2 Power Generation Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Others
9.7.1 Others Market Trends Analysis (2020-2032)
9.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.2.4 North America Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.2.5 North America Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.2.6.2 USA Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.2.6.3 USA Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.2.7.2 Canada Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.2.7.3 Canada Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.2.8.3 Mexico Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.1.6.3 Poland Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.1.7.3 Romania Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.5 Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.6.3 Germany Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.7.2 France Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.7.3 France Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.8.3 UK Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.9.3 Italy Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.10.3 Spain Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.13.3 Austria Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.5 Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.6.2 China Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.6.3 China Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.7.2 India Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.7.3 India Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.8.2 Japan Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.8.3 Japan Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.9.3 South Korea Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.10.3 Vietnam Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.11.3 Singapore Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.12.2 Australia Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.12.3 Australia Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.1.5 Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.1.6.3 UAE Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.2.4 Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.2.5 Africa Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.6.4 Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.6.5 Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.6.6.3 Brazil Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.6.7.3 Argentina Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.6.8.3 Colombia Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by Resin Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by Technology (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Corrosion Protection Coatings Market Estimates and Forecasts, by End-use Industry (2020-2032) (USD Billion)
11. Company Profiles
11.1 The Sherwin-Williams Company
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 PPG Industries Inc.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 AkzoNobel N.V.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Jotun A/S
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Kansai Paint Co., Ltd.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Axalta Coating Systems Ltd.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Hempel A/S
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Nippon Paint Holdings Co., Ltd.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 BASF SE
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 RPM International Inc.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
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Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Resin Type
Epoxy
Polyurethane
Acrylic
Alkyd
Zinc
Chlorinated Rubber
Others
By Technology
Water borne
Solvent borne
Powder based
By End-use Industry
Construction
Oil & Gas
Marine
Automotive & Transportation
Power Generation
Others
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Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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