Corrosion Protective Coatings - Global Strategic Business Report

Global Corrosion Protective Coatings Market to Reach $12.6 Billion by 2030

The global market for Corrosion Protective Coatings estimated at US$8 Billion in the year 2022, is projected to reach a revised size of US$12.6 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Solvent-Borne Epoxy, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solids Epoxy segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 10.3% CAGR

The Corrosion Protective Coatings market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Select Competitors (Total 42 Featured) -

• Ashland Inc.
• Axalta Coating System
• BASF Coatings
• Hempel A/S
• International Paint Limited
• Jotun A/S
• Koch Knight LLC
• PPG Industries Inc.
• Steuler-KCH GmbH
• The Sherwin-Williams Company

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• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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