Anti-Corrosion Coatings Market Size and Share

Anti-Corrosion Coatings Market (2026 - 2031)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Anti-Corrosion Coatings Market Analysis by Mordor Intelligence

The Anti-Corrosion Coatings Market size was valued at USD 24.84 billion in 2025 and is estimated to grow from USD 25.62 billion in 2026 to reach USD 29.87 billion by 2031, at a CAGR of 3.12% during the forecast period (2026-2031). Demand is advancing because governments are tightening volatile-organic-compound thresholds, ship operators must meet the International Maritime Organization’s new Carbon Intensity Indicator grades, and asset owners are shortening recoating cycles to protect higher-value infrastructure. In parallel, epoxy raw-material volatility and anti-dumping duties on Asian resin imports are squeezing formulators, prompting a shift toward water-borne and high-solids chemistries that reduce exposure to diisocyanates. Capital allocated to highway, bridge, and offshore-wind projects in the United States, European Union, and Japan is anchoring long-duration volume, while Asia-Pacific’s petrochemical and pipeline workstreams keep the Anti-Corrosion Coatings market on a solid baseline. Competition remains moderate: the five largest suppliers hold about 40% of global capacity, yet regional specialists win niche contracts by offering powder, UV-cured, and foul-release systems that deliver faster cure and zero VOCs.

Key Report Takeaways

  • By resin type, epoxy captured 38.98% of the anti-corrosion coatings market share in 2025, while polyurethane is projected to post the fastest 3.81% CAGR through 2031.
  • By technology, solvent-borne systems retained 57.66% revenue share in 2025; water-borne alternatives are set to expand at a 3.72% CAGR to 2031.
  • By end-user industry, oil and gas held 32.29% of the anti-corrosion coatings market size in 2025, whereas infrastructure projects are advancing at a 4.12% CAGR over 2026-2031.
  • By geography, Asia-Pacific commanded 46.72% revenue in 2025; the Middle East and Africa region is forecast to grow at a 3.41% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Resin Type: Epoxy Dominance Meets Polyurethane Momentum

Epoxy systems represented 38.98% of the Anti-Corrosion Coatings market share in 2025, underscoring the chemistry’s adhesion to steel and compatibility with cathodic-protection schemes. The Anti-Corrosion Coatings market size attributable to epoxy is projected to climb at a steady clip as refiners, pipeline operators, and offshore platforms renew tank linings and splash-zone barriers. Polyurethane demand is rising faster, expanding 3.81% CAGR, because onshore wind towers, solar frames, and façade steel require UV stability and color retention.

Alkyd and polyester resins persist in cost-sensitive niches, yet their growth trails the overall Anti-Corrosion Coatings market. Hybrid epoxy-primer plus polyurethane topcoat systems are blurring category lines, rewarding suppliers that validate cross-link compatibility through accelerated weathering. Self-healing and corrosion-sensing pigments, highlighted by 14 Akzo Nobel patents in 2024-25, point to next-generation chemistries that could elongate maintenance intervals beyond 25 years, strengthening premium positions within the Anti-Corrosion Coatings industry.

Anti-Corrosion Coatings Market: Market Share by Resin Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Technology: Solvent-Borne Retreat, Water-Borne Advance

Solvent-borne platforms held 57.66% of the Anti-Corrosion Coatings market in 2025, thanks to rapid dry times and robust performance in humid marine yards. However, regulatory pressure and worker-exposure limits are steering asset owners toward 85-90% solids or water-borne systems that cut VOCs by up to 60%. Water-borne volumes will grow at 3.72% through 2031, gradually eroding solvent-borne share within the overall Anti-Corrosion Coatings market size.

Powder and UV-cured systems remain single-digit slices, constrained by oven-curing footprints and line-of-sight limitations, yet they thrive in appliances, rebar, and flat-panel sub-sectors where zero VOCs unlock air-permit exemptions. These eco-friendly niches, while small, deliver above-average margins, attracting R&D funds from both multinationals and agile regional players determined to capture specialty Anti-Corrosion Coatings market value.

By End-User Industry: Oil and Gas Leadership, Infrastructure Acceleration

Oil and gas dominated 32.29% of 2025 demand, reflecting nonstop maintenance of offshore jackets, storage tanks, and gathering lines. That slice fluctuates with crude prices, so suppliers diversify toward infrastructure segments that are forecast to expand at a 4.12% CAGR and add durable tonnage to the Anti-Corrosion Coatings market size.

Marine, power generation, and industrial facilities together occupy the balance. IMO hull-recoating cycles and LNG CUI standards are ratcheting performance thresholds upward, pushing buyers toward high-solids epoxies and silicone foul-release topcoats. Infrastructure’s bridge-and-tunnel backlog makes it the steadiest growth vector, enabling the Anti-Corrosion Coatings industry to cushion cyclical oil-price swings with government-funded workstreams.

Anti-Corrosion Coatings Market: Market Share by End-user Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

Asia-Pacific generated 46.72% of the Anti-Corrosion Coatings market revenue in 2025, backed by China’s eight new refineries totaling 2.4 million b/d and India’s coastal pipeline rehabilitation initiatives. The Anti-Corrosion Coatings market size in the region swells further as Southeast Asian operators extend 18,000 km of subsea lines and Japanese authorities funnel JPY 5.3 trillion into bridge lifeline upgrades.

In North America, the USD 110 billion US bridge budget is channeling demand for SSPC-certified three-coat systems, while Canada’s oil sands keep high-temperature epoxy-phenolic orders consistent. Europe’s 20% share rides on North Sea offshore wind and Autobahn bridge replacements, both specifying ISO 12944-C5-M coatings that drive premium pricing.

The Middle East & Africa is the fastest rising geography at 3.41% CAGR. Saudi Aramco’s USD 12 billion Marjan and Berri expansions, ADNOC’s sour-gas megaproject, and Gulf desalination plants collectively ensure steady throughput for suppliers able to meet hydrogen-sulfide and brine-exposure criteria. Latin America and South Asia trail but offer episodic surges tied to Petrobras pre-salt maintenance and Indian port construction. This mosaic keeps the Anti-Corrosion Coatings market geographically diversified, limiting overreliance on a single demand hub.

Anti-Corrosion Coatings Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

The Anti-Corrosion Coatings market is moderately fragmented. Regional challengers carve profitable corners with powder, UV-cured, and niche epoxy-novolac systems, offering fast turnaround and zero VOCs that bypass new air permits. Digital platforms are emerging as tie-breakers; Hempel’s Oceanics software schedules hull-cleaning windows based on real-world vessel data, embedding service revenue beyond the coating gallon. M&A remains a favored route, these transactions reveal a market where scale plus specialized chemistry is the winning formula, preserving moderate concentration while allowing agile entrants to flourish in high-growth pockets of the Anti-Corrosion Coatings market.

Anti-Corrosion Coatings Industry Leaders

  1. Akzo Nobel N.V.

  2. Hempel A/S

  3. Jotun

  4. PPG Industries, Inc.

  5. The Sherwin-Williams Company

  6. *Disclaimer: Major Players sorted in no particular order
Anti-Corrosion Coatings Market - Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • May 2025: Researchers integrated PEDOT into UV-curable acrylics, enabling solvent-free corrosion protection with improved conductivity, targeting electronics housings subject to salt atmosphere exposure.
  • March 2025: Hebrew University unveiled a dual-layer coating using N-heterocyclic carbene monolayers plus polymer topcoats, achieving 99.6% corrosion inhibition on carbon steel coupons.

Table of Contents for Anti-Corrosion Coatings Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Infrastructure-renewal super-cycle in US, European Union and Japan
    • 4.2.2 Offshore wind-farm coating boom
    • 4.2.3 Offshore pipeline life-extension spend in Asia-Pacific
    • 4.2.4 IMO CII rules driving more frequent hull recoating
    • 4.2.5 CUI-driven specification upgrades at LNG terminals
  • 4.3 Market Restraints
    • 4.3.1 Global VOC / isocyanate exposure caps tightening
    • 4.3.2 Epoxy raw-material price spikes (Bis-A, ECH)
    • 4.3.3 Deferred CAPEX in oil-&-gas downturn cycles
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Resin Type
    • 5.1.1 Epoxy
    • 5.1.2 Alkyds
    • 5.1.3 Polyester
    • 5.1.4 Polyurethane
    • 5.1.5 Vinyl Ester
    • 5.1.6 Other Resin Types
  • 5.2 By Technology
    • 5.2.1 Water-borne
    • 5.2.2 Solvent-borne
    • 5.2.3 Powder
    • 5.2.4 UV-cured
  • 5.3 By End-user Industry
    • 5.3.1 Oil and Gas
    • 5.3.2 Marine
    • 5.3.3 Power
    • 5.3.4 Infrastructure
    • 5.3.5 Industrial
    • 5.3.6 Aerospace and Defense
    • 5.3.7 Transportation
    • 5.3.8 Other End-user Industries
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN Countries
    • 5.4.1.6 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Spain
    • 5.4.3.5 Italy
    • 5.4.3.6 NORDIC Countries
    • 5.4.3.7 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 South Africa
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials, Strategic Information, Products and Services, Recent Developments)
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 Axalta Coating Systems, LLC
    • 6.4.3 BASF
    • 6.4.4 Beckers Group
    • 6.4.5 Berger Paints India
    • 6.4.6 Carboline
    • 6.4.7 Chugoku Marine Paints, Ltd.
    • 6.4.8 H.B. Fuller Company
    • 6.4.9 Hempel A/S
    • 6.4.10 Jotun
    • 6.4.11 Kansai Paint Co., Ltd.
    • 6.4.12 Nippon Paint Holdings Co., Ltd.
    • 6.4.13 PPG Industries, Inc.
    • 6.4.14 RPM International Inc.
    • 6.4.15 Sika AG
    • 6.4.16 Teknos Group
    • 6.4.17 The Sherwin-Williams Company
    • 6.4.18 Tikkurila

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Anti-Corrosion Coatings Market Report Scope

Anti-corrosion coatings provide protection to metal components from rust, salt spray, moisture, oxidation, and other industrial chemicals and corrosive environments. The anti-corrosive properties of these coatings ensure the longer lifespan of metal components.

The anti-corrosion coatings market is segmented by resin type, technology, end-user industry, and geography. By resin type, the market is segmented into epoxy, polyester, polyurethane, vinyl ester, and other resin types. By technology, the market is segmented into water-borne, solvent-borne, powder, and UV-cured. By end-user industry, the market is segmented into oil & gas, marine, power, infrastructure, industrial, aerospace and defense, transportation, and other end-user industries. The report also covers the market size and forecasts for the anti-corrosion coatings market in 18 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD).

By Resin Type
Epoxy
Alkyds
Polyester
Polyurethane
Vinyl Ester
Other Resin Types
By Technology
Water-borne
Solvent-borne
Powder
UV-cured
By End-user Industry
Oil and Gas
Marine
Power
Infrastructure
Industrial
Aerospace and Defense
Transportation
Other End-user Industries
By Geography
Asia-PacificChina
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Spain
Italy
NORDIC Countries
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
United Arab Emirates
South Africa
Nigeria
Rest of Middle-East and Africa
By Resin TypeEpoxy
Alkyds
Polyester
Polyurethane
Vinyl Ester
Other Resin Types
By TechnologyWater-borne
Solvent-borne
Powder
UV-cured
By End-user IndustryOil and Gas
Marine
Power
Infrastructure
Industrial
Aerospace and Defense
Transportation
Other End-user Industries
By GeographyAsia-PacificChina
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Spain
Italy
NORDIC Countries
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
United Arab Emirates
South Africa
Nigeria
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large will global demand for Anti-Corrosion Coatings be by 2031?

The Anti-Corrosion Coatings market is projected to reach USD 29.87 billion by 2031, reflecting a 3.12% CAGR from 2026 to 2031.

Which resin class dominates protective-coating applications?

Epoxy systems led the market with 38.98% share in 2025, driven by strong adhesion and chemical resistance on steel substrates.

Why are shipowners recoating hulls more frequently?

The International Maritime Organization’s Carbon Intensity Indicator grades penalize hull fouling, prompting operators to shorten dry-dock intervals and apply low-friction silicone or hydrogel coatings that cut fuel burn.

What region will add coatings demand fastest through 2031?

The Middle East & Africa segment is forecast to grow at 3.41% CAGR thanks to Saudi Aramco, ADNOC, and Gulf desalination investments.

How are regulations shaping technology choices?

Stricter VOC and isocyanate exposure limits are steering buyers toward water-borne, high-solids, and powder offerings that slash emissions without sacrificing corrosion protection.

Page last updated on:

Anti-Corrosion Coatings Market Report Snapshots