Glass Flake Coating Market Size and Share

Glass Flake Coating Market (2026 - 2031)
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Glass Flake Coating Market Analysis by Mordor Intelligence

The Glass Flake Coating Market size is estimated at USD 1.82 billion in 2026, and is expected to reach USD 2.27 billion by 2031, at a CAGR of 4.52% during the forecast period (2026-2031). Adoption accelerates as asset owners shift from lowest-bid procurement toward life-cycle cost modeling, recognizing that dense lamellar barriers defer maintenance and extend overall asset life. Oil and gas pipeline integrity programs, offshore wind foundation deployment, and chemical plant debottlenecking jointly underpin robust demand, while epoxy formulation advances reduce cure schedules and open new ambient-temperature application windows. Supply chains remain exposed to resin price swings, yet vertical integration and long-term offtake agreements by leading suppliers shield project timelines. Regional specialists that can satisfy ISO 17025 laboratory accreditation and ISO 12944-9 fingerprinting carve defensible niches alongside multinational incumbents.

Key Report Takeaways

  • By substrate, steel accounted for 61.47% of the glass flake coating market share in 2025; concrete is expanding at a 5.82% CAGR through 2031.
  • By resin, vinyl ester held 39.36% share in 2025, while epoxy is growing at the fastest 5.94% CAGR through 2031.
  • By coating layer, intermediate coats led with 42.28% of the glass flake coating market size in 2025; topcoat is projected to rise at a 5.88% CAGR through 2031.
  • By end-user industry, oil and gas commanded 37.54% share in 2025, whereas chemical processing is forecast to post the highest 5.97% CAGR to 2031.
  • By geography, Asia Pacific commanded 46.31% share in 2025 and is forecast to post the highest 5.63% CAGR to 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 Substrate: Steel Dominance Reflects Infrastructure Legacy

Steel contributed 61.47% of the glass flake coating market size in 2025 on the strength of global pipeline networks, offshore platforms, tanker hulls, and process vessels. Lamellar flakes orient parallel to steel substrates, delivering diffusion paths up to 20 times longer than neat resin and meeting NORSOK M-501 splash-zone performance levels. Contractors and inspectors are trained almost exclusively on steel protocols, reinforcing the substrate’s hegemony. Coupling specifications with qualified workforce availability makes steel’s dominance self-reinforcing over the forecast period.

Concrete trails but advances at a 5.82% CAGR as Asia-Pacific infrastructure owners adopt glass flake epoxies to arrest chloride ingress in bridges and wastewater assets. ACI PRC-515.2-13 lists vinyl ester and epoxy coatings for high-acid environments, provided surface moisture and profile are tightly controlled. The higher porosity of concrete necessitates vapor-permeable primers or embedded scrims to mitigate blister risk, favoring turnkey suppliers that bundle surface preparation, primer, and overcoat warranties.

Glass Flake Coating Market: Market Share by Substrate
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By Resin: Vinyl Ester Incumbency Versus Epoxy Innovation

Vinyl ester retained 39.36% of the glass flake coating market share in 2025, supported by decades of splash-zone field performance under IOGP and IMO rules. Pre-approved formulations and known cathodic-disbondment behavior reduce owner risk in seawater immersion. However, epoxy is outpacing at a 5.94% CAGR through 2031 thanks to high cross-link densities and ambient cures that narrow historical performance gaps. Epoxies also bond better to marginally prepared steel, expanding retrofit suitability. Polyester remains confined to cost-sensitive construction applications, where 10-15-year service life suffices.

Glass Flake Coating Market: Market Share by Resin
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By Coating Layer: Intermediate Coats Drive System Thickness

Intermediate captured 42.28% of the glass flake coating market size in 2025 because IMO PSPC and NORSOK M-501 demand total dry film thickness of 1,000 µm or more. These mid-layers embed glass flakes to provide impermeability and mechanical strength, while primers focus on adhesion and topcoats on UV resistance. Topcoats nonetheless post a 5.88% CAGR as offshore wind and bridge projects specify color-stable polyurethane or polysiloxane finishes to reduce survey frequency. System suppliers that integrate all three layers under a single warranty capture specification preference.

Glass Flake Coating Market: Market Share by Coating Layer
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By End-user Industry: Oil and Gas Sets Performance Benchmarks

Oil and gas dominated with a 37.54% share in 2025, and its rigorous qualification regimes cascade into marine, chemical, and infrastructure procurement. Field data collected under API 579 fitness-for-service assessments continually validate long-term barrier performance, reinforcing reliance on glass flake packages. Chemical processing, rising at a 5.97% CAGR, deploys glass flake linings to handle hot acids and solvents without exotic alloy retrofits, exemplified by ChemLINE 784 and Protecto-Coat EPG installations. Marine adoption remains tethered to IMO compliance, but offshore wind is emerging as a parallel volume driver.

Glass Flake Coating Market: Market Share by End-user Industry
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Geography Analysis

Asia-Pacific commanded 46.31% of the glass flake coating market in 2025 and will expand at a 5.63% CAGR, led by Chinese pipeline buildouts, Indian refinery upgrades, and Southeast Asian LNG terminals that cluster in high-chloride coastal zones. Multinational suppliers leverage Singapore-based training centers and ISO 17025 labs to navigate fragmented ASEAN regulations, securing bulk orders ahead of local challengers. North America’ demand is supported by PHMSA-driven pipeline integrity digs and federally funded bridge preservation that embed life-cycle cost methodology. The new PPG Tennessee facility, operational in 2026, provides regional buffer stock that reduces lead time for Gulf Coast turnarounds.

Europe with ScotWind and INTOG foundations alone adding an addressable demand of more than 2,000 monopiles through 2035. The CoaST program’s waterborne advances aim at lowering carbon footprints and application complexity, aligning with EU Green Deal objectives. South America and the Middle East and Africa show upside from Brazilian pre-salt FPSOs and Saudi refinery upgrades, constrained by skilled labor shortages and inconsistent standard enforcement.

Glass Flake Coating Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The top five suppliers—Jotun, Hempel, PPG, Sherwin-Williams, and AkzoNobel—collectively control roughly 65% of global revenue, signalling moderate fragmentation that leaves space for niche specialists. Type approval for IMO and NORSOK systems raises entry barriers, yet regional firms with ISO 17025 labs and certified applicator networks —such as Chugoku Marine Paints and KCC—win local projects by offering agile technical support. Strategic thrusts concentrate on vertical integration; AkzoNobel’s industrial excellence roadmap targets EUR 250 million in profit through supply-chain optimization by 2027. Digital twins like Jotun HullSkater and AkzoNobel Aerofleet capture application data, enabling predictive maintenance contracts that convert coatings into service revenues. Disruptive research explores graphene or ceramic platelet fillers promising equal barrier performance at lower density, but the absence of multi-decade field history slows specification acceptance.

Glass Flake Coating Industry Leaders

  1. Akzo Nobel N.V.

  2. PPG Industries, Inc.

  3. Jotun A/S

  4. The Sherwin-Williams Company

  5. Hempel A/S

  6. *Disclaimer: Major Players sorted in no particular order
Akzo Nobel N.V.,  BASF SE, Chugoku Marine Paints, Ltd.,  Hempel A/S, Jotun A/S,  Kansai Paint,  KCC CORPORATION, Nippon Paint Singapore
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Recent Industry Developments

  • January 2026: The Indian Department of Heavy Industry issued a significant tender for internal glass flake epoxy coating for welded joints. It indicated a strong demand for glass flake coating in infrastructure maintenance.
  • December 2024: Akzo Nobel N.V. published a study that presented research on glass flake coatings. The study emphasized that protective coatings with a higher concentration of lamellar glass flake were highly effective in providing long-term protection for offshore structures.

Table of Contents for Glass Flake Coating 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 Expanding Oil and Gas Pipeline Maintenance Activities
    • 4.2.2 Severe Corrosion Challenges in Marine Infrastructure
    • 4.2.3 Rising Demand for High-Performance Coatings in Chemical Processing
    • 4.2.4 Stringent Environmental Regulations Driving Long-Life Protective Systems
    • 4.2.5 Shift Toward Life-Cycle Cost Modelling in Asset-Intensive Sectors
  • 4.3 Market Restraints
    • 4.3.1 Fluctuating Raw-Material and Resin Prices
    • 4.3.2 Volatile Oil Prices Delaying CAPEX Cycles
    • 4.3.3 Application Complexity Requiring Skilled Workforce
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Substrate
    • 5.1.1 Steel
    • 5.1.2 Concrete
  • 5.2 By Resin
    • 5.2.1 Vinyl Ester
    • 5.2.2 Polyester
    • 5.2.3 Epoxy
  • 5.3 By Coating Layer
    • 5.3.1 Intermediate
    • 5.3.2 Primer
    • 5.3.3 Topcoat
  • 5.4 By End-user Industry
    • 5.4.1 Oil and Gas
    • 5.4.2 Marine
    • 5.4.3 Chemical Processing
    • 5.4.4 Industrial
    • 5.4.5 Construction
    • 5.4.6 Other End-user Industries
  • 5.5 By Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 ASEAN Countries
    • 5.5.1.6 Rest of Asia-Pacific
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 NORDIC Countries
    • 5.5.3.6 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 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 level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 Asian Paints PPG Pvt. Ltd.
    • 6.4.3 BASF
    • 6.4.4 Berger Paints India
    • 6.4.5 Carboline (RPM International)
    • 6.4.6 Chemco International Ltd
    • 6.4.7 Chugoku Marine Paints Ltd.
    • 6.4.8 Hempel A/S
    • 6.4.9 Induron
    • 6.4.10 Jotun A/S
    • 6.4.11 KCC Corporation
    • 6.4.12 Nippon Paint Holdings
    • 6.4.13 Polyglass Coatings
    • 6.4.14 PPG Industries, Inc.
    • 6.4.15 Teknos Group
    • 6.4.16 The Sherwin-Williams Company
    • 6.4.17 Tnemec

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
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Global Glass Flake Coating Market Report Scope

A glass flake coating is a protective layer composed of thin, flat glass flakes embedded in a resin binder, such as epoxy or vinyl ester. This structure forms a dense, overlapping barrier that significantly reduces the permeation of moisture, gases, and chemicals. It provides enhanced corrosion resistance, hardness, and abrasion resistance, making it suitable for industrial, marine, and chemical applications.

The glass flake coatings market is segmented by substrate, resin, coating layer, end-user industry, and geography. By substrate, the market is segmented into steel and concrete. By resin, the market is segmented into vinyl ester, polyester, and epoxy. By coating layer, the market is segmented into intermediate, primer, and topcoat. By end-user industry, the market is segmented into oil and gas, marine, chemical processing, industrial, construction, and other end-user industries. The report also covers the market size and forecasts for glass flake coatings in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

By Substrate
Steel
Concrete
By Resin
Vinyl Ester
Polyester
Epoxy
By Coating Layer
Intermediate
Primer
Topcoat
By End-user Industry
Oil and Gas
Marine
Chemical Processing
Industrial
Construction
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
Italy
NORDIC Countries
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
South Africa
Rest of Middle East and Africa
By SubstrateSteel
Concrete
By ResinVinyl Ester
Polyester
Epoxy
By Coating LayerIntermediate
Primer
Topcoat
By End-user IndustryOil and Gas
Marine
Chemical Processing
Industrial
Construction
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
Italy
NORDIC Countries
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How fast is the glass flake coating market expected to grow through 2031?

The market is projected to expand at a 4.52% CAGR, moving from USD 1.82 billion in 2026 to USD 2.27 billion by 2031.

Which end-user industry segment drives specifications in this space?

Oil and gas leads specifications, holding 37.54% revenue share in 2025 and influencing standards like IOGP S-715 and NORSOK M-501.

Why are epoxies gaining share against vinyl esters?

New high-crosslink epoxies cure at ambient temperatures, approach vinyl ester impermeability, and registered a 5.94% CAGR, the fastest among resins.

What geographic region offers the highest growth potential?

Asia-Pacific combines 46.31% share with a 5.63% CAGR, buoyed by pipelines, refineries, and offshore wind builds in China, India, and ASEAN.

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