Global Corrosion Protective Coatings Market Size & Outlook
The corrosion protective coatings industry worldwide is expected to reach a projected revenue of US$ 33,277.4 million by 2030. A compound annual growth rate of 7.1% is expected of the worldwide corrosion protective coatings industry from 2024 to 2030.
Revenue, 2023 (US$M)
$20,594.4
Forecast, 2030 (US$M)
$33,277.4
CAGR, 2024 - 2030
7.1%
Report Coverage
Worldwide
Global corrosion protective coatings market, 2018-2030 (US$M)
Global corrosion protective coatings market highlights
- The global corrosion protective coatings market generated a revenue of USD 20,594.4 million in 2023 and is expected to reach USD 33,277.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.1% by 2030.
- In terms of segment, solvent-borne accounted for a revenue of USD 20,594.4 million in 2023.
- Solvent-borne is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 20,594.4 million |
| Market revenue in 2030 | USD 33,277.4 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Solvent-borne |
| Fastest growing segment | Solvent-borne |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solvent-borne |
Other key industry trends
- In terms of revenue, the North America accounted for 18.8% of the global corrosion protective coatings market in 2023.
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Corrosion Protective Coatings Market Scope
Corrosion protective coatings market segmentation & scope
Material
Alkyd
Acrylic
Epoxy
Polyurethane
Zinc
Others
Application
Marine
Oil & Gas
Construction
Industrial
Automotive
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
UAE
Oman
Kuwait
Qatar
Corrosion Protective Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global corrosion protective coatings market size, by regions, 2018-2030 (US$M)
Related regional statistics
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