Global Oil And Gas Corrosion Protection Market Size & Outlook

The oil and gas corrosion protection industry worldwide is expected to reach a projected revenue of US$ 11,640.4 million by 2030. A compound annual growth rate of 2.5% is expected of the worldwide oil and gas corrosion protection industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,778.5
Forecast, 2030 (US$M)
$11,640.4
CAGR, 2024 - 2030
2.5%
Report Coverage
Worldwide

Global oil and gas corrosion protection market, 2018-2030 (US$M)

Global oil and gas corrosion protection market highlights

  • The global oil and gas corrosion protection market generated a revenue of USD 9,778.5 million in 2023 and is expected to reach USD 11,640.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 2.5% by 2030.
  • In terms of segment, coatings accounted for a revenue of USD 9,778.5 million in 2023.
  • Coatings is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, MEA was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 9,778.5 million
Market revenue in 2030USD 11,640.4 million
Growth rate2.5% (CAGR from 2023 to 2030)
Largest segmentCoatings
Fastest growing segmentCoatings
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCoatings

Other key industry trends

  • In terms of revenue, the North America accounted for 29.4% of the global oil and gas corrosion protection market in 2023.

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Oil And Gas Corrosion Protection Market Scope

Oil and gas corrosion protection market segmentation & scope
Coatings
Paints
Corrosion Inhibitors
Others
End Use
Offshore
Onshore
Sector
Upstream
Midstream
Downstream
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait

Oil And Gas Corrosion Protection Market Companies

Name Profile # Employees HQ Website

Global oil and gas corrosion protection market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oil and gas corrosion protection market will help companies and investors design strategic landscapes.


Coatings was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global oil and gas corrosion protection market based on coatings covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Oil And Gas Corrosion Protection Product Outlook (Revenue, USD Million, 2018-2030)
    • Coatings
    • Paints
    • Corrosion Inhibitors
    • Others
  • Global Oil And Gas Corrosion Protection End Use Outlook (Revenue, USD Million, 2018-2030)
    • Offshore
    • Onshore
  • Global Oil And Gas Corrosion Protection Sector Outlook (Revenue, USD Million, 2018-2030)
    • Upstream
    • Midstream
    • Downstream

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Horizon Databook provides a detailed overview of global-level data and insights on the Global oil and gas corrosion protection market , including forecasts for subscribers. This global databook contains high-level insights into Global oil and gas corrosion protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global oil and gas corrosion protection market size, by regions, 2018-2030 (US$M)

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