Asia Pacific Oil And Gas Corrosion Protection Market Size & Outlook

The oil and gas corrosion protection market in Asia Pacific is expected to reach a projected revenue of US$ 1,515.6 million by 2030. A compound annual growth rate of 1.4% is expected of Asia Pacific oil and gas corrosion protection market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,373.5
Forecast, 2030 (US$M)
$1,515.6
CAGR, 2024 - 2030
1.4%
Report Coverage
Asia Pacific

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

Asia
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Asia Pacific oil and gas corrosion protection market highlights

  • The Asia Pacific oil and gas corrosion protection market generated a revenue of USD 1,373.5 million in 2023.
  • The market is expected to grow at a CAGR of 1.4% from 2024 to 2030.
  • In terms of segment, coatings was the largest revenue generating product in 2023.
  • Coatings is the most lucrative product segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 1,373.5 million
Market revenue in 2030USD 1,515.6 million
Growth rate1.4% (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
Key market players worldwide3M Co, AkzoNobel [Dulux Brand], Orkla ASA, Axalta Coating Systems Ltd, Sherwin-Williams Co, Kansai Paint Co Ltd, RPM International Inc, Aegon Ltd, Ashland Inc, Basf SE


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 14.0% of the global oil and gas corrosion protection market in 2023.
  • Globally, MEA is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 3,595.1 million by 2030.

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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

Asia Pacific 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 Asia Pacific oil and gas corrosion protection market based on coatings covering the revenue growth of each sub-segment from 2018 to 2030.


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

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Asia Pacific oil and gas corrosion protection market

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