Latin America Oil And Gas Corrosion Protection Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$656.7

Forecast, 2030 (US$M)

$699.3

CAGR, 2024 - 2030

0.9%

Report Coverage

Latin America

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

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Global Oil And Gas Corrosion Protection Industry Outlook

North America Oil And Gas Corrosion Protection Market Outlook

Europe Oil And Gas Corrosion Protection Market Outlook

Asia Pacific Oil And Gas Corrosion Protection Market Outlook

MEA Oil And Gas Corrosion Protection Market Outlook

Latin America oil and gas corrosion protection market highlights

The Latin America oil and gas corrosion protection market generated a revenue of USD 656.7 million in 2023.
The market is expected to grow at a CAGR of 0.9% 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.

Latin America data book summary

Market revenue in 2023	USD 656.7 million
Market revenue in 2030	USD 699.3 million
Growth rate	0.9% (CAGR from 2023 to 2030)
Largest segment	Coatings
Fastest growing segment	Coatings
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Coatings
Key market players worldwide	3M 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, Latin America region accounted for 6.7% 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

Product

Coatings

Paints

Corrosion Inhibitors

Others

End Use

Offshore

Onshore

Sector

Upstream

Midstream

Downstream

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

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

Latin America 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 Latin America 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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Our clientele includes a mix of oil and gas corrosion protection market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America oil and gas corrosion protection market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America oil and gas corrosion protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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