North America Anti-corrosion Coatings Market Outlook, 2029

North America Anti-corrosion Coatings Market Outlook, 2029

In the anti-corrosion coating market, North America really stands out as a resilient fortress in the battle of nature's elements defends infrastructure and industry with coatings at the leading edge of resistance. Technological changes have fueled innovation in the anti-corrosion coating market, including self-healing coatings that repair damages on their own, and the application of nanotechnology-based coatings, which offer enhanced protection by putting on ultra-thin layers. Smart coatings introduce integrated sensor technology and monitoring, to afford real-time data on the state of corrosion, enabling proactive strategies in maintenance. Such technological developments result in more effective ways of protecting from corrosion, providing better durability for the systems. Some of the large players operating in the North American anti-corrosion include AkzoNobel, PPG Industries, Sherwin-Williams, Jotun, and Hempel. The market for anti-corrosion in North America is restricted due to the application restrictions levied against the use of the hazardous materials and VOCs that are involved in anti-corrosion coatings. The regulatory bodies of the respective countries, including the U.S. Environmental Protection Agency, formulate and enforce the standards that each of the manufacturers needs to maintain. This will include those laid by the American Society for testing and materials (ASTM) and the National Association of Corrosion Engineers (NACE). In addition, innovation will remain one of the key variables for the North American anti-corrosion coating market, wherein the relative adoption of 'advanced' and 'sustainable' solutions will gain momentum. Nanocoatings, along with self-healing coatings, will lead the way in new product development, and customization and availability of tailor-made solutions will become significant.

According to the research report ""North America Anti-corrosion Coating Market Outlook, 2029,"" published by Bonafide Research, the North America Anti-corrosion Coating Market is projected to add more than USD 1700 Million from 2024 to 2029. The economic cycle affect the demand for anti-corrosion solutions. For instance, during economic downturn periods, the construction and industrial activities would usually be moving at a slower pace, which would reflect in the market demand. Economic growth would expand more into infrastructure investment and increase industrial activities. The trend overview in the North American anti-corrosion coating market is moving toward sustainability and desire for products that have a lower impact on the environment. Low-VOC and water-based coatings are introduced, matching the safety criteria in abating exposure and in addressing global sustainability strategies. Customer demand for anti-corrosion products in North America is on the rise, with a high preference for high performance and very durable solutions. Industrial and infrastructure customers want solutions that can offer long-term protection for their assets with minimal maintenance. In this light, the importance of sectors like Oil & Gas and Marine, wherein equipment and structures are put to use in severe conditions, is particularly important. Besides, advanced coatings inculcating self-healing and smart-monitoring technologies are gaining prominence. According to the US Department of Transportation (USDoT) and Federal Highway Administration (FHWA), in the year 2022 and 2030, about USD 120 billion has been reserved for the highways and bridges with nearly 2,800 bridges already being launched. USDOT invested USD 2.2 billion for 166 projects in Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants.

Market Drivers

• Advanced Infrastructure Development: North America’s anti-corrosion coating market is primarily driven by ongoing infrastructure development and maintenance, especially in the United States and Canada. The region’s vast network of bridges, highways, pipelines, and industrial facilities requires continuous protection against corrosion to ensure longevity and safety. Government initiatives, such as the U.S. Infrastructure Investment and Jobs Act, are fueling demand for anti-corrosion coatings and technologies. This focus on upgrading and maintaining infrastructure is crucial as many structures are aging, necessitating robust corrosion protection to prevent costly repairs and enhance structural integrity.

Market Challenges

• Stringent Environmental Regulations: In North America, stringent environmental regulations present a challenge to the anti-corrosion coating market. Regulatory bodies like the Environmental Protection Agency (EPA) enforce strict standards on the use of chemicals and materials in coatings, particularly concerning volatile organic compounds (VOCs). These regulations can increase costs for manufacturers as they need to develop and adopt eco-friendly alternatives that comply with environmental laws. Additionally, the process of gaining regulatory approval can be time-consuming and complex, creating barriers to market entry for new products and technologies.

Market Trends

• Shift Towards Eco-Friendly Coatings: A significant trend in the North American anti-corrosion coating market is the shift towards eco-friendly coatings. With growing environmental awareness and regulatory pressures, there is an increasing demand for coatings that are low in VOCs and free from harmful substances like heavy metals. Companies are investing in the development of water-based and bio-based coatings that offer effective corrosion protection while minimizing environmental impact. This trend is expected to accelerate as sustainability becomes a key focus for both manufacturers and consumers in the region.

The leading status of the construction and infrastructure sector in the anti-corrosion coating market of North America is directly associated with an urgent need to address aging infrastructure, which requires structuring in most diverse and often very aggressive environments.

North America hosts a vast array of infrastructure, ranging from bridges and highways to pipelines and buildings, much of which was constructed decades ago and now is approaching, or even well-exceeding, designed lifespans. Corrosion, primarily as a result of water, salt, and other natural elements, is a severe threat to the safety and integrity of those assets. Hence, more and more sophisticated anti-corrosion solutions are needed for the rehabilitation of existing infrastructure and its protection, but for assurance in the durability of new construction projects. Growing investments in public infrastructure renewal programs, such as the U.S. Infrastructure Investment and Jobs Act, have billions of dollars allocated to the repair and modernization of aging infrastructure. A focus on sustainable and resilient construction is raising the in-service application of innovative corrosion protection technologies, which include high-performance coatings, galvanization, corrosion inhibitors, and cathodic protection systems. These technologies not only increase the service life of constructions but decrease long-term costs related to maintenance and reduce environmental impacts. The varying climatic conditions, from the humid coastal areas to the cold northern regions, all require tailored anti-corrosion solutions against exact environmental challenges.

Epoxy coatings have been widely applied in the North American anti-corrosion coating market because of highly sterling durability, versatility, and cost-effectiveness in a broad range of applications.

The high-performance coating system is developed with excellent adhesion properties on a wide range of substrates, such as metals, concrete, and composites, ensuring long-lasting performance under harsh operating conditions. Aside from this, the epoxy coatings give very good protection to chemicals, abrasion, and impact and find a number of applications in some of the central industries in the North American economy are oil and gas, manufacturing, and infrastructure. Added to that is its capability to withstand extremely high or low temperatures and rough weather that characterizes a large portion of this continent, hence being a preferred choice in corrosion protection. The epoxy coatings can easily be adapted to meet performance requirements, allowing manufacturers to prepare solutions for specific applications, pipeline protection, or marine environments. That is to say, the network offers various possibilities for the range of application of epoxy but yet another is in the methods of applying it. Epoxy coatings can be formulated for spray, brush, or roller application, providing flexibility during installation and maintenance processes. This adaptability, coupled with a relatively low cost compared with some advanced coating technologies, keeps epoxy as very attractive for both large industrial projects and the smaller commercial applications. In addition, epoxy coatings are very suitable for wide use and continuous improvement due to their well-developed supply chain and enormous technical expertise available in North America. Additional research and development in epoxy technology have brought even more innovations to the forefront, such as self-healing epoxies and nanoparticle-enhanced formulations, to remain competitive by responding to emerging industrial requirements. By developing low-VOC and waterborne epoxy systems that comply with tightened environmental regulations, these efforts keep this material relevant in the eco-conscious marketplace.

The advantage that solvent-based anti-corrosion coatings have in the North American market is due to premium performance characteristics compared to others, which comprises fast drying time, excellent durability, and versatility in application.

Solvent-borne anti-corrosion coatings have been very popular in North America for some very good reasons. Most important is quick drying as coating dries much faster than alternative coatings and therefore helps to finish projects in shorter time. This lessens the downtime cost for industries and is beneficial for the oil and gas sectors for operational efficiencies. Much of this popularity is a result of the high durability solvent-based coatings offer, with robust protection against very hostile environments at extreme temperatures and chemical exposure common in industries like petrochemicals and marine applications. In addition, solvent-based coatings are good at adhesion, making them a perfect option for their use on a broad range of substrates, including metals and plastics. Within this scope, this class of coating is used in many fields of applications, starting from industrial machinery to infrastructural projects. Solvent-based coatings can be applied in various environments and are hence popular among many people as they can be used effectively indoors and outdoors with no compromise in performance. Even as environment-related concerns over the high levels of volatile organic compounds (VOCs) resulting from their use continue to increase, many industries still have a strong reliance on solvent-based formulations. This is partly because of the fact that, currently, there is no available alternative that can work as well as solvent-borne in the most demanding applications. Thus, in the highest demand situation, particularly where chemical resistance and long-term durability are of paramount importance, water-borne coatings perform quite well, but tend to fall a bit short performance-wise.

Strong Industrial Demand and Infrastructure Investment in the U.S. Drive North American Anti-Corrosion Coating Market.

The major factors responsible for the domination of the anti-corrosion coatings market within North America are the solid industrial base of the United States, massive investments in infrastructure, and the growing requirement of corrosion protection across the various industries. These essential factors support the growth drivers of the U.S. anti-corrosion coatings market, which only affirm the industrial strength and infrastructural development commitment of the country. The United States is one of the largest consumers of anti-corrosion coatings, with demand originating from industries such as oil and gas, marine, automotive, aerospace, and construction. A major demand driver, in particular, is the oil and gas industry, with the U.S. becoming a major oil and natural gas producer in the world at present. The rapid growth has remained of crucial importance for pipeline installation at a great speed and thus the requirement for the formulation and adoption of effective corrosion protection measures to protect the assets from deterioration. The construction and infrastructure industries are growing radically because the governments seem to work towards renovation of old infrastructure and improvement in connectivity of transport. For instance, the developments have significantly invested in infrastructure such as the Bipartisan Infrastructure Law, closely related to the healthy demand for anti-corrosion coatings for the protection of both new and existing structures. The other major development in the market is growing innovation regarding high-performance coatings with an advanced shield of protection against harsh corrosive elements, while at the same time being environment-friendly. Therefore, manufacturers have been investing in research and development, and development of advanced coating formulations that meet the increasing demand of protection against corroding elements by high-performing requirements. The supporting the market for anti-corrosion coatings, the stringent regulatory environment in the U.S. regarding the environment and safety indeed leads industries to adopt advanced corrosion-resistant technology.

• In March 2023, PPG Industries launched the PPG ENVIROCRON Primeron primer powder, aiming to protect and provide superior corrosion resistance to metal substrates like aluminum, metalized steel, and hot-dip galvanized steel.
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Anti-Corrosion Coating market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By End Users
• Construction and Infrastructure
• Oil and Gas
• Industrial
• Marine
• Energy and Power
• Automotive
• Others (Including Aerospace, Defense, etc.)

By Type
• Epoxy
• Acrylic
• Alkyd
• Polyurethane
• Zinc
• Others (Including Fluoropolymer, Ceramic, etc.)

By Technology
• Solvent-based
• Water-based
• Powder coatings
• Others (UV-cured, etc.)

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Anti-Corrosion Coating industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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