Anti-corrosion Coatings Market - By Product (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber), By Mode of Application (Solvent-based, Water-based, Powder), By End-use & Forecast, 2024– 2032

Anti-corrosion Coatings Market - By Product (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber), By Mode of Application (Solvent-based, Water-based, Powder), By End-use & Forecast, 2024– 2032

Global Anti-corrosion Coatings Market will witness over 3.8% CAGR between 2024 and 2032, propelled by the need to maintain and upgrade aging infrastructure. The anti-corrosion coatings aid in prolonging the life of existing structures such as pipelines, bridges, and industrial facilities. Quoting an instance, in March 2023, PPG Industries launched a new anti-corrosion coating within their PPG PERLITE® range, designed to tackle maintenance challenges for aging steel structures. The coating offers enhanced adhesion and resistance to extreme weather conditions. By mitigating corrosion, these coatings help reduce the frequency and cost of maintenance activities.

Technological advancements in coating formulations, including the development of Eco-friendly and high-performance products, are driving market growth. Furthermore, stringent environmental regulations and the rising awareness about the economic benefits of preventive maintenance are encouraging the adoption of anti-corrosion coatings.

The overall anti-corrosion coatings market is classified based on product, mode of application, end-use, and region.

The polyurethane segment will record a noticeable CAGR through 2032, driven by the focus on improving asset longevity and performance. As industries seek durable solutions for harsh environments, polyurethane coatings are favored for their exceptional resistance to corrosion and environmental damage. The growing need for effective asset protection in the construction and manufacturing sectors spurs the adoption of polyurethane-based coatings, soaring the segment growth. This preference exhibits a broader trend toward investing in high-performance materials for infrastructure and equipment longevity.

The infrastructure segment will hold a significant market share by 2032, owing to the emphasis on maintaining and strengthening the durability of infrastructures. As urban development accelerates, there is a heightened demand for protective solutions that extend the lifespan of roads, bridges, and other essential structures. The focus on infrastructure resilience and the costs associated with repairs and maintenance catapult the adoption of anti-corrosion coatings.

Europe anti-corrosion coatings market will experience a decent CAGR from 2024 to 2032, due to strict environmental regulations and a focus on sustainability. Countries in Europe are implementing more stringent standards for GHG emissions and environmental impact, which has led to the adoption of Eco-friendly coatings. The region’s emphasis on infrastructure modernization and renovation projects also fuel the need for anti-corrosion solutions. As industries prioritize durability and compliance with environmental guidelines, the anti-corrosion coatings industry is experiencing significant growth in Europe.