Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Size, Share, and Outlook, 2025 Report- By Type (Epoxy, Acrylic, Silicone, Others), By End-User (Marine, Oil & gas, petrochemical, Energy & Power, Others), 2021-2032

Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook

Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Size is forecast to reach $3.2 Billion in 2032 from $2.2 Billion in 2025, at an optimistic growth rate of 5.3% from 2025 to 2032.. The Corrosion Under Insulation and Spray on Insulation Coatings market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Corrosion Under Insulation and Spray on Insulation Coatings segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Epoxy, Acrylic, Silicone, Others), By End-User (Marine, Oil & gas, petrochemical, Energy & Power, Others). Over 70 tables and charts showcase findings from our latest survey report on Corrosion Under Insulation and Spray on Insulation Coatings markets.

Corrosion Under Insulation and Spray on Insulation Coatings Market Insights, 2025

The CUI & SOI coatings market is gaining traction as industries seek to mitigate hidden corrosion risks in insulated piping and equipment. Corrosion under insulation occurs when moisture infiltrates insulated surfaces, leading to accelerated metal degradation. CUI coatings, including epoxy, silicone, and hybrid formulations, provide superior protection against moisture ingress and thermal cycling. Spray-on insulation coatings offer an alternative to traditional insulation materials, reducing the risk of corrosion while providing thermal efficiency. The growing adoption of high-temperature and fire-resistant coatings in petrochemical, power generation, and offshore industries is driving market growth.

Five Trends that will define global Corrosion Under Insulation and Spray on Insulation Coatings market in 2025 and Beyond

A closer look at the multi-million global market for Corrosion Under Insulation and Spray on Insulation Coatings identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Corrosion Under Insulation and Spray on Insulation Coatings companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Corrosion Under Insulation and Spray on Insulation Coatings industry?

The Corrosion Under Insulation and Spray on Insulation Coatings sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Corrosion Under Insulation and Spray on Insulation Coatings Market Segment Insights

The Corrosion Under Insulation and Spray on Insulation Coatings industry presents strong offers across categories. The analytical report offers forecasts of Corrosion Under Insulation and Spray on Insulation Coatings industry performance across segments and countries. Key segments in the industry include- By Type (Epoxy, Acrylic, Silicone, Others), By End-User (Marine, Oil & gas, petrochemical, Energy & Power, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Corrosion Under Insulation and Spray on Insulation Coatings market size outlook is provided for 22 countries across these regions.

Market Value Chain

The chapter identifies potential companies and their operations across the global Corrosion Under Insulation and Spray on Insulation Coatings industry ecosystem. It assists decision-makers in evaluating global Corrosion Under Insulation and Spray on Insulation Coatings market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Corrosion Under Insulation and Spray on Insulation Coatings industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Corrosion Under Insulation and Spray on Insulation Coatings Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Corrosion Under Insulation and Spray on Insulation Coatings with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Corrosion Under Insulation and Spray on Insulation Coatings market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Corrosion Under Insulation and Spray on Insulation Coatings market Insights- Executives are most excited about opportunities for the US Corrosion Under Insulation and Spray on Insulation Coatings industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Corrosion Under Insulation and Spray on Insulation Coatings companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Corrosion Under Insulation and Spray on Insulation Coatings market.

Latin American Corrosion Under Insulation and Spray on Insulation Coatings market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Corrosion Under Insulation and Spray on Insulation Coatings Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Corrosion Under Insulation and Spray on Insulation Coatings markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Corrosion Under Insulation and Spray on Insulation Coatings markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Corrosion Under Insulation and Spray on Insulation Coatings companies outcompete in 2025?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Akzo Nobel N.V., Aplika Control Corrosion S.A.S, Dai Nippon Toryo Co. Ltd, Eoncoat LLC, Hempel A/S, Jotun Group, Kansai Paints Co. Ltd, Lincoln Industries Inc, Mascoat, Nippon Paint Holdings Co. Ltd, Noroo Paint & Coatings, O3 Group, Perma-Pipe International Holdings Inc, Polyguard Products Inc, PPG Industries Inc, Renner Herrmann SA, Rpm International Inc, Sharpshell Engineering (Pty)Ltd, Spi Coatings Inc, Syneffex Inc, Teknos Group Oy, Temp-Coat L.L.C., The Presserv Group, The Sherwin-Williams Company.

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1. Table of Contents
List of Figures and Tables
2. Executive Summary
2.1 Key Highlights
2.1.1 Corrosion Under Insulation and Spray on Insulation Coatings Market Size Outlook, 2018-2024 and 2025-2032
2.1.2 Largest Corrosion Under Insulation and Spray on Insulation Coatings Market Types and Applications
2.1.3 Fastest Growing Segments
2.1.4 Potential Markets
2.1.5 Market Concentration
2.2 Market Scope and Segmentation
2.2.1 Market Scope- Segments
2.2.2 Market Scope- Countries
2.2.3 Macroeconomic and Demographic Outlook
2.2.4 Abbreviations
2.2.5 Units and Currency Conversions
3. Research Methodology
3.1 Primary Research Surveys
3.2 Secondary Data Sources
3.3 Data Triangulation
3.4 Forecast Methodology
3.5 Assumptions and Limitations
4. Introduction to Global Corrosion Under Insulation and Spray on Insulation Coatings Market in 2025
4.1 Industry Panorama
4.2 Leading Companies Profiled in the Study
4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
4.4 Market Dynamics
4.4.1 Market Dynamics- Trends and Drivers
4.4.2 Market Dynamics- Opportunities and Challenges
4.5 Regional Analysis
4.6 Porter’s Five Force Analysis
4.6.1 Intensity of Competitive Rivalry
4.6.2 Threat of New Entrants
4.6.3 Threat of Substitutes
4.6.4 Bargaining Power of Buyers
4.6.5 Bargaining Power of Suppliers
4.7 Corrosion Under Insulation and Spray on Insulation Coatings Industry Value Chain Analysis
4.7.1 Stage of Value Chain
4.7.2 Key Activities of Companies
4.7.3 Companies Included in Each Stage
4.7.4 Key Insights
5. Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook to 2032
5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
By Type
Epoxy
Acrylic
Silicone
Others
By End-User
Marine
Oil & gas
petrochemical
Energy & Power
Others
6. Global Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook across Growth Scenarios
6.1 Low Growth Scenario
6.2 Base/Reference Case
6.3 High Growth Scenario
6. North America Corrosion Under Insulation and Spray on Insulation Coatings Market Size Outlook
6.1 Key Market Statistics, 2024
6.2 North America Corrosion Under Insulation and Spray on Insulation Coatings Market Trends and Growth Opportunities
6.2.1 North America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Type
6.2.2 North America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Application
6.3 North America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Country
6.3.1 The US Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
6.3.2 Canada Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
6.3.3 Mexico Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7. Europe Corrosion Under Insulation and Spray on Insulation Coatings Market Size Outlook
7.1 Key Market Statistics, 2024
7.2 Europe Corrosion Under Insulation and Spray on Insulation Coatings Market Trends and Growth Opportunities
7.2.1 Europe Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Type
7.2.2 Europe Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Application
7.3 Europe Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Country
7.3.2 Germany Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7.3.3 France Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7.3.4 The UK Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7.3.5 Spain Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7.3.6 Italy Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7.3.7 Russia Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
7.3.8 Rest of Europe Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8. Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Size Outlook
8.1 Key Market Statistics, 2024
8.2 Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Trends and Growth Opportunities
8.2.1 Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Type
8.2.2 Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Application
8.3 Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Country
8.3.1 China Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8.3.2 India Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8.3.3 Japan Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8.3.4 South Korea Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8.3.5 Australia Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8.3.6 South East Asia Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
8.3.7 Rest of Asia Pacific Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
9. South America Corrosion Under Insulation and Spray on Insulation Coatings Market Size Outlook
9.1 Key Market Statistics, 2024
9.2 South America Corrosion Under Insulation and Spray on Insulation Coatings Market Trends and Growth Opportunities
9.2.1 South America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Type
9.2.2 South America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Application
9.3 South America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Country
9.3.1 Brazil Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
9.3.2 Argentina Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
9.3.3 Rest of South and Central America Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
10. Middle East and Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Size Outlook
10.1 Key Market Statistics, 2024
10.2 Middle East and Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Trends and Growth Opportunities
10.2.1 Middle East and Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Type
10.2.2 Middle East and Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Application
10.3 Middle East and Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook by Country
10.3.1 Saudi Arabia Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
10.3.2 The UAE Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
10.3.3 Rest of Middle East Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
10.3.4 South Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
10.3.5 Egypt Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
10.3.6 Rest of Africa Corrosion Under Insulation and Spray on Insulation Coatings Market Outlook, 2021- 2032
11. Company Profiles
11.1 Leading 10 Companies
Akzo Nobel N.V.
Aplika Control Corrosion S.A.S
Dai Nippon Toryo Co. Ltd
Eoncoat LLC
Hempel A/S
Jotun Group
Kansai Paints Co. Ltd
Lincoln Industries Inc
Mascoat
Nippon Paint Holdings Co. Ltd
Noroo Paint & Coatings
O3 Group
Perma-Pipe International Holdings Inc
Polyguard Products Inc
PPG Industries Inc
Renner Herrmann SA
Rpm International Inc
Sharpshell Engineering (Pty)Ltd
Spi Coatings Inc
Syneffex Inc
Teknos Group Oy
Temp-Coat L.L.C.
The Presserv Group
The Sherwin-Williams Company
11.2 Overview
11.3 Products and Services
11.4 SWOT Profile
12. Appendix
12.1 Subscription Options
12.2 Customization Options
12.3 Publisher Details

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