Protective Coatings - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-07-01 I 120 Pages I Mordor Intelligence
Protective Coatings Market Analysis
The Protective Coatings Market size is estimated at USD 15.85 billion in 2025, and is expected to reach USD 19.31 billion by 2030, at a CAGR of 4.02% during the forecast period (2025-2030). Europe commanded the largest share, sustained by rigorous environmental rules and sizable infrastructure outlays, while Asia-Pacific is projected to record the fastest 5.23% CAGR through 2030. Infrastructure development, the transition toward eco-friendly chemistries, and rising adoption in renewable energy and automotive lightweighting are the most influential growth drivers. Polyurethane products lead resin demand, solvent-borne chemistries still prevail despite VOC pressure, and nanotechnology is opening new horizons for self-healing and smart surfaces. Industry consolidation among top suppliers continues, yet white-space opportunities persist in emerging economies and in advanced solutions for plastic and composite substrates.
Global Protective Coatings Market Trends and Insights
Increasing Investments in Infrastructure Construction
Massive public spending on transport, energy, and civic projects underpins the protective coatings market. The United States Infrastructure Investment and Jobs Act alone is injecting multibillion-dollar capital into bridge and road rehabilitation, boosting demand for long-life anticorrosive systems. Similar programs in China, India, and the European Union converge on durability mandates that favor high-performance formulations. Asset owners increasingly weigh lifecycle economics over upfront cost, translating into premium grades with extended maintenance intervals. Polyurethane and zinc-rich epoxy systems are thus gaining specification priority in steel bridges and rebar-exposed concrete. The market benefit is magnified in coastal regions where salt, humidity, and temperature cycling accelerate degradation.
Growing Green Coatings Demand
Regulations capping VOC emissions tighten year by year, especially under California Air Resources Board limits that now set reference benchmarks worldwide. Formulators respond with waterborne, high-solids, and powder chemistries demonstrating parity in corrosion resistance with legacy solvent products. Eco-friendly alternatives also help asset owners meet corporate sustainability pledges. The protective coatings market sees rapid scale-up of bio-based polyurethane dispersions and low-energy-cure powder blends. Technology development focuses on resin modifications that shorten drying time while sustaining gloss and mechanical performance. Competitive differentiation increasingly rests on quantifiable environmental footprints rather than solely on physical properties.
Regulations Related to VOC Emissions
Stricter VOC caps force reformulation, drive raw-material cost inflation, and compel capital upgrades in production plants. Compliance also prolongs qualification cycles with end users but eventually favors suppliers that master water-borne or powder technologies. Early movers capture share as asset owners pivot to greener standards, cushioning revenue loss from solvent-grade phase-outs. Over time, innovation offsets most margin erosion and positions compliant producers as preferred partners.
Other drivers and restraints analyzed in the detailed report include:
Increasing Utilization from the Automotive Industry / Growing Demand from the New Energy Sector / Skilled Labor Shortage in Certain Geographies /
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
In 2024, polyurethane captured 30.34% of revenue, reflecting unparalleled flexibility across infrastructure, automotive, and energy assets. The segment is forecast to expand at a 4.79% CAGR through 2030, the fastest among resins. These advance lifts the polyurethane share of the protective coatings market as asset owners gravitate to systems exhibiting high abrasion resistance and long exterior durability. Advancements in bio-based polyols and moisture-cure variants further improve environmental profiles without sacrificing performance. Demand also benefits from rapid uptake in blade leading-edge protection for offshore wind turbines, where elastic moduli balance and erosion resistance are critical.
High solids and water-reducible grades reshape the competitive field. Suppliers that can formulate polyurethane without sacrificing pot life or gloss retention gain share in projects migrating away from solvent-based epoxies. Meanwhile, nano-silica and graphene additives raise scratch resistance and thermal stability, heightening appeal in automotive clearcoats. As a result, the polyurethane segment is set to account for an even larger slice of the protective coatings market size for resins by 2030.
Solvent-borne systems held 71.59% of sales in 2024, reflecting unmatched film formation under extreme ambient conditions. They dominate maintenance coatings on offshore platforms, chemical plants, and pipelines where asset downtime costs eclipse environmental compliance fees. Despite regulatory headwinds, the protective coatings market maintains a sizable solvent-borne volume through 2030 because no alternate cures reliably at very low temperatures or high humidity. Nevertheless, waterborne lines chart the most dynamic trajectory with a 4.58% CAGR, aided by resin synthesis breakthroughs that enhance barrier properties and accelerate drying. Powder technology also expands footprints in fabricated steel, aluminum profiles, and consumer equipment, leveraging zero-VOC credentials and recyclability of overspray.
The Protective Coatings Market Report Segments the Industry by Resin Type (Epoxy, Polyurethane, Vinyl Ester, Polyester, and More), Technology (Solvent-Borne, Water-Borne, Powder, and Other Technologies), Substrate (Metal, Concrete, and More), End-User Industry (Oil and Gas, Mining, Power, Infrastructure, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).
Geography Analysis
Europe remained the principal regional stronghold in 2024 with a 50.37% share of the market, as sustainability policy blended with an aging built environment to drive protective coating uptake. Stringent REACH regulations turbocharge the adoption of waterborne and high-solids formulations, compelling suppliers to invest in greener chemistries.
Asia-Pacific delivers the swiftest volume escalation as urbanization and industrial expansion persist. China channels protective coating demand into high-speed rail track beds, petrochemical complexes, and massive shipyards. Provincial initiatives to upgrade inland waterway bridges also enlarge refurbishment cycles. India mirrors this trajectory with its National Infrastructure Pipeline, creating substantial steel and concrete surface areas for corrosion control systems.
North America occupies an intermediate position yet remains pivotal for high-specification technologies. United States infrastructure packages direct capital toward aging interstate bridges, airports, and freshwater systems.
List of Companies Covered in this Report:
Advanced Polymer Coatings / Akzo Nobel N.V. / Asian Paints PPG Pvt. Ltd. / Axalta Coating Systems, LLC / BASF / Belzona International Ltd. / Berger Paints India / Chugoku Marine Paints, Ltd. / DuluxGroup Ltd. / Hempel A/S / Jotun / Kansai Paint Co.,Ltd. / Nippon Paint Holdings Co., Ltd. / PPG Industries, Inc. / RPM International Inc. / Sika AG / Teknos Group / The Sherwin-Williams Company / Tikkurila /
Additional Benefits:
The market estimate (ME) sheet in Excel format /
3 months of analyst support /
1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Investments in Infrastructure Construction
4.2.2 Growing Green Coatings Demand
4.2.3 Increasing Utilzation from the Automotive Industry
4.2.4 Growing Demand from the New Energy Sector
4.2.5 Rising Consumption from the Marine Industry
4.3 Market Restraints
4.3.1 Regulations Related to VOC Emissions
4.3.2 Skilled Labor Shortage in Certain Geographies
4.3.3 Fluctuating Raw Material Prices
4.4 Value Chain Analysis
4.5 Porter's Five Forces
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Degree of Competition
5 Market Size and Growth Forecasts (Value)
5.1 By Resin Type
5.1.1 Epoxy
5.1.2 Polyurethane
5.1.3 Vinyl Ester
5.1.4 Polyester
5.1.5 Alkyd
5.1.6 Other Resins (Acrylic. Zinc-Rich, etc.)
5.2 By Technology
5.2.1 Solvent-borne
5.2.2 Water-borne
5.2.3 Powder
5.2.4 Other Technologies (High-Solids, UV-Cured, etc.)
5.3 By Substrate
5.3.1 Metal
5.3.2 Concrete
5.3.3 Plastic and Composites
5.3.4 Other Substrates (Wood, Glass, etc)
5.4 By End-use Industry
5.4.1 Oil and Gas
5.4.1.1 Pipeline (incl. Hydrogen Pipeline)
5.4.1.2 Others
5.4.2 Mining
5.4.3 Power
5.4.3.1 Wind Energy
5.4.3.2 Other Power Generating Sectors
5.4.4 Infrastructure
5.4.5 Water Treatment
5.4.5.1 Distribution Pipeline (potable Water and Wastewater Discharge)
5.4.5.2 Desalination and Potable Water Treatment
5.4.5.3 Industrial Water Infrastructure
5.4.6 Other End-User Industries(Chemicals and Petrochemicals, Automotive, Marine)
5.5 By Geography
5.5.1 Asia-Pacific
5.5.1.1 China
5.5.1.2 India
5.5.1.3 Japan
5.5.1.4 South Korea
5.5.1.5 Rest of Asia-Pacific
5.5.2 North America
5.5.2.1 United States
5.5.2.2 Canada
5.5.2.3 Mexico
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 United Kingdom
5.5.3.3 France
5.5.3.4 Italy
5.5.3.5 Rest of Europe
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle-East and Africa
5.5.5.1 Saudi Arabia
5.5.5.2 South Africa
5.5.5.3 Rest of Middle-East and Africa
6 Competitive Landscape
6.1 Strategic Moves
6.2 Market Share(%) Analysis
6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
6.3.1 Advanced Polymer Coatings
6.3.2 Akzo Nobel N.V.
6.3.3 Asian Paints PPG Pvt. Ltd.
6.3.4 Axalta Coating Systems, LLC
6.3.5 BASF
6.3.6 Belzona International Ltd.
6.3.7 Berger Paints India
6.3.8 Chugoku Marine Paints, Ltd.
6.3.9 DuluxGroup Ltd.
6.3.10 Hempel A/S
6.3.11 Jotun
6.3.12 Kansai Paint Co.,Ltd.
6.3.13 Nippon Paint Holdings Co., Ltd.
6.3.14 PPG Industries, Inc.
6.3.15 RPM International Inc.
6.3.16 Sika AG
6.3.17 Teknos Group
6.3.18 The Sherwin-Williams Company
6.3.19 Tikkurila
7 Market Opportunities and Future Outlook
7.1 White-space and Unmet-Need Assessment
7.2 Nano-engineered Smart Self-healing Coatings
7.3 Bio-based Resin Systems for Offshore Wind Towers
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.