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Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Expected To Reach $7.5 Billion By 2030 At 2.92% CAGR
The corrosion under insulation (cui) & spray-on insulation (soi) coatings market has experienced substantial growth in recent times. Forecasts suggest an increase from $2.03 billion in 2025 to $2.19 billion in 2026, showing a compound annual growth rate (CAGR) of 7.8%. This past growth is attributable to elements including the expansion of oil and gas infrastructure, growing requirements for industrial insulation, the escalating need for maintenance of aging pipelines, the presence of advanced epoxy coatings, and the establishment of power generation facilities.
The market for corrosion under insulation (CUI) and spray-on insulation (SOI) coatings is expected to see considerable expansion in the years ahead. Projections indicate this market will achieve a valuation of $2.92 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.5%. This growth throughout the forecast period is propelled by increased investments in safeguarding industrial assets, the rising adoption of advanced corrosion prevention techniques, the development of energy infrastructure projects, an increased focus on operational safety, and a surging demand for long-lasting protective coatings. Foreseen trends for this era include the broader deployment of anti-corrosion protection systems, a heightened requirement for high-temperature resistant coatings, the expanded application of spray-on insulation technologies, intensified efforts in protecting pipelines and industrial assets, and a stronger emphasis on prolonging the operational life of assets.
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Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Industry Drivers: What Is Driving Revenue Growth?
The anticipated rise in oil and gas demand is projected to fuel the expansion of the corrosion under insulation (CUI) and spray-on insulation (SOI) coatings market in the future. These hydrocarbon resources, obtained from below the Earth’s surface, undergo refining to produce a range of items such as gasoline, diesel fuel, jet fuel, and lubricating oils. The oil and gas sector employs corrosion under insulation (CUI) and spray-on insulation (SOI) coatings on pipelines, refineries, and storage tanks to ensure temperature stability and minimize energy waste. As an illustration, the US Energy Information Administration, a government body in the US, reported a crude oil production of 12.4 million b/d in 2023, an increase from 11.7 million b/d in 2022, in March 2023. Furthermore, the United States saw its average daily natural gas consumption reach 86.6 billion cubic feet (Buff/d) in 2022 as of September 2022, marking the highest annual usage compared to the prior year. Consequently, the growing need for oil and gas is a key factor propelling the expansion of the corrosion under insulation (CUI) and spray-on insulation (SOI) coatings market.
Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Segment Performance And Strategic Opportunities
The corrosion under insulation (cui) & spray-on insulation (soi) coatings market covered in this report is segmented –
1) By Product: Solvent-Based Coating, Water-Based Paint
2) By Material: Epoxy Anticorrosive Coating, Polyurethane Coating, Inorganic Zinc-Rich Coating, Other Materials
3) By End-User: Marine, Oil and Gas and Petrochemical, Energy and Power, Other End-Users
Subsegments:
1) By Solvent-Based Coating: Epoxy Solvent-Based Coatings, Polyurethane Solvent-Based Coatings
2) By Water-Based Paint: Water-Based Epoxy Coatings, Water-Based Polyurethane Coatings, Hybrid Water-Based Epoxy-PU Coatings
#Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Growth Trends: What Is Influencing The Future Outlook?
Leading companies operating within the corrosion under insulation (CUI) and spray-on insulation (SOI) coatings market are concentrating on developing innovative products, such as the color rite airspace blue resource basecoat, to secure a competitive advantage. The Color rite Airspace Blue Resource basecoat serves as a coating for both corrosion under insulation (CUI) and spray-on insulation (SOI) specifically for automotive applications. An instance of this occurred when BASF SE, a Germany-based chemical company, unveiled the Color Rite Airspace Blue Resource basecoat in December 2023. This Color rite Airspace Blue Resource basecoat is a waterborne basecoat system and marks the first biomass-balanced automotive coating capable of achieving an approximate 20% reduction in its product carbon footprint.
Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Key Players: Which Companies Shape Industry Competition?
Major companies operating in the corrosion under insulation (cui) & spray-on insulation (soi) coatings market are Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, The Sherwin-Williams Company, Hempel A/S, Kansai Paint Co. Ltd., Nippon Paint Co. Ltd., RPM International Inc., Syneffex Inc., Kaefer GmbH, Belzona Inc., Resimac Ltd., Carboline Company, International Paint Ltd., Rust-Oleum Corporation, Induron Protective Coatings, A&A Coatings, Advanced Polymer Coatings Inc., Tnemec Company Inc., Ameron International Corporation, ENECON Corporation
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Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Regional Analysis: Which Region Leads By Revenue?
Asia-Pacific was the largest region in the corrosion under insulation (CUI) & spray-on insulation (SOI) coatings market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the corrosion under insulation (cui) & spray-on insulation (soi) coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.