Designed to make market research more actionable and strategically valuable, The Business Research Company’s 2026 market reports feature market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Revenue Expansion Outlook For The 2026–2030 Forecast Period
The market size for corrosion under insulation (cui) & spray-on insulation (soi) coatings has demonstrated substantial growth in recent times. This market is anticipated to expand from $2.03 billion in 2025 to $2.19 billion in 2026, registering a compound annual growth rate (CAGR) of 7.8%. The historical growth of the market can be linked to the expansion of oil and gas infrastructure, increasing industrial insulation requirements, heightened maintenance for aging pipelines, the accessibility of advanced epoxy coatings, and the growth of power generation facilities.
The corrosion under insulation (cui) & spray-on insulation (soi) coatings market size is projected to experience substantial expansion in the coming years. It is expected to reach $2.92 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.5%. This growth in the forecast period can be attributed to increasing investments in industrial asset protection, the rising adoption of advanced corrosion prevention technologies, the expansion of energy infrastructure projects, a growing focus on operational safety, and an increasing demand for long-term protective coatings. Key trends during this period include the increasing adoption of anti-corrosion protection systems, a rising demand for high-temperature resistant coatings, the growing use of spray-on insulation technologies, the expansion of pipeline and industrial asset protection, and an enhanced focus on asset lifecycle extension.
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Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Demand Driver: How It Is Shaping Industry Growth
The growing demand for oil and gas is projected to drive the corrosion under insulation (CUI) and spray-on insulation (SOI) coatings market forward. Oil and gas refer to hydrocarbon reserves extracted from beneath the Earth’s surface and processed into various products, including gasoline, diesel fuel, jet fuel, and lubricating oils. The oil and gas industry employs corrosion under insulation (CUI) and spray-on insulation (SOI) coatings for pipelines, refineries, and storage tanks to maintain temperature control and minimize energy losses. For instance, according to the US Energy Information Administration, a US-based government agency, it was reported in March 2023 that US crude oil output was 12.4 million b/d in 2023, an increase from 11.7 million b/d in 2022. Additionally, in September 2022, the US recorded an average daily natural gas consumption of 86.6 billion cubic feet (Buff/d) in 2022, which represented the highest annual consumption of natural gas compared to the previous year. Thus, the escalating demand for oil and gas is fueling 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 Segmentation Overview: Detailed Category Analysis
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
Top Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Trends And Recent Industry Developments
Companies active in the corrosion under insulation (CUI) and spray-on insulation (SOI) coatings market are prioritizing product innovation, including offerings like the Color Rite Airspace Blue Resource basecoat, to secure a competitive advantage in the market. This Color Rite Airspace Blue Resource basecoat is utilized for corrosion under insulation (CUI) and spray-on insulation (SOI) coatings within the automotive sector. For instance, BASF SE, a chemical company based in Germany, introduced the Color Rite Airspace Blue Resource basecoat in December 2023. This particular Color Rite Airspace Blue Resource basecoat functions as a waterborne basecoat system. It is noteworthy as the first biomass-balanced automotive coating that facilitates around a 20% reduction in its product carbon footprint.
Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Company Landscape: Key Players To Watch
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 Region-Wise Analysis: Largest Regional Market Identified
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.
