Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market Size and Share Forecast Outlook (2024 to 2034)

Demand for corrosion under insulation (CUI) and spray-on insulation (SOI) coating market is expected to be valued at USD 2.1 billion in 2024. The corrosion under insulation (CUI) and spray-on insulation (SOI) coating is predicted to rise at a moderate CAGR of 5.3% from 2024 to 2034. The global market is anticipated to reach USD 3.6 billion by 2034.

Attributes Key Insights
Estimated Market Size in 2024 USD 2.1 billion
Projected Market Value in 2034 USD 3.6 billion
Value-based CAGR from 2024 to 2034 5.3%

Emerging Trends and Strategic Highlights in the CUI and SOI Coating Industry

  • The market for corrosion under insulation (CUI) and spray-on insulation (SOI) coatings is experiencing a steady increase in demand due to the growing emphasis on asset protection and maintenance in industries.
  • Ongoing advancements in coating technologies, including the development of nanocomposite coatings and innovative application techniques, are enhancing the performance and longevity of CUI and SOI coatings.
  • The market is witnessing expansion opportunities in emerging markets, driven by rapid industrialization, infrastructure development, and increasing investments in sectors such as energy and construction.

Sales Trend Review from 2019 to 2023 Compared to 2024 to 2034 Market Outlook

The corrosion under insulation (CUI) and spray-on insulation (SOI) coating market forecast experienced growth with a CAGR of 6.9% from 2019 to 2023. This growth was primarily driven by increasing industry awareness regarding the importance of corrosion protection and insulation for infrastructure longevity and safety.

Stringent regulatory requirements and a focus on preventive maintenance strategies propelled the demand for high-performance coatings during this period. Technological advancements in coating formulations and application techniques contributed to market expansion, allowing better protection against corrosion and insulation properties.

Looking ahead to the forecasted period from 2024 to 2034, the market is expected to grow at a slightly lower CAGR of 5.3%. This moderated growth rate can be attributed to market maturity, saturation in some regions, and potential economic fluctuations.

Despite the slight decrease in growth rate, the market is anticipated to benefit from ongoing industrialization efforts, infrastructure development projects, and increasing investments in sectors such as energy and construction.

Historical CAGR from 2019 to 2023 6.9%
Forecast CAGR from 2024 to 2034 5.3%

Key Growth Drivers Shaping the CUI and SOI Coating Market Landscape

  • Increasing industry awareness about the critical importance of corrosion protection and insulation for infrastructure longevity and safety.
  • Adoption of preventive maintenance strategies by industries to minimize the risk of corrosion-related asset failures, fueling demand for CUI and SOI coatings.
  • Ongoing technological advancements in coating formulations and application techniques enhance the performance and durability of coatings.
  • Growing emphasis on sustainable solutions leads to developing and adopting eco-friendly and low-VOC coating alternatives.

Major Challenges Impacting CUI and SOI Coating Market Expansion

  • Economic fluctuations and market maturity in certain regions may constrain market growth during the forecast period.
  • Limited availability of skilled labor for coating application and maintenance activities may affect the quality and efficiency of coating projects.
  • Risk of potential coating failures due to improper surface preparation, application errors, or inadequate quality control measures.
  • Increasing competition among market players leads to pricing pressures and margin compression, especially in saturated market segments.

Analysis of Top Countries Applying, Certifying, and Regulating CUI and SOI Coating Solutions

The provided table illustrates the top five countries in terms of revenue, with South Korea leading the list. South Korea's robust manufacturing infrastructure and skilled workforce enable efficient production and application of these coatings, meeting the growing demand from various industries such as oil and gas, chemical processing, and power generation.

This combination of innovation, infrastructure, and expertise has positioned South Korea as a CUI and SOI coating market leader, driving its top ranking in the industry.

Countries Forecast CAGRs from 2024 to 2034
The United States 5.5%
South Korea 7%
Japan 6.7%
China 5.9%
The United Kingdom 6.5%

Diverse Industrial Applications Drive the Market in the United States

The CUI and SOI coating market in the United States finds significant applications across various industries such as oil and gas, petrochemicals, power generation, and marine.

With extensive infrastructure in these sectors, a substantial need for corrosion protection and insulation to ensure operational efficiency, safety, and regulatory compliance. The vast industrial base, ongoing infrastructure maintenance, and upgrade investments drive the market.

Technological Innovation and Heavy Industries Boost the Market in South Korea

The dominance in the CUI and SOI coating market can be attributed to its strong presence in heavy industries such as shipbuilding, automotive manufacturing, and electronics. These industries rely heavily on corrosion-resistant coatings to protect critical assets from harsh environments and ensure product quality and safety.

The companies are renowned for their technological innovation and high-quality coating solutions, contributing to their leading position in the market.

Advanced Manufacturing and Quality Standards Inhibits Growth in Japan

The CUI and SOI coating markets in Japan are utilized across diverse sectors, including automotive, construction, infrastructure, and electronics. The advanced manufacturing capabilities and strict quality standards drive the demand for high-performance coatings to protect assets from corrosion and provide thermal insulation.

With a focus on sustainability and environmental protection, a growing demand for eco-friendly coating solutions in the Japanese market.

Booming Industrial Sector and Infrastructure Development in China

The booming industrial sector, including oil and gas, chemical processing, and construction, fuels the demand for CUI and SOI coatings.

As the country continues to invest in infrastructure development and modernization, there's a rising need for corrosion protection and insulation solutions to ensure the longevity and reliability of critical assets.

Expanding manufacturing capabilities and emphasis on quality and safety standards further drive market growth.

Focus on Asset Maintenance and Infrastructure Upgrades in the United Kingdom Market

The CUI and SOI coating market in the United Kingdom is crucial in the oil and gas, aerospace, renewable energy, and transportation sectors. With aging infrastructure and stringent regulations, there's a heightened focus on asset maintenance and protection against corrosion-related risks.

The market is driven by ongoing investments in infrastructure upgrades, offshore wind projects, and aerospace advancements, driving the demand for advanced coating solutions.

CUI and SOI Coating Industry Analysis by Top Investment Segments

The below section shows the leading segment. The epoxy type registers at 5.1% CAGR by 2034. Based on end-use industries, the marine segment is anticipated to expand at 4.8% CAGR by 2034.

The ability of epoxy coatings to adhere firmly to surfaces and form a protective barrier against corrosion contributes significantly to their popularity and widespread use in the market.

With increasing maritime activities such as international trade, offshore exploration, and renewable energy projects, there's a heightened need to protect vessels, offshore structures, and marine equipment from the corrosive effects of saltwater and harsh marine environments.

Category CAGR from 2024 to 2034
Epoxy 5.1%
Marine 4.8%

Epoxy Segment to Hold a Significant Share in the Market

The epoxy type segment is poised to lead the Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market with a forecasted CAGR of 5.1% by 2034.

Epoxy coatings are favored for their excellent adhesion, chemical resistance, and durability, making them suitable for various applications across industries such as oil and gas, marine, automotive, and infrastructure.

The increasing adoption of epoxy coatings can be attributed to their superior performance in providing corrosion protection and insulation, particularly in harsh environments and demanding operational conditions.

Ongoing advancements in epoxy formulations, including developing low-VOC and environmentally-friendly options, are expected to further drive market growth in this segment.

Marine Segment to Hold a Dominant Share in the Market

The marine segment is anticipated to significantly expand within the end-use industries, with a forecasted CAGR of 4.8% by 2034.

The marine industry relies heavily on corrosion protection coatings to safeguard vessels, offshore structures, and marine equipment from the corrosive effects of saltwater exposure and harsh marine environments.

As maritime activities continue to grow globally, driven by increasing international trade, offshore exploration, and offshore wind energy projects, there is a heightened demand for high-performance coatings in the marine sector.

The anticipated expansion of the marine segment underscores the critical role of corrosion under insulation (CUI) and spray-on insulation (SOI) coatings in ensuring marine assets longevity, safety, and operational efficiency.

Strategic Overview of the Competitive Landscape in the CUI and SOI Coating Market

The competitive landscape of the corrosion under insulation (CUI) and spray-on insulation (SOI) coating industry is characterized by a mix of global and regional players. These companies compete based on product innovation, technological advancements, product quality, and pricing strategies.

Strategic collaborations, mergers and acquisitions, and geographical expansions are common strategies market players employ to strengthen their market presence and gain a competitive edge in the rapidly evolving CUI and SOI coating market.

Key Market Developments

  • In June 2021, AkzoNobel revealed its acquisition of Colombia-based paints and coatings firm Grupo Orbis. This move aimed to bolster AkzoNobel's market presence and expand its portfolio in the Latin American region, emphasizing strategic growth through acquisitions.
  • In February 2020, PPG partnered with Dow on the Sustainable Future Program to mitigate carbon impacts. Their collaboration focused on enhancing anti-corrosion coating products for steel, intending to lower greenhouse gas (GHG) emissions by improving energy efficiency.

Comprehensive Insights Covered in the CUI and SOI Coating Market Report

  • Adjacent Study on Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market, Protective Coatings for Insulation Trends
  • Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market Size, Current Insights and Demographic Trends
  • Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market Revenue & Trends
  • Reasons for Expanding Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market
  • Government’s Role behind the Flourishing Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market in South Korea

Scope and Analytical Coverage of the Global CUI and SOI Coating Market

Attributes Details
Estimated Market Size in 2024 USD 2.1 billion
Projected Market Valuation in 2034 USD 3.6 billion
Value-based CAGR 2024 to 2034 5.3%
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Market Analysis Value in USD billion
Key Regions Covered North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Market Segments Covered Type, End-use Industries, Region
Key Countries Profiled The United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, BENELUX, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC countries
Key Companies Profiled 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.; Tnemec Company Inc.; SPI Performance Coatings

Top Segments Studied in the CUI and SOI Coating Market

By Type:

  • Epoxy
  • Acrylic
  • Silicone
  • Others

By End User Industries:

  • Marine
  • Oil & Gas, and Petrochemical
  • Energy & Power
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
    • 5.1. Epoxy
    • 5.2. Acrylic
    • 5.3. Silicone
    • 5.4. Others
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-Use Industries
    • 6.1. Marine
    • 6.2. Oil & Gas, and Petrochemical
    • 6.3. Energy & Power
    • 6.4. Others
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Europe
    • 7.4. East Asia
    • 7.5. South Asia
    • 7.6. Oceania
    • 7.7. Middle East & Africa (MEA)
  • 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. Akzo Nobel N.V.
    • 17.2. PPG Industries, Inc.
    • 17.3. Tnemec Company Inc.
    • 17.4. The Sherwin-Williams Company
    • 17.5. SPI Performance Coatings
    • 17.6. Kansai Paint Co., Ltd.
    • 17.7. Nippon Paint Co., Ltd.
    • 17.8. RPM International Inc.
    • 17.9. Jotun A/S
    • 17.10. Hempel A/S
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 4: Global Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 6: Global Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: North America Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 10: North America Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 12: North America Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 16: Latin America Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 18: Latin America Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: Europe Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 21: Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 22: Europe Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 23: Europe Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 24: Europe Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 27: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 28: East Asia Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 29: East Asia Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 30: East Asia Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: South Asia Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 33: South Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 34: South Asia Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 35: South Asia Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 36: South Asia Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 38: Oceania Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 39: Oceania Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 40: Oceania Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 41: Oceania Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 42: Oceania Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

Table 43: MEA Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 44: MEA Market Volume (Tons) Forecast by Country, 2019 to 2034

Table 45: MEA Market Value (US$ Million) Forecast by Type, 2019 to 2034

Table 46: MEA Market Volume (Tons) Forecast by Type, 2019 to 2034

Table 47: MEA Market Value (US$ Million) Forecast by End-Use Industries, 2019 to 2034

Table 48: MEA Market Volume (Tons) Forecast by End-Use Industries, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Volume (Tons) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 9: Global Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 12: Global Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 13: Global Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 14: Global Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 16: Global Market Attractiveness by Type, 2024 to 2034

Figure 17: Global Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 18: Global Market Attractiveness by Region, 2024 to 2034

Figure 19: North America Market Value (US$ Million) by Type, 2024 to 2034

Figure 20: North America Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 23: North America Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 26: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 27: North America Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 30: North America Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 31: North America Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 34: North America Market Attractiveness by Type, 2024 to 2034

Figure 35: North America Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 36: North America Market Attractiveness by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) by Type, 2024 to 2034

Figure 38: Latin America Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 45: Latin America Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 48: Latin America Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 49: Latin America Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 52: Latin America Market Attractiveness by Type, 2024 to 2034

Figure 53: Latin America Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 55: Europe Market Value (US$ Million) by Type, 2024 to 2034

Figure 56: Europe Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 57: Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 59: Europe Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 63: Europe Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 66: Europe Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 67: Europe Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 68: Europe Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 69: Europe Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 70: Europe Market Attractiveness by Type, 2024 to 2034

Figure 71: Europe Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 72: Europe Market Attractiveness by Country, 2024 to 2034

Figure 73: East Asia Market Value (US$ Million) by Type, 2024 to 2034

Figure 74: East Asia Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 75: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 77: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 80: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 81: East Asia Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 82: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 84: East Asia Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 85: East Asia Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 86: East Asia Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 88: East Asia Market Attractiveness by Type, 2024 to 2034

Figure 89: East Asia Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 90: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 91: South Asia Market Value (US$ Million) by Type, 2024 to 2034

Figure 92: South Asia Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 93: South Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: South Asia Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 98: South Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 99: South Asia Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 100: South Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 102: South Asia Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 103: South Asia Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 104: South Asia Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 105: South Asia Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 106: South Asia Market Attractiveness by Type, 2024 to 2034

Figure 107: South Asia Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 108: South Asia Market Attractiveness by Country, 2024 to 2034

Figure 109: Oceania Market Value (US$ Million) by Type, 2024 to 2034

Figure 110: Oceania Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 111: Oceania Market Value (US$ Million) by Country, 2024 to 2034

Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 113: Oceania Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 116: Oceania Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 117: Oceania Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 118: Oceania Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 120: Oceania Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 121: Oceania Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 122: Oceania Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 123: Oceania Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 124: Oceania Market Attractiveness by Type, 2024 to 2034

Figure 125: Oceania Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 126: Oceania Market Attractiveness by Country, 2024 to 2034

Figure 127: MEA Market Value (US$ Million) by Type, 2024 to 2034

Figure 128: MEA Market Value (US$ Million) by End-Use Industries, 2024 to 2034

Figure 129: MEA Market Value (US$ Million) by Country, 2024 to 2034

Figure 130: MEA Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 131: MEA Market Volume (Tons) Analysis by Country, 2019 to 2034

Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: MEA Market Value (US$ Million) Analysis by Type, 2019 to 2034

Figure 135: MEA Market Volume (Tons) Analysis by Type, 2019 to 2034

Figure 136: MEA Market Value Share (%) and BPS Analysis by Type, 2024 to 2034

Figure 137: MEA Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034

Figure 138: MEA Market Value (US$ Million) Analysis by End-Use Industries, 2019 to 2034

Figure 139: MEA Market Volume (Tons) Analysis by End-Use Industries, 2019 to 2034

Figure 140: MEA Market Value Share (%) and BPS Analysis by End-Use Industries, 2024 to 2034

Figure 141: MEA Market Y-o-Y Growth (%) Projections by End-Use Industries, 2024 to 2034

Figure 142: MEA Market Attractiveness by Type, 2024 to 2034

Figure 143: MEA Market Attractiveness by End-Use Industries, 2024 to 2034

Figure 144: MEA Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

What is the expected worth of the Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating market in 2024?

As of 2024, the market for corrosion under insulation (CUI) and spray-on insulation (SOI) coating is expected to be valued at USD 2.1 billion.

What is the anticipated market value for the Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating in 2034?

By 2034, the market value of the corrosion under insulation (CUI) and spray-on insulation (SOI) coating is expected to reach USD 3.6 billion.

What is the projected forecast CAGR for the CUI and SOI Coating market from 2024 to 2034?

From 2024 to 2034, the CUI and SOI coating market is expected to flourish at a CAGR of 5.3%

Based on type, which segment dominates the CUI and SOI coating market?

The epoxy segment is expected to expand at 5.1% CAGR by 2034.

Which country is likely to dominate the CUI and SOI coating market?

South Korea is likely the top-performing market, with a CAGR of 7%.

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Corrosion under Insulation (CUI) and Spray-on Insulation (SOI) Coating Market