Corrosion Resistant Resin Market Size Worth USD 17.95 Billion by 2034 | CAGR: 6.9%

The global corrosion resistant resin market size is expected to reach USD 17.95 billion by 2034, according to a new study by Polaris Market Research. The report “Corrosion Resistant Resin Market Size, Share, Trends, Industry Analysis Report: By Type, Application (Coating and Composites), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Corrosion resistant resin is a durable material designed to withstand damage from chemicals, moisture, or rust. The corrosion resistant resin market is growing due to rising infrastructure development fueled by increased global construction investments. For instance, according to the India Brand Equity Foundation, in India, the housing index rose to 116 points in Q2 2024, indicating substantial growth in construction activities. This rise in construction projects, particularly in regions with high humidity, coastal areas, and industrial zones, has increased the demand for corrosion-resistant materials to ensure long-term structural integrity and reduced maintenance costs.

The expansion of the automotive sector is driving the corrosion resistant resins market development. As automotive manufacturers increasingly focus on enhancing vehicle durability and performance, there is a surge in demand for materials that can withstand harsh environmental conditions. Corrosion resistant resins offer superior protection against rust, wear, and environmental degradation, making them ideal for various automotive applications such as exterior coatings, interior components, and structural parts. The automotive industry's shift toward electric and hybrid vehicles further increases this demand, as these vehicles require advanced materials to ensure longevity and efficiency.

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The corrosion resistant resin market is growing due to rising awareness of maintenance costs, with India losing 5–7% of its GDP annually to corrosion. Industries are increasingly adopting durable materials, including corrosion resistant resins, to reduce expenses and extend asset lifespan, driving market demand.

Corrosion Resistant Resin Market Report Highlights

• Based on type, the epoxy segment is anticipated to experience substantial growth with a significant CAGR in the global market due to its exceptional adhesion, chemical resistance, and durability.
• Based on application, the coating segment is expected to dominate the corrosion resistant resin market in the forecasted years due to wide-ranging applications across various industries.
• North America led the global market in 2024 due to the expansion of the automotive sector in the region.
• The corrosion resistant resin market in India is projected for substantial growth due to an increase in construction projects in the region.
• A few of the global key market players are Ashland; Huntsman International LLC.; Hexion Inc.; AOC; Olin Corporation; Sino Polymer Co., Ltd.; Swancor; Grasim Industries Limited; TotalEnergies; Allnex GMBH; BASF SE Reichhold LLC; and Scott Bader Company Ltd.

Polaris Market Research has segmented the corrosion resistant resin market research report on the basis of type, application, end use, and region:

By Type Outlook (Revenue – USD Billion, 2020–2034)

• Epoxy
• Polyurethanes
• Polyester
• Vinyl Ester
• Others

By Application Outlook (Revenue – USD Billion, 2020–2034)

• Coating
• Composites

By End Use Outlook (Revenue – USD Billion, 2020–2034)

• Chemical
• Marine
• Oil & Gas
• Automobiles
• Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Corrosion Resistant Resin Market Report Scope