Corrosion Resistant Resin Market Size, Share, Trends, Industry Analysis Report: By Type, Application, End Use, and Region

Description

List of Tables

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.

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

Product Code: PM5374

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Corrosion Resistant Resin Market Insights

4.1. Corrosion Resistant Resin Market - Market Snapshot
4.2. Corrosion Resistant Resin Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increase in Infrastructure Projects Are Driving Market Growth
  - 4.2.1.2. Growing Awareness of Maintenance Costs is Propelling Market Size
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Cost of Manufacturing
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Corrosion Resistant Resin Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Corrosion Resistant Resin Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
5.3. Epoxy
- 5.3.1. Global Corrosion Resistant Resin Market, by Epoxy, by Region, 2020-2034 (USD billion)
5.4. Polyurethanes
- 5.4.1. Global Corrosion Resistant Resin Market, by Polyurethanes, by Region, 2020-2034 (USD billion)
5.5. Polyester
- 5.5.1. Global Corrosion Resistant Resin Market, by Polyester, by Region, 2020-2034 (USD billion)
5.6. Vinyl ester
- 5.6.1. Global Corrosion Resistant Resin Market, by Vinyl ester, by Region, 2020-2034 (USD billion)
5.7. Others
- 5.7.1. Global Corrosion Resistant Resin Market, by Others, by Region, 2020-2034 (USD billion)

6. Global Corrosion Resistant Resin Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
6.3. Coating
- 6.3.1. Global Corrosion Resistant Resin Market, by Coating, by Region, 2020-2034 (USD billion)
6.4. Composites
- 6.4.1. Global Corrosion Resistant Resin Market, by Composites, by Region, 2020-2034 (USD billion)

7. Global Corrosion Resistant Resin Market, by End-Use

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
7.3. Chemical
- 7.3.1. Global Corrosion Resistant Resin Market, by Chemical, by Region, 2020-2034 (USD billion)
7.4. Marine
- 7.4.1. Global Corrosion Resistant Resin Market, by Marine, by Region, 2020-2034 (USD billion)
7.5. Oil & Gas
- 7.5.1. Global Corrosion Resistant Resin Market, by Oil & Gas, by Region, 2020-2034 (USD billion)
7.6. Automobiles
- 7.6.1. Global Corrosion Resistant Resin Market, by Automobiles, by Region, 2020-2034 (USD billion)
7.7. Others
- 7.7.1. Global Corrosion Resistant Resin Market, by Others, by Region, 2020-2034 (USD billion)

8. Global Corrosion Resistant Resin Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Corrosion Resistant Resin Market Assessment, By Geography, 2020-2034 (USD billion)
8.3. Corrosion Resistant Resin Market - North America
- 8.3.1. North America: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
- 8.3.2. North America: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
- 8.3.3. North America: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.3.4. Corrosion Resistant Resin Market - U.S.
  - 8.3.4.1. U.S.: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.3.4.2. U.S.: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.3.4.3. U.S.: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.3.5. Corrosion Resistant Resin Market - Canada
  - 8.3.5.1. Canada: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.3.5.2. Canada: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.3.5.3. Canada: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
8.4. Corrosion Resistant Resin Market - Europe
- 8.4.1. Europe: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
- 8.4.2. Europe: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
- 8.4.3. Europe: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.4. Corrosion Resistant Resin Market - UK
  - 8.4.4.1. UK: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.4.2. UK: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.4.3. UK: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.5. Corrosion Resistant Resin Market - France
  - 8.4.5.1. France: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.5.2. France: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.5.3. France: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.6. Corrosion Resistant Resin Market - Germany
  - 8.4.6.1. Germany: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.6.2. Germany: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.6.3. Germany: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.7. Corrosion Resistant Resin Market - Italy
  - 8.4.7.1. Italy: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.7.2. Italy: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.7.3. Italy: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.8. Corrosion Resistant Resin Market - Spain
  - 8.4.8.1. Spain: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.8.2. Spain: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.8.3. Spain: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.9. Corrosion Resistant Resin Market - Netherlands
  - 8.4.9.1. Netherlands: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.9.2. Netherlands: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.9.3. Netherlands: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.10. Corrosion Resistant Resin Market - Russia
  - 8.4.10.1. Russia: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.10.2. Russia: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.10.3. Russia: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.4.11. Corrosion Resistant Resin Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.4.11.2. Rest of Europe: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.4.11.3. Rest of Europe: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
8.5. Corrosion Resistant Resin Market - Asia Pacific
- 8.5.1. Asia Pacific: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
- 8.5.2. Asia Pacific: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
- 8.5.3. Asia Pacific: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.4. Corrosion Resistant Resin Market - China
  - 8.5.4.1. China: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.4.2. China: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.4.3. China: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.5. Corrosion Resistant Resin Market - India
  - 8.5.5.1. India: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.5.2. India: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.5.3. India: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.6. Corrosion Resistant Resin Market - Malaysia
  - 8.5.6.1. Malaysia: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.6.2. Malaysia: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.6.3. Malaysia: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.7. Corrosion Resistant Resin Market - Japan
  - 8.5.7.1. Japan: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.7.2. Japan: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.7.3. Japan: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.8. Corrosion Resistant Resin Market - Indonesia
  - 8.5.8.1. Indonesia: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.8.2. Indonesia: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.8.3. Indonesia: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.9. Corrosion Resistant Resin Market - South Korea
  - 8.5.9.1. South Korea: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.9.2. South Korea: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.9.3. South Korea: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.10. Corrosion Resistant Resin Market - Australia
  - 8.5.10.1. Australia: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.10.2. Australia: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.10.3. Australia: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.5.11. Corrosion Resistant Resin Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.5.11.2. Rest of Asia Pacific: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.5.11.3. Rest of Asia Pacific: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
8.6. Corrosion Resistant Resin Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
- 8.6.2. Middle East & Africa: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
- 8.6.3. Middle East & Africa: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.6.4. Corrosion Resistant Resin Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.6.4.2. Saudi Arabia: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.6.4.3. Saudi Arabia: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.6.5. Corrosion Resistant Resin Market - UAE
  - 8.6.5.1. UAE: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.6.5.2. UAE: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.6.5.3. UAE: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.6.6. Corrosion Resistant Resin Market - Israel
  - 8.6.6.1. Israel: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.6.6.2. Israel: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.6.6.3. Israel: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.6.7. Corrosion Resistant Resin Market - South Africa
  - 8.6.7.1. South Africa: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.6.7.2. South Africa: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.6.7.3. South Africa: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.6.8. Corrosion Resistant Resin Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.6.8.2. Rest of Middle East & Africa: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.6.8.3. Rest of Middle East & Africa: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
8.7. Corrosion Resistant Resin Market - Latin America
- 8.7.1. Latin America: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
- 8.7.2. Latin America: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
- 8.7.3. Latin America: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.7.4. Corrosion Resistant Resin Market - Mexico
  - 8.7.4.1. Mexico: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.7.4.2. Mexico: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.7.4.3. Mexico: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.7.5. Corrosion Resistant Resin Market - Brazil
  - 8.7.5.1. Brazil: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.7.5.2. Brazil: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.7.5.3. Brazil: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.7.6. Corrosion Resistant Resin Market - Argentina
  - 8.7.6.1. Argentina: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.7.6.2. Argentina: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.7.6.3. Argentina: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)
- 8.7.7. Corrosion Resistant Resin Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Corrosion Resistant Resin Market, by Type, 2020-2034 (USD billion)
  - 8.7.7.2. Rest of Latin America: Corrosion Resistant Resin Market, by Application, 2020-2034 (USD billion)
  - 8.7.7.3. Rest of Latin America: Corrosion Resistant Resin Market, by End-Use, 2020-2034 (USD billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Ashland
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Huntsman International LLC.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Hexion Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. AOC
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Olin Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Sino Polymer Co., Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. SWANCOR
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Grasim Industries Limited
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. TotalEnergies
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Allnex GMBH
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. BASF SE
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. Reichhold LLC
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Scott Bader Company Ltd.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development