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Corrosion Resistant Resin Market to Reach USD 17.95 billion by 2034 with 6.9% CAGR Growth, Fueled by Innovation

02-27-2025 05:43 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Corrosion Resistant Resin Market to Reach USD 17.95 billion

Corrosion Resistant Resin Market

Corrosion Resistant Resin -Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global corrosion resistant resin market was estimated to be worth USD 9.23 billion in 2024 and is predicted to expand to USD 17.95 billion by 2034, with a CAGR of 6.9% from 2025 to 2034.

Report Scope:

This comprehensive study provides an accurate overview of the worldwide corrosion resistant resin industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by type, application, end use, and region in the study, which offers a comprehensive picture of the state of the market.

Market Definition:

These resins are utilized where prolonged aversion to chemical assault is important or where operating at elevated temperatures. Corrosion resistant resins are essentially expressed as isophthalic, terephthalic and vinyl ester resins, but other speciality founded resins are also utilized. Vinyl ester resins are utilized substantially in boat structuring and prohibiting hull blistering.

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Drivers and Trends:

📚 There has been an exponential rise in funding for construction projects. For instance, as per Trading Economics, in India, the housing index surged to 116 points in the second quarter of 2024, a notable surge from 107 points in 2022.
📚 The prices linked with aversion are a prominent worry amongst builders and governments. For instance, as per the International Zinc Association, in India, it is approximated that the country mislays 5-7% of its GDP yearly due to corrosion linked damage.

Top Companies:

The market is continuously developing with several firms struggling to invent and differentiate themselves. Here are the top companies in the corrosion resistant resin market:

• Allnex GMBH
• AOC
• Ashland
• BASF SE
• Grasim Industries Limited
• Hexion Inc.
• Huntsman International LLC.
• Olin Corporation
• Reichhold LLC
• Scott Bader Company Ltd.
• Sino Polymer Co., Ltd.
• SWANCOR
• TotalEnergies

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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.

Country-Wise Insights

According to regional research, North America dominated the market. The region's growth is aided by the augmentation of the automotive manufacturing sector. Also, Asia Pacific is anticipated to emerge as the fastest-growing region in the corrosion resistant resin market.

Corrosion Resistant Resin Market, Regional Outlook
✅ North America
☛ Type Outlook
» Epoxy
» Polyurethanes
» Polyester
» Vinyl Ester
» Others
☛ Applications Outlook
» Coating
» Composites
» End-use Outlook
» Chemical
» Marine
» Oil & Gas
» Automobiles
» Others

✅ Europe
☛ Type Outlook
» Epoxy
» Polyurethanes
» Polyester
» Vinyl Ester
» Others
☛ Applications Outlook
» Coating
» Composites
» End-use Outlook
» Chemical
» Marine
» Oil & Gas
» Automobiles
» Others

Explore The Complete Report:
https://www.polarismarketresearch.com/industry-analysis/corrosion-resistant-resin-market

✔ FAQ's

1. What are the corrosion resistant resin market stats?
• The corrosion resistant resin market size was valued at USD 9.23 billion in 2024 and is projected to grow to USD 17.95 billion by 2034.

2. What is the growth rate of the corrosion resistant resin market value?
• The global market is projected to register a CAGR of 6.9% from 2025 to 2034.

3. Which region held the largest market share in 2024?
• North America had the largest share of the global market in 2024.

4. Which type segment is expected to experience significant growth with a high CAGR in the global market?
• The epoxy segment is anticipated to experience substantial growth with a significant CAGR in the global market. This growth is due to their exceptional adhesion, chemical resistance, and durability.

5. Which application segment is expected to dominate the corrosion resistant resin market in the forecasted years?
• The coating segment is expected to dominate the corrosion resistant resin market in the forecasted years.

Segmental Outlook
Corrosion Resistant Resin Market, Type Outlook (Revenue - USD Billion, 2020-2034)
• Epoxy
• Polyurethanes
• Polyester
• Vinyl Ester
• Others

Corrosion Resistant Resin Market, Applications Outlook (Revenue - USD Billion, 2020-2034)
• Coating
• Composites

Corrosion Resistant Resin Market, End-use Outlook (Revenue - USD Billion, 2020-2034)
• Chemical
• Marine
• Oil & Gas
• Automobiles
• Others

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About Polaris Market Research & Consulting, Inc:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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