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Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Estimated to Reach $2.73 Billion by 2029, Expanding at a CAGR of 7.6% | Major Drivers, Segments, and Competitive Outlook

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Growth?

The market size for Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings has been consistently growing in recent years. It is projected to increase from $1.94 billion in 2024 to $2.03 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.6%.

What Is the Predicted Industry Size and CAGR of the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market in 2029?

The market size for Corrosion Under Insulation (CUI) and Spray-on Insulation (SOI) Coatings is predicted to reach $2.73 billion in 2029, with a compound annual growth rate (CAGR) of 7.6%.

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Which Factors Are Driving Growth in the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market?

The key Drivers in the corrosion under insulation (cui) & spray-on insulation (soi) coatings market are:

• Rapidly expanding end-use industries like marine, oil and gas, petrochemical and construction sectors.
• Increased need for coating to protect pipelines that are constantly exposed to corrosive chemicals and moisture.
• Huge demand for CUI and SOI coatings due to increasing industrialization and economic growth.
• Global energy investment expansion and increased construction spending boosting the need for these specialized coatings.

Which Segment Trends Are Covered in the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market Forecast?

The corrosion under insulation (cui) & spray-on insulation (soi) coatingsmarket covered in this report is segmented –
1) By Product: Solvent-Based Coating, Water-Based Paint, Powder Coating
2) By Material: Epoxy Anticorrosive Coating, Polyurethane Coating, Inorganic Zinc-Rich Coating, Alkyd Coating, Acrylic Coating, Chlorinated Rubber Coating, Other Materials
3) By End-User: Marine, Oil and Gas and Petrochemical, Energy and Power, Other End-Users

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What Are the Current Market Trends in the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Industry?

The key trends in the corrosion under insulation (cui) & spray-on insulation (soi) coatings market are:

• The trend of strategic partnerships is increasingly shaping the CUI and SOI coatings market.
• These partnerships often involve the joining forces of major companies in the industry.
• An ongoing trend is to leverage partnerships to broaden market penetration and expand product offerings.
• The ultimate goal of many partnerships is to create more sustainable and eco-friendly practices in the industry.

Who are the Key Companies in the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market?

The key players 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.
• Axalta Coating Systems Ltd.
• H.B. Fuller Company
• BASF SE
• Ameron International Corporation
• Denso North America Inc.
• ENECON Corporation

What are the Regional Trends Across the Corrosion Under Insulation (CUI) & Spray-on Insulation (SOI) Coatings Market?

Asia-Pacific was the largest region in the corrosion under insulation (CUI) & spray-on insulation (SOI) coatings market in 2024

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