Pipe Coatings Market Leads USD 16.84 Bn at 5.40% CAGR

Pipe Coatings Market- Industry Size, Companies & Share

According to market projections,The global pipe coatings market size was estimated at USD 9.95 billion in 2024 and is predicted to increase from USD 10.49 billion in 2025 to approximately USD 16.84 billion by 2034, expanding at a CAGR of 5.40% from 2025 to 2034. The North America pipe coatings market size was estimated at USD 3.0 billion in 2024 and is predicted to increase from USD 3.16 billion in 2025 to approximately USD 5.08 billion by 2034, expanding at a CAGR of 5.41% from 2025 to 2034.

Last Updated: 03 April 2025 Category: Metals & Alloys Insight Code: 1023 Format: PDF / PPT / Excel

Pipe Coatings Market  Size, Share & Industry Analysis

The global pipe coatings market size was valued at USD 9.95 billion in 2024 and is growing to approximately USD 16.84 billion by 2034, with a developing compound annual growth rate (CAGR) of 5.40% over the forecast period 2025 to 2034. The ongoing expansion of the oil and gas industry and government regulation toward clean water management is actively stimulating market progression in the current scenario.

Pipe Coatings Market Size 2024 to 2034

Pipe Coatings Market Key Takeaways

  • The U.S. pipe coatings market size was estimated at USD 2.10 billion in 2024 and is projected to grow at a CAGR of 6.14% from 2025 to 2034.
  • The North America dominated the pipe Coatings market with the largest revenue share of 30.14% in 2024.
  • The Asia-Pacific has held revenue share of around 27.25% in 2024.
  • By type, the Thermoplastic polymer coatings type dominated the market with the highest revenue share of 34.19% in 2024. 
  • By type, the fusion bonding epoxy segment is expected to grow at a exponential CAGR over the forecast period
  • By form, the powder segment led the market with the largest revenue share of 79.45% in 2024.
  • By form, the liquid coating segment is expected to witness at a significant CAGR during the forecast period
  • By application, the oil and gas segment accounted for the largest revenue share of 35.11% in 2024
  • By application, the water and wastewater segment is expected to witness at a significant CAGR during the forecast period.

Pipe Coatings Market Overview

The pipe coatings market has witnessed fast-paced growth in the recent period. The need for longer life and corrosion protective pipe is majorly contributing to the market growth in recent years. As ongoing expansion of industries such as construction, oil and gas, and water distribution, pipe coating are gaining substantial market attraction in the current period. By maintaining the high quality and long-lasting pipeline infrastructure, the demand for the pipe coating is increased globally. Moreover, the manufacturers are actively investing in research and development of innovative coating combinations that can provide an easier application manual for complex structures of pipes in the coming period.

According to Volvza, Turkey maintained a leading position in shipments of pipe coating with 234, Russia with 227, and China with 104 shipments of pipe coating in 2024.

Exports of Pipe Coating from Different Countires, by Shipments

The rapid expansion of the oil and gas industry has been driving market growth in recent years. The pipelines for oil transportation gained significant attention during the middle years as pipelines are getting rusts and reducing its longer life. Thus, the pipe coating materials are risen as the ideal solution for it. Also, the increasing offshore explorations are increasingly contributing to the pipe coating market potentials in the current period. Moreover, the demand for fusion-bonded epoxy and multi-layer coating is increasing from the oil and gas industries in the current period.

Growing investments in water infrastructures are spearheading the market demand in the current period. Globally governments are actively seen in investing wastewater management programs and leads to the pipe coating demand in recent years. In some regions, there is an increased use of cement mortar coating for municipal water systems.

Technological advancements in pipes are actively driving the growth of the market recently. The latest coatings are built with durability, sustainability, and improved efficacy, which is becoming an ideal solution for multiple industry uses. The manufacturers are developing are seen in developing smart coating with embedded sensors that can optimize corrosion and leaks in real time.

Heavy expansion of renewable energy pipelines has gained major market share in the current period. The trend towards sustainability and the need for pipelines that transport biofuels have increased. Thus, the manufacturers are using coating for pipelines actively for preventing pipes from chemical exposures.

Pipe Coating Market Report Scope

Report Attributes Details
Market size in 2025 USD 10.49 Billion
Expected size in 2034 USD 16.84 Billion
Growth Rate CAGR of 5.40% from 2025 to 2034
Base Year Of Estimation 2024
Forecast Period 2025-2034
Dominant Region North America
Segment Covered By Type, Form, Application, Region
Key Companies Profile PPG Industries, Inc.; Akzo Nobel N.V. The Sherwin-Williams Company; Valspar Industrial. ; Axalta Coating Systems, LLC ; WASCO ENERGY GROUP OF COMPANIES; Arkema Group; 3M; SHAWCOR; Berry Plastics Cpg; Tenaris; Winn & Coales (Denso) Ltd; Aegion Corporation; Dura-Bond Industries; Eupec Pipecoatings France; L.B. Foster Company; Arabian Pipe Coating Company; Perma-Pipe, Inc; Jotun; DuPont

Hydrogen Pipelines: The Next Big Opportunity Coatings In Pipe Coatings Market

The expansion of the green energy projects is expected to create lucrative opportunities for the pipe coating market during the forecast period. The manufacturers are actively focusing on creating hydrogen transport pipelines as a global shift toward sustainability. Moreover, several companies are trying to get early mover advantages from creating innovative pipes that can provide more benefits than traditional coatings. Also, the coating producers can create partnerships with hydrogen energy firms to gain maximum market attention in the coming years. Also, favorable government laws are likely to support manufacturing in the future

High Cost Barriers Slower Innovation in Pipe Coatings

The higher investment cost of advanced coating technologies is anticipated to impede market growth during the forecast period. These types of technologies require a skilled workforce and specialized equipment, which is expensive sometimes. Moreover, specialized coating demand from industries such as oil and gas and others needs durable coating that provides thermal insulation and chemical protection. The specialized coating needs a professional workforce and expensive raw materials that can hamper manufacturers' productivity of other coating lines. This heavy investment can create significant challenges for new entrants in the coming years.   

Pipe Coatings Market Regional Insights

North America 

North America dominated the pipe coatings market in 2024. The large investment in protective technology is maintaining the market dominance in the region. Having strong industrial bases and modern technological advancements in coating materials is actively contributing to the market potential in recent days. Moreover, countries such as Mexico, Canada, and the United States are seen in launching heavy pipeline projects like the Trans Mountain Expansion Project in Canada and the Permian Highway Pipeline in the United States recently.

Rising Investments in Infrastructure Secure United States Pipe Coating Leadership

United States has had a major market share in pipe coating sales over the years. The United States has the largest pipeline infrastructure for liquid petroleum and natural gas in the current period. The heavier momentum of pipelines from the enlarged manufacturing industries is driving the market growth in the country. The technological advancements and heavy investment in the innovation of cost-effective and long-lasting coating is a substantial market share in the country nowadays. Moreover, the expansion of water waste management industries is heavily consuming stronger pipe coating for the longer protection of pipes.

Pipe Coatings Market Share, By Region, 2024 (%)    

By Region Revenue Share 2024 (%)
North America 30.14%
Asia Pacific 27.25%
Europe 22.45%
Latin America 12.08%
Middle East and Africa 8.08%

Asia Pacific

Asia Pacific is expected to dominate the pipe coatings market in the forecast period. Factors such as rapid industrialization, heavy infrastructure projects, and increased focus on energy security will drive the market growth in the coming years. the emerging economies such as India, China and Japan is a majorly contributing the market expansion recent years with launching heavier projects for water cleaning and oil industry advancement in the country.

China’s Strategic Investments Drive Pipe Coating Market with Innovations.China is expected to become an emerging country for coating consumption during the forecast period. China has the largest pipeline connection in the Asia region nowadays. Moreover, heavy investment in water projects can lead to market potential in the country for a future period. The strong manufacturing capacity of pipe coating, such as epoxy and polyurethane, is likely to develop a profitable market environment during the anticipated period in China.

Moreover, the favorable government policies and support can create massive opportunities for the manufacturer of pipe coating in the coming years. Also, the modern technological advancement of China can play a major role in the growth of the industry potential during the forecast period. Furthermore, manufacturers are actively collaborating with companies to boost their product portfolio.

  • For instance, Evonik Coating Additives and Nippon Paint China recently announced a collaboration with the aim of developing eco-friendly coating solutions for the coming years. The partnership was signed in Shanghai in 2025.

Pipe Coatings Market Segmental Insights

By Type Insights

The thermoplastic polymer coatings segment held the dominating share of the pipe coatings market in 2024. These coatings boast advantages such as adaptability, higher protectiveness, and cost-effectivity is maintaining the segment dominance in the current period. This coating has become an ideal choice for industries such as water treatment, oil and gas, and construction due to its beneficial properties. The thermoplastic polymer coating continuously offers durability, thermal stability, and impressive corrosion resistance to these sectors in the current time period. Also, these coatings protect pipelines against harsh environments like moisture and chemicals. Moreover, the thermoplastic coating sees heavy use in oil and gas industries nowadays, akin to its high underground environment where exposure to corrosive elements is high.

However, the fusion bonding epoxy segment is expected to experience significant market growth in the future. The pipeline protection industry is evolving rapidly where the superior qualities are getting attraction in recent years. Furthermore, the fusion bonding coating segment growth can be attributed to the rising water infrastructure and utility projects in the coming years. This coating has excellent adhesions that ensure metal surfaces are safe from highly humid and submerged conditions. Moreover, the increasing high-temperature application from different industries like power plants, chemical processing, and geothermal energy projects is expected to contribute to the growth of the segment in the coming years. 

By Form Insights

The powder segment led the pipe coatings market in 2024. The need for highly protective and long-lasting powder coatings is leading to high powder coating sales in the current market environment. Having greater protection qualities like immense resistance to chemicals and corrosion in any weather conditions makes it a preferred choice for the industries, mainly in water treatment.

Moreover, the unique benefits of powder coatings, such as the ability to create a dense and durable barrier, is leading segment growth, minimizing the cost of multilayer coating in recent years. Also, technical advancement is driving the powder coating segment expansion in similar industries by integrating innovative combinations in coating nowadays. Moreover, the changes in application, such as fluidized bed coating and electrostatic spray coating, can create exceptional opportunities for the segment growth.

Pipe Coatings Market Share, By Form, 2024 (%)

By Form Revenue Share 2024 (%)
Powder 79.45%
Liquid 22.55%

The liquid coating segment is expected to grow at the fastest rate during the forecast period. The sudden surge in global infrastructure development and usage of pipelines of energy transportation may drive the segment growth during the anticipated period as the liquid coating is increasingly used in pipelines that transport aggressive substances such as petroleum, chemicals, and raw crude oils in the recent years. Also, having diverse and seamless application in complex pipe structures can increase segment potential in the future period. 

By Application Insights 

The oil and gas segment held the largest share of the market in 2024. The increased need for the efficient transportation of resources and long-lasting corrosion protection in very weather events is spreading the segment growth in the current days. As the sector is exposed to highly corrosive sites, the individuals are increasingly using pipeline coating in offshore drilling sites in recent years. Also, without the pipeline coating, several companies face metal degradation. Moreover, the rising exploration of unconventional oil and gas resources such as deep-water resources, shell gasses, and oil sands are leading coating sales in the current period. Also, the industrialists are seeking for the coating which is cost effective and durable can gain market attraction in the future.

Pipe Coatings Market Share, By Application , 2024 (%)  

By Application Revenue Share 2024 (%)
Oil and Gas 35.11%
Water and Wastewater 31.09%
Chemical Processing 15.06%
Mining 8.11%
Agriculture 6.19%
Other Applications 4.44%

The water and wastewater segment are seen to grow at a notable rate during the predicted timeframe. The increasing governmental initiatives towards clean water and clean environment will create growth opportunities for the coating in the future. Several coatings are used in waste water pipelines due to their exceptional qualities, such as providing a protective shield to pipelines from any chemicals and rust protection. Furthermore, the wastewater includes the latest chemicals, which can damage the water pipeline in some years; thus, coating manufacturers are actively researching the coating that can protect from this specialized chemical, which is not protected by older coatings.

Current Updates In Pipe Coatings Market

  • In 2024, Sherwin-Williams introduced the latest category of pipe coating named Frac-Shun ERC. This coating protects pipes from erosion while reducing downtime and maintenance costs. Also, this coating is available in powder form. The coating is suitable for the large and small diameter steel pipes and likely provides greater protection against erosion.
  • In 2024, NOV launched the latest tubular internal coating technology for the drilling tools. The technology aims to reduce thermal conductivity while increasing the operational efficacy of the tools. This coating is called TK-Drakon, and it is an insulating coating to maintain drilling tools in a temperature environment.
  • In 2024, VALLOUREC acquired a leading thermal insulation pipe coating service provider called Thermotite do Brasil Ltda. This acquisition aims to support Vallourec’s premiumization strategy and establish its presence across the industry value chain for offshore and deep-water markets.

Pipe Coatings Market Key Companies

Pipe Coatings Market Companies

Segments Covered In The Report

By Type

  • Thermoplastic Polymer Coatings
  • Fusion Bonded Epoxy Coatings
  • Bituminous
  • Concrete
  • Other Types

By Form 

  • Liquid
  • Powder
  • Solvent

By Application 

  • Oil & Gas
  • Water & Wastewater
  • Chemical Processing
  • Mining
  • Agriculture
  • Other Applications

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Argentina
  • The Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Aditi Shivarkar, with 14+ years in Chem and Materials market research, specializes in Chem and Materials. She ensures accurate, actionable insights, driving Towards Chem and Materials excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

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