Anticorrosive Primers Market

Anticorrosive Primers Market Outlook (2023 to 2033)

Based on the latest industry analysis by Fact.MR, the global anticorrosive primers market is estimated to be valued at US$ 1.84 billion in 2023 and is forecasted to expand at a CAGR of 6.9% to reach US$ 3.59 billion by the end of 2033.

Anticorrosive primers play an important role in construction projects by preventing the oxidation of metal surfaces. The market has evolved rapidly through technological advancements, ensuring enhanced surface protection from harsh environments, increased use of thin-wall components, and better repair & maintenance of existing structures.

Report Attributes	Details
Anticorrosive Primers Market Size (2022A)	US$ 1.72 Billion
Estimated Market Value (2023E)	US$ 1.84 Billion
Forecasted Market Value (2033F)	US$ 3.59 Billion
Global Market Growth Rate (2023 to 2033)	6.9% CAGR
United States Market Size (2033F)	US$ 1.08 Billion
United States Market Growth Rate (2023 to 2033)	7.4% CAGR
Key Companies Profiled	Noroo Paint & Coatings Peter Kwasny GmbH Polycote UK Akzo Nobel PPG Industries Sherwin-Williams Company Jotun Group Hempel A/s Rust-Oleum Corporation Nippon Paints Kansai Paints Axalta Coating Systems Berger Paints India Limited Asian Paints

Consumption Analysis of Anticorrosive Primers (2018 to 2022) vs. Market Projections (2023 to 2033)

Worldwide sales of anticorrosive primers increased at a CAGR of 3.3% from 2018 to 2022. An anticorrosive primer, especially a metal primer, protects metal surfaces from corrosive agents. Evolution of the anticorrosive primers market, driven by technological advancements, has led to their diversified applications across industries.

Demand growth for anticorrosive primers is being influenced by the construction and automotive sectors, as well as the oil & gas, marine, aerospace, power generation, and chemical sectors.

• Short Term (2023 to 2026): Well-established market within the construction and automotive sectors is poised for decent short-term growth, driven by emerging applications. Utilization of anticorrosive primers for welding and providing robust rust protection on exposed metal surfaces is on the rise.
• Medium Term (2026 to 2029): In the medium term, the global market is projected to expand due to technological advancements leading to increasing applications of anticorrosive primers in the power generation sector. The market is anticipated to encompass various uses, including coatings for light, signal, and transmission structures, as well as their incorporation into architectural structures and components.
• Long Term (2029 to 2033): Soaring popularity of anticorrosive primers and continuous expansion of the automotive, aerospace, and construction industries are expected to be the key driving forces behind the long-term growth of the market. Demand for high-quality anticorrosive primers for surface preparation and protection is anticipated to experience a substantial and sustained increase.

The market is predicted to expand at a CAGR of 6.9% during the forecast period (2023 to 2033), according to Fact.MR, a market research and competitive intelligence provider.

Market share analysis of anticorrosive primers based on type and region has been provided in a nutshell in the above image. Under the type segment, zinc-rich anticorrosive primers lead with 45% market share in 2023.

Market Dynamics Outlook

What are the Factors Leading to Increased Adoption of Anticorrosive Primers?

“Extensive Use of Anticorrosive Primers in Automotive Industry”

Demand for anticorrosive primers is on the rise from the manufacturing sector to safeguard equipment from corrosion and ensure durability and luster. Epoxy-based and alkyd-based primers, suitable for traditional steel and galvanized metal surfaces, dominate this usage.

• Global car sales rose from 66.7 million units in 2021 to 67.2 million units in 2022, and are projected to climb further due to increasing demand for electric vehicles driven by sustainability initiatives.

The automotive sector serves as the primary end-user in this market, with epoxy primers essential for corrosion prevention. The expanding automotive industry is set to push the demand for anticorrosive primers.

“Increased Need for Corrosion Protection for Extending Lifespan of Structures & Equipment”

Anticorrosive primers are being used majorly to reduce maintenance costs and improve the quality of structures such as buildings and bridges. Anticorrosive primer coating provides chemical resistance and prevents rust marks on metals due to oxidation.

Growing awareness about the applications of anticorrosive primers by type and end-use industry is driving product demand globally. Anticorrosive primers find extensive applications in the aerospace industry as well.

What Challenges Do Manufacturers of Anticorrosive Primers Encounter?

“Stringent Environmental Regulations Limiting Adoption of Anticorrosive Primers”

Anticorrosive primer producers encounter challenges owing to stringent regulations governing formulations and the volatile organic compounds present in these primers. Such regulations can constrain their application across industries.

The drive for eco-friendly and non-toxic primers is promoting their adoption in diverse sectors. Transitioning from red lead primers to lead- and chromate-free options could mitigate regulatory limitations. Embracing alternative coating solutions, powered by technological progress, offers a pathway to navigate stringent environmental mandates.

Country-wise Insights

What’s Driving the Demand Growth for Corrosion Protection Primers in the United States?

“Widespread Use of Anticorrosive Primers in Automotive, Aerospace, and Marine Applications”

The rust prevention primers market in the United States is expected to create an absolute $ opportunity of US$ 552.2 million from 2023 to 2033. The United States automotive sector significantly influences the growth of the market. Zinc phosphate and epoxy-based solutions, known for their robust rust protection, are integral for safeguarding metal parts and surfaces.

Demand for anticorrosive primers is on the rise in the country, driven by the robust automobile industry as well as the aerospace and marine sectors. This demand extends further across diverse industries including construction, oil & gas, chemical, and power generation, contributing to the continuous growth of the market.

Why is China a Lucrative Market for Anticorrosive Primer Manufacturers?

“Increased Vehicle Production Necessitating Extensive Use of Anticorrosive Materials”

Rapid industrialization and urbanization are driving the sales of anticorrosive primers in China. Growing infrastructure sector in China is also acting as a significant factor driving the market for rust prevention primers. These primers are extensively employed as corrosion inhibitors to prevent the spoiling of structures such as buildings and bridges. China stands as a major player in the vehicle market, boasting substantial annual sales and manufacturing output.

• Local vehicle production in China is anticipated to reach 35 million units yearly by 2025, which will drive the market for protective coatings in the long run.

Category-wise Insights

Why are Zinc-rich Primers Preferred by End Users?

“Widespread Use of Zinc-rich Primers for Effective Protection of Steel Surfaces”

Zinc-rich anticorrosive primers occupy 45% share of the global market for rust inhibitors at present. They are extensively used in manufacturing industries as steel primers for the protection of steel surfaces from corrosion. They act as a shield to protect critical equipment from humidity, moisture, and oxidation. They protect the metal by electrical means and provide outstanding corrosion resistance.

Organic zinc-rich primers are widely used in highly corrosive environments in industries such as oil, energy, marine, and construction. Their significant application extends to sectors such as chemical plants, ships, and power plants. Additionally, inorganic zinc-rich primers serve as standalone weather protection coatings.

Why are Anticorrosive Primers Gaining Traction in the Chemical Industry?

“Key Role of Anticorrosive Primers in Ensuring Safety & Reliability of Chemical Piping”

Anticorrosive primers are applied to the interior and exterior surfaces of tanks to protect them from corrosion caused by the stored chemicals. These primers create a barrier that prevents chemicals from coming into direct contact with the metal substrate, reducing the risk of corrosion and maintaining the structural integrity of the equipment.

Anticorrosive primers are applied to pipe surfaces to protect them from the corrosive effects of transported chemicals. This helps prevent leaks, maintain the flow of chemicals, and ensure the safety and reliability of the piping infrastructure. The expanding chemical industry is poised to create lucrative opportunities for anticorrosive primer manufacturers over the forecast period.

Key Strategies of Eminent Market Players

Manufacturers are focusing on continuous product innovation and are investing in research & development to introduce new and improved anticorrosive primers. Diversification plays a pivotal role as manufacturers strive to provide anticorrosion treatment products designed for different industries and environments, addressing a wider spectrum of customer needs.

Producers of anticorrosive primers are pursuing geographic expansion, aiming to enter new regions and countries driven by increased recognition of the diverse anticorrosion applications. Additionally, besides new product launches, strategic collaborations with suppliers, distributors, and retailers will play a vital role, enabling extensive product distribution and accessibility.

• In December 2021, Applied Graphene Materials (AGM) introduced a line of anticorrosive primers utilizing its Genable technology. Their Genable epoxy primer combines graphene with a zinc phosphate additive, catering to both urban and industrial use cases.
• Noroo Paint & Coatings, Peter Kwasny GmbH, Polycote UK, Akzo Nobel, PPG Industries, Sherwin-Williams Company, Jotun Group, Hempel A/s, Rust-Oleum Corporation, Nippon Paints, Kansai Paints, Axalta Coating Systems, Berger Paints India Limited, and Asian Paints are leading anticorrosive primer manufacturers.

In its latest industry report, Fact.MR has furnished comprehensive insights into the pricing strategies of prominent anticorrosive primer manufacturers spanning different regions, sales growth trends, production capacities, and upcoming technological advancements.

Segmentation of Anticorrosive Primers Industry Research

• By Type :

  • Epoxy-based
  • Zinc-rich
  • PU-based
  • Alkyd-based
  • Acrylic-based

• By End-use Industry :

  • Oil & Gas
  • Automotive
  • Marine
  • Aerospace
  • Construction
  • Power Generation
  • Chemicals

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa