How big is the pipe coating market | Manufacturers & List 2025

Code: MTA7931 Publication Date: Aug 2025

How big is the pipe coating market?

According to 6Wresearch internal database and industry insights, the Global Pipe Coating Market was valued at USD 9.2 Billion in 2024 and is expected to reach USD 13.6 Billion by 2031, growing at a compound annual growth rate of 7.20% during the forecast period of 2025 to 2031.

The market growth is driven by rising demand for oil & gas transportation, expansion of water infrastructure projects, and increasing use of advanced coating materials to enhance durability and corrosion resistance. Growing investments in pipeline construction and the need for efficient protection against harsh environmental conditions are further fuelling adoption.

Key Growth Drivers of the Pipe Coating Market

  • The rising demand in oil, gas and water transporting global pipelines.
  • Increase in the use of anti-corrosive and abrasion resistant coatings
  • Investments in infrastructural projects in developing economies
  • Innovations in Fusion-bonded epoxy and polyurethane coatings which is technological.
  • Increasing attention to pipeline life extension and lower maintenance costs

Pipe Coating Market Trends

The pipe coating market is witnessing trends such as increased use of high-performance thermoplastic and composite coatings, growing emphasis on environmentally friendly and low-VOC coating solutions, and adoption of automated coating application systems for efficiency and consistency. There is also an increase in offshore and deep-water pipeline projects which is providing stimulus to advanced multilayer coating systems. Moreover, integrate smart coatings include self-healing coatings and real-time monitoring functionality is becoming popular in high valued projects.

Emerging Developments in the Pipe Coating Market

The pipe coating market is experiencing developments like the launch of eco-friendly coating solutions, strategic mergers and acquisitions among coating manufacturers, and partnerships between pipeline contractors and chemical companies. Increasing R&D efforts to create high-strength coatings for extreme climates and subsea applications are also advancing industry growth.

List of Leading Companies in the Pipe Coating Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. AkzoNobel N.V.

Company Name AkzoNobel N.V.
Establishment Year 1994
Headquarter Amsterdam, Netherlands
Official Website Click Here

Provides advanced pipeline coating solutions including fusion-bonded epoxy and polyurethane coatings, ensuring corrosion protection, durability, and performance for oil, gas, and water pipelines.

2. PPG Industries, Inc.

Company Name PPG Industries, Inc.
Establishment Year 1883
Headquarter Pittsburgh, Pennsylvania, USA
Official Website Click Here

Develops specialized pipeline coating technologies, offering protective and functional coatings that enhance efficiency, extend service life, and support harsh environment applications.

3. 3M Company

Company Name 3M Company
Establishment Year 1902
Headquarter Saint Paul, Minnesota, USA
Official Website Click Here

Delivers innovative pipeline coating systems with advanced adhesives and protective films, ensuring high-performance corrosion resistance and long-term reliability.

4. Shawcor Ltd.

Company Name Shawcor Ltd.
Establishment Year 1932
Headquarter Toronto, Canada
Official Website Click Here

Global leader in pipe coating services, offering multi-layer polyethylene, polypropylene, and fusion-bonded epoxy systems for oil, gas, and water pipeline networks.

5. The Sherwin-Williams Company

Company Name The Sherwin-Williams Company
Establishment Year 1866
Headquarter Cleveland, Ohio, USA
Official Website Click Here

Provides high-performance pipeline coating materials that protect against corrosion, chemical exposure, and extreme conditions for oil, gas, water, and infrastructure projects worldwide.

6. BASF SE

Company Name BASF SE
Establishment Year 1865
Headquarter Ludwigshafen, Germany
Official Website Click Here

Develops advanced pipeline coating materials with strong chemical resistance, ensuring improved performance, reduced maintenance, and sustainable protection in demanding environments.

7. Wasco Energy Group of Companies

Company Name Wasco Energy Group of Companies
Establishment Year 2003
Headquarter Kuala Lumpur, Malaysia
Official Website Click Here

Specializes in integrated pipe coating services, including anti-corrosion and insulation coatings, supporting global energy infrastructure projects with innovative solutions.

8. Tenaris S.A.

Company Name Tenaris S.A.
Establishment Year 2002
Headquarter Luxembourg City, Luxembourg
Official Website Click Here

Provides coated pipeline products with advanced anti-corrosion and thermal insulation technologies, ensuring efficiency, safety, and longevity in global oil, gas, and industrial sectors.

9. Nippon Steel Corporation

Company Name Nippon Steel Corporation
Establishment Year 1950
Headquarter Tokyo, Japan
Official Website Click Here

Offers coated steel pipes with corrosion-resistant and durable finishes, supporting energy infrastructure across oil, gas, and water transportation worldwide.

10. ArcelorMittal

Company Name ArcelorMittal
Establishment Year 2006
Headquarter Luxembourg City, Luxembourg
Official Website Click Here

Produces high-quality coated steel pipes with innovative protective systems, enabling long-term durability and performance in oil, gas, and construction industries.

How big is the pipe coating market: FAQs

It was valued at USD 9.2 Billion in 2024 and is projected to reach USD 13.6 Billion by 2031.
The pipe coating market is expected to grow at a CAGR of 7.20% from 2025 to 2031.
Rising pipeline construction, demand for anti-corrosion coatings, and infrastructure expansion.
Eco-friendly coatings, multilayer systems, and automated application technologies.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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