Corrosion Resistant Resin Market By Type (Epoxy, Polyester, Polyurethane, and Vinyl Ester), By Application (Coating, and Composites), By End-User Industry (Marine, Automotive & transportation, Oil & gas, Infrastructure, and Heavy Industries), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2030

Market for corrosion-resistant resin was valued at US$ 9.0 million in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 5.9% to reach US$ 15.81 million by 2030.

Since corrosion-resistant resins have excellent mechanical performance, outstanding adhesion, and chemical resistance under various challenging conditions, they are intended to shield the fibers they encircle in a composite material. Resins' endurance and curing properties make them ideal for use in composite materials, such as pipelines, process tanks, and storage tanks. Glass containers, stainless steel items, coated steel, and a broad range of plastics are just a few of the uses for corrosion-resistant resins. The type of resin chosen for the composite application determines corrosion resistance. Many resin-resistant technologies are available that offer corrosion resistance over an extended period.