South Korea Protective Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The South Korea Arabia Protective Coatings Market is segmented by Resin Type (Epoxy, Acrylic, Alkyd, Polyurethane, Polyester, and Other Resin Types), Technology (Water borne Coatings, Solvent Borne Coatings, Powder Coatings, and UV Cured Coatings), and End-User Industry (Oil and Gas, Mining, Power, Infrastructure, and Other End User Industry). The report offers market size and forecasts in terms of revenue (USD million) for all the above segments.

South Korea Protective Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South Korea Protective Coatings Market Size

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South Korea Protective Coatings Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 4.00 %
Market Concentration Low

Major Players

South Korea Protective Coatings Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South Korea Protective Coatings Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

South Korea Protective Coatings Market Analysis

The South Korea Protective Coatings Market is expected to register a CAGR of greater than 4% during the forecast period.

COVID-19 negatively impacted the market in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is forecasted to grow steadily.

  • The driving factors that tend to the market growth include initiatives and policies from the government for the development of infrastructure, increasing revenue generation from various industries such as plastics, pharmaceutical among others, and a rising trend of a shift in focus towards bio-based coatings are the key market trends that are driving the market.
  • The infrastructure sector dominated the market and is likely to continue its dominance during the forecast period.
  • The supply chain disruptions cause a hike in the prices of raw materials, creating hindrances in the market.
  • The growing options for bio-based coatings are further likely to provide opportunities for the studied market during the forecast period.

South Korea Protective Coatings Industry Overview

The South Korea protective coatings market is fragmented in nature. Some of the major players in the market (not in any particular order) include RPM International Inc, AkzoNobel NV, Jotun, The Sherwin-Williams Company, and PPG Industries, among others.

South Korea Protective Coatings Market Leaders

  1. RPM International Inc.

  2. AkzoNobel N.V.

  3. Jotun

  4. The Sherwin-Williams Company

  5. PPG Industries, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Protective Coatings Market Concentration
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South Korea Protective Coatings Market News

The recent developments pertaining to the major players in the market are being covered in the complete study.

South Korea Protective Coatings Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 The Rise in Demand from the Infrastructure sector
    • 4.2.2 Industry and Processing showing Positive Signs.
  • 4.3 Market Restraints
    • 4.3.1 Price Hikes of Raw Materials
    • 4.3.2 Other Restraints
  • 4.4 Industry Value Chain Analysis
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Resin Type
    • 5.1.1 Epoxy
    • 5.1.2 Acrylic
    • 5.1.3 Alkyd
    • 5.1.4 Polyurethane
    • 5.1.5 Polyester
    • 5.1.6 Other Resin Type
  • 5.2 Technology
    • 5.2.1 Water Borne Coatings
    • 5.2.2 Solvent Borne Coatings
    • 5.2.3 Powder Coatings
    • 5.2.4 UV Cured Coatings
  • 5.3 End User Industry
    • 5.3.1 Oil and Gas
    • 5.3.2 Mining
    • 5.3.3 Power
    • 5.3.4 Infrastructure
    • 5.3.5 Other End User Industry

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) **/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AkzoNobel N.V.
    • 6.4.2 Axalta Coating Systems
    • 6.4.3 Helios Coatings
    • 6.4.4 Hempel A/S
    • 6.4.5 Jotun
    • 6.4.6 Innochem
    • 6.4.7 Nanoshine Group Corp
    • 6.4.8 Nippon Paint China
    • 6.4.9 Noroo Paint
    • 6.4.10 PPG Industries Inc.
    • 6.4.11 RPM International Inc
    • 6.4.12 Sino Polymer
    • 6.4.13 The Sherwin Williams Company
    • 6.4.14 TIB Chemicals
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Bio-Based Coatings for Sustainable Solutions
**Subject to Availability
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South Korea Protective Coatings Industry Segmentation

Protective Coatings are made of various raw materials, including resins, additives, pigments, solvents, and other materials. They are used to protect infrastructure, petrochemical industries, and oil and gas industries from corrosion, and environmental effects, including acid rain, among others. The market is segmented based on resin, technology, and the end-user industry. By resin type, the market is segmented into Resin Epoxy, Acrylic, Alkyd, Polyurethane, Polyester, and Other Resin Types. By Technology, the market is segmented into Water borne Coatings, Solvent Borne Coatings, Powder Coatings, and UV Cured Coatings. By End-User Industry, the market is segmented into Oil and Gas, Mining, Power, Infrastructure, and Other End-User Industries. The report also covers the market size and forecasts for the South Korea Protective Coatings market. The report offers market size and forecasts for revenue (USD million) for all the above segments.

Resin Type Epoxy
Acrylic
Alkyd
Polyurethane
Polyester
Other Resin Type
Technology Water Borne Coatings
Solvent Borne Coatings
Powder Coatings
UV Cured Coatings
End User Industry Oil and Gas
Mining
Power
Infrastructure
Other End User Industry
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South Korea Protective Coatings Market Research FAQs

What is the current South Korea Protective Coatings Market size?

The South Korea Protective Coatings Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in South Korea Protective Coatings Market?

RPM International Inc., AkzoNobel N.V., Jotun, The Sherwin-Williams Company and PPG Industries, Inc. are the major companies operating in the South Korea Protective Coatings Market.

What years does this South Korea Protective Coatings Market cover?

The report covers the South Korea Protective Coatings Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Korea Protective Coatings Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South Korea Protective Coatings Industry Report

Statistics for the 2025 South Korea Protective Coatings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Korea Protective Coatings analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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