Potable Water Tank Coatings Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.0 Billion by 2033, exhibiting a CAGR of 6.1% from 2026 to 2033.
The global potable water tank coatings market was valued at approximately USD 38.2 billion in 2022 and is projected to reach around USD 57.06 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period. This growth is primarily driven by the increasing demand for clean water storage solutions and the expansion of infrastructure projects worldwide. The market is segmented by coating types, including phenolic epoxy paint, pure epoxy paint, and solvent free paint, with phenolic epoxy coatings offering notable chemical resistance and durability. Applications span across ships, water storage tanks, pipelines, and other infrastructure requiring corrosion protection.
Regionally, Asia Pacific dominated the market in 2022, with countries like China, Japan, India, and Korea contributing significantly due to rapid urbanization and heightened demand for potable water storage solutions. North America also held a substantial market share, driven by the need to maintain and upgrade aging water infrastructure in the United States and Canada. Europe maintained a significant portion of the market, with countries such as Germany, France, and the United Kingdom emphasizing water quality and investing in potable water tank coatings. Emerging economies in Latin America and the Middle East & Africa are also showing potential for market growth as they work to improve access to clean water and upgrade existing water storage facilities.
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AkzoNobel
Jotun
Hempel
PPG Industries
Chugoku Marine Paints
BASF
Nippon Paint
KCC
Sherwin-Williams
RPM International
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Potable Water Tank Coatings Market
Epoxy Coatings
Polyurethane Coatings
Polyurea Coatings
Bituminous Coatings
Acrylic Coatings
Spray Application
Brush Application
Roller Application
Electrostatic Application
Municipal Water Supply
Industrial Water Supply
Agricultural Water Supply
Commercial Water Supply
Liquid Coatings
Powder Coatings
Hybrid Coatings
NSF/ANSI 61 Certification
FDA Compliance
ISO 9001 Certification
EPA Regulations
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Potable Water Tank Coatings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Potable Water Tank Coatings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Potable Water Tank Coatings Market, By Type
6. Global Potable Water Tank Coatings Market, By Application
7. Global Potable Water Tank Coatings Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Potable Water Tank Coatings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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