The Global Steel Structure Protective Coating Market was valued at US$ 21.5 Billion in 2025 and is projected to reach US$ 31.2 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2034). This robust growth is primarily driven by rapid industrialization, increasing investments in infrastructure development, and stringent environmental regulations mandating the use of advanced protective solutions to enhance the durability and sustainability of steel assets.

As industries worldwide prioritize asset longevity and corrosion prevention, the demand for high-performance coatings is accelerating. In this blog, we profile the Top 10 Companies in the Steel Structure Protective Coating Industry—a group of global chemical giants and specialty coating manufacturers that are setting the standards for innovation, performance, and environmental responsibility.

Download FREE Sample Report:
Steel Structure Protective Coating Market – View in Detailed Research Report

---

🔟 1. Sherwin-Williams

Headquarters: Cleveland, Ohio, USA
Key Offering: Epoxy, Polyurethane, and Zinc-rich Primers

Sherwin-Williams is a global leader in protective and marine coatings, offering a comprehensive portfolio for steel structures across industrial, commercial, and infrastructure sectors. Their advanced coating systems are engineered to protect against corrosion, chemical exposure, and extreme weather conditions, ensuring long-term asset integrity.

Innovation & Sustainability Initiatives:

• Development of high-solids and waterborne coatings to reduce VOC emissions

• Acquisition strategy to expand technological capabilities and geographic reach

• Commitment to sustainable product innovation through its sustainability framework

---

9️⃣ 2. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: PPG PROTECTIVE & MARINE COATINGS

PPG is a premier global supplier of protective coatings for steel structures in energy, infrastructure, and industrial applications. The company’s products are renowned for their durability and corrosion resistance, backed by extensive R&D and technical service support.

Innovation & Sustainability Initiatives:

• Pioneering low-VOC and high-performance coating technologies

• Strategic focus on digital tools for coating specification and asset management

---

8️⃣ 3. Akzo Nobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: International® and Interpon® coating brands

Akzo Nobel, through its AkzoNobel Protective Coatings division, provides innovative solutions for protecting steel assets in harsh environments, including offshore platforms, bridges, and power generation facilities. The company is a leader in sustainable coating technologies.

Innovation & Sustainability Initiatives:

• “People. Planet. Paint.” approach integrating sustainability into product development

• Launch of carbon credit program for certified sustainable coatings

---

7️⃣ 4. Jotun

Headquarters: Sandefjord, Norway
Key Offering: Jotunastic, Baltoflake, and Hardtop XP coatings

Jotun is a major force in the protective coatings market, with a strong presence in the marine and offshore sectors. Its products are designed to extend the service life of steel structures while minimizing environmental impact through advanced antifouling and corrosion control systems.

Innovation & Sustainability Initiatives:

• Leadership in biocidal-free antifouling technology (e.g., SeaQuantum®)

• Global footprint with manufacturing facilities and R&D centers worldwide

Download FREE Sample Report:
Steel Structure Protective Coating Market – View in Detailed Research Report

---

6️⃣ 5. Hempel A/S

Headquarters: Lyngby, Denmark
Key Offering: Hempadur, Hempathane, and Hempaxone coating systems

Hempel is a leading worldwide supplier of protective coatings for the wind energy, infrastructure, and storage tank industries. The company’s solutions are focused on lowering the lifetime cost of steel assets and reducing their environmental footprint.

Innovation & Sustainability Initiatives:

• Double Impact strategy aiming to double revenue while halving its customers’ carbon footprint

• Investment in biocidal-free and renewable raw materials

---

5️⃣ 6. RPM International Inc.

Headquarters: Medina, Ohio, USA
Key Offering: Carboline, Tremco, and Stonhard brands

RPM International’s subsidiary, Carboline, is a globally recognized manufacturer of high-performance coatings and linings for steel. The company serves demanding industries such as oil & gas, water and wastewater, and power generation with scientifically advanced products.

Innovation & Sustainability Initiatives:

• Focus on fire protection coatings and high-temperature corrosion resistance

• Expansion of water-based and sustainable coating formulations

---

4️⃣ 7. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nippon Paint Protective Coatings

Nippon Paint is one of Asia’s largest paint and coating manufacturers, with a growing global footprint in the protective coatings segment. The company offers a wide range of products for infrastructure, industrial plants, and marine environments.

Innovation & Sustainability Initiatives:

• Strong R&D focus on durability and easy application technologies

• Strategic acquisitions to strengthen its presence in North America and Europe

---

3️⃣ 8. Kansai Paint Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Kansai Paint Aluminum Paste and Anti-Corrosive Coatings

Kansai Paint is a global player known for its innovative coating technologies for automotive, industrial, and decorative applications. Its protective coatings division provides robust solutions for steel structures in aggressive environments.

Innovation & Sustainability Initiatives:

• Development of eco-friendly coatings with reduced environmental impact

• Global expansion through joint ventures and partnerships

---

2️⃣ 9. Axalta Coating Systems Ltd.

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Nap-Gard® and Imron® industrial coatings

Axalta is a leading global supplier of liquid and powder coatings. Its industrial coatings segment provides durable protection for steel structures used in electrical transmission, pipeline, and heavy equipment industries, focusing on longevity and performance.

Innovation & Sustainability Initiatives:

• Investment in low-cure powder coatings for energy efficiency

• Continuous improvement of product sustainability profiles

---

1️⃣ 10. BASF SE (Covered under acquisitions by AkzoNobel/Sherwin-Williams in coatings)

Headquarters: Ludwigshafen, Germany
Key Offering: Resins, pigments, and additives for coating formulations

While BASF’s direct coating business has been divested, it remains a critical player as a raw material supplier to the industry. It produces essential components like epoxy resins, pigments, and additives that define the performance of protective coatings manufactured by other leading companies.

Innovation & Sustainability Initiatives:

• Development of bio-based and circular raw materials

• Pioneering digital solutions for coating formulation and lifecycle assessment

Get Full Report Here:
Steel Structure Protective Coating Market – View in Detailed Research Report

---

🏗️ Outlook: The Future of Steel Protection is Smarter and More Sustainable

The steel structure protective coating market is undergoing a significant transformation. While traditional solvent-based products still hold substantial market share, the industry is rapidly pivoting towards eco-friendly formulations, smart coatings, and digital asset management solutions.

📈 Key Trends Shaping the Market:

• Accelerated adoption of waterborne and high-solids coatings to meet stringent VOC regulations

• Rising demand from renewable energy sectors, especially wind power and solar infrastructure

• Integration of IoT and sensors for real-time coating condition monitoring

• Growing emphasis on lifecycle assessment and carbon footprint reduction in coating selection

Get Full Report Here:
Steel Structure Protective Coating Market – View in Detailed Research Report

The companies listed above are not only protecting critical infrastructure—they are driving the sustainable evolution of the global construction and industrial sectors.