The global corrosion under insulation (CUI) and spray-on insulation (SOI) coatings market size is expected to grow from $ 1.58 billion in 2021 to $ 1.72 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The global corrosion under insulation (CUI) and spray-on insulation (SOI) coatings industry is expected to reach $ 2.10 billion in 2026 at a CAGR of 5.2%.