Global Marine Coatings Market 2025-2029

Marine Coatings Market 2025-2029

The marine coatings market is forecasted to grow by USD 5414.8 mn during 2024-2029, accelerating at a CAGR of 6.9% during the forecast period. The report on the marine coatings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of shipbuilding industry, increase in marine trading and logistics activities, and increase in naval expenditures.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's marine coatings market is segmented as below:

By Application

  • Coastal
  • Deepsea
  • Containers
  • Offshore house
  • Others
By Type
  • Epoxy
  • Polyurethane
  • Others
By Technology
  • Solvent-borne
  • Water-borne
  • Others
By Product
  • Anti-fouling coatings
  • Anti-corrosion coatings
  • Foul release coatings
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the shift toward green marine coatings as one of the prime reasons driving the marine coatings market growth during the next few years. Also, developments in technology and increasing inorganic growth strategies will lead to sizable demand in the market.

The report on the marine coatings market covers the following areas:
  • Marine Coatings Market sizing
  • Marine Coatings Market forecast
  • Marine Coatings Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading marine coatings market vendors that include Akzo Nobel NV, Axalta Coating Systems Ltd., Baril Coatings BV, BASF SE, Berger Paints, Boero Bartolomeo S.p.A., Chugoku Marine Paints Ltd., Endura Manufacturing Co. Ltd., Hempel AS, Jotun AS, Kansai Paint Co. Ltd., KCC Co. Ltd., MCU Coatings International, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Protexion, RPM International Inc., Seal for Life Group, The Sherwin Williams Co., and Wacker Chemie AG. Also, the marine coatings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Marine Coatings Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Marine Coatings Market 2019 - 2023 ($ million)
    • Application segment analysis 2019 - 2023
    • Type segment analysis 2019 - 2023
    • Technology segment analysis 2019 - 2023
    • Product segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • Impact of AI in global marine coatings market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2024-2029 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Coastal - Market size and forecast 2024-2029
      • Table Data Table on Coastal - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Coastal - Year-over-year growth 2024-2029 (%)
    • Deepsea - Market size and forecast 2024-2029
      • Table Data Table on Deepsea - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Deepsea - Year-over-year growth 2024-2029 (%)
    • Containers - Market size and forecast 2024-2029
      • Table Data Table on Containers - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Containers - Year-over-year growth 2024-2029 (%)
    • Offshore house - Market size and forecast 2024-2029
      • Table Data Table on Offshore house - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Offshore house - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Data Table on Type - Market share 2024-2029 (%)
    • Comparison by Type
      • Table Data Table on Comparison by Type
    • Epoxy - Market size and forecast 2024-2029
      • Table Data Table on Epoxy - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Epoxy - Year-over-year growth 2024-2029 (%)
    • Polyurethane - Market size and forecast 2024-2029
      • Table Data Table on Polyurethane - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Polyurethane - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Type
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2024-2029 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • Solvent-borne - Market size and forecast 2024-2029
      • Table Data Table on Solvent-borne - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Solvent-borne - Year-over-year growth 2024-2029 (%)
    • Water-borne - Market size and forecast 2024-2029
      • Table Data Table on Water-borne - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Water-borne - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2024-2029 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • Anti-fouling coatings - Market size and forecast 2024-2029
      • Table Data Table on Anti-fouling coatings - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Anti-fouling coatings - Year-over-year growth 2024-2029 (%)
    • Anti-corrosion coatings - Market size and forecast 2024-2029
      • Table Data Table on Anti-corrosion coatings - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Anti-corrosion coatings - Year-over-year growth 2024-2029 (%)
    • Foul release coatings - Market size and forecast 2024-2029
      • Table Data Table on Foul release coatings - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Foul release coatings - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2024-2029
      • Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • Middle East and Africa - Market size and forecast 2024-2029
      • Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
    • South America - Market size and forecast 2024-2029
      • Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South America - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • South Korea - Market size and forecast 2024-2029
      • Table Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South Korea - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • India - Market size and forecast 2024-2029
      • Table Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on India - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • UK - Market size and forecast 2024-2029
      • Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UK - Year-over-year growth 2024-2029 (%)
    • Italy - Market size and forecast 2024-2029
      • Table Data Table on Italy - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Italy - Year-over-year growth 2024-2029 (%)
    • The Netherlands - Market size and forecast 2024-2029
      • Table Data Table on The Netherlands - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Growth of shipbuilding industry
      • Increase in marine trading and logistics activities
      • Increase in naval expenditures
    • Market challenges
      • Fluctuating raw material prices
      • Slowdown in global economic growth
      • Stringent environmental regulations
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Shift toward green marine coatings
      • Developments in technology
      • Increasing inorganic growth strategies
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Akzo Nobel NV
    • Axalta Coating Systems Ltd.
    • Baril Coatings BV
    • BASF SE
    • Chugoku Marine Paints Ltd.
    • Endura Manufacturing Co. Ltd.
    • Hempel AS
    • Jotun AS
    • Kansai Paint Co. Ltd.
    • KCC Co. Ltd.
    • MCU Coatings International
    • Nippon Paint Holdings Co. Ltd.
    • PPG Industries Inc.
    • Seal for Life Group
    • The Sherwin Williams Co.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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