Global Antifouling Paint Market Growth 2023-2029

Global Antifouling Paint Market Growth 2023-2029

Anti-fouling paint - a category of commercially available underwater hull paints (also known as bottom paints) - is a specialized category of coatings applied as the outer (outboard) layer to the hull of a ship or boat, to slow the growth and/or facilitate detachment of subaquatic organisms that attach to the hull and can affect a vessel's performance and durability (see also biofouling). Anti-fouling paints are often applied as one component of multi-layer coating systems which may have other functions in addition to their antifouling properties, such as acting as a barrier against corrosion on metal hulls that will degrade and weaken the metal, or improving the flow of water past the hull of a fishing vessel or high-performance racing yachts.
LPI (LP Information)' newest research report, the “Antifouling Paint Industry Forecast” looks at past sales and reviews total world Antifouling Paint sales in 2022, providing a comprehensive analysis by region and market sector of projected Antifouling Paint sales for 2023 through 2029. With Antifouling Paint sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Antifouling Paint industry.
This Insight Report provides a comprehensive analysis of the global Antifouling Paint landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Antifouling Paint portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Antifouling Paint market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Antifouling Paint and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Antifouling Paint.
The global Antifouling Paint market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
The leading producers in the sector are PPG Industries, Akzo Nobel and Sherwin-Williams, which accounted for 12.87 percent, 9.57 percent and 8.12 percent of revenue, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Antifouling Paint market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Eroding Antifouling
Hard Film Antifouling
Others
Segmentation by application
Yachts
Cargo Ships
Fishing Boats
Drilling Rigs and Production Platforms
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PPG Industries
Akzo Nobel
Sherwin-Williams
Jotun Marine Coatings
Hempel
CMP Coatings
New Nautical Coatings
Flexdel
Pettit Marine Paint
Kansai Paint
Oceanmax
Boero Yacht Coatings
Key Questions Addressed in this Report
What is the 10-year outlook for the global Antifouling Paint market?
What factors are driving Antifouling Paint market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Antifouling Paint market opportunities vary by end market size?
How does Antifouling Paint break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.