Global Marine Anti-Fouling Coatings Market Growth 2023-2029
Marine Anti-Fouling Coatings are applied to ships and offshore structures both in sea and fresh water environments. Antifouling coatings are specialized paints applied to the ship’s hull to slow the marine growth on the underwater area which can affect the vessels performance and durability. In addition to preventing marine growth, the hull coating can also act as a barrier against hull corrosion that will degrade and weaken the metal. It also improves the flow of water passing the hull of a fishing vessel or high-performance racing yacht.
LPI (LP Information)' newest research report, the “Marine Anti-Fouling Coatings Industry Forecast” looks at past sales and reviews total world Marine Anti-Fouling Coatings sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Anti-Fouling Coatings sales for 2023 through 2029. With Marine Anti-Fouling Coatings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Anti-Fouling Coatings industry.
This Insight Report provides a comprehensive analysis of the global Marine Anti-Fouling Coatings 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 Marine Anti-Fouling Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Anti-Fouling Coatings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Anti-Fouling Coatings 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 Marine Anti-Fouling Coatings.
The global Marine Anti-Fouling Coatings market size is projected to grow from US$ 2601.9 million in 2022 to US$ 3681.5 million in 2029; it is expected to grow at a CAGR of 3681.5 from 2023 to 2029.
The global Marine Anti-Fouling Coatings key players include Akzonobel, PPG, HEMPEL, Sherwin-Williams, Jordan, KCC and Kansai Paint Co., Ltd., etc. Akzonobel is the largest manufacturer of Marine Anti-Fouling Coatings, with a share about 16% in 2019. Asia is the largest consumer, and China, South Korea and Japan are top three consumers in the world.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Anti-Fouling Coatings market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Self Polishing Copolymer (SPC) Coating
Dirt Release Coating (FRC)
Ablative Type
Others
Segmentation by application
Bulk Carriers
Tankers
Container Ships
Passenger and Cruise Ships
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.
Akzonobel
PPG
HEMPEL
Sherwin-Williams
Jotun Group
KCC Marine Coatings
Kansai Paint Co., Ltd.
Chugoku Marine Paints
Nippon Paint Marine Coatings
Axalta Coatings
Zhejiang Yutong New Materials
Xiamen Sunrui Ship Coating Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Anti-Fouling Coatings market?
What factors are driving Marine Anti-Fouling Coatings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Anti-Fouling Coatings market opportunities vary by end market size?
How does Marine Anti-Fouling Coatings 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.
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