Marine Anti-Fouling Coatings Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The marine anti-fouling coatings market is expected to register a CAGR of around 6%, during the forecast period. The major factors driving the growth of the market studied are the increasing production of leisure boats and cruise ships, an increase in ship repairs and maintenance activities, and rising demand from the oil and gas industry. On the flipside, stringent government regulations, and increasing usage of high-standard, durable products are hampering the growth of the market studied.
Key HighlightsThe marine anti-fouling coatings market is consolidated in nature, with few players accounting for a significant share of the market demand. Some of the major players in the market include AkzoNobel NV, PPG Industries Inc., Jotun, Hempel AS, and BASF SE, among others.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook