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Marine Anti-Fouling Coatings Market Leading Manufacturers- Analysis by Types and Applications, Global Industry Trends & Size Outlook till 2021-2024


This “Marine Anti-Fouling Coatings Market” report provides a thorough analysis of estimating market size and current trends of industry. The report evaluates the important characteristics of the market development status, upcoming opportunities, and growth rate. The research study diminishes the […]

Marine Anti-Fouling Coatings

This “Marine Anti-Fouling Coatings Market” report provides a thorough analysis of estimating market size and current trends of industry. The report evaluates the important characteristics of the market development status, upcoming opportunities, and growth rate. The research study diminishes the risks involved in making decisions as well as strategies for companies and individuals interested in the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry.

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Market Overview:

  • The marine anti-fouling coatings market is expected to grow at a CAGR of around 6% during the forecast period of 2019 – 2024. The major factors driving the growth of market studied are the increasing production of leisure boats & cruise ships, increase in ship repairs & maintenance activities, and growing demand from oil and gas industry. On the flipside, stringent government regulations, and increased usage of high standard durable products, are hampering the growth of the studied market.
  • – Hull coating segment dominated the market in 2018 and is likely to grow during the forecast period, with increasing demand from the shipbuilding industry across the globe.
  • – The increasing expenditure on luxury goods, and new innovative coatings & application technology are likely to provide opportunities for the studied market during the forecast period.
  • – Asia-Pacific dominated the market across the globe, where the growth is majorly driven by the growing demand from the ship-building industry.
  • Marine Anti-Fouling Coatings Market Covers Manufacturers:

  • Axalta Coatings Systems
  • Akzo Nobel NV
  • PPG Industries
  • Kansai Paint Co. Ltd
  • Dow
  • DuPont
  • Engineered Marine Coatings
  • Hempel AS
  • Chukogu Marine Paints Ltd.
  • Boero Bartolomeo SpA
  • Jotun
  • Sigma-Aldrich (Merck KGaA)
  • RPM International, Inc.
  • Sherwin-Williams (including Valspar)
  • Nippon Paint Marine Coatings Co., Ltd.

    Scope of the Report:

    This report studies the global Marine Anti-Fouling Coatings market size, industry status and forecast, competition landscape and growth opportunity.

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    Some of the Key Questions Answered in this Report:

    • Detailed Overview of Marine Anti-Fouling Coatings Market will help deliver clients and businesses making strategies.
    • Influencing growth factors that are thriving demand and latest trends running in the market.
    • Marine Anti-Fouling Coatings Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
    • What trends, challenges and barriers will impact the development and sizing of the Global Marine Anti-Fouling Coatings Market?
    • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
    • What is the Marine Anti-Fouling Coatings Market growth momentum or market carries during the forecast period?
    • Which region may tap the highest market share in the coming era?
    • Which application/end-user category or Product Type may seek incremental growth prospects?
    • What focused approach and constraints are holding the Marine Anti-Fouling Coatings Market demand?

    Key Market Trends:

    Hull Coatings Segment to Dominate the Market

    – Anti-fouling hull coating applications dominate the studied market because of increasing production of offshore ships, which include passenger and cargo, along with offshore drilling activities.
    – Anti-fouling hull Coatings are primarily applied to the under-water parts of a ship or yacht, to reduce the growth of the organisms and microbes in the parts attached to the hull. The coatings provide enhancement and durability along with providing benefits, such as self-cleaning and graffiti resistance.
    – Its self-polishing resin and biocide, such as cuprous oxide along with a booster biocide, help to prevent bio-fouling organisms.
    – Hull coatings, owing to their excellent adhesion & anti-corrosive properties (which help increase the durability of hulls), and their aesthetic properties, have become an integral part of the marine industry.
    – With recovery of prices in oil & gas industry, the exploration & production has started increasing across the globe. The major increase in oil & gas offshore exploration activities is noticed in North Sea, North America, and Middle Eastern regions. With this, the demand for vessels is also increasing in these regions.
    – Besides, the demand for passenger, bulk containers, and container vessels is also increasing with growing population, and growing trade between nations.
    – Such trends across the globe have been leading to the growth of production in ship building industry, which is further expected to drive the demand for anti-fouling hull coatings in the coming years.

    Asia-Pacific Region to Dominate the Market

    – Asia-Pacific region dominated the global market share in 2018. Asia-Pacific is the world largest ship producing region in the world, which caters to the demand for various types of vessels, ranging from ferries, small boats, fishing vessels, tow & tug boats to oil industry vessels, cargo ships, passenger ships, bulk carriers, and container ships.
    – In Asia-Pacific, countries, such as China, Japan, and South Korea, are the leading producers of vessels, while large shipyards also exists in various other nations of the region.
    – Ships are mainly built after procuring projects and according to the customer requirements. It takes a minimum of 2 years to complete the production of a ship. Currently, such countries have been receiving bulk orders for vessels.
    – For instance, in November 2018, three South Korean yards, namely Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, and Samsung Heavy Industries won more than 50 orders for new large-scale LNG tankers which has to be delivered in the next three years. Besides, China, holds contract to build 24 vessels, Japan 15 vessels, and Singapore 1 vessel.
    – Hence, such bulk orders in line for production are projected to drive the demand for anti-fouling coatings from shipbuilding industry in the region during the forecast period.

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    Target Audience of Marine Anti-Fouling Coatings Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Marine Anti-Fouling Coatings Market Report:

    • Analysing various perspectives of the Marine Anti-Fouling Coatings market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Marine Anti-Fouling Coatings market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Marine Anti-Fouling Coatings market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Marine Anti-Fouling Coatings market studied, during the forecast period
    • The segments that are expected to dominate the Marine Anti-Fouling Coatings market studied.

    Detailed TOC of Marine Anti-Fouling Coatings Market Report 2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Drivers
    4.1.1 Increasing Production of Leisure Boats and Cruise Ships
    4.1.2 Increase in Ship Repairs and Maintenance Activities
    4.1.3 Growing Demand from Oil and Gas Industry
    4.2 Restraints
    4.2.1 Stringent Government Regulations
    4.2.2 Increased Usage of High Standard Durable Products
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5.1 Type
    5.1.1 Copper-based
    5.1.2 Self-Polishing (Silver-based)
    5.1.3 Hybrid
    5.1.4 Other Type
    5.2 Application
    5.2.1 Hull Coatings
    5.2.2 Tank Coatings
    5.2.3 Others
    5.3 Geography
    5.3.1 Asia-Pacific China India Japan South Korea Rest of Asia-Pacific
    5.3.2 North America United States Canada Mexico
    5.3.3 Europe Germany United Kingdom France Italy Rest of Europe
    5.3.4 South America Brazil Argentina Rest of South America
    5.3.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Axalta Coatings Systems
    6.4.2 Akzo Nobel NV
    6.4.3 PPG Industries
    6.4.4 Kansai Paint Co. Ltd
    6.4.5 Dow
    6.4.6 DuPont
    6.4.7 Engineered Marine Coatings
    6.4.8 Hempel AS
    6.4.9 Chukogu Marine Paints Ltd.
    6.4.10 BASF SE
    6.4.11 Boero Bartolomeo SpA
    6.4.12 Jotun
    6.4.13 Sigma-Aldrich (Merck KGaA)
    6.4.14 RPM International, Inc.
    6.4.15 Sherwin-Williams (including Valspar)
    6.4.16 Nippon Paint Marine Coatings Co., Ltd.

    7.1 Increasing Expenditure on Luxury Goods
    7.2 New innovative Coatings and Application Technology

    For Detailed TOC Click Here

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    Name: Ajay More

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