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Marine Anti-Fouling Coating Trends and Forecast
The future of the global marine anti-fouling coating market looks promising with opportunities in the hull coating, tank coating, propeller, drive shaft, trim tab, stabilizer, raw water intake, seacock, and bow thruster markets. The global marine anti-fouling coating market is expected to reach an estimated $196.2 million by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for Sustainable and eco-friendly antifouling coating, increasing demand for these coatings in oil and gas industry, and rapid growth of shipbuilding sector.
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Marine Anti-Fouling Coating by Segment
The study includes a forecast for the global marine anti-fouling coating by type, application, and region.
Marine Anti-Fouling Coating Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Controlled Depletion Polymer
• Self-Polishing Copolymer
• Foul Release
• Copper-Based
Marine Anti-Fouling Coating Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Hull Coatings
• Tank Coatings
• Propellers
• Drive Shafts
• Trim Tabs
• Stabilizers
• Raw Water Intakes
• Seacocks
• Bow Thrusters
• Others
Marine Anti-Fouling Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Marine Anti-Fouling Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies marine anti-fouling coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the marine anti-fouling coating companies profiled in this report include-
• Akzonobel
• Jotun
• Hempel
• PPG
• Sherwin-Williams
• Nippon Paint
• Chugoku Marine Paints
• Kansai Paint
• BASF
• Covestro
Marine Anti-Fouling Coating Market Insights
Lucintel forecasts that copper-based is expected to witness highest growth over the forecast period.
Within this market, hull coating will remain the largest segment due to its significant demand from shipbuilding sector owing to its excellent adhesion and anti-corrosive properties.
APAC will remain the largest region due to existence of major ship manufacturing units and availability of huge shipyards in the region.
Features of the Global Marine Anti-Fouling Coating Market
Market Size Estimates: Marine anti-fouling coating market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Marine anti-fouling coating market size by type, application, and region in terms of value ($M).
Regional Analysis: Marine anti-fouling coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the marine anti-fouling coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the marine anti-fouling coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the marine anti-fouling coating market size?
Answer: The global marine anti-fouling coating market is expected to reach an estimated $196.2 million by 2030.
Q.2 What is the growth forecast for marine anti-fouling coating market?
Answer: The global marine anti-fouling coating market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the marine anti-fouling coating market?
Answer: The major drivers for this market are growing demand for Sustainable and eco-friendly antifouling coating, increasing demand for these coatings in oil and gas industry, and rapid growth of shipbuilding sector.
Q4. What are the major segments for marine anti-fouling coating market?
Answer: The future of the marine anti-fouling coating market looks promising with opportunities in the hull coating, tank coating, propeller, drive shaft, trim tab, stabilizer, raw water intake, seacock, and bow thruster markets.
Q5. Who are the key marine anti-fouling coating market companies?
Answer: Some of the key marine anti-fouling coating companies are as follows:
• Akzonobel
• Jotun
• Hempel
• PPG
• Sherwin-Williams
• Nippon Paint
• Chugoku Marine Paints
• Kansai Paint
• BASF
• Covestro
Q6. Which marine anti-fouling coating market segment will be the largest in future?
Answer: Lucintel forecasts that copper-based is expected to witness highest growth over the forecast period.
Q7. In marine anti-fouling coating market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to existence of major ship manufacturing units and availability of huge shipyards in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the marine anti-fouling coating market by type (controlled depletion polymer, self-polishing copolymer, foul release, and copper-based), application (hull coatings, tank coatings, propellers, drive shafts, trim tabs, stabilizers, raw water intakes, seacocks, bow thrusters, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to marine anti-fouling coating market or related to marine anti-fouling coating companies, marine anti-fouling coating market size, marine anti-fouling coating market share, marine anti-fouling coating market growth, marine anti-fouling coating market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Marine Anti-Fouling Coating Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Marine Anti-Fouling Coating Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Marine Anti-Fouling Coating Market by Type
3.3.1: Controlled Depletion Polymer
3.3.2: Self-Polishing Copolymer
3.3.3: Foul Release
3.3.4: Copper-Based
3.4: Global Marine Anti-Fouling Coating Market by Application
3.4.1: Hull Coatings
3.4.2: Tank Coatings
3.4.3: Propellers
3.4.4: Drive Shafts
3.4.5: Trim Tabs
3.4.6: Stabilizers
3.4.7: Raw Water Intakes
3.4.8: Seacocks
3.4.9: Bow Thrusters
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Marine Anti-Fouling Coating Market by Region
4.2: North American Marine Anti-Fouling Coating Market
4.2.2: North American Marine Anti-Fouling Coating Market by Application: Hull Coatings, Tank Coatings, Propellers, Drive Shafts, Trim Tabs, Stabilizers, Raw Water Intakes, Seacocks, Bow Thrusters, and Others
4.3: European Marine Anti-Fouling Coating Market
4.3.1: European Marine Anti-Fouling Coating Market by Type: Controlled Depletion Polymer, Self-Polishing Copolymer, Foul Release, and Copper-Based
4.3.2: European Marine Anti-Fouling Coating Market by Application: Hull Coatings, Tank Coatings, Propellers, Drive Shafts, Trim Tabs, Stabilizers, Raw Water Intakes, Seacocks, Bow Thrusters, and Others
4.4: APAC Marine Anti-Fouling Coating Market
4.4.1: APAC Marine Anti-Fouling Coating Market by Type: Controlled Depletion Polymer, Self-Polishing Copolymer, Foul Release, and Copper-Based
4.4.2: APAC Marine Anti-Fouling Coating Market by Application: Hull Coatings, Tank Coatings, Propellers, Drive Shafts, Trim Tabs, Stabilizers, Raw Water Intakes, Seacocks, Bow Thrusters, and Others
4.5: ROW Marine Anti-Fouling Coating Market
4.5.1: ROW Marine Anti-Fouling Coating Market by Type: Controlled Depletion Polymer, Self-Polishing Copolymer, Foul Release, and Copper-Based
4.5.2: ROW Marine Anti-Fouling Coating Market by Application: Hull Coatings, Tank Coatings, Propellers, Drive Shafts, Trim Tabs, Stabilizers, Raw Water Intakes, Seacocks, Bow Thrusters, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Marine Anti-Fouling Coating Market by Type
6.1.2: Growth Opportunities for the Global Marine Anti-Fouling Coating Market by Application
6.1.3: Growth Opportunities for the Global Marine Anti-Fouling Coating Market by Region
6.2: Emerging Trends in the Global Marine Anti-Fouling Coating Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Marine Anti-Fouling Coating Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Marine Anti-Fouling Coating Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: AkzoNobel
7.2: Jotun
7.3: Hempel
7.4: PPG
7.5: Sherwin-Williams
7.6: Nippon Paint
7.7: Chugoku Marine Paints
7.8: Kansai Paint
7.9: BASF
7.10: Covestro
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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