Press release
Marine Coatings Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research.
Marine Coatings Market
𝐌𝐚𝐫𝐢𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
Marine coating is used in marine vehicles. This coating increase the aesthetics, weather resilience, resistance to chemical solvents like water and oils, and impact resistance of the ships they are painted on, among other advantages. Marine coatings shield the surfaces against corrosion and fouling below the waterline as well as harm brought on by UV radiation above the waterline. Rising demand from offshore vessels and expanding international shipping trade are the major factors driving the growth of the marine coatings market. Increased Use of Anti-Corrosion Coatings, growth of the shipbuilding industry are also driving the market growth of the Marine Coatings Market. Like other end-use industries, the marine coatings segment has also been affected by the global pandemic. Inconsistency in raw material prices and production issues are significant challenges hindering the growth of the marine coatings industry.
The major key players are the AkzoNobel N.V., Chugoku Marine Paints Ltd., Hempel A/S, Jotun A/S, Kansai Paint Co. Ltd., KCC Corporation, Nippon Paint, PPG Industries Inc, RPM International Inc, The Sherwin-Williams Company., Permagard Marine, Jyoti Innovision Private Limited, Protexion, and Excel India Protective Paints Pvt. North America is projected to experience modest growth in the marine coatings market, trailing slightly behind Europe. The major driver for the market is the growing demand from Asia-Pacific (APAC), owing to the rapid development of the shipbuilding and offshore engineering industries in the region. However, the APAC region is set to dominate globally, driven by significant consumption in China due to robust shipbuilding and maintenance activities. South Korea follows, with Japan in third place. The APEJ region is expected to grow further, fueled by an increase in ship owners in Singapore, while India is emerging as a strong competitor. Overall, the marine coatings market is anticipated to grow at a solid single-digit CAGR.
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐛𝐲 𝐜𝐥𝐢𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝:https://www.maximizemarketresearch.com/request-sample/2058/
𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
March 2023: Sherwin-Williams Protective & Marine introduced two innovative indoor marine deck solutions for government and commercial applications, namely the SeaGuard One-Step Decking System and the SeaGuard Decorative Color Flake System. These new solutions are exciting addition to the Sherwin-Williams marine portfolio, as both are qualified to MIL-PRF-32584 for monolithic deck cover materials for marine interior applications. It also met the IMO 2010 FTP Code Part 2 and 5 of Annex 1 for commercial applications.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐌𝐚𝐫𝐢𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐛𝐲 𝐜𝐥𝐢𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝:https://www.maximizemarketresearch.com/request-sample/2058/
𝐌𝐚𝐫𝐢𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧
𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭
Anti-fouling coatings
Anti-corrosion coatings
Foul release coatings
Others
𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
Coastal
Containers
Deep sea
Leisure boats
Offshore vessels
Others
𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫𝐬
New Ships
Repair Work
𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
Epoxy
Alkyd
Polyurethane
Others (Acrylic, Polyester, and Fluoropolymer)
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤:https://www.maximizemarketresearch.com/request-sample/2058/
𝐌𝐚𝐫𝐢𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐥𝐞𝐚𝐝𝐞𝐫𝐬
PPG Industries, Inc. (US)
Axalta Coating Systems, LLC (US)
Cabot Corporation. (US)
Carboline Company (US)
General Coatings (US)
Progress Rail Services Corporation (US)
Mascoat (US)
The Sherwin-Williams Company (US)
Kop Coat (US)
RPM International, Inc. (US)
Delta T & Protective Products (Canada)
BASF SE (Germany)
Chemco International Ltd (UK)
Jotun (Norway)
Boero (Italy)
Hempel A/S (Denmark)
Akzo Nobel N.V. (Netherlands)
EXCEL India Protective Paints Pvt. Ltd (India)
Mathur Corr Tech Private Limited (India)
Chugoku Marine Paints, Ltd. (Japan)
Kansai Paint Co.,Ltd. (Japan)
Nippon Paint Holdings Co., Ltd. (Japan)
KCC Corporation (South Korea)
Sharpshell Engineering (South Africa)
Cresta Paints (Africa)
𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞:https://www.maximizemarketresearch.com/market-report/marine-coatings-market/2058/
𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐢𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:
What segments are covered in the Global Marine Coatings Market report?
Which region is expected to hold the highest share in the Global Marine Coatings Market?
What is the market size of the Global Marine Coatings Market by 2030?
What is the forecast period for the Global Marine Coatings Market?
What was the market size of the Global Marine Coatings Market in 2023?
𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:
Past Marine Coatings Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Marine Coatings Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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