The Global Marine Anti-Fouling Coatings Market is valued at USD XX million for 2016 and is projected to reach USD XX million by 2021, at an estimated CAGR of XX % during the forecast period (2016-2021).
Marine Anti-fouling coatings are used to coat the bottoms of ships to prevent sealife such as algae and molluscs attaching themselves to the hull, thereby slowing down the ship and increasing fuel consumption. In the earlier days lime and later arsenic were used in the place of marine anti-fouling coatings. They are applied on the above mentioned surfaces to protect against corrosion, fouling and slimes thus increasing the durability and life of the marine vessels and offshore structures.
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The global marine anti-fouling market is mainly driven by increasing production of leisure boats, increase in ship repairs and maintenance activities and growing demand from oil and gas industry. The market has few restraints; stringent government regulations and increased usage of high standard durable products which acts as road blocks for the market. Moreover, the rising consumption of commercial vessels, passenger ships, yachts, cargo and conventional offshore drilling rigs is expected to expand industry growth over the forecast period.
The global marine coatings market is segmented on the basis of products, applications, and geography. Based on type, the market is classified into Copper-based, Self-Polishing (Silver-based), Hybrid and others. By application the market is segmented into Hull Coatings, Tank coatings and others.
The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific region is expected to remain as the largest market for marine anti-fouling coatings, followed by Americas, and Europe. The Asia-Pacific market is projected to reach USD XX.XX million by 2021.
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Opportunities and Major Players
The factors such as increasing expenditure on luxury goods and new innovative coatings and application technology will offer major growth opportunities for growth for lubricant manufacturers during the forecast period.
Major players for lubricants products include big global & local manufacturers are:
- Axalta Coatings Systems
- Akzo Nobel N.V.
- PPG Industries
- The Valspar Corporation
- Engineered Marine Coatings
- Hempel A/S
Key Deliverables in the Study
- Market analysis for the global marine anti-fouling coatings market, with region specific assessments and competition analysis on a global and regional scale.
- Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
- Extensively researched competitive landscape section with profiles of major companies along with their market share.
- Identification and analysis of the macro and micro factors that affect the global marine anti-fouling coatings market on both global and regional scales.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
- Insights on the major countries/regions where this industry is growing and also identify the regions that are still untapped.
Table of Content:
1.2 Research Methodology
1.3 Scope of the Report
- Executive Summary
- Global Marine Anti-Fouling Coatings Market
3.1 Market Definition
3.2 Industry Value Chain Analysis
3.3 Government Regulations & Policies
3.4 Industry Attractiveness – Porter’s Five Force Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Consumers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
- Market Dynamics
4.1.1 Increasing Production of Leisure Boats
4.1.2 Increase in Ship Repairs and Maintenance Activities
4.1.3 Growing demand from Oil and Gas Industry
4.2.1 Stringent Government Regulations
4.2.2 Increased Usage of High Standard Durable Products
4.3.1 Increasing Expenditure on Luxury Goods
4.3.2 New innovative Coatings and Application Technology
- Market Segmentation and Analysis
5.1 By Type
5.1.2 Self-Polishing (Silver-based)
5.2 By Application
5.2.1 Hull Coatings
5.2.2 Tank Coatings
- Regional Market Analysis (Market size, growth and forecast)
6.1.3 South Korea
6.1.6 Rest of Asia-Pacific
6.2.3 United Kingdom
6.3 North America
6.3.1 United States
6.4 Middle East and Africa
6.4.1 Saudi Arabia
6.4.3 South Africa
6.4.4 Rest of Middle East and Africa
- Technological Snapshot
7.1 Current Technologies
7.2 Upcoming Technologies
- Competitive Landscape
8.1 Mergers & Acquisitions
8.2 Joint Ventures Collaborations and Agreements
8.3 Market Shares Analysis
8.4 Strategies Adopted by Leading Players
- Company Profiles
9.1 Axalta Coatings Systems
9.2 Akzo Nobel N.V.
9.3 PPG Industries
9.4 The Valspar Corporation
9.6 Engineered Marine Coatings
9.7 Hempel A/S
9.8 Chukogu Marine Paints, Ltd.
9.9 BASF SE
9.10 Boero Bartolomeo S.p.A
9.12 Sigma-Aldrich Corporation
9.13 RPM International, Inc.
9.17 Kansai Paint Co., Ltd.
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