Leisure Boat Marine Coatings Market to grow by a CAGR of about 6.5% up to 2024.

Asia Pacific is likely to witness high growth by rising tourism industry owing to increase in tourist arrivals at around 6% in 2015, these factors will augment Leisure Boat Marine Coatings Market growth. Shift in consumer preferences towards recreation boating activities will positively influenced the leisure boat marine coating market.

"Leisure Boat Marine Coatings Market will likely surpass USD 1.9 billion by 2024; according to a new research report.”

The demand for luxury vessels is growing due to increasing recreation activities in US, Japan, China and Germany. These region holds high net worth individual (HNWI) population which accounts for 60% share of overall HNWI global population. These boats have high purchasing and maintenance cost due to which it is mainly used by HNWI group for sports and personal activities. Growing number of high net worth people globally at the rate of 4% in 2015, will propel the growth of Leisure Boat Marine Coatings market.

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The hazardous chemical coating application such as antifouling product and anti-corrosion products which contains high toxic biocidal chemical substances harmful for aquatic ecosystem is likely to hinder the growth of the market. However, these coating offers energy efficiency enhancing the speed of vessels.

Foul release coating product will grow at CAGR of 7.5% over the coming years. This product offer advantages over conventional anti-fouling products such as high performance, lower maintenance, eco-friendly and easy application to the surface area. Further its eco-friendly properties will substitute traditional anti-fouling products over the coming years.

Asia Pacific market will grow by rising recreational boats demand in China, Australia, Indonesia, Taiwan and Malaysia. Rapidly growing tourism sector in South East Asian countries is likely to increase the demand for leisure boats. Moreover, Europe is likely to witness a growth of around 7% CAGR over the forecast timeframe. Germany, Italy, France, Netherlands, Austria and Belgium are few of the countries which will witness rise in product demand during the forecast period due to increasing use of vessels in water based sports and tourism.

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North America holds a potential share in the industry as recreational boating is one of the popular activities in Canada and US. This region has large coastal areas which offers serval opportunities for recreational boating. Further, US is a producer and exporter of luxury vessels which makes it one of the fastest growing market.

Nippon Paint, AkzoNobel NV, Jotun, Hempel, Chugoku Marine, Baril Coatings, RPM International, Kansai Paint, PPG Industries, Sherwin-Williams, MCU Coatings, BASF Coatings, DuPont Coatings, GMBH, Axalta Coating, Katradis Marine and KCC Corporation are the prominent companies ruling leisure boat marine coatings market.

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Leisure boat marine coatings market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Leisure Boat Marine Coatings Market by Product
o Anti-fouling coatings
o Anti-corrosion coatings
o Foul release coatings
o Others
The above information is provided on a regional and country basis for the following:
o North America
 U.S.
 Canada
o Europe
 Germany
 UK
 France
 Spain
 Italy
o Asia Pacific
 China
 India
 Japan
 Australia
 Indonesia
 Malaysia
o Latin America
 Brazil
 Mexico
o MEA
 South Africa
 GCC

Report Content
Chapter 5. Leisure Boat Marine Coatings Market, By Region
5.1. Global leisure boat marine coatings market share by region, 2016 & 2024
5.2. North America
5.2.1. North America market estimates and forecast, 2013 - 2024
5.2.2. North America market estimates and forecasts by product, 2013 – 2024
5.2.3. U.S.
5.2.3.1. U.S market estimates and forecast, 2013 - 2024
5.2.3.2. U.S. market estimates and forecasts by product, 2013 – 2024
5.2.4. Canada
5.2.4.1. Canada market estimates and forecast, 2013 - 2024
5.2.4.2. Canada market estimates and forecasts by product, 2013 – 2024
5.3. Europe
5.3.1. Europe market estimates and forecast, 2013 - 2024
5.3.2. Europe market estimates and forecasts by product, 2013 – 2024
5.3.3. Germany
5.3.3.1. Germany market estimates and forecast, 2013 – 2024
5.3.3.2. Germany market estimates and forecasts by product, 2013 – 2024
5.3.4. UK
5.3.4.1. UK market estimates and forecast, 2013 - 2024
5.3.4.2. UK market estimates and forecasts by product, 2013 – 2024
5.3.5. France
5.3.5.1. France market estimates and forecast, 2013 - 2024
5.3.5.2. France market estimates and forecasts by product, 2013 – 2024
5.3.6. Spain
5.3.6.1. Spain market estimates and forecast, 2013 - 2024
5.3.6.2. Spain market estimates and forecasts by product, 2013 – 2024
5.3.7. Italy
5.3.7.1. Italy market estimates and forecast, 2013 - 2024
5.3.7.2. Italy market estimates and forecasts by product, 2013 – 2024
5.4. Asia Pacific
5.4.1. Asia Pacific market estimates and forecast, 2013 - 2024
5.4.2. Asia Pacific market estimates and forecasts by product, 2013 – 2024
5.4.3. China
5.4.3.1. China market estimates and forecast, 2013 - 2024
5.4.3.2. China market estimates and forecasts by product, 2013 – 2024
5.4.4. India
5.4.4.1. India market estimates and forecast, 2013 - 2024
5.4.4.2. India market estimates and forecasts by product, 2013 – 2024
5.4.5. Japan
5.4.5.1. Japan market estimates and forecast, 2013 - 2024
5.4.5.2. Japan market estimates and forecasts by product, 2013 – 2024
5.4.6. Australia
5.4.6.1. Australia market estimates and forecast, 2013 - 2024
5.4.6.2. Australia market estimates and forecasts by product, 2013 – 2024
5.4.7. Indonesia
5.4.7.1. Indonesia market estimates and forecast, 2013 - 2024
5.4.7.2. Indonesia market estimates and forecasts by product, 2013 – 2024
5.4.8. Malaysia
5.4.8.1. Malaysia market estimates and forecast, 2013 - 2024
5.4.8.2. Malaysia market estimates and forecasts by product, 2013 – 2024
5.5. Latin America (LATAM)
5.5.1. LATAM market estimates and forecast, 2013 - 2024
5.5.2. LATAM Market estimates and forecasts by product, 2013 – 2024
5.5.3. Brazil
5.5.3.1. Brazil market estimates and forecast, 2013 - 2024
5.5.3.2. Brazil market estimates and forecasts by product, 2013 – 2024
5.5.4. Mexico
5.5.4.1. Mexico market estimates and forecast, 2013 - 2024
5.5.4.2. Mexico market estimates and forecasts by product, 2013 – 2024
5.6. Middle East & Africa (MEA)
5.6.1. MEA market estimates and forecast, 2013 - 2024
5.6.2. MEA market estimates and forecasts by product, 2013 – 2024
5.6.3. South Africa
5.6.3.1. South Africa market estimates and forecast, 2013 - 2024
5.6.3.2. South Africa market estimates and forecasts by product, 2013 – 2024
5.6.4. GCC
5.6.4.1. GCC market estimates and forecast, 2013 - 2024
5.6.4.2. GCC market estimates and forecasts by product, 2013 – 2024
Chapter 6. Company Profiles
6.1. AkzoNobel NV
6.1.1. Business overview
6.1.2. Financial data
6.1.3. Product landscape
6.1.4. SWOT analysis
6.1.5. Strategic outlook
6.2. Chugoku Marine Paints Ltd.
6.2.1. Business overview
6.2.2. Financial data
6.2.3. Product landscape
6.2.4. SWOT analysis
6.2.5. Strategic outlook
6.3. Jotun A/S
6.3.1. Business overview
6.3.2. Financial data
6.3.3. Product landscape
6.3.4. SWOT analysis
6.3.5. Strategic outlook
6.4. Hempel A/S
6.4.1. Business overview
6.4.2. Financial data
6.4.3. Product landscape
6.4.4. SWOT analysis
6.4.5. Strategic outlook
6.5. Kansai Paint Co. Ltd.
6.5.1. Business overview
6.5.2. Financial data
6.5.3. Product landscape
6.5.4. SWOT analysis
6.5.5. Strategic outlook
6.6. KCC Corporation
6.6.1. Business overview
6.6.2. Financial data
6.6.3. Product landscape
6.6.4. SWOT analysis
6.6.5. Strategic outlook
6.7. Nippon Paint
6.7.1. Business overview
6.7.2. Financial data
6.7.3. Product landscape
6.7.4. SWOT analysis
6.7.5. Strategic outlook
6.8. RPM International Inc.
6.8.1. Business overview
6.8.2. Financial data
6.8.3. Product landscape
6.8.4. SWOT analysis
6.8.5. Strategic outlook
6.9. PPG Industries Inc.
6.9.1. Business overview
6.9.2. Financial data
6.9.3. Product landscape
6.9.4. SWOT analysis
6.9.5. Strategic outlook
6.10. The Sherwin-Williams Company
6.10.1. Business overview
6.10.2. Financial data
6.10.3. Product landscape
6.10.4. SWOT analysis
6.10.5. Strategic outlook
6.11. MCU Coatings International
6.11.1. Business overview
6.11.2. Financial data
6.11.3. Product landscape
6.11.4. SWOT analysis
6.11.5. Strategic outlook
6.12. DuPont Coatings & Color Technologies
6.12.1. Business overview
6.12.2. Financial data
6.12.3. Product landscape
6.12.4. SWOT analysis
6.12.5. Strategic outlook
6.13. BASF Coatings GmbH
6.13.1. Business overview
6.13.2. Financial data
6.13.3. Product landscape
6.13.4. SWOT analysis
6.13.5. Strategic outlook
6.14. Axalta Coating Systems
6.14.1. Business overview
6.14.2. Financial data
6.14.3. Product landscape
6.14.4. SWOT analysis
6.14.5. Strategic outlook
6.15. Katradis Marine Ropes Industry S.A.
6.15.1. Business overview
6.15.2. Financial data
6.15.3. Product landscape
6.15.4. SWOT analysis
6.15.5. Strategic outlook
6.16. Baril Coatings
6.16.1. Business overview
6.16.2. Financial data
6.16.3. Product landscape
6.16.4. SWOT analysis
6.16.5. Strategic outlook

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