Dry Docking Coatings Market Revenue, Opportunity, Segment and Key Trends -2025
Dry docking coatings are applied during the dry docking of a vessel. These coatings help increase the longevity of the vessel by protecting them from harsh weather conditions, fouling, etc. The marine industry comprises bulk tankers and carriers, cargo ships, cruise ships, and container ships. Dry docking coatings are also considered vital in enhancing the fuel efficiency of a vessel and decreasing the impact on the environment. The new shipbuilding industry is expanding at a sluggish pace. Therefore, demand for dry docking coatings market during ship repair and maintenance activities is likely to boost the market during the forecast period.
View Report Preview:
Based on type of product, the dry docking coatings market can be classified into anti-fouling, anti-corrosion, foul release coatings, self-cleaning coatings, and others. The anti-fouling segment has been dominating the global dry docking coatings market since the last few years. These coatings are primarily consumed during ship repair and maintenance activities. Anti-fouling coatings offer protection to the surface from fouling organisms. Increase in ship repair and maintenance activities in various regions across the globe is projected to boost the demand for anti-fouling coatings during the forecast period. In terms of volume, the anti-corrosion segment also held key share of the market in 2016. Dry Docking Coatings Market offer protection to the surface from abrasion, corrosion, and impact. Foul release coating is one of the popular dry docking coatings in the maritime industry. Foul release coatings are biocide-free and environmentally compatible. Demand for other dry docking coatings market such as self-cleaning and self-polishing coatings is likely to be stable during the forecast period.
The dry docking coatings market can also be segmented based on resin into epoxy, silicone, acrylate, and others. Epoxy based coatings are widely used in the manufacture of dry docking coatings. Each of these resins has a particular advantage and specification of use. Silicone resins are largely used to manufacture foul-release coatings as they have the property to create very fine and smooth surface, thus making it difficult for fouling agents to adhere to the hull surface. Deep-sea application accounted for the key share in terms of demand in 2016. Based on application, the market can be divided into coastal, containers, deep sea, leisure boats, offshore vessels, and other applications. Dry docking coatings protect ships and vessels from corrosion and fouling organisms. Deep-sea applications require higher protection during the repair and maintenance stages. Offshore vessels and leisure boats are also among the major applications of dry docking coatings. Demand for dry docking coatings market in containers and deep-sea applications is anticipated to rise due to the increase in marine trading and logistics activities. Deep-sea is anticipated to be among the rapidly growing segments of the dry docking coatings market during the forecast period. Other applications for dry docking coatings comprise icebreakers, research vessels, and riverboats.
In terms of demand, Asia Pacific is anticipated to account for a significant share of the global dry docking coatings market. The region is estimated to be followed by Europe. Demand for dry docking coatings market in Europe is rising due to the increase in demand during ship repair and maintenance activities. North America is expected to experience sluggish demand for dry docking coatings market during the forecast period. Latin America is likely to exhibit potential growth for dry docking coatings market in the next few years. Expansion in the maritime industry in Brazil, Mexico, Saudi Arabia, and South Africa has is a key factor boosting the demand for dry docking coatings market in Latin America and Middle East & Africa.
Prominent companies operating in the dry docking coatings market include Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Chugoku Marine Paints Ltd., and Sherwin-Williams Company.
Request to view Sample Report:
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Dry Docking Coatings Market Revenue, Opportunity, Segment and Key Trends -2025 here
News-ID: 1020449 • Views: 486
More Releases from Transparency Market Research
Coconut Oil Market- Positive Long-Term Growth Outlook till 2025
Coconut oil is extracted from dried or tender coconut kernels and is a tasteless and colorless oil. The coconut oil is available in two types based on the extraction- unrefined and refined or virgin oil. Unrefined oil is unbleached and unprocessed and is rarely used in consumption, while virgin oil is used in consumption. Obtain Report Details @ https://www.transparencymarketresearch.com/coconut-oil-market.html The coconut oil market has seen tremendous potential in the personal
Cassava Flour Market: Global Size, Trends, Competitive, Historical and Forecast …
Cassava flour is gaining worldwide recognition as an alternative for wheat flour and other gluten-based flours. It contains more calories in comparison to other flours. Cassava flour is considered as a rich source of starch, which is the main source for carbohydrates and dietary fibers. In the global flour market, the demand for cassava flour is high, owing to its very less content of gluten in comparison to other varieties
Tiger Nuts Market - Growth Prospect and Future Scenario by 2026
The growing demand for healthy, plant-based snacks among consumers has fuelled the growth of tiger nuts in recent years. Tiger nuts are naturally occurring tuberous rhizome of sedge grass known as cyperus esculentus lativum. Tiger nuts do not belong to the nut family, but they have a texture similar to wrinkled crunchy granules. Tiger nuts are natively cultivated and consumed in Egypt and Spain as a part of the Mediterranean
Understanding Impact of COVID-19 on Wound Closure Products Market
The global wound closure products market is a highly competitive market with a high number of global and local players operating in it around the world, states a new market research study by Transparency Market Research. The key players in the market are focusing on the expansion of the product portfolio and the innovations, which is expected to support the growth of the overall market in the next few years.
More Releases for Dry
Hose extrusion with dry vacuum technology
The production of undersea cables is the core competence of Norddeutsche Seekabelwerke, which belongs to General Cable. The insulation layer and gelcoat around the cable strands are made of polyethylene (PE). These PE coatings are applied directly to the cable strands by hose extrusion. Dry Mink claw vacuum technology is deployed in this process and only demand-controlled Mink MV claw vacuum pumps are used that reliably maintain the desired vacuum
Dry Whole Milk Powder Market
https://www.qandqmarketresearch.com/report-sample/emea-dry-whole-milk-powder-market-92 In this report, the EMEA Dry Whole Milk Powder market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales K MT, revenue Million USD, market share and growth rate of Dry Whole Milk Powder for
Global Dry Film Market Research Report 2017
This report studies the Dry Film market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Dry Film market by product type and applicationsend industries. The global Dry Film market is valued at 986 million USD in 2012 and is expected to reach 1011 million USD by the
Global Bean (Dry) Market Outlook
IndexBox has just published a new report "World: Beans (Dry) - Market Report. Analysis And Forecast To 2025" ( http://www.indexbox.co.uk/store/world-beans-dry-market-report-analysis-and-forecast-to-2020?utm_source=opr ). Global bean (dry) production amounted to 27,365 thousand tonnes in 2015, rising by +3.1% against the previous year level. Overall, the global bean (dry) output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased
Global Dry Mouth Relief Market 2017 -
Global Dry Mouth Relief Market Report 2017 presents a professional and deep analysis on the present state of Dry Mouth Relief Market 2017. In the first part, Dry Mouth Relief Market study deals with the comprehensive overview of the Dry Mouth Relief market, which consists of definitions, a wide range of applications, classifications and a complete Dry Mouth Relief industry chain structure. The global Dry Mouth Relief market analysis further consists
Global Dry Imager Market Research Report 2017
Summary This report studies Dry Imager in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Fujifilm Konica Minolta Sony Carestream Codonics Canon Lifecare Solutions Blue Ridge Xray Anita Medical Systems Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Dry Imager in these