Marine Coatings Market Outlook 2018-2025: Technological Growth and Global Key Players - BASF Coatings, Nippon Paint, Kansai Paint, Akzo Nobel N.V., Axalta Coating Systems

The "Global Marine Coatings Market Analysis to 2025" is a specialized and in-depth study of the Marine Coatings industry with a focus on the global market trend. The report aims to provide an overview of Global Marine Coatings Market with detailed market segmentation by product type, resign, application, and geographical segments. The Global Marine Coatings Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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This market report defines the market trends and forecast the upcoming opportunities and threats of global marine coatings market in the next 8 years. Marine coatings are protective coating mostly used in marine environment to protect ships, vessels, tankers etc. The main purpose of using marine coating is to provide superior protection from corrosion and abrasion to the surfaces to which it is applied. There are four types of marine coating such as anti-fouling coatings, anti-corrosion coatings, foul release coatings, self-cleaning and self-polishing coatings.

In Jul 2017,Eclora, started the new series of non-toxic & anti-fouling grapheme enhanced marine coatings in order to control the growth of marine organisms and reduce fuel consumption of vessels.

In Oct 2017, Hempel launched two new premium antifouling coatings – Globic 9500M and Globic 9500S for the reduction in speed loss, fuel savings of 2.5%, along with the reduction in CO2 emissions and also to improve the operational efficiency of a vessel. They are now focusing on developing antifouling coatings. It will affect to decrease maintenance costs and increase vessel efficiency.

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Top Key Vendors -

PPG Industries, AkzoNobel , Hempel , Sherwin-Williams , Jotun, Chugoku Marine Paints , Nippon Paint , Kansai Paint , Axalta ,BASF Coatings , ACA, Netherlands Maritime Technology, Coating & Paint.com, UAE Ports & Shipping Directory, International Paint Marine, among others.

Regional Analysis -

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

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Market Segmentation by -

• Based on the product type, the global marine coatings market is segmented into anti-corrosion coatings, antifouling coatings.

• On the basis of resin, the global marine coatings market is segmented into classified epoxy, alkyd, polyurethane and others.

• On the basis of application the global marine coatings market is segmented into cargo ships, passenger ships, boats and others.

The global marine coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of marine coatings market for global, Europe, North America, Asia Pacific and South America.

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