Marine Coatings Market To Reach US$ 5.29 Billion by 2022- Global Major Manufacturers, Production and Sales Market Comparison

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The marine coatings market is estimated to be US$ 4.45 Billion in 2017 and is projected to reach US$ 5.29 Billion by 2022, at a CAGR of 3.50% from 2017 to 2022. The growth of the marine coatings market can be attributed to the continuous growth of the shipbuilding and offshore engineering industries in emerging economies.

Top Key Players in the “Marine Coatings Market” include are
• PPG Industries (US)
• AkzoNobel (Netherlands)
• Hempel (Denmark)
• Sherwin-Williams (US)
• Jotun (Norway)
• Chugoku Marine Paints (Japan)
• Nippon Paint (Japan)
• Kansai Paint (Japan)
• Axalta (US)
• BASF Coatings (Germany)

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Research Coverage:
This report segments the marine coatings market based on resin, product type, application, and region. It provides estimations for the overall value of the marine coatings market and its sub segments across various regions.A detailed analysis of the key players operating in the marine coatings market has been conducted to provide insights into their businesses, products & services offered by them, key growth strategies adopted by them, and recent developments such as expansions, new product launches, acquisitions, and partnerships undertaken by them.

The marine coatings market has been studied in North America, Europe, Asia Pacific, South America, and the Middle East &Africa. The Asia Pacific region is expected to lead the marine coatings market during the forecast period,owing to the increased consumption of marine coatings in emerging economies such as China, India, and South Korea.

The Asia Pacific marine coatings market is also projected to grow at the highest CAGR between 2017 and 2022, in terms of value. The demand for oil & gas is increasing in tandem with the ongoing urbanization and industrialization in the region. This, in turn, has fueled the demand for large cargo vessels from the region, thereby increasing the demand for marine coatings in the Asia Pacific region.

Target Audience:
• Chemical Suppliers
• Raw Material Suppliers
• Manufacturers of Marine Coatings
• Manufacturers of Coatings
• Government and Research Organizations
• Research and Consulting Firms
• Traders, Distributors, and Suppliers of Marine Coatings
• Industry Associations

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List of Tables:
• Trends and Forecast of Real GDP, 2017—2022 (USD Billion)
• Global Oil Production vs Consumption (Mbpd), 2012—2016
• Global Crude Oil Production, 2015—2018 (Mbpd)
• Merchandise Trade By Group of Economies, 2016
• Marine Coatings Market Size, By Resin, 2015—2022 (USD Million)
• …..and more

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