openPR Logo
Press release

Antifouling Coatings Market: Top Leaders, Insights and Forecast Research 2024 | Akzonobel N.v., Advance Marine Coatings As, Hempel, BASF SE, Jotun, The Sherwin-williams Company, PPG Industries

02-12-2019 01:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

Antifouling Coatings Market: Top Leaders, Insights

The main objective of this report is to define, describe, and forecast the global “Antifouling Coatings” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report, the global antifouling coatings market is projected to grow at a CAGR of 7.9% over the forecast period of 2018-2024.

Download a sample report: https://www.infiniumglobalresearch.com/reports/sample-request/1199

Marine structures comprise bulk carriers, tankers, container ships, cargo ships, and passenger and cruise ships, among others. These ships are subject to diverse and severe biofouling owing to marine organisms that get attached to the hull of the ship. Biofouling can negatively affect the hydrodynamics of a hull by increasing the required propulsive power and fuel consumption. Marine fouling and sea condition roughens the hull surface of the ship. As the frictional resistance caused by the water flow over the hull increases, the engine consumes more fuel to overcome a resistance that adds on to the normal fuel consumption of the ship thereby affecting the vessels performance and durability. To prevent detachment of marine organisms from the ship, antifouling coatings are used. Antifouling coatings are a special category of coatings that are used to coat the outer layer of the hull of a ship and other offshore structures in both seas and freshwater environment. These coatings serve the dual purpose of protecting the offshore structures from the detachment of subaquatic organisms as well as protect the ship from corrosion

Hull condition for merchant ship is a key factor in deciding the fuel efficiency of the ship. The anti-fouling paints decrease the load on the engine and increase fuel efficiency. The demand for the antifouling coatings market is driven by the need for the fuel savings and to prevent the ships from the corrosion. Besides this, the development of low emission coatings is also boosting the demand for the antifouling coatings market. The growing shipbuilding and marine logistics business are further fuelling the market growth. In addition, the increase in drilling activities across the oil & gas fields and increasing ownership of leisure boats are contributing to the growth of the market. However, Substitutes such as electrolytic system, ultrasonic and electro-chlorination can hinder the market growth of the antifouling coatings market. Going further, with a growing number of marine and naval vessels coupled with the development of new innovative coatings, the antifouling market is anticipated to grow at the highest CAGR during the forecast period.

Among the Geography, Asia Pacific region dominates the antifouling coatings market. The demand for the antifouling coatings is strong in this region, as this region has the biggest shipbuilding industry. China has the one largest shipbuilding nation. Maintenance of existing vessels and the emergence of new marine structures are facilitating growth in this region. Moreover, the Asia Pacific region has the highest number of naval ships. Countries like North Korea, China, India, and Indonesia are some of the leading nations having the highest number of naval vessels. Europe and North America follow the Asia Pacific region respectively and is expected to grow at the significant CAGR

The report on global antifouling coatings market covers segments such as type and applications. On the basis of type, the sub-markets include copper based, hybrid, and others. On the basis of applications, the sub-markets include shipping vessels, drilling rigs & production platforms, boats, naval ships, inland waterways, and others (including aquaculture nets and anchors).

Feel Free to Get in Touch for Discounts and Customized Details: https://www.infiniumglobalresearch.com/reports/request-discount/1199

The report provides profiles of the companies in the market such as Akzonobel N.v., Advance Marine Coatings As, Hempel, BASF SE, Jotun, The Sherwin-williams Company, PPG Industries, Inc., Chugoku Marine Paints, Ltd., Archer Daniels Midland Company, and Nippon Paint Holdings Co., Ltd.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of antifouling coatings market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us:

Infinium Global Research
Tel: +1-800-638-0796
Email: info@infiniumglobalresearch.com
Website: https://www.infiniumglobalresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
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 Antifouling Coatings Market: Top Leaders, Insights and Forecast Research 2024 | Akzonobel N.v., Advance Marine Coatings As, Hempel, BASF SE, Jotun, The Sherwin-williams Company, PPG Industries here

News-ID: 1580993 • Views:

More Releases from Infinium Global Research

Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: Infinium Global Research
Global Aircraft Tyre Market Size Worth USD 2478.09 Million By 2030 | CAGR 5.47%: …
Infinium Global Research, a prominent market research firm, has released an in-depth report providing a comprehensive analysis of the Global Aircraft Tyre Market. The report dives into segments and sub-segments, highlighting both global trends and regional insights that significantly impact this dynamic industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1058 Steady Market Growth The global aircraft tyre market, valued at USD 1634.41 million in 2022, is anticipated to surge to
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2030 at 6.50% CAGR | Infinium Global Research
Global Automotive Interior Leather Market to Hit USD 61.6 Billion, Globally By 2 …
Infinium Global Research, a leading research firm, has published an extensive report providing a detailed analysis of the Global Automotive Interior Leather Market. The report offers comprehensive insights into segments and sub-segments, highlighting both global trends and regional dynamics shaping this thriving industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1266 Steady Market Growth The global automotive interior leather market, valued at USD 30.82 billion in 2022, is projected to skyrocket
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Billion By 2030 | Infinium Global Research
Global Automatic Car Wash Market Growing at a CAGR of 4.01% to Reach USD 5.82 Bi …
Infinium Global Research, a leading authority in market analysis, has released an extensive report offering a deep dive into the Global Automatic Car Wash Market. The report presents an in-depth analysis of segments and sub-segments, shedding light on both global trends and regional dynamics impacting this burgeoning industry. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1295 Robust Market Growth The automatic car wash market, valued at USD 4.04 billion
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at a Robust CAGR of 5.51% Between 2023 to 2030 | Infinium Global Research
Global Automotive Logistics Market is Anticipated to Reach USD 363.03 Billion at …
Infinium Global Research, a leading market research firm, has released an expansive report offering an in-depth analysis of the Global Automotive Logistics Market. The report delves into crucial segments and sub-segments, shedding light on both global and regional dynamics impacting this intricate industry. The comprehensive study reveals the profound impact of drivers, restraints, and macro indicators on the automotive logistics market. Providing a comprehensive outlook, the report highlights evolving trends, forecasts,

All 5 Releases


More Releases for Antifouling

Electric Powertek: Antifouling Type Disc Suspension Toughened Glass Insulator
Image: https://cdn.globalso.com/electricpowertek/Antifouling-Glass-insulator-2.jpg Short Description: Product Name:Glass Insulator [https://www.electricpowertek.com/stain-resistant-type-disc-supension-toughened-glass-insulator-product/] Type:Antifouling Type Material:Toughened Glass Insulators are a special type of insulation control that can play an important role in overhead transmission lines. In the early years, insulators were mostly used for power poles, but gradually developed into high voltage power line connection towers with many disc-shaped insulators hanging on one end to increase the creepage distance, usually made of glass or ceramic. It's called an insulator. Insulators
Antifouling Paint Market 2023 Industry Growth Estimate, Strategy, Application.
Analytics Market Research has added a new key research reports covering Antifouling Paint market. The study aims to provide global investors with a game-changing decision making tool covering key fundamentals of the Antifouling Paint market. The research report will include total global revenues in the market with historical analysis, key figures including total revenues, total sales, key products, instrumental drivers, and challenges. The report data is derived from extensive primary
Antifouling Coatings Market 2021 | Detailed Report
According to Market Study Report, Antifouling Coatings Market provides a comprehensive analysis of the Antifouling Coatings Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. Get Free Sample PDF (including full TOC, Tables and Figures) of Antifouling Coatings Market: https://www.reportsnreports.com/contacts/requestsample.aspx?name=4099075 #Key Players- - Akzo Nobel - Hempel - Jotun - PPG industries - Sherwin-Williams Company - BASF - Boero - Chugoku Marine Paints - DuPont - Kansai Paints - Nippon Paint Holdings - Sea Hawk
Antifouling Coatings Market Share is Growing With Steady Pace
Zion Market Research, A leading market research firm added a research report on "Antifouling Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2021" to its research database. This Antifouling Coatings Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market. The Antifouling Coatings market report aims to provide a powerful resource to evaluate the Antifouling
Pleasure Boat Antifouling Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Pleasure Boat Antifouling Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-pleasure-boat-antifouling-market_p112956.html   Antifouling paint used for pleasure boats is a
Professional Vessel Antifouling Size, Share, Development forecast to 2024
New report published by Global Info Research which offers insights on the global Professional Vessel Antifouling market. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-professional-vessel-antifouling-market_p102406.html Global Professional Vessel Antifouling Market: Forecast by Type / Application / Region Steel,wood,aluminum,fiberglass,and previously painted surfaces coated with anti-fouling paint.  Scope of the Report: The worldwide market for Professional Vessel Antifouling is expected to grow at a CAGR of roughly