Middle East & Africa Marine Coatings Market Projected to Gartner Significant Revenues by 2024 | Key Players AkzoNobel, Kansai Paint, DuPont, BASF, Sherwin-Williams, Hempel
Trends in industrial production, construction & infrastructure spending, and consumer expenditure will drive the overall demand for marine coatings in the MEA region. The development is led by the United Arab Emirates (particularly Dubai and Abu Dhabi), Saudi Arabia, Oman and Qatar, where the region’s major ports and shipyards are located mainly for the purpose of ship building, repair, and engineering solutions, where marine coatings play a vital role in protecting the ships surface from deterioration and enhancing their shelf life. Thereby, flourishing the product demand, which will have positive impact on the MEA marine coatings market size in the coming years.
Request for a sample of this research report @ https://www.graphicalresearch.com/request/1106/sample
Leisure boats are one of the fastest growing applications for marine coatings. Leisure boats include yachts, super yachts and cruise liners. Marine coatings offer protection as well as glossy finish to these applications.
Demand for VOC free, low biocides and environment friendly marine coatings are gaining popularity among the customers, hence new trends are being employed by marine coatings manufacturers to achieve such specifications to comply with government norms. Thus, the increasing need for low emission coatings from the consumers is driving the MEA marine coatings market size by 2024.
Several councils across the world are suppressing the paints & coatings industry due to large-scale usage of toxic chemicals and VOC content. The US Environmental Protection Agency (EPA) and the European Union (EU) have set certain limits on volatile organic compounds in the marine coatings industry.
Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1106/inquiry-before-buying
Prolonged exposure to these can cause skin and pulmonary problems. Thus, various environmental regulations related to VOC emissions have a restraining effect on the marine coatings market size by 2024.
Middle East & Africa Marine Coatings Market by Product
• Anti-fouling coatings
• Anti-corrosion coatings
• Foul release coatings
Anti-fouling coatings projected to be the fastest growing segment among anti-corrosion and foul release in the MEA marine coating market during the forecast spell. Growing shipbuilding and repair & maintenance activities in the region will likely to propel the marine coating market growth in the coming years.
Based on application, the marine coating market size include coastal, containers, deep sea, offshore vessels, leisure boats, and others. Leisure boats demand is said to rise due to increasing disposable income of the population, High maintenance cost of yachts, leisure boats, cruise ships, etc. will propel the marine coatings market demand by 2024.
Browse Complete Report Summary @ https://www.graphicalresearch.com/industry-insights/1106/middle-east-and-africa-marine-coatings-market
Key manufacturers in the marine coating market include giant multi-national players such as Akzo Nobel, Kansai Paint, DuPont, BASF SE, Sherwin-Williams, Hempel, Chugoku Marine Paints Ltd., Jotun, Nippon Paint, KCC Corporation, PPG Industries and MCU Coatings International.
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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 Middle East & Africa Marine Coatings Market Projected to Gartner Significant Revenues by 2024 | Key Players AkzoNobel, Kansai Paint, DuPont, BASF, Sherwin-Williams, Hempel here
News-ID: 1715505 • Views: 711
More Releases from Chemicals
North America Controlled Release Fertilizers Market Competitive Analysis and For …
A comprehensive research study on North America Controlled Release Fertilizers Market introduced by Graphical Research provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of the market in terms of the demand landscape, driving factors and growth strategies adopted by market players. Controlled release fertilizers (CRF) have been proved to be an effective substitute to the conventional fertilizers,
North America Attapulgite Market 2019 to 2024 with Regional Analysis, Applicatio …
Graphical Research has launched a report on North America Attapulgite Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere. According to the Graphical Research new growth forecast report titled “North
Europe Marine Coating Market Overview and Competitive Analysis 2019 by Key Playe …
Graphical Research has announced the launch of Europe Marine Coating Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry. Sturdy demand for marine coating products to increase the vessel’s life
Europe Controlled Release Fertilizers Market Growth Analysis by 2024 | Major Key …
Graphical Research has recently added a report on Europe Controlled Release Fertilizers Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere. According to the Graphical Research new growth forecast report titled “Europe
More Releases for Marine
Ocean Engineering Equipment Market Business Opportunities 2026 - Top Companies a …
The Ocean Engineering Equipment Market research added by UpMarketResearch.com, offers a comprehensive analysis of growth trends prevailing in the global business domain. This report also provides definitive data concerning market, size, commercialization aspects and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of key players within the projection timeline while focusing on their portfolio and regional expansion endeavors. Request Exclusive Free Sample PDF of This
Marine Cranes Market Reviews and Statistics 2020 - DMW Marine, Heila Cranes, Eff …
An extensive study of the product application and services conducted by subject matter experts assessing the global Marine Cranes market will help product owners to make a wise decision. The latest research report on Marine Cranes market for the forecast period, 2020 - 2025 is involved in screening the business environment and the companies operating in the Marine Cranes industry. Importantly, the research sheds a lot of light on their winning
Agar Agar Manufacaturer - Marine Hydrocolloids
Agar Agar Food Grade (China Grass) Agar Agar is used as 100% vegetarian substitute for Gelatin (manufactured from animal bones and skin) in the food industry. The usage is fast gaining ground due to the worldwide shift for products of vegetable origin. Agar Agar has been used for many centuries as high performance gelling agent. Its ability to produce clear colourless, odourless, and natural gels without the support of other colloids has
Marine Navigation Systems Market Growth
In this report, we studies the present scenario (with the base year being 2017) and the growth prospects of global Marine Navigation Systems market for 2018-2023. Key Questions Answered in this report: What will the Marine Navigation Systems Market the growth rate be in 2023? What are the key factors driving the Global Marine Navigation Systems Market with a focus on the Global market? What are the key market trends in Marine Navigation Systems
Marine Diesel Engines Market
MaketStudyReport.com adds a New Marine Diesel Engines Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 5% CAGR to 2024. Marine Diesel Engines Market size is set to exceed USD 7 billion by 2024, according to a new research report. Growing demand for economic viable engines coupled with rise in seaborne trade will drive marine diesel engines market. According to United
Global Marine Grease Market 2017 - Chevron, Castrol, Lubmarine, BP Marine
Apex Market Reports, recently published a detailed market research study focused on the "Marine Grease Market" across the global, regional and country level. The report provides 360° analysis of "Marine Grease Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Marine Grease industry, and estimates the future trend of Marine Grease market