Marine Coatings Market 2019: Global Competitive Analysis on PPG Industries, Inc., Akzo Nobel N.V., Axalta Coatings Systems, Cabot Corporation, Carboline Company, Coolshield International Pty., Ltd, Delta T & Protective Products

This Global Marine Coatings Market research report is organized by collecting market research data from different corners of the globe with an experienced team of language resources. Keeping in mind the customer requirement, this finest market research report is constructed with the professional and in-depth study of Chemical and Materials industry. As market research reports are gaining immense importance in this swiftly transforming market place, Marine Coatings Market report has been created in a way that you anticipate. It all-inclusively estimates general market conditions, the growth prospects in the market, possible restrictions, significant industry trends, market size, market share, sales volume and future trends.

The Marine Coatings Market report serves the clients to tackle every strategic aspect including product development, product specification, exploring niche growth opportunities, application modelling, and new geographical markets. This report estimates the existing state of the market, market size and market share, revenue generated from the product sale, and necessary changes required in the future products. This Global Marine Coatings Market research report serves the purpose of businesses of making enhanced decisions, deal with marketing of goods or services, and achieve better profitability by prioritizing market goals. Analysis of major challenges faced currently by the business and the possible future challenges that the business may have to face while operating in this market are also taken into account.

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Marine Coatings Market is expected to rise from its initial estimated value of USD 3.67 billion in 2018 to an estimated value of USD 6.76 billion by 2026, registering a CAGR of 7.95% in the forecast period of 2019-2026. Increase in demand from the shipbuilding industry for marine coating is the major factor driving the market. Also the Global Marine Coatings Market By Resin (Epoxy, Alkyd, Polyurethane, Acrylic, Polyester, Fluoropolymer), Product Type (Anti- Corrosion Coating, Antifouling Coating), Applications (Cargo Ships, Passenger Ship, Boat), Marine Segment (Dry Docking, New Shipbuilding), End- Use (Marine, Oil & Gas, Industrial, Construction, Energy and Power, Transportation), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Forecast to 2026

Key Developments in the Market:

• In May 2017, AkzoNobel announced the launch of their new marine coating app to improve the user experience. The app will help the customers to access Company’s wealth of coating data.

• In November 2018, PPG announced launch of their PPG Novaguard 810 ER coating in U.S. and Canada. It will protect fuel tanks, ballast tanks and internal and external superstructures of tugs and barges. They are solvent- free and amine rapid- cured novolac epoxy coatings.

Market Drivers:

• Requirement for the repairing and maintenance of the ship is driving the growth of the market

• They are excellent oil, water, chemical and weather resistance.

Market Restraints:

• The strict environmental regulation on the production of the protective coating is restraining the growth of this market.

• Increasing cost of the raw materials is restraining market growth

Key Market Competitors:

Few of the major competitors currently working in marine coating market are PPG Industries, Inc., Akzo Nobel N.V., Axalta Coatings Systems, Cabot Corporation, Carboline Company, Coolshield International Pty., Ltd, Delta T & Protective Products, Excel Enterprise, General Coatings Corporation, Jotun, Kansai Paint Co., Ltd., Lincoln Industries, Mascoat, Mathur Corr-Tech Private. Limited., Nippon Paint Holdings Co., Ltd., NPP Engineering, Sharpshell Industrial Solutions.

Segmentation: Global Marine Coatings Market

• By Resin

o Epoxy
o Alkyd
o Polyurethane
o Acrylic
o Polyester
o Fluoropolymer

• By Product Type

o Anti- Corrosion Coating
o Antifouling Coating

• By Applications

o Cargo Ships
o Passenger Ship
o Boat

• By Marine Segment

o Dry Docking
o New Shipbuilding

• By End- Use

o Marine
o Oil & Gas
o Industrial
o Construction
o Energy and Power
o Transportation

• By Geography

o North America

o South America

o Europe

o Asia-Pacific

o Middle East and Africa

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Competitive Analysis:

Global marine coating 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 coating market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Table of Contents

1. Introduction

2. Market Segmentation

3. Market Overview

4. Executive Summary

5. Premium Insights

6. Global, By Component

7. Product Type

8. Delivery

9. Industry Type

10. Geography

10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa

11. Company Landscape

12. Company Profiles

13. Related Reports

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