Press release
Leisure Boat Marine Coatings Market to amass sizable proceeds till 2024, Global industry to hit USD 1.9 billion by 2024
Leisure Boat Marine Coatings Market stands to gain much in the ensuing years, driven by escalating demand for luxury vessels in recent times. The business space is rather competitive, on the grounds of which companies have been going the whole hog to stabilize their position in the industry. The Sherwin-Williams Company for instance, has recently prepped up its product portfolio to consolidate its presence across leisure boat marine coatings market. The firm’s SHW Protective & Marine Coatings unit launched the Zinc Clad 4100, a new high-solids coating that is inclusive of features such as short recoat time, which is slated to enable better project schedules, accelerated shop throughput, and quick field project turnarounds.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2118
Designed to be used exclusively for barges, ships, boats, drilling rigs, and refineries, the Zinc Clad 4100, as per experts, is likely to disrupt the product landscape of leisure boat marine coatings market. It is also prudent to mention that The Sherwin-Williams Company acquired Valspar, a Minnesota-headquartered paints and coatings major, toward the end of Q2 2017, for a valuation of more than USD 11 billion, thereby consolidating its presence in leisure boat marine coatings market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AkzoNobel
2. PPG Industries
3. Sherwin-Williams
4. DuPont
5. BASF
6. Jotun
7. Kansai Paint Private Limited
8. KCC Corporation
9. RPM International Inc.
10. Hempel A/S
11. Chugoku Marine Paints, Ltd
12. Nippon Paint (Pakistan) (Pvt) Ltd
13. MCU COATINGS LIMITED
14. Axalta
15. Katradis Marine Ropes Industry SA
Another prominent factor fueling the worldwide leisure boat marine coatings market size is the exponentially increasing popularity of recreational water activities. The recreational businesses, over the recent years, have seen a vivid uptick and are expected to witness similar growth trends in the coming timeframe, with the massively rising popularity of water sports, adventure boating, and recreational boating activities. The leisure boating being the mainstay for recreational activities, has overtly witnessed a widespread demand at a global scale, impelling the overall leisure boat marine coatings industry share.
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Speaking in terms of regional trends, North America is forecast to contribute more than 25% towards the overall leisure boat marine coatings market size over the coming seven years. The presence of large coastal areas coupled with the numerous leisure boating activities taking place across the region can be principally credited for the growth of North America leisure boat marine coatings market, which, as per analysts, is set to record a CAGR of over 6.5% during 2017 to 2024. Canada and the U.S. are likely to emerge as the key revenue pockets for this region.
The Asia Pacific region would be particularly impelled on the grounds of the robustly expanding tourism sector in the region. Countries such as Japan, China, Australia, Hong Kong, Indonesia, Malaysia, and Thailand, famous as tourist destinations, have necessitated the demand for luxury ships and barges, which would help augment the regional leisure boat marine coatings market.
Table Of Content For This Research Report:
Chapter 4. Leisure Boat Marine Coatings Market, By Product
4.1. Global leisure boat marine coatings market share by product, 2016 & 2024
4.2. Anti-fouling coatings
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Anti-corrosion coatings
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Foul release coatings
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
4.5. Others
4.5.1. Market estimates and forecasts, 2013 - 2024
4.5.2. Market estimates and forecasts by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/leisure-boat-marine-coatings-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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