Press release
Yacht Coatings Market to Record Significant Growth in Revenue during 2015-2021
Yacht coatings offer defense for yachts from hazards such as UV radiation, moisture, microbes as well as enhance its appearance. The approximately one centimeter thick coating protects the steel and aluminium body of yacht from the extreme effect of harsh marine environments. Few of the major categories of yacht coatings are anti-fouling coatings, ceramic-based coatings and vinyl finishes.Ceramic-based coatings allow a yacht to go for five to 10 years without having to be repainted. High-gloss ceramics offers features like UV resistance, contaminant resistance, aesthetic appeal, increased gloss and relatively low maintenance. A large number of yachts have started using these coatings on stainless-steel rails, top coats, gelcoats, sea strainers, running gear, etc.
Another yacht coating product type is a vinyl finish. It is an increasingly popular alternative to the conventional methods such as paint and gel-coat. It is available in a variety of colours and textures such as digital print, leather effect, brushed aluminium, pearlescent, wood effect, matt and carbon effect.
Get Sample Copy Of This Report@ https://www.persistencemarketresearch.com/samples/7984
Anti-fouling coatings are used on the underwater hulls of the vessels to eliminate the growth of fouling, which includes algae, slime, grass, and barnacles.
The total cost of this technology is high. When overall cost is taken into consideration, the yacht coatings represents one of the high cost involving components in yacht construction. Owning to this relatively high cost, maintenance becomes crucial. The development of yacht coatings aims for customization so as to offer various benefits like graffiti resistance, self-cleaning characteristics and customer satisfaction.
The yacht coating market is greatly dependent on the yacht manufacturing market. The market derives majority of its demand from the newly manufactured yachts. Since past few years, the yacht market growth has been slow due to extended build times and lower order numbers as a result of the Global Financial Crisis. This in turn has led to a slow growth of yacht coating market. However, both the markets are expected to see a great leap in next couple of years.
Some other factors driving the growth of the global yacht coatings market includes the rising demand for innovative and distinguished looks and appearance for private yacht and increasing number of sea transportation.
Request For TOC@ https://www.persistencemarketresearch.com/toc/7984
New innovations and advancements in coating manufacturing market leading to high performing and high standard product has increased the life of coatings and thus reduced the maintenance cost. This is anticipated to negatively impact the growth of the global yacht coating market’s demand for maintenance, wash down and regular re-coating purpose.
The global yacht coatings market is broadly classified on the basis of chemistry, purpose and applications.
Based on chemicals, the global yacht coatings market is segmented into:
Epoxies
Polyurethanes
Ethyl silicates
Others
Based on purpose, the global yacht coatings market is segmented into:
New build application
Crew maintenance & wash down
Regular re-coating at designated repair/overhaul intervals
Based on application, the global yacht coatings market is segmented into:
Fairing
Longboarding
High build primer
Metal Prep
Color matching
Global players are focused in the innovation of eco-friendly products to achieve organic growth. Moreover these market leaders are channelizing their efforts to expand their regional presence through mergers and acquisitions, with their prime focus in developing economies and improving productivity in the developed regions.
You Can Checkout This Complete Report@ https://www.persistencemarketresearch.com/checkout/7984
The global yacht coatings market is expected to witness a growth in demand for the forecast period. Depending on geographic regions, Northern Europe and Gulf region are projected to demonstrate a substantial growth and will contribute to the global yacht coatings market value.
Some of the key market participants in global yacht coatings market are AkzoNobel, Jotun, PPG Industries, Inc, Epifanes NA Inc, Boero Bartolomeo S.p.A, Alexseal Yacht Coatings, The Sherwin-Williams Company, Chugoku Marine Paints Ltd, Hempel UK Ltd.
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Persistence Market Research (PMR) is an innovative and specialized publisher of market intelligence reports and consulting services. Prompt delivery, in-depth research, and high quality are the sacrosanct principles of PMR.
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 Yacht Coatings Market to Record Significant Growth in Revenue during 2015-2021 here
News-ID: 2205430 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Based
Electromagnetic Weapons Market : Land-Based, Air-Based, and Sea-Based 2021-2030
The global electromagnetic weapons market was valued at $350.0 million in 2020, and is projected to reach $2,060.1 million by 2030, registering a CAGR of 19.7% from 2021 to 2030.
Access Free sample PDF Copy of the Report - https://www.alliedmarketresearch.com/request-sample/15793
On the basis of platform, the electromagnetic weapons market is segregated into land-based, air-based, and sea-based. In 2020, the sea-based segment dominated the market. Developed nations such as the U.S. have started…
Battery Management System Market : Lithium-Ion Based, Lead-Acid Based, Nickel-Ba …
The global battery management system market generated $5.81 billion in 2019, and is estimated to reach $24.83 billion by 2027, registering a CAGR of 20.2% from 2020 to 2027 by Battery Type (Lithium-Ion Based, Lead-Acid Based, Nickel-Based, and Others), Topology (Centralized, Distributed, and Modular), and Application (Automotive, Telecommunication, Consumer Electronics, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Download Report Sample : https://www.alliedmarketresearch.com/request-sample/7002
COVID-19 Scenario :
The manufacturers have stopped the…
Higher Education Game-based Learning Market By Type (Rognitive Ability-Based Gam …
On a global scale, the Higher Education Game-based Learning market is currently showing significant development. The innovative methods and market study have helped many of the major players McGraw-Hill Education, PlayGen, Toolwire, Totem Learning, Lumos Labs, Triseum, Designing Digitally, Forio, Innovative Dutch, LearningWare to carve a name for themselves in the competitive global market. The Higher Education Game-based Learning market is experiencing a massive growth velocity due to the new…
Hardware Security Modules Market by Type LAN Based, PCIE Based, USB Based
Hardware Security Modules Market is expected to witness high growth during the forecast period.The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022.
Factors…
Meat Substitute Market by Product Type (Tofu-based, Tempeh-based, TVP-based, Sei …
The global meat substitute market size was valued at $7.5 billion by 2025, registering a CAGR of 7.7% during the forecast period (2018-2025). Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis.
Get Sample@ https://www.researchbeam.com/meat-substitute-market/request-sample
Meat substitutes are products that resemble actual meat in…
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the…
