Marine Coatings Market Top Key Players - Jotun Industries, Nippon Paints, Berger Paints, PPG Marine and Protective Coatings, AkzoNobel, Hempel, Sherwin Williams, Kansai Paints, Axalta, BASF Coatings, Chugoku Marine Paints, Safinah Coatings and Marine, Awl

Marine Coatings Market is used to protect ships, boats, tankers and other materials from seawater or freshwater. Marine coatings have unique functional properties that provide better protection for the coated surface. This coating not only protects boats, ships, or yachts from seawater, but also protects flooded components from corrosion.

Corrosion formulas and bacterial corrosion are most common in marine environments. As a result of marine corrosion, shipping containers have a shorter life than otherwise. Marine corrosion is a problem that costs billions of dollars a year to solve.

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GLOBAL MARINE COATINGS MARKET DEVELOPMENTS AND INNOVATIONS

• New Selektope-powered antifouling paint launched by Chugoku Marine Paints to protect ships on global, high fouling risk routes

• Nippon Paint Marine’s New Self-polishing Antifouling Paint Applied to 5 Bulk Carriers

GLOBAL MARINE COATINGS MARKET DYNAMICS

• Marine coatings market is a boating technology that is integrated with recent global requirements and will be mobilized with dynamic requirements in various markets. Powerful acceleration, comfortable cruising speed and extended range are the hallmarks of the inboard engine, giving you complete comfort wherever you want.

• According to a study, it is known that China has become a major participant in Korea. In recent years, the marine paint industry has grown as a result of fuel savings and demand for low-emission paints. During this period, the expansion of the shipbuilding industry throughout India, Vietnam and the Philippines will have significant advantages. However, market growth is expected to be hampered by fluctuations in raw material costs.

• Technological innovations and technological advances in this area have been greatly influenced by the development of environmental legislation. R & D has extensively focused on modifying and developing new antifouling solutions that meet shipowners' environmental standards. These new regulations require antifouling chemicals that provide excellent performance, even though they are biocidal, with low VOCs and more solids and less toxicity.

GLOBAL MARINE COATINGS MARKET SEGMENTATION

The Global Marine Coatings Market can be segmented into following categories for further analysis.

By Boat / Ship Infrastructure Type
• Large Recreational Boats
• Small Recreational Boats
• Military Vessels
• Underwater Vessels
• On Water commercial Vessels
• High End Leisure Vessels
• Underwater Leisure Vessels
• Commercial Vessels
• Tanker Vessels
• Cargo Vessels


By Resin Type
• Epoxy
• Alkyd
• Polyurethane
• Others

By product Type
• Anti-Corrosion Marine Coatings
• Anti-fouling Coatings

By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL MARINE COATINGS MARKET

• Marine Coatings market is focused on efficiently managing emissions and other requirements that are simultaneously met through an integrated and continuous level of efficiency compliance with large enterprise-based technologies. A marine coating is a waterproof protective layer applied to surfaces exposed to or submerged in fresh, brackish and/or salt water.

• Used in offshore structures such as boats, boats, ferries, other vessels and offshore oil drilling rigs. Sustainability, Minimization of Fuel Consumption, Air Emissions Big Data are currently important topics for the marine industry. It was recently at the start of a foul release technology that proposes better fuel economy and keeping the efficiency factor adequate.

COMPANIES PROFILED
• Jotun Industries
• Nippon Paints
• Berger Paints
• PPG Marine and Protective Coatings
• AkzoNobel
• Hempel
• Sherwin Williams
• Kansai Paints
• Axalta
• BASF Coatings
• Chugoku Marine Paints
• Safinah Coatings and Marine
• Awlgrip Marine Paints and Coatings

Read More Information: https://mobilityforesights.com/product/marine-coatings-market/

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