Offshore Coating Market 2022 Global Insights and Business Scenario – Akzo Nobel, Hempel, PPG Industries, Sherwin-Williams, Jotun, Chugoku Marine Paints

MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Offshore Coating Market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis. The report also includes a detailed study of key companies to provide insights into business strategies adopted by various players in order to sustain competition in this highly competitive environment.

The study includes market share analysis and profiles of players such as– Akzo Nobel, Hempel, PPG Industries, Sherwin-Williams, Jotun, Chugoku Marine Paints, KCC Marine Coatings, RPM International, Nippon Paint, Kansai Paint, Luoyang SUNRUI Anti-Corrosion Engineering Technology Co., Ltd., Zhejiang Yutong New Materials Co., Ltd., Great Bridge, YUNG CHI PAINT.

Click here to get a free sample copy of the latest research on the Offshore Coating market (Flat 25% discount):

https://www.marketinsightsreports.com/reports/01114713470/global-offshore-coating-market-outlook-2022/inquiry?Mode=A28

In 2020, the global Offshore Coating market size was US$ 2653.9 million and it is expected to reach US$ 3759.3 million by the end of 2027, with a CAGR of 5.1% during 2021-2027.

Market Overview:

Offshore Coating can protect against chloride ion corrosion for a long time, effectively protecting metals and other materials from corrosion by seawater. Excellent corrosion resistance, corrosion resistance to humid atmosphere, acid rain, sea water and salt spray, and extremely high stability to petroleum and petrochemical products and organic solvents.
From a global perspective, in 2019, the global offshore coatings market is mainly led by China. China is the world’s largest producer and consumer of offshore coatings, and is also the country with the largest increase in demand. This trend will continue in the future constantly.
North America is the second largest production area in the offshore coatings market, accounting for 21.86% of world production in 2019. Major foreign manufacturers include Akzo Nobel, PPG, Haihong Senior, Sherwin, Jordan, RPM, Prime Coating, Nippon Paint, KCC, etc. Among them, Akzo Nobel, PPG, Haihong Senior, Sherwin and Jordan are the top five manufacturers in the market, which accounted for about 52.7% of the market output value. At present, Akzo Nobel is a leader in the global market. In 2019, Akzo Nobel accounted for approximately 16.34% of the global market output.
Offshore Coating can be divided into three types: solvent coatings, water-based coatings and powder coatings. Among them, solvent coating has the largest market share, accounting for about 2/3 of the market in 2019. Due to environmental issues, the growth rate of water-based coatings and powder coatings is expected to continue to accelerate.
Offshore oil production platform is the most important downstream application, and its market share in 2019 is about 62%. It is expected that offshore wind power equipment will become the most potential application.

This report segments the global Offshore Coating market on the basis of Types are:

Solvent Coating

Water-Based Coating

Powder Coating

On the basis of Application, the Global Offshore Coating market is segmented into:

Offshore Oil Production Platform

Dock Storage Tank

Offshore Wind Power Equipment

Pipes And Cables

Sea Bridge

Other

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Offshore Coating market.

The regional analysis is exclusively focused in the report:

– North America (United States, Canada and Mexico),

– Europe (Germany, France, UK, Russia and Italy),

– Asia-Pacific (China, Japan, Korea, India and Southeast Asia),

– South America (Brazil, Argentina, etc.),

– Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Available Exclusive Discount:

https://www.marketinsightsreports.com/reports/01114713470/global-offshore-coating-market-outlook-2022/discount?Mode=A28

The study objectives of this report are:

To study and analyze the global Offshore Coating size (value and volume) by the company, key regions/countries, products and application, history data from 2021 to 2027, and forecast to 2028.
To understand the structure of Offshore Coating by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Offshore Coating manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Offshore Coating with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Offshore Coating submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points Covered in Table of Contents: 

– Overview of Offshore Coating Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

We also offer customization on reports based on specific client requirements:

1- Free country-level analysis for any 5 countries of your choice.
2- Free competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points

Please connect with our sales team (sales@marketinsightsreports.com).

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

This release was published on openPR.