Press release
Growing Demand From The Shipbuilding Sector Is Driving The Expansion Of The Market Examined
Global Hull Coatings Industry Current Scenario and Future OutlookThe impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The Hull Coatings industry suffered a huge setback due to halted production and a limited supply of raw materials.
With the vaccination process picking up pace in countries like China, India, the U.S., the U.K., and Germany, manufacturers are gradually heading towards the road to recovery with an improved supply chain and streamlined production activities.
Get Exclusive Brochure Report Click Here:
https://www.factmr.com/connectus/sample?flag=B&rep_id=6903
Infrastructure Expansion in the U.S. is Fueling Demand for Hull Coatings
The Hull Coatings industry in the U.S. suffered a huge setback due to the coronavirus outbreak in 2022, halting operations in industries such as construction, automotive, and pharmaceutical
However, with the gradual resumption of production activities and improvements in the supply chain globally, manufacturers operating in the Hull Coatings industry are gearing up to retain the industry's post-pandemic status.
Rising demand for organic dispersants from the construction and oil & gas industry is driving the Hull Coatings industry in the U.S. Organic dispersants are widely used in the construction industry, and the anticipated growth is attributable to the wide expanse of real estate in the country.
Increasing housing infrastructure projects are propelling organic dispersant sales, thus augmenting the growth of the Hull Coatings industry. The presence of leading players in the country is also driving sales and export in the Hull Coatings industry.
Key Segments
By Resin
Epoxy
Alkyd
Polyurethane
By Product Type
Anti-fouling
Anti-corrosion
Foul Release
By Application
Crude & Product Tankers
Chemical
Misc. Carrier
Bulk Carrier
LPG Carrier
LNG Carrier
Container ships
MPP
Offshore
By End-Use
New Ships
Repair Works
By Region
North America
US & Canada
Latin America
Brazil, Mexico, Argentina & Rest of Latin America
Europe
Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
East Asia
China, Japan, South Korea
South Asia & Oceania
India, Thailand, Malaysia, Indonesia, Australia & New Zealand and Rest of South Asia
Middle East and Africa
GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
Looking for Toc Report Click Here:
https://www.factmr.com/connectus/sample?flag=T&rep_id=6903
U.K is Capitalizing on Organic Binders for Sustainable Construction Activities
The U.K. has been at the forefront in terms of technological advancements and the adoption of sustainable technology in production globally, which is a key factor augmenting the growth of the Hull Coatings industry.
In 2022, the country suffered huge setbacks due to the adverse effects caused by the COVID-19 pandemic. However, manufacturers operating in the Hull Coatings industry are striving to achieve the pre-pandemic status by opting for various organic and inorganic growth strategies.
In the U.K, the growth of the Hull Coatings industry can be attributed to the surging demand for organic binders. The environment-friendly nature, low energy consumption, and cost-effectiveness offered by organic binders are key factors leading the sales and demand.
Growing urbanization and rapid increments in infrastructure activities across the country are fueling the demand for organic binders, thus creating lucrative opportunities for several players operating in the Hull Coatings industry in the upcoming decade
China is Incorporating Organic Pigments in Textiles and Visual Arts
The global hub for the Hull Coatings industry, China, is picking up pace in its post-covid recovery, due to the timely eradication of the virus. With little to no restrictions, most production-related activities have resumed across the country, acting as anchors for various local and global manufacturers.
China is a lucrative ground for the Hull Coatings industry due to the presence of leading manufacturers and several industries such as textile, pharmaceutical, plastic, and paint. Due to the abundance of these industries, the demand for organic pigments is also gaining immense traction in China.
Organic pigments are non-toxic, cost-effective, and offer good color strength, making them a favorable choice for usage in various end-use sectors. Increasing the use of organic pigments in plastics, textiles, paints, and coatings will continue driving the growth in the Hull Coatings industry.
Additionally, the wide range of unique shades available in organic pigments makes them a preferred choice for visual arts as well. The consumption of organic pigments in high-tech applications such as photo-reprographics, optoelectronic displays, and optical data storage are fueling the demand for organic pigments and creating lucrative opportunities for players operating in the Hull Coatings industry.
Who are the Key Manufacturers of Hull Coatings?
Axalta Coating Systems
Akzo Nobel N.V.
Boero Bartolomeo SpA
Chugoku Marine Paints Ltd.
GLS Coatings Ltd
BASF SE
Henkel
Nippon Paint Holdings Co.Ltd.
Hempel A/S
PPG Industries
Sherwin-Williams Company
Valspar Corporation
India Will Showcase High Demand for Speciality Hull Coatings
India is emerging as a lucrative market for the Hull Coatings industries for players across the world. With gradual resumptions in the restrictions on movement, the country is slowly getting back on track to achieve post-pandemic status in the coming years.
The Hull Coatings industry in India is capitalizing on various sectors such as paints, pharmaceuticals, adhesives, pesticides, and dyes, making it one of the most important industries in the country.
Leading players operating in the Hull Coatings industry are focusing on enhancing their product portfolio by adding specialty chemicals such as polymer additives, water treatment chemicals, and lubricating additives, which will further drive growth and sales in the industry in the upcoming decade.
The newly discovered natural gas reserves in the country will also enable manufacturers to procure diverse Hull Coatings and will continue augmenting the growth of the Hull Coatings industry.
Pre Book This Report:
https://www.factmr.com/checkout/6903
Key Long-Term Trends
The global Hull Coatings industry is gradually recovering in 2021 and is expected to gain momentum in the upcoming years. With a noteworthy surge in activities in industries such as infrastructure, construction, pharmaceutical, and oil & gas, the Hull Coatings industry will show an upward trend in the coming years. Some new trends that are augmenting the market growth are:
Chemoinformatic
The Hull Coatings industry will largely benefit from chemoinformatic due to various factors such as the ease of evaluating specific properties of large compounds. The use of computational and informational techniques will help manufacturers gain insights into the new and existing chemicals and how to incorporate them into Hull Coatings products.
For More Insights of Fact.MR Trending Report:
http://www.globenewswire.com/en/news-release/2018/07/03/1532903/0/en/Theodolite-Market-Sales-through-Construction-Application-to-Generate-Significant-Revenues.html
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
About Fact.MR
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner
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 Growing Demand From The Shipbuilding Sector Is Driving The Expansion Of The Market Examined here
News-ID: 2628363 • Views: …
More Releases from Fact.MR

Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi …
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiency…

Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% …
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complex…

Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex …
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The rise…

Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: …
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into the…
More Releases for Coating
Medical Grade Coating Market: How Nanotechnology Is Advancing Coating Solutions
► Medical Grade Coating Market Poised for Significant Growth, Projected to Reach USD 22.01 Billion by 2032
The global medical grade coating market, valued at USD 13.40 billion in 2024, is anticipated to experience robust growth, reaching approximately USD 22.01 billion by 2032. This represents a compound annual growth rate (CAGR) of 6.4% during the forecast period.
Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/100541/
► Market…
Powder Coating Market - Advanced Coating Solutions for Industrial Applications | …
Powder Coating Market is expected to grow at a CAGR of 6.0% during the forecast period (2024 - 2031).
Powder Coating Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers…
Coating Equipment Market by Type (Powder coating equipment, Liquid coating equip …
The Coating Equipment Market research report incorporates the scope and objective of the study. Moreover, the report highlights key market segments and players covered. It also covers industry trends, focusing on market use cases and top market size by region, market trends, and global market size. Moreover, the Coating Equipment Market research report covers market growth rate and market share by region. Supply chain analysis, regional marketing analysis, opportunities, challenges,…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…