Press release
Rising demand for new innovative coatings in Marine end user industries is projected to bolster the Global Marine Antifouling Coatings Market during 2018-2024.
Marine anti-fouling coatings are used to coat the bottoms of ships to prevent sea life such as algae and molasses attaching themselves to the husk, thereby slowing down the ship and increasing fuel consumption. The factors such as increasing expenditure on luxury goods, new innovative coatings and application techniques will offer major growth opportunities for the growth of lubricant manufacturers during the forecast period. The rising consumption of commercial vessels, passenger ships, yachts, cargo and conventional offshore drilling rigs is expected to develop industry growth over the forecast period.
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Key pointers in the report include:
•Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges, and constraints on the market during the next five years.
•Team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope of the market in end-user industries.
•Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
•Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
•A complete 360-degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
•Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request.
•All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
Global Marine Anti-Fouling Coatings Market Top Players
• Axalta Coatings Systems
• Akzo Nobel N.V.
• Kansai Paint Co., Ltd.
• PPG Industries
• DowDuPont
• Engineered Marine Coatings
• Sigma-Aldrich Corporation
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