Lucintel Forecasts Global Marine Anti-Fouling Coatings Market to Reach $196 Million by 2030


Posted October 13, 2023 by Lucintel

According to a market report by Lucintel, the future of the global marine anti-fouling coatings market looks promising with opportunities in the hull coating, tank coating, propeller, drive shaft, trim tab, stabilizer

 
According to a market report by Lucintel, the future of the global marine anti-fouling coatings market looks promising with opportunities in the hull coating, tank coating, propeller, drive shaft, trim tab, stabilizer, raw water intake, seacock, and bow thruster markets. The global marine anti-fouling coating market is expected to reach an estimated $196.2 million by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for Sustainable and eco-friendly antifouling coating, increasing demand for these coatings in oil and gas industry, and rapid growth of shipbuilding sector.

A more than 150 – page report is developed to understand trends, opportunity and forecast in marine anti-fouling coating market to 2030 by type (controlled depletion polymer, self-polishing copolymer, foul release, and copper-based), application (hull coatings , tank coatings , propellers, drive shafts, trim tabs, stabilizers, raw water intakes, seacocks, bow thrusters, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, controlled depletion polymer, self-polishing copolymer, foul release, and copper-based are the major segments of marine anti-fouling coating market by type. Lucintel forecasts that copper-based is expected to witness highest growth over the forecast period.

Within this market, hull coating will remain the largest segment due to its significant demand from shipbuilding sector owing to its excellent adhesion and anti-corrosive properties.

APAC will remain the largest region due to existence of major ship manufacturing units and availability of huge shipyards in the region.

Akzonobel, Jotun, Hempel, PPG, Sherwin-Williams, Nippon Paint, Chugoku Marine Paints, Kansai Paint, BASF, and Covestro are the major suppliers in the marine anti-fouling coating market.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags marine antifouling coatings market
Last Updated October 13, 2023