Marine coatings market comprises manufacturers of marine coatings such as PPG Industries (US), AkzoNobel (Netherlands), Hempel (Denmark), Sherwin-Williams (US), Jotun (Norway), Chugoku Marine Paints (Japan), Nippon Paint (Japan), Kansai Paint (Japan), Axalta (US), and BASF Coatings (Germany); and ship building industries such as Mitsubishi Heavy Industries (Japan), Hyundai Samho (South Korea), Samsung Heavy Industries (South Korea), Daewoo Shipbuilding (South Korea), and Hyundai Heavy Industries (South Korea).
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Download Study Papers of Marine Coatings Market spread across 139 Pages, Profiling 10 Companies and Supported with 125 Tables and 28 Figures is now available at www.rnrmarketresearch.com/contacts…mple?rname=238759 .
The marine coatings market was valued at USD 4.30 Billion in 2016 and is projected to reach USD 5.29 Billion by 2022, at a CAGR of 3.50% during the forecast period from 2017 to 2022. The base year that has been considered for the study of the marine coatings market is 2016 while the forecast period is from 2017 to 2022.
Key Target Audience:
- Manufacturers of Marine Coatings
- Chemical Suppliers
- Raw Material Suppliers
- Manufacturers of Coatings
- Government and Research Organizations
- Traders, Distributors, and Suppliers of Marine Coatings
- Industry Associations
- Research and Consulting Firms
Epoxy marine coatings market are widely used in shipbuilding industry due to their anti-corrosion properties.
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These coatings prevent corrosion in those parts of ships that are continuously exposed to seawater and ultraviolet (UV) rays. This results in an increased demand for epoxy marine coatings from the shipping industry, thereby leading to the growth of epoxy segment of marine coatings market.
More Information on Marine Coatings Market with Forecast and Company Profiles at www.rnrmarketresearch.com/contacts/238759 .
Marine coatings market has been studied in North America, Europe, Asia Pacific, South America, & Middle East & Africa. Asia Pacific region expected to lead marine coatings market during forecast period,owing to increased consumption of marine coatings in emerging economies like China, India, & South Korea.
1 Attractive Opportunities in Marine Coatings Market
2 APAC Marine Coatings Market, By Resin and Country
3 Marine Coatings Market, By Application
4 Marine Coatings Market, By Product Type
2 Market Ranking
3 Competitive Scenario
4 New Product Launches
6 Mergers & Acquisitions
Asia Pacific marine coatings market is also projected to grow at highest CAGR between 2017 and 2022, in terms of value. Demand for oil & gas is increasing in tandem with ongoing urbanization and industrialization in region.
This, in turn, has fueled the demand for large cargo vessels from region, thereby increasing the demand for marine coatings in the Asia Pacific region.
“Marine Coatings Market by Resin (Epoxy, Alkyd, Polyurethane, Acrylic, Polyester, and Fluoropolymer), Product Type (Anti-corrosion Coating, Antifouling Coating), Applications (Cargo Ship, Passenger Ship, Boat), and Region - Global Forecast to 2022” report at www.rnrmarketresearch.com/contacts/?rname=238759 .
A detailed analysis of the key players operating in the marine coatings market has been conducted to provide insights into their businesses, products & services offered by them, key growth strategiesadopted by them, and recent developments such as expansions, new product launches, acquisitions, and partnerships undertaken by them.
Reasons to Access the Report:
- Gain insights regarding competitors and their positions in the marine coatings market
- Have an improved understanding of the marine coatings market
- Provide information on drivers, challenges, and opportunities influencing the growth of the marine coatings market
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