Marine Anti-Fouling Coating Market Report: Trends, Forecast and Competitive Analysis to 2030

Marine Anti-Fouling Coating Trends and Forecast

The future of the global marine anti-fouling coating 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.

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Marine Anti-Fouling Coating by Segment

The study includes a forecast for the global marine anti-fouling coating by type, application, and region.

Marine Anti-Fouling Coating Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Controlled Depletion Polymer
• Self-Polishing Copolymer
• Foul Release
• Copper-Based

Marine Anti-Fouling Coating Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Hull Coatings
• Tank Coatings
• Propellers
• Drive Shafts
• Trim Tabs
• Stabilizers
• Raw Water Intakes
• Seacocks
• Bow Thrusters
• Others

Marine Anti-Fouling Coating Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Marine Anti-Fouling Coating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies marine anti-fouling coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the marine anti-fouling coating companies profiled in this report include-

• Akzonobel
• Jotun
• Hempel
• PPG
• Sherwin-Williams
• Nippon Paint
• Chugoku Marine Paints
• Kansai Paint
• BASF
• Covestro

Marine Anti-Fouling Coating Market Insights

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.

Features of the Global Marine Anti-Fouling Coating Market

Market Size Estimates: Marine anti-fouling coating market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Marine anti-fouling coating market size by type, application, and region in terms of value ($M).

Regional Analysis: Marine anti-fouling coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the marine anti-fouling coating market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the marine anti-fouling coating market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the marine anti-fouling coating market size?

Answer: The global marine anti-fouling coating market is expected to reach an estimated $196.2 million by 2030.

Q.2 What is the growth forecast for marine anti-fouling coating market?

Answer: The global marine anti-fouling coating market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the marine anti-fouling coating market?

Answer: 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.

Q4. What are the major segments for marine anti-fouling coating market?

Answer: The future of the marine anti-fouling coating 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.

Q5. Who are the key marine anti-fouling coating market companies?

Answer: Some of the key marine anti-fouling coating companies are as follows:

• Akzonobel
• Jotun
• Hempel
• PPG
• Sherwin-Williams
• Nippon Paint
• Chugoku Marine Paints
• Kansai Paint
• BASF
• Covestro

Q6. Which marine anti-fouling coating market segment will be the largest in future?

Answer: Lucintel forecasts that copper-based is expected to witness highest growth over the forecast period.

Q7. In marine anti-fouling coating market, which region is expected to be the largest in next 5 years?

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

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the marine anti-fouling coating market 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)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?