Marine Coatings Market Size to Grow by USD 4.25 Bn from 2020 to 2025 | Growth of Shipbuilding Industry to Boost Market Growth | 17,000+ Technavio Research Reports

PR Newswire
Wednesday, October 27, 2021 at 12:45pm UTC

Marine Coatings Market Size to Grow by USD 4.25 Bn from 2020 to 2025 | Growth of Shipbuilding Industry to Boost Market Growth | 17,000+ Technavio Research Reports

PR Newswire

NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The "Marine Coatings Market by Type (Anti-corrosive, Anti-fouling, and Others), Market Landscape (Epoxy, Polyurethane, and Others), Application (Coastal, Deepsea, Containers, Offshore house, and Others), and Geography (APAC, Europe, North America, MEA, and South America) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the marine coatings market between 2020 and 2025 is USD 4.25  bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market Drivers
  • Market Challenges

The growth of the shipbuilding industry and increase in marine trading and logistics activities are some of the key market drivers. However, factors such as fluctuating raw material prices will challenge market growth.

To learn about additional key drivers, trends, and challenges available with TechnavioRead our FREE Sample Report right now!

The marine coatings market report is segmented by type (anti-corrosive, anti-fouling, and others), market landscape (epoxy, polyurethane, and others), application (coastal, deepsea, containers, offshore house, and others), and geography (APAC, Europe, North America, MEA, and South America).  APAC will be the leading region with 81% of the market's growth during the forecast period. China, South Korea (Republic of Korea), and Japan are the key markets for marine coatings in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities in the market.

Some Companies Mentioned

    • Akzo Nobel NV
    • BASF SE
    • Baril Coatings USA
    • Chugoku Marine Paints Ltd.
    • Endura Coatings
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:

  • Polyurethane Coatings Market: The polyurethane coatings market has been segmented by end-user (wood and furniture, automotive, transportation, electrical and electronics, and others) and geography (APAC, Europe, North America, South America, and MEA). Download Free Sample
  • Industrial Coatings Market: The industrial coatings market has been segmented by application (general industrial, automotive OEMs, automotive refinishes, and others), technology (waterborne, solvent-borne, powdered coatings, and UV-cured), and geography (APAC, Europe, North America, MEA, and South America). Download Free Sample

Marine Coatings Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.73%

Market growth 2021-2025

USD 4.25 billion

Market structure

Fragmented

YoY growth (%)

4.50

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 81%

Key consumer countries

China, South Korea (Republic of Korea), Japan, US, and Belgium

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akzo Nobel NV, BASF SE, Baril Coatings USA, Chugoku Marine Paints Ltd., Endura Coatings, Hempel AS, Nippon Paint Holdings Co. Ltd., Orkla ASA, PPG Industries Inc., and The Sherwin-Williams Co.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

  • Executive Summary
  • Market Landscape
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation 
  • Customer landscape
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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