Global Marine Coatings Market Growth 2023-2029

Global Marine Coatings Market Growth 2023-2029

Marine coatings are generally used in various parts of ships and Marine engineering structures to prevent corrosion of sea water, atmosphere, Marine life and other special requirements.

LPI (LP Information)' newest research report, the “Marine Coatings Industry Forecast” looks at past sales and reviews total world Marine Coatings sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Coatings sales for 2023 through 2029. With Marine Coatings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Coatings industry.

This Insight Report provides a comprehensive analysis of the global Marine Coatings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Coatings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Coatings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Coatings.

The global Marine Coatings market size is projected to grow from US$ 2672.5 million in 2022 to US$ 3265.6 million in 2029; it is expected to grow at a CAGR of 3265.6 from 2023 to 2029.

The Asia Pacific region is expected to account for the largest share of the marine coatings market in 2016 and the marine coatings market in the region is also projected to grow at the highest CAGR between 2017 and 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Coatings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Anti-corrosion Coating
Antifouling Coating
Others

Segmentation by application
Cargo Ship
Passenger Ship
Boat
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Boero Bartolomeo
Jotun
RPM International
Sherwin-Williams
Nippon Paint Marin Coatings
Kansai Paint Marine Coatings
Wacker Chemie
Axalta Coating Systems
AkzoNobel
PPG Industries
Pettit Marine Paints
Engineered Marine Coatings
Hempel
Chugoku Marine Paints

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Coatings market?

What factors are driving Marine Coatings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Coatings market opportunities vary by end market size?

How does Marine Coatings break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.