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Antifouling Coatings Market (By Type - Copper-based, Self-polishing Copolymer, Hybrid. By Application - Shipping Vessels, Drilling Rigs & Production Platforms, Fishing Boats, Yachts & Other Boats, Inland Waterways Transport, Mooring Lines. By Geography – North America, South America, Europe, Asia Pacific, Middle East and Africa.) - Global industry analysis, size, share, growth, trends and forecast, 2021 – 2031. Post-Covid Analysis

Published Date : December 2021 | Report Id : CHM 161 | Format : PDF, PPT | Slides : 150
Report Type : Syndicate Report

The Antifouling Coatings Market was valued at $3.65 Billion in 2020. Growing at a high CAGR of more than 8.4% between 2021 and 2031, it is estimated to reach $8.14 Billion by 2031. The current pandemic of COVID-19 might make a slight difference in the growth rate. The e-commerce platforms are getting emerged, antifouling companies, as well as distributors, have been forced to deliver their goods via web portals. Hence, it will be estimated to make a lot of growth for the market over the forecast period of 2021-2031.

Antifouling Coatings Market Segment Is Estimated to Witness Remarkable Growth

Antifouling Coatings Market

Source: SAI Research

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The Antifouling Coatings Market has been segmented based on type and application.  The growing popularity of condition-based monitoring over the breakdown maintenance that too in the shipping sector is obviously expected to play a crucial role when it comes to increasing the importance of the product. The superior properties include protection against corrosion, fouling, and external contamination, which are anticipated to higher growth. Hence, this market has a huge chance to grow over the forecasted period.

North America Is Holding The Market Share By Region

The Antifouling Coatings Market has been geographically segmented into Europe, Asia Pacific, Latin America, and the Middle East region. However, the largest share of the market is held in North America and Europe. The e-commerce platforms are getting emerged, antifouling companies, as well as distributors, have been forced to deliver their goods via web portals. The Asia-Pacific region is estimated to have a slow but promising growth over the projection period. Latin America and the Middle East are estimated to witness steady growth during the period owing to the rise of this market. Hence, these will fuel growth during 2021-2031.

Major Players In Antifouling Coatings Market

Key players profiled in the report include AkzoNobel N.V, The Sherwin-Williams Company, Nippon Paint Marine Coatings Co. Ltd, Jotun, Hempel A/S, and Chugoku Marine Paints Ltd, and others.

Scope of the Report:

Report Coverage

Details

Base Year:

2020

Market Size in 2020:

US$ 3.65 Billion

Historical Data for:

2018 to 2020

Forecast Period:

2021 to 2031

Forecast Period 2021 to 2031 CAGR:

8.4%

2031 Value Projection:

US$ 8.14 Billion

Segments covered:

By Type - Copper-based, Self-polishing Copolymer, Hybrid.

By Application - Shipping Vessels, Drilling Rigs & Production Platforms, Fishing Boats, Yachts & Other Boats, Inland Waterways Transport, Mooring Lines.

Geographies covered:

North America: U.S., Canada, Mexico

Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Africa: South Africa, North Africa, and Africa

Middle East: GCC, Israel, and Rest of Middle East

Latin America: Brazil, Argentina, Rest of Latin America

Companies covered:

AkzoNobel N.V, The Sherwin-Williams Company, Nippon Paint Marine Coatings Co. Ltd, Jotun, Hempel A/S, and Chugoku Marine Paints Ltd, and others.

Global Antifouling Coatings Market Has Been Segmented Into:

Global Antifouling Coatings Market, By Type

  • Overview
  • Copper-based
  • Self-polishing Copolymer
  • Hybrid
  • Others

Global Antifouling Coatings Market, By Application

  • Overview
  • Shipping Vessels
  • Drilling Rigs & Production Platforms
  • Fishing Boats
  • Yachts & Other Boats
  • Inland Waterways Transport
  • Mooring Lines

Global Antifouling Coatings Market: By Region

  • North America
    • USA
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America, Middle East & Africa
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA
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