Global Antifouling Coatings Market Forecast 2020-2027
The Global Antifouling Coatings market is anticipated to reach USD 3.07 billion by 2027, according to a new report by Reports and Data. Antifouling Coatings Market is used to enhance the stability and resilience of marine vessel underwater surfaces such as cargoes, passenger ships, drilling rigs, and yachts. Given the growing demand for merchant fleets and navies, the global Antifouling Coatings industry is expected to witness growth. New innovations in ship-based logistics services for these coatings are expected in emerging economies to fuel demand growth for these. Rising need for embedded compact systems as a requirement for offshore Deepwater reserves coupled with growing value for Floating Output Storage Offloading in the upstream oil & gas sector is expected to result in increased antifouling paints demand.
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
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The report covers the market dynamics analysis, company profiles, production and manufacturing capacity, product specifications, product value, and key players. The report also offers an insight into the growth prospects during the forecast period. The Antifouling Coatings Market report also offers detailed data on the key market players to impart a deeper understanding of the competitive landscape. The report focuses on the key market elements to ensure the readers gain a competitive advantage and maximum benefit of the market data to assist them in achieving substantial growth and an advantageous position in the global market.
The major companies profiled in the report are:
AkzoNobel N.V, PPG Industries, Jotun, Kansai Paint Group, Sherwin Williams, Nippon Paint Marine Coatings, Hempel, BASF, Chugoku Marine Paints, and Boero Yacht Coatings, among others.
On the basis of the product type, the market is segmented into:
On the basis of the application, the market is segmented into:
Drilling Rigs & Production Platforms
Yachts & Other Boats
Inland Waterways Transport
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The report further provides an extensive analysis of the key geographical regions where the market is spread and offers a comprehensive overview of the market size, market share, revenue generation, production and consumption patterns, supply and demand ratio, and import/export ratio, among others.
Based on the regions, the report covers the following regions:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Coverage of the Report:
- An in-depth analysis of the historical years and the forecast period has been offered in the report
- Antifouling Coatings Market dynamics, including key drivers, challenges, restraints, threats, and growth opportunities have been analyzed in reports
- SWOT analysis and Porter’s Five Forces analysis with feasibility analysis and investment return analysis
- Competitive landscape benchmarking along with a comprehensive overview of their company profiles, product portfolios, strategic business decisions, and financial standings
- The report covers mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, and partnerships among few
- Pictorial representation of the key statistical data into graphs, tables, charts, diagrams, and figures
- An in-depth analysis of the current and emerging market trends and developmental patterns
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