Global Antifouling Coatings Market 2017-2021 with Akzo Nobel, Hempel, Jotun, PPG industries & Sherwin-Williams Dominating - Research and Markets

The "Global Antifouling Coatings Market 2017-2021" report has been added to Research and Markets' offering.

The global antifouling coatings market to grow at a CAGR of 13.11% during the period 2017-2021.

Global Antifouling Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

According to the report, one of the major drivers for this market is Growth in ship building industry. The ship building industry is a major end user for the global antifouling coatings market. The growth rate of this industry was very slow until 2010. Since then, it has shown accelerated growth mainly due to growth in seaborne trade, increasing global Foreign Direct Investment (FDI) flows, and expanding multinational company's businesses. Manufacturing new ships and an increase in repair and maintenance of old ships are major growth drivers for the global antifouling coatings market.

The latest trend gaining momentum in the market is Use of eco-friendly components. Antifouling coatings contain chemicals that cause harm to the marine flora and fauna. Strict regulations against the use of harmful chemicals have been implemented to safeguard the marine environment. Research and experiments are being undertaken to find alternatives to these harmful chemicals and replace them with eco-friendly ones. It is possible that in the coming years, antifouling coatings with no biocide may enter the market. This can be a step ahead toward sustainability.

Key vendors

  • Akzo Nobel
  • Hempel
  • Jotun
  • PPG industries
  • Sherwin-Williams Company

Other prominent vendors

  • BASF
  • Boero
  • Chugoku Marine Paints
  • DuPont
  • Kansai Paints
  • Nippon Paint Holdings
  • Sea Hawk Paints
  • San Cera Coat Industries
  • Altex Coatings
  • The Witham Group
  • PYI

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/zw88nz/global