Nov 28, 2017   SOURCE: BusinessWire

Global Marine Coatings Market 2017-2021 - Key Vendors Are Akzo Nobel, Chugoku Marine Paints, Hempel, Jotul & PPG Industries - Research and Markets

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

The global marine coatings market to grow at a CAGR of 7.46% during the period 2017-2021.

Global Marine 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.

On the basis of end-use, the coatings are segmented into three major categories: architectural and decorative coatings, industrial coatings, and special purpose coatings. Within these categories, there is a wide variety not only in terms of the properties that the coatings themselves possess but also in terms of the purposes they serve, the technologies used to manufacture them, and the methods used to apply them.

According to the report, one of the major drivers for this market is growth of shipbuilding industry. The shipbuilding industry is a major consumer of the global marine coatings market. The growth of shipbuilding industry was very low till 2010. After 2010, it has shown rapid growth mainly because of the growth in increasing global foreign direct investment (FDI) flows, seaborne trade, and expanding multinational companies' businesses. New ship manufacturing and an increase in the repair and maintenance of old ships are the major growth drivers for the global marine coatings market.

Key Market Trends

  • Shift toward green marine coatings
  • Increasing use of antioxidants in marine coatings
  • Emergence of bio-based technology for marine coatings
  • Regulations on emission levels

Key vendors

  • Akzo Nobel
  • Chugoku Marine Paints
  • Hempel
  • Jotul
  • PPG Industries

Other prominent vendors

  • BASF
  • KANSAI PAINT
  • KCC CORPORATION
  • NIPPON PAINT MARINE COATING
  • RPM International
  • The Sherwin-Williams Company

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 Type

Part 07: Market Segmentation By Chemistry

Part 08: Market Segmentation By Application

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Key Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/39lz2b/global_marine