Marine coatings are a category of commercially available paints which are applied onto the outer most layer of a boat. These antifouling coatings help slow the growth and facilitate detachment of subaquatic organisms that attach to the rim of the boat and affect the performance and durability of a vessel. There are many factors determining the smooth sail of marine vehicles on water. One amongst these is the corrosion tendency of the exterior layer of the fleet in the presence of corroding environment such as contaminated water.

In order to meet the need of superior quality exterior coatings for a ship which can not only endure the damage caused by increasingly toxic water layers but also serve as a good decorative agent, marine coatings are used in the form of an anti-corrosion coating. As with the need of a good coating, we can see that certain metal free antifouling coatings are better at doing a better job as marine coatings as they do not contain heavy metals and biocides which may lead to complexities during the sailing of the ship. Slime films on metal free anti foul release coatings consist largely of about 8-10 types of diatoms.  These microscopic unicellular organisms form foul-release technology which helps enable the vessels to adhere to foul release surfaces even at speeds in excess of 50 knots. The tendency of marine coatings to combat corrosion in the increasingly difficult waters of today is leading to a great demand for marine coatings market.

Marine Coatings Market

According to the analyst at IndustryARC, the Global Marine Coatings Market value stood at $5,463 million as of 2018. The market is projected to grow with a CAGR of 3% during the forecast period of 2019 to 2025, and the chief region where the marketplace displayed a great demand as of 2018 was APAC, encompassing 36% of the global demand. The chief application segment is Epoxy Coatings business with an application CAGR of 4.56% during the forecast period of 2019-2025. The report is titled “Marine Coatings Market: By Type (Anti-corrosion, Anti-fouling, Chemical Resistant, Others) By Type of Resins ( Epoxy, Polyurethane, Others) By Technology (Water &Solventborne) Application (Containers, Cargo Ships, Tankers, Others) & Geography – Forecast (2019 – 2025).”

 

Competitive Landscape:

Some of the companies which are already established in the market are Jotun, AkzoNobel, PPG Industries, Hempel, Chugoku Marine Paints Ltd., and Nippon Paint Marine Coatings Co. Ltd., Kansai Paint, Chugoku Marine Paints, BASF Coatings, Vermont Natural Coatings Inc,  Hempel is a brand which is creating trends by supplying industry-leading coatings and expert technical service for new fleet builds and regular maintenance activities of ships. It offers great color choices as well. Chugoku Marine Paints Ltd is a company supporting global logistics including those of water transportation. CMP has been selected to supply a foul release coating “ Bio Clean “ for Venetian MOSE project.

Conclusion:

Marine coatings refer to an array of techniques and technologies available in the market space which help shield the vessels from the corrosive action of the tides and waves inside the body of water the ship is sailing it. The market for marine coatings is rising as the human impact on the environment has already reached its critical mark and sailing across continents now requires advanced equipment and technologies.

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 Related Reports:

Antifouling Paints and Coatings Market

https://industryarc.com/Report/16522/antifouling-paintscoatings-market.html

Conformal Coatings Market

https://industryarc.com/Report/15872/conformal-coatings-market.html

What can you expect from the report?

The technical ceramics market is prepared with the main agenda to cover the following 20 points:

  1. Market Size by Product Categories & Application            11. Demand Analysis (Revenue                                                                                          &  Volume)
  2. Market trends & Relevant Market Data                            12. Country level Analysis
  3. Manufacturer Landscape                                                   13. Competitor Analysis
  4. Distributor Landscape                                                       14. Market Shares Analysis
  5. Pricing Analysis                                                                 15. Value Chain Analysis
  6. Top 10 End user Analysis                                                  16. Supply Chain Analysis
  7. Product Benchmarking                                                      17. Strategic Analysis
  8. Product Developments                                                      18. Current & Future Market                                                                                             Landscape Analysis
  9. Mergers & Acquisition Analysis                                         19. Opportunity Analysis
  10. Patent Analysis                                                                  20. Revenue and Volume Analysis

 

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