Marine Coatings for Leisure Boats Market
Marine Coatings for Leisure Boats Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Marine Coatings for Leisure Boats Market Size and Growth
The global market for Marine Coatings for Leisure Boats is projected to reach $1.5 billion by 2025, driven by increasing demand for protective and aesthetic coatings for leisure boats. Key factors influencing market growth include rising disposable incomes and growing popularity of recreational boating activities. Major players include AkzoNobel, PPG Industries, and Sherwin-Williams.
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Companies Covered (Covid 19 Impact Covered)
◍ AkzoNobel NV
◍ Hempel A/S
◍ Kansai Paint
◍ Nippon Paint
◍ KCC Corporation
◍ PPG Industries
◍ DuPont
◍ Jotun A/S
◍ BASF
◍ RPM International
◍ Chugoku Marine Paints Ltd.
◍ Baril Coatings
◍ MCU Coatings International
◍ Renner Coatings
The global Marine Coatings for Leisure Boats Market is highly competitive with key players such as AkzoNobel NV, Hempel A/S, PPG Industries, and Jotun A/S dominating the market. These companies offer a wide range of marine coatings for leisure boats to protect against corrosion, wear, and tear, helping to grow the market.
- AkzoNobel NV reported sales revenue of $9.12 billion in 2020.
- Hempel A/S reported sales revenue of $1.65 billion in 2020.
- PPG Industries reported sales revenue of $13.75 billion in 2020.
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Market Segmentation
By Application
◍ Vessels
◍ Tankers
◍ Yachts
◍ Others
By Product
◍ Anti-Fouling Coatings
◍ Anti-Corrosion Coatings
◍ Foul Release Coatings
◍ Others
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$ X Billion USD
Market Growth
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