Marine Coatings Market
Marine Coatings Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Marine Coatings Market Size and Growth
The global marine coatings market is expected to reach $15.13 billion by 2027, with a CAGR of 6.5% during the forecast period. Factors driving growth include increasing demand for anti-corrosive coatings, growth in shipbuilding activities, and stringent environmental regulations. Top players in the market include AkzoNobel, PPG Industries, and Hempel.
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Companies Covered (Covid 19 Impact Covered)
◍ BASF
◍ Boero Bartolomeo
◍ Jotun
◍ RPM International
◍ Sherwin-Williams
◍ Nippon Paint Marin Coatings
◍ Kansai Paint Marine Coatings
◍ Wacker Chemie
◍ Axalta Coating Systems
◍ AkzoNobel
◍ PPG Industries
◍ Pettit Marine Paints
◍ Engineered Marine Coatings
◍ Hempel
◍ Chugoku Marine Paints
The Marine Coatings Market is highly competitive with key players like BASF, Jotun, RPM International, SherwinWilliams, AkzoNobel, PPG Industries dominating. These companies provide a range of marine coatings for shipbuilding, yachts, and offshore structures. Sales revenue figures: AkzoNobel - $9.6 billion, PPG Industries - $15.1 billion, Jotun - $1.617 billion.
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Market Segmentation
By Application
◍ Cargo Ship
◍ Passenger Ship
◍ Boat
◍ Other
By Product
◍ Anti-corrosion Coating
◍ Antifouling Coating
◍ Others
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$ X Billion USD
Market Growth
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