Global Leisure Anti Fouling Coatings Market
The Leisure Anti Fouling coating market forecast will surpass $2,099.6 million by 2027, increasing from $1,235 million in 2020, at a CAGR of 6.9%.
A type of specialized coating that is usually applied on ship or boat hulls to inhibit organism growth on the hull is called as Antifouling coating. It greatly affect its durability and performance due to the presence of organisms in this part of the vessel.
Market Drivers
Leisure Antifouling coating became a crucial critical business as a result of the necessity to import and fare products, which was sparked by globalisation particularly for the plan and development of maritime vessels.
To satisfy increased demand from Application, producers are focusing on microorganisms, plants, or green growth accumulate in its structure which is further called biofouling.
Moreover, as a growing number of countries throughout the world open their borders to global trade, demand for Leisure antifouling coating market products is expected to rise in the coming years.
Market Restraints
The environment-friendly nature of coatings market, as well as new-age antifouling coatings contain special chemicals such as biocides, organotin compounds, copper, are consider to be main reasons limiting the market's growth.
For instance, usage of chemicals containing tributyltin has been banned due to high level of toxicity.
However, Growing economies in developing nations, an increase in the number of coppers, has negative impacts on maritime flora and fauna, thus companies in this area are looking for ways to limit its use in Leisure antifouling coatings.
Market Segmentation
Leisure Anti fouling Coatings Market sis segmented into major 3 categories. Based on Type, the market is segmented into copper-based, Self-Polishing Copolymer, Hybrid, Others. Based on Applications, the market is segmented into Towboats, Fishing Boats, Sailboats, Cabin Cruisers, Pontoon Boats, Yachts. Based on country, the market is segmented into UK, Japan, France, USA, Germany, Italy.
Regional Analysis
The Europe marine coatings market report provides an impartial and full analysis of the on-going European marine coatings market trends, high growth areas. Overall Europe Marine Coatings Market share, United Kingdom has accounted major share in 2018 and is anticipated to lead during the forecast period. Also, Spain and Belgium are likely to be the main revenue-generating countries over the coming years.
Market Key Players
Some of the key players operating in Global Leisure Anti Fouling Coatings Market are Akzo Nobel N.V., BASF S.E., Nippon Paint Marine Coatings Co. Ltd., PPG Industries Inc, The Sherwin-Williams Company, Jotun, Hempel A/S, Chugoku Marine Paints Ltd., Boero Yacht coatings, Kop-Coat Marine Group (Pettit Marine Paint).
Industry development
In December 2020, AkzoNobel N.V. is expanding its foothold in the North American yacht coatings market by acquiring New Nautical Coatings, the owner of the premium Sea Hawk brand.
In June 2020, BASF's new virtual AUVOTs show automotive coatings in a digital environment. One of the most complicated colour themes is automotive paint. BASF's Coatings division designers created virtual "AUVOT" (Automotive Vehicles of Trends) shapes to gain a realistic impression of colours, effects, and surfaces on a complete car during the early design phase.
In February 2020, Boero Yachtcoatings announces their technical partnership with the prestigious Yacht Club Italiano. A partnership which will offer support and visibility to various events such as regattas, cultural events and educational activities for everybody who is passionate about the sea and sailing.
Global Leisure Anti Fouling Coatings Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Leisure Anti Fouling Coatings Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Leisure Anti Fouling Coatings Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Leisure Anti Fouling Coatings Market Share Analysis, By Type
5.3 Global Leisure Anti Fouling Coatings Market Size and Forecast, By Type
5.3.1 Copper-based
5.3.2 Self-Polishing Copolymer
5.3.3 Hybrid
5.3.4 Others
6 Global Leisure Anti Fouling Coatings Market, By Applications
6.1 Y-o-Y Growth Comparison, By Applications
6.2 Global Leisure Anti Fouling Coatings Market Share Analysis, By Applications
6.3 Global Leisure Anti Fouling Coatings Market Size and Forecast, By Applications
6.3.1 Towboats
6.3.2 Fishing Boats l
6.3.3 Sailboats
6.3.4 Cabin Cruisers
6.3.5 Pontoon Boats
6.3.6 Yachts
7 Global Leisure Anti Fouling Coatings Market, By Region
7.1 Global Leisure Anti Fouling Coatings Market Share Analysis, By Region
7.2 Global Leisure Anti Fouling Coatings Market Share Analysis, By Region
7.3 Global Leisure Anti Fouling Coatings Market Size and Forecast, By Region
8 North America Global Leisure Anti Fouling Coatings Market Analysis and Forecast (2021 – 2027)
8.1 Introduction
8.2 North America Global Leisure Anti Fouling Coatings Market Share Analysis, By Type
8.3 North America Global Leisure Anti Fouling Coatings Market Size and Forecast, By Applications
8.4 North America Global Leisure Anti Fouling Coatings Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Leisure Anti Fouling Coatings Market Analysis and Forecast (2021 – 2027)
9.1 Introduction
9.2 Europe Global Leisure Anti Fouling Coatings Market Share Analysis, By Type
9.3 Europe Global Leisure Anti Fouling Coatings Market Size and Forecast, By Applications
9.4 Europe Global Leisure Anti Fouling Coatings Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Leisure Anti Fouling Coatings Market Analysis and Forecast (2021 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Leisure Anti Fouling Coatings Market Share Analysis, By Type
10.3 Asia Pacific Global Leisure Anti Fouling Coatings Market Size and Forecast, By Applications
10.4 Asia Pacific Global Leisure Anti Fouling Coatings Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Leisure Anti Fouling Coatings Market Analysis and Forecast (2021 – 2027)
11.1 Introduction
11.2 Latin America Global Leisure Anti Fouling Coatings Market Share Analysis, By Type
11.3 Latin America Global Leisure Anti Fouling Coatings Market Size and Forecast, By Applications
11.4 Latin America Global Leisure Anti Fouling Coatings Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Leisure Anti Fouling Coatings Market Analysis and Forecast (2021 – 2027)
12.1 Introduction
12.2 Middle East Global Leisure Anti Fouling Coatings Market Share Analysis, By Type
12.3 Middle East Global Leisure Anti Fouling Coatings Market Size and Forecast, By Applications
12.4 Middle East Global Leisure Anti Fouling Coatings Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Akzo Nobel N.V.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 BASF S.E.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Nippon Paint Marine Coatings Co. Ltd.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 PPG Industries Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 The Sherwin-Williams Company
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Jotun
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Hempel A/S
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Chugoku Marine Paints Ltd.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Boero Yachtcoatings
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Kop-Coat Marine Group (Pettit Marine Paint)
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
