Dallas, Texas (PRWEB) March 17, 2014
The increase in consumer preference for eco-friendly products is an important trend being witnessed in the Global Marine Coatings market. The increase in environmental regulations and restrictions along with the changing consumer preference for sustainable products is urging the marine coatings manufacturers to develop eco-friendly products. The makers of marine coatings, which include anti-corrosive, anti-fouling, and foul release products, are developing new and eco-friendly coatings to comply with the regulations and to meet the increasing demand for sustainable products that do not harm the marine ecosystem. This in turn is expected to propel the growth of the market during the forecast period.
Analysts forecast the Global Marine Coatings market to grow at a CAGR of 11.29 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the rapid growth in the Oil and Gas industry. This in turn will boost the demand for protective and marine coatings.
Further, the report states that although marine coatings help in maintaining the efficiency and durability of vessels and marine facilities, one of the major challenges in the market is the stringent environmental regulations that are enforced to protect the marine life from the adverse effects of the chemicals used in marine coatings.
The report recognizes the following companies as the key players in Global Marine Coatings Market: Akzo Nobel NV, Chugoku Marine Paints Ltd., Jotun A/S, PPG Industries Inc., Admiralty Coatings Inc., Advanced Marine Coatings AS, BASF SE, Boero Bartolomeo S.p.A., Brunel Marine Coating Systems plc, Engineered Marine Coatings LLC., Hempel A/S, Kansai paint Co. Ltd., KCC Corp., Nippon Paint Marine Coatings Co. Ltd, and The Sherwin-Williams Co.
Other vendors mentioned in the report are Admiralty Coatings Inc., Advanced Marine Coatings AS, BASF SE, Boero Bartolomeo S.p.A., Brunel Marine Coating Systems plc, Engineered Marine Coatings LLC., Hempel A/S, Kansai paint Co. Ltd., KCC Corp., Nippon Paint Marine Coatings Co. Ltd, and The Sherwin-Williams Co.
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Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Product Type
07.1 Global Marine Coatings Market by Product Type
07.1.1 Anti-corrosive Coatings
07.1.2 Anti-fouling Coatings
07.1.3 Foul Release Coatings
08. Market Segmentation based on Chemistry
08.1 Epoxy based Marine Coatings
08.2 Polyurethane based Marine Coatings
08.3 Ethyl Silicates
08.4 Market Share by Chemistry 2013
09. Geographical Segmentation
09.1 Global Marine Coatings Market by Geographical Segmentation 2013
09.2 Marine Coatings Market in the APAC Region
09.2.2 Market Size and Forecast
09.3 Marine Coatings Market in the EMEA Region
09.3.2 Market Size and Forecast
09.4 Marine Coatings Market in the Americas
09.4.2 Market Size and Forecast
10. Key Leading Countries
10.2 South Korea
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Key News
18.1.2 Mergers and Acquisitions
18.2 Other Prominent Vendors
19. Key Vendor Analysis
19.1 Akzo Nobel NV
19.1.1 Business Overview
19.1.2 Business Segmentation
19.1.3 Key Information
19.1.4 SWOT Analysis
19.2 Chugoku Marine Paints Ltd.
19.2.1 Business Overview
19.2.2 Business Segmentation
19.2.3 Key Information
19.2.4 SWOT Analysis
19.3 Jotun A/S
19.3.1 Business Overview
19.3.2 Business Segmentation
19.3.3 Key Information
19.3.4 SWOT Analysis
19.4 PPG Industries Inc.
19.4.1 Business Overview
19.4.2 Business Segmentation
19.4.3 Key Information
19.4.4 SWOT Analysis
20. Other Reports in this Series
List of Exhibits
Explore other reports on Chemicals Market.
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