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Anti-fouling paint - a category of commercially available underwater hull paints (also known as bottom paints) - is a specialized category of coatings applied as the outer (outboard) layer to the hull of a ship or boat, to slow the growth and/or facilitate detachment of subaquatic organisms that attach to the hull and can affect a vessel's performance and durability (see also biofouling). Anti-fouling paints are often applied as one component of multi-layer coating systems which may have other functions in addition to their antifouling properties, such as acting as a barrier against corrosion on metal hulls that will degrade and weaken the metal, or improving the flow of water past the hull of a fishing vessel or high-performance racing yachts.
According to our (Global Info Research) latest study, the global Antifouling Paints & Coating market size was valued at USD 1062.9 million in 2022 and is forecast to a readjusted size of USD 1229.8 million by 2029 with a CAGR of 2.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The leading producers in the sector are PPG Industries, Akzo Nobel and Sherwin-Williams, which accounted for 12.87 percent, 9.57 percent and 8.12 percent of revenue, respectively.
This report is a detailed and comprehensive analysis for global Antifouling Paints & Coating market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Global Antifouling Paints & Coating market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Antifouling Paints & Coating market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Antifouling Paints & Coating market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Antifouling Paints & Coating market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Antifouling Paints & Coating
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Antifouling Paints & Coating market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include The Sherwin-Williams Company, BASF S.E, Boero Yachtcoatings, PPG Industries Inc., Nippon Paint Marine Coatings Co. and Chugoku Marine Paints Ltd, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Antifouling Paints & Coating market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Self-polishing Copolymer
- Copper-based Antifouling paints & coatings
Market segment by Application
- Shipping Vessels
- Fishing Boats
- Drilling Rigs & Production platforms
Major players covered
- The Sherwin-Williams Company
- BASF S.E, Boero Yachtcoatings
- PPG Industries Inc.
- Nippon Paint Marine Coatings Co.
- Chugoku Marine Paints Ltd
- Kop-Coat Marine Group
- Akzo Nobel N.V.
- Advance Marine Coatings AS
- Chugoku Marine Paints Ltd among others.
- Hempel A/S
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Antifouling Paints & Coating product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Antifouling Paints & Coating, with price, sales, revenue and global market share of Antifouling Paints & Coating from 2018 to 2023.
Chapter 3, the Antifouling Paints & Coating competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Antifouling Paints & Coating breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Antifouling Paints & Coating market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Antifouling Paints & Coating.
Chapter 14 and 15, to describe Antifouling Paints & Coating sales channel, distributors, customers, research findings and conclusion.