Market Forecast to 2026: Global Hull Coatings Market

 
Feb. 25, 2022 - PRLog -- According to AKI Research's recently published blog: "The Global Hull Coatings Market is estimated to value USD 3,493.49 million in 2021. The market had a declined rate of 7.82% in 2020 from 2019 due to pandemic effects across the global market. However, the global hull coatings market is poised to grow at a CAGR of 5.63% over the forecast period 2021-2026." - AKI Research

By region, in 2021, Asia-Pacific accounted for the largest market share in the global hull coatings market (i.e. about 33.25%) followed by Europe and North America. Over the forecast period, the Asia-Pacific region will have the highest CAGR of 6.99% followed by Europe (5.47%) and North America (4.87%). It is forecast that Asia-Pacific will remain to be the largest market in hull coatings over the forecast period. It is due to the increasing demand from the countries like China, South Korea, India, Japan, Australia & New Zealand, etc., and the region will have an incremental market size growth of about USD 466.70 million.

Key players in the global hull coatings market study include AkzoNobel N.V., PPG Industries Inc., Jotun, Hempel, Chugoku Marine Paints, Ltd, Boero Bartolomeo SpA, Axalta Coating Systems, Sherwin-Williams Company, NIPSEA GROUP, Baril Coatings, Kansai Paint Co. Ltd., KCC Corporation, MCU-Coatings International, etc. among others.

Check more details on this market: https://www.akiresearch.com/post/hull-coatings-yacht-coat...

The full Report study on Global Hull Coatings Market will include:
  • Segments: Resin Type, Coating Type, Application, End-Use, and Geography
         Resin Type: Epoxy, Polyurethane, Alkyd, Others
Coating Type: Self-polishing Coatings, Fouling Release Coatings, and Other Types
Application: Vessel, Rigs, Others
End-Use: New, and Repair
  • Regions: Global. Includes 5 regions (North America, South America, Europe, Asia-Pacific, Middle-East & Africa)
  • Country: 15 Major Countries + Rest of Countries in Each Region
  • Base Year: 2020, Forecast: 2021-26 (Y-o-Y)
  • Historical Years: 2016-2019
  • Market Share for 2020, 2021(est.) & recent developments
  • Company Profiles: 12+ Major Companies
  • Porter's Five Forces Analysis
PreBook your full hull coatings market report at hello@akiresearch.com with your customized requirements and the latest market updates.

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