Market Forecast to 2026: Global Yacht Coatings Market

Feb. 25, 2022 - PRLog -- According to AKI Research's recently published blog: "The Global Yacht Coatings Market is estimated to value USD 2,236.20 million in 2021. The market had a declined rate of 7.44% in 2020 from 2019 due to pandemic effects across the global market. However, the global yacht coatings market is poised to grow at a CAGR of 7.06% over the forecast period 2021-2026." - AKI Research

By region, in 2021, Europe accounted for the largest market share in the global yacht coatings market (i.e. about 30.12%) followed by North America and Asia-Pacific. Over the forecast period, the Asia-Pacific region will have the highest CAGR of 8.49% followed by Europe (7.01%) and North America (6.46%). It is forecast that Europe will remain to be the largest market in yacht coatings over the forecast period. However, the Asia-pacific region will have the highest incremental market size growth of about USD 310.40 million over the forecast period owing to the increasing demand from the countries like China, South Korea, India, Japan, Australia & New Zealand, etc.

Key players in the global yacht coatings market study include Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Sherwin-Williams Company, Chugoku Marine Paints Ltd., Hempel A/S, Nippon Paint, Alexseal Yacht Coatings, Epifanes NA Inc., BOERO BARTOLOMEO S.p.A., Engineered Marine Coatings, LLC, etc. among others.

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

The full Report study on Global Yacht Coatings Market will include:

• Segments: Resin Type, Application, End-Use, and Geography

         Resin Type:  Epoxies, Polyurethanes, Ethyl Silicates, Others
Application: Fairing, Surfacing, Final Priming & Sealing, Finishing, Specialty applications, Topcoat Care & Maintenance, Hull, and others
End-Use: New Yachts, Refurbished Yachts, and MROs

• 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

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