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Global Hull Coatings Market Outlook to 2026 Featuring Hempel A/S, Jotun, BASF SE, Akzo Nobel N.V., PPG Industries - ResearchAndMarkets.com

·4 min read

DUBLIN, October 27, 2021--(BUSINESS WIRE)--The "Global Hull Coatings Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.

The market is likely to grow at a CAGR of around 5%

The increase in oil and gas activities across the globe is driving the hull coatings market since it will be used in the ships to transport these materials. Also, the government's stringent norms may serve as an opportunity for the market since the concerned sectors have to follow environmentally safe and friendly practices.

On the other hand, these environmental norms may also hinder the growth of the market due to the presence of VOCs. Covid-19 has disrupted the entire global supply chain, which has impeded the hull coatings market's growth rate. But this is expected to be a temporary effect, and soon the trade is anticipated to get back to normal. Based on the product type, the Self-Polishing coatings (SPCs) segment will dominate the market since it is used extensively in marine ship coating.

Globally, the Asia-Pacific region is dominating the hull coatings market, followed by North America and Europe. The APAC region has a large customer base (China and India) and a flourishing manufacturing sector. Asia-Pacific dominates the ship manufacturing sector ranging from boats, vessels, cargo ships, container ships, etc, which drives the hull coatings market.

The global Hull Coatings market is consolidated. The major players in the global Hull Coatings market are Hempel A/S, Jotun, BASF SE, Akzo Nobel N.V., PPG Industries, Inc., among others.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

2.1 Aim & Objective of the study

2.2 Market Definition

2.3 Study Information

2.4 General Study Assumptions

2.5 Research Phases

3. Market Analysis

3.1 Introduction

3.2 Market Dynamics

3.3 Market Trends & Developments

3.4 Market Opportunities

3.5 Feedstock Analysis

3.6 Regulatory Policies

3.7 Analysis of Covid-19 Impact

4. Industry Analysis

4.1 Supply Chain Analysis

4.2 Porter's Five Forces Analysis

5. Market Segmentation & Forecast

5.1 By Type

5.1.1 Fouling Release Coatings (FRC)

5.1.2 Self-polishing Coatings (SPCs)

5.1.3 Other Types

5.2 By Application

5.2.1 Rigs

5.2.2 Vessels

5.2.3 Other Applications

6. Regional Market Analysis

6.1 North America

6.1.1 United States of America

6.1.2 Canada

6.1.3 Mexico

6.2 Europe

6.2.1 UK

6.2.2 Germany

6.2.3 France

6.2.4 Italy

6.2.5 Spain

6.2.6 Russia

6.2.7 Rest of Europe

6.3 Asia-Pacific

6.3.1 China

6.3.2 South Korea

6.3.3 Japan

6.3.4 India

6.3.5 ASEAN countries

6.3.6 Rest of Asia-Pacific

6.4 South America

6.4.1 Brazil

6.4.2 Argentina

6.4.3 Rest of South America

6.5 Middle East & Africa

6.5.1 Saudi Arabia

6.5.2 South Africa

6.5.3 Rest of Middle East & Africa

7. Key Company Profiles

7.1 Akzo Nobel N.V.

7.2 Axalta Coatings Systems

7.3 Baril Coatings

7.4 BASF SE

7.5 Chugoku Marine Paints, Ltd.

7.6 Dow

7.7 Hempel A/S

7.8 Jotun

7.9 Kansai Paint Co. Ltd.

7.10 KCC Corporation

7.11 MCU Coatings International

7.12 Nippon

7.13 NIPSEA Group

7.14 PPG Industries, Inc.

7.15 The Sherwin-Williams Company

7.16 Valspar

8. Competitive Landscape

8.1 List of Notable Players in the Market

8.2 M&A, JV, and Agreements

8.3 Market Share Analysis

8.4 Strategies of Key Players

9. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/aq0hlc

View source version on businesswire.com: https://www.businesswire.com/news/home/20211027005545/en/

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