Marine Coatings Market was valued at USD 5.92 Billion in 2023, and it is expected to reach USD 9.04 Billion by 2030, exhibiting a CAGR of 6.24% during the forecast period (2024-2030) Marine coating is used in marine vehicles. This coating increase the aesthetics, weather resilience, resistance to chemical solvents like water and oils, and impact resistance of the ships they are painted on, among other advantages. Marine coatings shield the surfaces against corrosion and fouling below the waterline as well as harm brought on by UV radiation above the waterline. Globally, the majority of marine coating companies have seen challenging market conditions in the marine sector, where the sluggish demand for new shipbuilding and rising competition have resulted in negative organic growth over the past few years. Significantly detrimental effects were seen in the marine new build markets in South Korea and China. According to Research, the marine coatings industry was still difficult in 2021 and has shrunk even more as a result of the weak market for new ships.To Know About The Research Methodology :- Request Free Sample Report
Marine Coatings Market Dynamics:
The MMR report covers all the trends and technologies playing a major role in the growth of the Marine Coatings market over the forecast period. It highlights the drivers, restraints, and opportunities expected to impact the market growth during 2024-2030. Development In the Shipbuilding Sector: The growth of the shipbuilding industry is one of the key factors driving the growth of the global marine coatings market. A significant consumer of the worldwide marine coatings market is the shipbuilding sector. Up until 2010, the shipbuilding sector's growth was incredibly slow. It has experienced tremendous growth since 2010, mostly as a result of rising seaborne trade, FDI flows, and the expansion of the operations of multinational corporations. The two key growth factors for the global marine coatings industry are an increase in the production of new ships and the repair and maintenance of old ships. Increased Use of Anti-Corrosion Coatings: Anti-corrosion marine coatings are becoming increasingly well-known in the industry since they aid in protecting the metal components of the vessel from oxidation, salt spray, and moisture. According to reports, the anti-corrosion market segment accounts for about 40% of total marine coatings sales. In order to efficiently fulfil the growing need and draw in a broader consumer base, industry participants are being encouraged by the expanding product demand to create more novel offers. For instance, Nippon Paint Marine unveiled a new antifouling technology in 2022 to raise the consistency and level of antifouling performance. The business claims that it also reduces the amount of time needed for application and increases film thickness. Demand For Offshore Vessels to drive Marine Coatings Market Over the past few years, there has been a significant increase in offshore oil and gas production, which has fuelled the demand for offshore vessels. These ships are crucial in the delivery of supplies, machinery, and tools, as well as in the logistical support of offshore constructions like oil rigs. The offshore vessels industry is anticipated to post a high CAGR through 2030 as a result of rising product demand. Marine Coatings Market Opportunities: Over the forecast period, growing shipbuilding operations are anticipated to open up new market opportunities. Due to the extreme weather conditions that ships and vessels must endure, there is a strong demand for repair and maintenance activities to keep the ships in operational shape. Additionally, the availability of inexpensive labour in China, India, and Vietnam is boosting the market growth for marine coatings during the projected period of time. In the near future, it is expected that developing economic conditions and advantageous trade policies would present possible business prospects. Additionally, it is anticipated that rising crude oil output brought on by expansion in the oil and gas sector will help the marine coatings market growth. Additionally, the rising need for fuel efficiency and the industrialization of developing regions are expected to facilitate the new markets of marine coatings.MMR provides an analysis of the key trends in each sub-segment of the global Marine Coatings market, along with forecasts at the global, regional and country level from 2023-2029. Our report has categorized the market based on Product, End User, and Applications. Leisure boats segment held the largest market share of 25.7% in 2023: Based on Application, Leisure boats dominated the global Marine Coatings market with a revenue share of more than 25.7% in 2023. The value of the marine coatings market is being supported by the growing boating and water sports industries as well as the introduction of numerous water clubs around the world. Over 25% of Americans, or roughly 84.5 million people, participated in boating activities in 2018, according to research by the U.S. Coast Guard. A large segment of the market for marine coatings is made up of deep-sea products. An increase in deep sea mining and drilling operations can be attributed to the world's heavy reliance on crude oil as well as the potential shortage of rare earth metals, which are essential to modern technology.
Marine Coatings Market Segment Analysis:
New Ship segment is expected to witness significant growth during the forecast period: By End user, new ship segment is projected to grow at the highest CAGR of 7.15% during forecast period. The maritime sector has seen increased investment and rising trade activity, which has bolstered the shipbuilding industry. To boost the amount of Indian cargo that is transhipped at harbours, India, for instance, plans to invest over USD 40 billion by 2030 in the building of new ports and the renovation of existing ports. In addition, a number of government agencies have developed programmes to encourage the trade of products by maritime transportation.
Marine Coatings Market Regional Insights
North America to Retain Lead through 2030: North America expected to witness significant growth during the forecast period. Thanks to the limited scale of the marine industry in the region, the marine coatings market in North America is growing slowly. In terms of market growth, but at a slower rate, the market for marine coatings in the Europe region is just above the North American market. APAC: With a high growth rate anticipated over the coming years, the APAC marine coatings industry will continue to dominate the worldwide marine market. The consumption of marine coatings has increased dramatically in the APAC region, with China leading the APEJ region and the world in terms of consumption. This is largely due to the growth of shipbuilding, maintenance, and dry-docking operations in the area. The marine coatings market in South Korea is far behind that in China. In terms of market share, the Japan marine coatings market is in third place. The market for marine coatings in the APEJ region is anticipated to grow as a result of an increase in ship owners in Singapore. During the projected period, the Indian market is also anticipated to become a formidable competitor in the marine coatings industry. The marine coatings industry is expected to grow at a solid single digit CAGR overall. Europe: The main factor enhancing the outlook of the European marine coatings market is the existence of renowned boat manufacturers as well as sizable freight and passenger ship fleets that provide logistics solutions for several organisations in the region. The region's import tonnage has climbed by 5% over the last five years, which has helped the local economy grow. For the books, the market had a sizable share of more than 10% in 2023.Key Market Competitors Have Taken Strategic Initiatives:
The strategic moves taken by the major market players have significantly accelerated the growth of the marine coatings market share. Large transport companies that require big freight and passenger ships for logistics are working with these commercial conglomerates. Such as, AkzoNobel N.V. completed the full acquisition of New Nautical Coatings in December 2022 as a tactical move to maintain a strong presence in the yacht coating industry in New York. Versaflex, a paint and coatings producer with a focus on flooring coatings and polyurethane coatings, was bought by PPG Pittsburgh PA in January 2022. This acquisition is anticipated to increase PPG's market penetration and market segment.Research Methodology:
The research methodology used to estimate and forecast the Marine Coatings market began with capturing data on key vendor revenues. The market size of individual segments was determined through various secondary sources including industry associations, white papers, and journals. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up approach was employed to arrive at the overall size of the market, by considering the Marine Coatings adoption rate and Marine Coatings pricing by key players, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as Vice Presidents (VPs), directors, and related executives in the market. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.Marine Coatings Market Scope: Inquire before buying
Marine Coatings Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 5.92 Bn. Forecast Period 2024 to 2030 CAGR: 6.24% Market Size in 2030: US $ 9.04 Bn. Segments Covered: by Product Anti-fouling coatings Anti-corrosion coatings Foul release coatings Others by Application Coastal Containers Deep sea Leisure boats Offshore vessels Others by End Users New Ships Repair Work by Resin Epoxy Alkyd Polyurethane Others (Acrylic, Polyester, and Fluoropolymer) Marine Coatings Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Marine Coatings Market, Key Players are:
1. PPG Industries, Inc. (US) 2. Axalta Coating Systems, LLC (US) 3. Cabot Corporation. (US) 4. Carboline Company (US) 5. General Coatings (US) 6. Progress Rail Services Corporation (US) 7. Mascoat (US) 8. The Sherwin-Williams Company (US) 9. Kop Coat (US) 10.RPM International, Inc. (US) 11.Delta T & Protective Products (Canada) 12.BASF SE (Germany) 13.Chemco International Ltd (UK) 14.Jotun (Norway) 15.Boero (Italy) 16.Hempel A/S (Denmark) 17.Akzo Nobel N.V. (Netherlands) 18.EXCEL India Protective Paints Pvt. Ltd (India) 19.Mathur Corr Tech Private Limited (India) 20.Chugoku Marine Paints, Ltd. (Japan) 21.Kansai Paint Co.,Ltd. (Japan) 22.Nippon Paint Holdings Co., Ltd. (Japan) 23.KCC Corporation (South Korea) 24.Sharpshell Engineering (South Africa) 25.Cresta Paints (Africa) Frequently Asked Questions: 1] What segments are covered in the Global Marine Coatings Market report? Ans. The segments covered in the Marine Coatings Market report are based on Product, Application, End Users and Resin. 2] Which region is expected to hold the highest share in the Global Marine Coatings Market? Ans. North America region is expected to hold the highest share in the Marine Coatings Market. 3] What is the market size of the Global Marine Coatings Market by 2030? Ans. The market size of the Marine Coatings Market by 2030 is expected to reach USD 9.04 Bn. 4] What is the forecast period for the Global Marine Coatings Market? Ans. The forecast period for the Marine Coatings Market is 2024-2030. 5] What was the market size of the Global Marine Coatings Market in 2023? Ans. The market size of the Marine Coatings Market in 2023 was valued at USD 9.04 Bn.
1. Marine Coatings Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Marine Coatings Market: Dynamics 2.1. Marine Coatings Market Trends by Region 2.1.1. North America Marine Coatings Market Trends 2.1.2. Europe Marine Coatings Market Trends 2.1.3. Asia Pacific Marine Coatings Market Trends 2.1.4. Middle East and Africa Marine Coatings Market Trends 2.1.5. South America Marine Coatings Market Trends 2.2. Marine Coatings Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Marine Coatings Market Drivers 2.2.1.2. North America Marine Coatings Market Restraints 2.2.1.3. North America Marine Coatings Market Opportunities 2.2.1.4. North America Marine Coatings Market Challenges 2.2.2. Europe 2.2.2.1. Europe Marine Coatings Market Drivers 2.2.2.2. Europe Marine Coatings Market Restraints 2.2.2.3. Europe Marine Coatings Market Opportunities 2.2.2.4. Europe Marine Coatings Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Marine Coatings Market Drivers 2.2.3.2. Asia Pacific Marine Coatings Market Restraints 2.2.3.3. Asia Pacific Marine Coatings Market Opportunities 2.2.3.4. Asia Pacific Marine Coatings Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Marine Coatings Market Drivers 2.2.4.2. Middle East and Africa Marine Coatings Market Restraints 2.2.4.3. Middle East and Africa Marine Coatings Market Opportunities 2.2.4.4. Middle East and Africa Marine Coatings Market Challenges 2.2.5. South America 2.2.5.1. South America Marine Coatings Market Drivers 2.2.5.2. South America Marine Coatings Market Restraints 2.2.5.3. South America Marine Coatings Market Opportunities 2.2.5.4. South America Marine Coatings Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Marine Coatings Industry 2.8. Analysis of Government Schemes and Initiatives For Marine Coatings Industry 2.9. Marine Coatings Market Trade Analysis 2.10. The Global Pandemic Impact on Marine Coatings Market 3. Marine Coatings Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Marine Coatings Market Size and Forecast, by Product (2023-2030) 3.1.1. Anti-fouling coatings 3.1.2. Anti-corrosion coatings 3.1.3. Foul release coatings 3.1.4. Others 3.2. Marine Coatings Market Size and Forecast, by Application (2023-2030) 3.2.1. Coastal 3.2.2. Containers 3.2.3. Deep sea 3.2.4. Leisure boats 3.2.5. Offshore vessels 3.2.6. Others 3.3. Marine Coatings Market Size and Forecast, by End Users (2023-2030) 3.3.1. New Ships 3.3.2. Repair Work 3.4. Marine Coatings Market Size and Forecast, by Resin (2023-2030) 3.4.1. Epoxy 3.4.2. Alkyd 3.4.3. Polyurethane 3.4.4. Others (Acrylic, Polyester, and Fluoropolymer) 3.5. Marine Coatings Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Marine Coatings Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Marine Coatings Market Size and Forecast, by Product (2023-2030) 4.1.1. Anti-fouling coatings 4.1.2. Anti-corrosion coatings 4.1.3. Foul release coatings 4.1.4. Others 4.2. North America Marine Coatings Market Size and Forecast, by Application (2023-2030) 4.2.1. Coastal 4.2.2. Containers 4.2.3. Deep sea 4.2.4. Leisure boats 4.2.5. Offshore vessels 4.2.6. Others 4.3. North America Marine Coatings Market Size and Forecast, by End Users (2023-2030) 4.3.1. New Ships 4.3.2. Repair Work 4.4. North America Marine Coatings Market Size and Forecast, by Resin (2023-2030) 4.4.1. Epoxy 4.4.2. Alkyd 4.4.3. Polyurethane 4.4.4. Others (Acrylic, Polyester, and Fluoropolymer) 4.5. North America Marine Coatings Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Marine Coatings Market Size and Forecast, by Product (2023-2030) 4.5.1.1.1. Anti-fouling coatings 4.5.1.1.2. Anti-corrosion coatings 4.5.1.1.3. Foul release coatings 4.5.1.1.4. Others 4.5.1.2. United States Marine Coatings Market Size and Forecast, by Application (2023-2030) 4.5.1.2.1. Coastal 4.5.1.2.2. Containers 4.5.1.2.3. Deep sea 4.5.1.2.4. Leisure boats 4.5.1.2.5. Offshore vessels 4.5.1.2.6. Others 4.5.1.3. United States Marine Coatings Market Size and Forecast, by End Users (2023-2030) 4.5.1.3.1. New Ships 4.5.1.3.2. Repair Work 4.5.1.4. United States Marine Coatings Market Size and Forecast, by Resin (2023-2030) 4.5.1.4.1. Epoxy 4.5.1.4.2. Alkyd 4.5.1.4.3. Polyurethane 4.5.1.4.4. Others (Acrylic, Polyester, and Fluoropolymer) 4.5.2. Canada 4.5.2.1. Canada Marine Coatings Market Size and Forecast, by Product (2023-2030) 4.5.2.1.1. Anti-fouling coatings 4.5.2.1.2. Anti-corrosion coatings 4.5.2.1.3. Foul release coatings 4.5.2.1.4. Others 4.5.2.2. Canada Marine Coatings Market Size and Forecast, by Application (2023-2030) 4.5.2.2.1. Coastal 4.5.2.2.2. Containers 4.5.2.2.3. Deep sea 4.5.2.2.4. Leisure boats 4.5.2.2.5. Offshore vessels 4.5.2.2.6. Others 4.5.2.3. Canada Marine Coatings Market Size and Forecast, by End Users (2023-2030) 4.5.2.3.1. New Ships 4.5.2.3.2. Repair Work 4.5.2.4. Canada Marine Coatings Market Size and Forecast, by Resin (2023-2030) 4.5.2.4.1. Epoxy 4.5.2.4.2. Alkyd 4.5.2.4.3. Polyurethane 4.5.2.4.4. Others (Acrylic, Polyester, and Fluoropolymer) 4.5.3. Mexico 4.5.3.1. Mexico Marine Coatings Market Size and Forecast, by Product (2023-2030) 4.5.3.1.1. Anti-fouling coatings 4.5.3.1.2. Anti-corrosion coatings 4.5.3.1.3. Foul release coatings 4.5.3.1.4. Others 4.5.3.2. Mexico Marine Coatings Market Size and Forecast, by Application (2023-2030) 4.5.3.2.1. Coastal 4.5.3.2.2. Containers 4.5.3.2.3. Deep sea 4.5.3.2.4. Leisure boats 4.5.3.2.5. Offshore vessels 4.5.3.2.6. Others 4.5.3.3. Mexico Marine Coatings Market Size and Forecast, by End Users (2023-2030) 4.5.3.3.1. New Ships 4.5.3.3.2. Repair Work 4.5.3.4. Mexico Marine Coatings Market Size and Forecast, by Resin (2023-2030) 4.5.3.4.1. Epoxy 4.5.3.4.2. Alkyd 4.5.3.4.3. Polyurethane 4.5.3.4.4. Others (Acrylic, Polyester, and Fluoropolymer) 5. Europe Marine Coatings Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.2. Europe Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.3. Europe Marine Coatings Market Size and Forecast, by End Users (2023-2030) 5.4. Europe Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5. Europe Marine Coatings Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.1.2. United Kingdom Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.1.3. United Kingdom Marine Coatings Market Size and Forecast, by End Users(2023-2030) 5.5.1.4. United Kingdom Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.2. France 5.5.2.1. France Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.2.2. France Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.2.3. France Marine Coatings Market Size and Forecast, by End Users(2023-2030) 5.5.2.4. France Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.3.2. Germany Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.3.3. Germany Marine Coatings Market Size and Forecast, by End Users (2023-2030) 5.5.3.4. Germany Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.4.2. Italy Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.4.3. Italy Marine Coatings Market Size and Forecast, by End Users(2023-2030) 5.5.4.4. Italy Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.5.2. Spain Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.5.3. Spain Marine Coatings Market Size and Forecast, by End Users (2023-2030) 5.5.5.4. Spain Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.6.2. Sweden Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.6.3. Sweden Marine Coatings Market Size and Forecast, by End Users (2023-2030) 5.5.6.4. Sweden Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.7.2. Austria Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.7.3. Austria Marine Coatings Market Size and Forecast, by End Users (2023-2030) 5.5.7.4. Austria Marine Coatings Market Size and Forecast, by Resin (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Marine Coatings Market Size and Forecast, by Product (2023-2030) 5.5.8.2. Rest of Europe Marine Coatings Market Size and Forecast, by Application (2023-2030) 5.5.8.3. Rest of Europe Marine Coatings Market Size and Forecast, by End Users (2023-2030) 5.5.8.4. Rest of Europe Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6. Asia Pacific Marine Coatings Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.2. Asia Pacific Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.4. Asia Pacific Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5. Asia Pacific Marine Coatings Market Size and Forecast, by Country (2023-2030) 6.7.1. China 6.5.1.1. China Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.1.2. China Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.1.3. China Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.1.4. China Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.2.2. S Korea Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.2.3. S Korea Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.2.4. S Korea Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.3.2. Japan Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.3.3. Japan Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.3.4. Japan Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.4. India 6.5.4.1. India Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.4.2. India Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.4.3. India Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.4.4. India Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.5.2. Australia Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.5.3. Australia Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.5.4. Australia Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.6.2. Indonesia Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.6.3. Indonesia Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.6.4. Indonesia Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.7.2. Malaysia Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.7.3. Malaysia Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.7.4. Malaysia Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.8.2. Vietnam Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.8.3. Vietnam Marine Coatings Market Size and Forecast, by End Users(2023-2030) 6.5.8.4. Vietnam Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.9.2. Taiwan Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.9.3. Taiwan Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.9.4. Taiwan Marine Coatings Market Size and Forecast, by Resin (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Marine Coatings Market Size and Forecast, by Product (2023-2030) 6.5.10.2. Rest of Asia Pacific Marine Coatings Market Size and Forecast, by Application (2023-2030) 6.5.10.3. Rest of Asia Pacific Marine Coatings Market Size and Forecast, by End Users (2023-2030) 6.5.10.4. Rest of Asia Pacific Marine Coatings Market Size and Forecast, by Resin (2023-2030) 7. Middle East and Africa Marine Coatings Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Marine Coatings Market Size and Forecast, by Product (2023-2030) 7.2. Middle East and Africa Marine Coatings Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Marine Coatings Market Size and Forecast, by End Users (2023-2030) 7.4. Middle East and Africa Marine Coatings Market Size and Forecast, by Resin (2023-2030) 7.5. Middle East and Africa Marine Coatings Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Marine Coatings Market Size and Forecast, by Product (2023-2030) 7.5.1.2. South Africa Marine Coatings Market Size and Forecast, by Application (2023-2030) 7.5.1.3. South Africa Marine Coatings Market Size and Forecast, by End Users (2023-2030) 7.5.1.4. South Africa Marine Coatings Market Size and Forecast, by Resin (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Marine Coatings Market Size and Forecast, by Product (2023-2030) 7.5.2.2. GCC Marine Coatings Market Size and Forecast, by Application (2023-2030) 7.5.2.3. GCC Marine Coatings Market Size and Forecast, by End Users (2023-2030) 7.5.2.4. GCC Marine Coatings Market Size and Forecast, by Resin (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Marine Coatings Market Size and Forecast, by Product (2023-2030) 7.5.3.2. Nigeria Marine Coatings Market Size and Forecast, by Application (2023-2030) 7.5.3.3. Nigeria Marine Coatings Market Size and Forecast, by End Users (2023-2030) 7.5.3.4. Nigeria Marine Coatings Market Size and Forecast, by Resin (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Marine Coatings Market Size and Forecast, by Product (2023-2030) 7.5.4.2. Rest of ME&A Marine Coatings Market Size and Forecast, by Application (2023-2030) 7.5.4.3. Rest of ME&A Marine Coatings Market Size and Forecast, by End Users (2023-2030) 7.5.4.4. Rest of ME&A Marine Coatings Market Size and Forecast, by Resin (2023-2030) 8. South America Marine Coatings Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Marine Coatings Market Size and Forecast, by Product (2023-2030) 8.2. South America Marine Coatings Market Size and Forecast, by Application (2023-2030) 8.3. South America Marine Coatings Market Size and Forecast, by End Users(2023-2030) 8.4. South America Marine Coatings Market Size and Forecast, by Resin (2023-2030) 8.5. South America Marine Coatings Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Marine Coatings Market Size and Forecast, by Product (2023-2030) 8.5.1.2. Brazil Marine Coatings Market Size and Forecast, by Application (2023-2030) 8.5.1.3. Brazil Marine Coatings Market Size and Forecast, by End Users (2023-2030) 8.5.1.4. Brazil Marine Coatings Market Size and Forecast, by Resin (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Marine Coatings Market Size and Forecast, by Product (2023-2030) 8.5.2.2. Argentina Marine Coatings Market Size and Forecast, by Application (2023-2030) 8.5.2.3. Argentina Marine Coatings Market Size and Forecast, by End Users (2023-2030) 8.5.2.4. Argentina Marine Coatings Market Size and Forecast, by Resin (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Marine Coatings Market Size and Forecast, by Product (2023-2030) 8.5.3.2. Rest Of South America Marine Coatings Market Size and Forecast, by Application (2023-2030) 8.5.3.3. Rest Of South America Marine Coatings Market Size and Forecast, by End Users (2023-2030) 8.5.3.4. Rest Of South America Marine Coatings Market Size and Forecast, by Resin (2023-2030) 9. Global Marine Coatings Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Marine Coatings Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. PPG Industries, Inc. (US) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Axalta Coating Systems, LLC (US) 10.3. Cabot Corporation. (US) 10.4. Carboline Company (US) 10.5. General Coatings (US) 10.6. Progress Rail Services Corporation (US) 10.7. Mascoat (US) 10.8. The Sherwin-Williams Company (US) 10.9. Kop Coat (US) 10.10. RPM International, Inc. (US) 10.11. Delta T & Protective Products (Canada) 10.12. BASF SE (Germany) 10.13. Chemco International Ltd (UK) 10.14. Jotun (Norway) 10.15. Boero (Italy) 10.16. Hempel A/S (Denmark) 10.17. Akzo Nobel N.V. (Netherlands) 10.18. EXCEL India Protective Paints Pvt. Ltd (India) 10.19. Mathur Corr Tech Private Limited (India) 10.20. Chugoku Marine Paints, Ltd. (Japan) 10.21. Kansai Paint Co.,Ltd. (Japan) 10.22. Nippon Paint Holdings Co., Ltd. (Japan) 10.23. KCC Corporation (South Korea) 10.24. Sharpshell Engineering (South Africa) 10.25. Cresta Paints (Africa) 11. Key Findings 12. Industry Recommendations 13. Marine Coatings Market: Research Methodology 14. Terms and Glossary