Monday, March 23, 2020

Antifouling Paints and Coatings Market by Type, Application, Region and Global Forecast...

The report "Antifouling Paints and Coatings Market by Type (Copper-Based, Self-Polishing, Hybrid, Others), Application (Shipping Vessels, Drilling Rigs & Production Platforms, Others), Region (APAC, Europe, North America, MEA, Latin America) - Global Forecast to 2021".


The objectives of this study are: 
  • To define, describe, and forecast the antifouling paints & coatings market based on type, application, and region
  • To analyze and forecast the volume (million liters) and value (USD million) of the global antifouling paints and coatings market
  • To provide detailed information regarding key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution made to the overall market
Shipping vessels was the fastest-growing application segment of the global antifouling paints & coatings market

Shipping vessels segment contributed the largest share to the antifouling paints & coatings market in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be mainly attributed to the increased demand of antifouling paints & coatings, as they provide smoothness and superior polishing effect to hulls and underwater surfaces of shipping vessels.




Copper-based antifouling paints & coatings was the largest segment of the antifouling paints & coatings market



Based on type, the antifouling paints & coatings market has been segmented into copper-based, self-polishing copolymer, hybrid, and others. Copper-based was the largest segment of the market in 2015. Copper-based antifouling paints & coatings are environment friendly, as they ensure foul-free surfaces of shipping vessels. They also help in saving fuel, thereby reducing the emission of greenhouse gases.

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