Infinium Global Research Antifouling Coatings Market | Page 3
Antifouling Coatings Market: Global Industry Analysis, Trends, Market Size and Forecasts up
to 2024
We have produced a new premium report Antifouling Coatings Market. The report covers
the analysis of global as well as regional markets of Antifouling Coatings. The objective of the
study is to identify market sizes of different segments & countries in recent years and to
forecast the values for the next six years. The report also deep dives into the sub-segments
of Antifouling Coatings Market by application (rigs and vessels) through main geographies in
the Global Market such as North America, Europe, Asia-Pacific and RoW. The report covers
market changing aspects including drivers, restraints, opportunities, and trends expected to
encouragement the expansion of the Antifouling Coatings Market during the said period. The
report also provides market attractiveness analysis, by geography, and market share analysis,
by key players respectively. Some of the prominent participants in the Global Antifouling
Coatings Market are PPG Industries, Inc., Chugoku Marine Paints, Ltd., Archer Daniels
Midland Company and Nippon Paint Holdings Co., Ltd. According to report the global
antifouling coatings market is projected to grow at a CAGR of 7.5% over the forecast period
of 2018-2024.
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Segment Covered
The report on global antifouling coatings market covers application segments. On the basis
of application the global antifouling coatings market is categorized into rigs, vessels and
others. Among the applications of antifouling coatings the vessels segment accounted for the
largest market share over the period of 2016 and 2017, and this trend is projected to continue
over the forecast period.
Driven by innovations, the global market for antifouling is projected to grow at a rapid pace
over the forecast pace. Moreover, the rise in international transportation through marine
ways is likely to escalate the growth in this market over the forecast period. On the other
side, the toxicity associated with antifouling coatings is expected to restrain the growth in
this market over the forecast period. Furthermore, growing demand for environmentally
friendly antifouling coatings and paints, and growing R&D in antifouling coatings market is
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