Market Revenue Antifouling Coating Market Base Distribution

Antifouling Coating Market Base Distribution, Key Suppliers,
Sourcing Strategy Forecast 2012-2022
“Antifouling Coating Market size was 84.4 tons in 2014 and is expected to
surpass 130.0 kilo tons during the forecast period. Antifouling Coating Market
is anticipated to witness considerable growth on account of its rising demand
of underwater surfaces.”
Industry Insights
Global Antifouling Coating Market size was 84.4 tons in 2014 and is expected to surpass 130.0 kilo tons during
the forecast period. Antifouling Coating Market is anticipated to witness considerable growth on account of its
rising demand of underwater surfaces in shipping vessels and hulls as it provides superior polishing effect and
smoothness. To improve the performance and durability of the vessel and to avoid unwanted growth of sub-
aquatic organisms, antifouling coatings are used as specialized paints and applied to the hull of a ship. Growing
consumption in passenger ships, commercial vessels, cargo, yachts, conventional offshore drilling rigs and
Floating Production Storage & Offloading (FPSO) is anticipated to boost industry growth from 2015 to 2022.
Preference condition-based monitoring over breakdown maintenance coupled with increasing popularity in
shipping segment is projected to play a vital role in the products’ growing prominence and demand. Additionally,
superior properties that act as a shielding agent against corrosion, external contamination and fouling is
expected to fuel market growth.
Application Insights
In 2014, Antifouling coatings were primarily used in shipping vessels, contributing to more than 80% of overall
volume. These paints extend the dry-docking interval and provide direct fuel saving by protecting hulls from
fouling organisms and corrosion.
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