Europe Marine Coatings Market (2019-2025) | Size, Share, Growth, Analysis, Forecast, Trends, Value, Outlook & Overview

Latest 2023 Developments of the Europe Marine Coatings Market 

Europe Marine Coatings Market is innovating as key companies in the marine coatings industry are attempting to develop metal-free anti-fouling coatings that do not damage the hull while providing foul resistance. The marine coatings market is constantly confronted with the issue of product waste during application on marine vehicles, as well as the resulting environmental harm. This problem is being addressed by the development of bio marine coatings that do not harm the environment even after they are discarded. Hempel has introduced a new antifouling coating with enhanced operational flexibility for all vessel types and a speed loss of 4.5%.

Mergers And Acquisition:

• On 23 Dec 2020, AzkoNobel acquired New Nautical Coatings.
• On 29 June 2021, AkzoNobel announced to acquire Grupo Orbis.
• On 02 March 2021, AkzoNobel completes the acquisition of Titan Paints in Spain.
• On 18 Feb 2021, Hempel announced to acquisition Wattyl Australia and New Zealand.

Europe Marine Coatings Market  Synopsis

Rising consumer awareness regarding hull protection, as well as an increase in fuel efficiency and vessel life, would be major factors driving the demand for Marine Coatings Market in the coming years. Moreover, rising demand for eco-friendly coatings to help sustain aquatic life and control oceanic pollution would positively influence market growth.

According to 6Wresearch, Europe Marine Coatings Market size is anticipated to register growth during 2019-2025. Based on the product, the market can be categorized into anti-fouling coatings, anti-corrosion coatings, foul-release coatings, and others. Anti-fouling coatings act as a barrier between the metal and aquatic organisms preventing degradation which increases the life of the vessel. Anti-fouling coatings acquired a major revenue share in 2018, and are projected to lead the demand for marine coatings market during the forecast period.

 In the overall Europe Marine Coatings Market share, the United Kingdom has captured the major pie in 2018 and is expected to lead throughout the forecast period. However, Spain and Belgium are expected to be some of the key revenue-generating countries over the coming years.

The Europe Marine Coatings Market report thoroughly covers the market by the chemical base, products, applications, and countries including Germany, Italy, France, the UK, and the rest of Europe. The Europe marine coatings market outlook report provides an unbiased and detailed analysis of the ongoing European marine coatings market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Europe Marine Coatings Market Overview
• Europe Marine Coatings Market Outlook
• Europe Marine Coatings Market Forecast
• Historical Data of Europe Marine Coatings Market Revenues & Volume for the Period 2015-2018
• Europe Marine Coatings Market Size and Europe Marine Coatings Market Forecast of Revenues & Volume, Until 2025
• Historical Data of Europe Marine Coatings Market Revenues & Volume, by Chemical Base, for the Period 2015-2018
• Market Size & Forecast of Europe Marine Coatings Market Revenues & Volume, by Chemical Base, Until 2025
• Historical Data of Europe Marine Coatings Market Revenues and Volume, By-Products, for the Period 2015-2018
• Market Size & Forecast of Europe Marine Coatings Market Revenues and Volume, By-Products, Until 2025
• Historical Data of Europe Marine Coatings Market Revenues and Volume, By Applications, for the Period 2015-2018
• Market Size & Forecast of Europe Marine Coatings Market Revenues and Volume, By Applications, Until 2025
• Historical Data of Germany Marine Coatings Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Germany Marine Coatings Market Revenues and Volume, Until 2025
• Historical Data of Italy Marine Coatings Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Italy Marine Coatings Market Revenues and Volume, Until 2025
• Historical Data of France Marine Coatings Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of France Marine Coatings Market Revenues and Volume, Until 2025
• Historical Data of the United Kingdom Marine Coatings Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of the United Kingdom Marine Coatings Market Revenues and Volume, Until 2025
• Historical Data of Belgium Marine Coatings Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Belgium Marine Coatings Market Revenues and Volume, Until 2025
• Historical Data of Spain Marine Coatings Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Spain Marine Coatings Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• Europe Marine Coatings Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Europe Marine Coatings Market Share, By Players
• Europe Marine Coatings Market Share, By Regions
• Europe Marine Coatings Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Europe Marine Coatings Market report provides a detailed analysis of the following market segments:

By Chemical Base:

• Epoxy-based coatings
• Acrylic-based Coatings
• Alkyds Based Coatings
• Polyurethane based coatings
• Others

By-Products:

• Anti-Fouling Coatings
• Anti-Corrosion Coatings
• Foul Release Coatings
• Others

By Applications:

• Cargo Ships
• Passenger Ships
• Boats
• Others

By Countries:

• Germany
• Italy
• France
• United Kingdom
• Belgium
• Spain
• Rest of Europe