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Yacht coatings competitor analysis report - global forecast to 2026.

The Global Yacht Coatings Market size was estimated at USD 3,509. 26 Million in 2020 and expected to reach USD 3,755. 47 Million in 2021, at a Compound Annual Growth Rate (CAGR) 7. 35% to reach USD 5,372.

New York, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Yacht Coatings Competitor Analysis Report - Global Forecast to 2026" - https://www.reportlinker.com/p06149263/?utm_source=GNW 02 Million by 2026. FPNV Positioning Matrix: The FPNV Positioning Matrix evaluates and categorizes the vendors in the Yacht Coatings Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape. Market Share Analysis: The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits. Competitive Scenario: The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service. Company Usability Profiles: The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Yacht Coatings Market, including Akzo Nobel N.V., Alexseal Yacht Coatings, Asian Paints Ltd, BASF SE, Berger Paints, Boero Bartolomeo S.P.A, Chemco International, Chugoku Marine Paints Ltd., DuPont de Nemours, Inc, Engineered Marine Coatings LLC, Epifanes NA Inc, Hempel A/S, Jotun A/S, Kansai Paint Co. Ltd, KCC Corporation, Nippon Paint Marine Coatings Co. Ltd., PPG Industries Inc., RPM International Inc., Shalimar Paints, Sherwin-Williams Company, and Tiger Coatings GmbH & Co. KG. Read the full report: https://www.reportlinker.com/p06149263/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

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Yacht Coatings Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Size : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Paints, Coatings and Additives

Report Code: A61505

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Yacht Coatings Market Research, 2032

The global yacht coatings market size was valued at $5.5 billion in 2022, and is projected to reach $9.9 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032.  Yacht coatings play a crucial role in safeguarding the exterior surfaces of boats, providing protection against corrosion, fouling, and erosion. Yachts, crafted from materials such as aluminum, steel, zinc-aluminum alloy (zincate), fiberglass reinforced plastic (FRP), or other finishes, need specialized coatings tailored to their composition and the environmental conditions they navigate. The necessity for yacht coatings is intricately linked to the operational environment, distinguishing between coastal and open ocean settings, as well as the intended use of the yacht, whether for fishing or leisure purposes. Coastal or freshwater environments necessitate coatings with corrosion protection, fouling control, and foul release qualities. On the contrary, yachts venturing offshore require anti-corrosion coatings to shield against corrosive seawater contaminants, including chlorides and sulphates. Yacht coatings serve as a vital line of defense, ensuring the longevity and optimal performance of these vessels across diverse maritime landscapes.

Yacht Coatings Market

The yacht coatings market is primarily driven by the dual-purpose functionality of marine coatings systems applied to ships and offshore structures. As an integral part of the broader marine coatings sector, yacht coatings play a pivotal role in protecting vessels from deterioration and preserving their aesthetic appeal. In the global fleet of merchant vessels encompassing a variety of ship types such as bulk carriers, tankers, container ships, cargo ships, as well as passenger and cruise ships, the application of yacht coatings is crucial. Yacht coatings are essential for ensuring superior corrosion protection in both sea and freshwater environments. The specific functional properties of these Coatings are tailored to shield submerged materials, such as yachts, ships, and vessels, from the corrosive effects of seawater, providing crucial defense against corrosion and abrasion. The application of advanced yacht Coatings not only enhances the durability of vessels but also contributes significantly to their overall performance, addressing the multifaceted challenges posed by marine environments.

The yacht coatings market growth is hindered by the high development and maintenance costs associated with advanced coatings. the research and technology required for innovative formulations, such as nano-coatings or self-healing coatings, can be expensive. In addition, maintaining and updating these coatings to meet evolving standards incurs ongoing costs for yacht owners. this cost factor may deter widespread adoption, particularly among smaller yacht owners or in markets where price sensitivity is a significant consideration.

The yacht coatings market is witnessing a transformative phase, driven by the imperative to address operational challenges posed by the harsh marine environment and align with environmental sustainability goals. Operational losses attributed to biofouling have spurred the development of advanced antifouling technologies, with a particular focus on reducing fuel consumption. Manufacturers, traditionally cautious in adopting new technologies, are propelled by both regulatory pressures and increasing customer preferences for eco-friendly products. The urgency to lower fuel consumption and curb CO2 emissions acts as a compelling force for paint companies, propelling them to innovate and introduce technologically-advanced antifouling coatings specifically designed for yacht hulls. Foul-release technology, a key innovation in this domain, not only ensures substantial fuel savings but is particularly beneficial for large cargo ships. The market is witnessing significant investments in eco-friendly solutions, including low friction coatings and metal-free antifouling coatings, with a growing trend towards silicone- or fluororesin-based foul-release products among key players in the yacht coatings industry. These developments highlight a growing commitment toward eco-friendly practices within the yacht coating sector.

The key players profiled in yacht coatings market forecast report include AkzoNobel, Jotun, PPG Industries, Inc, Epifanes NA Inc, Boero Bartolomeo S.p.A, Alexseal Yacht Coatings, The Sherwin-Williams Company, Chugoku Marine Paints Ltd, Hempel UK Ltd., and Engineered Marine Coatings LLC. Acquisition and strategic partnership are common strategies followed by major market players. For instance, in March 2023, PPG launched its SIGMAGLIDE 2390 marine coatings, which assisted ship owners in reducing power consumption and carbon emissions, addressing the need for enhanced performance without compromising the marine environment. The fouling release coatings, devoid of biocides, was formulated based on PPG HYDRORESET technology. This innovative technology underwent a modification of the coatings upon immersion in water, creating a smooth surface that remained unrecognizable to marine organisms.

The yacht coatings market is segmented on the basis of type, application, and region. By type, the market is divided into anti-fouling coatings, anti-corrosion coatings, and foul release coatings. By size, the market is classified into small yachts (from 10 to 24 meters), large yachts (from 24 to 40 meters), super yachts (from 40 to 60 meters), and mega yachts (above 60 meters) . By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The yacht coatings market is segmented into Type and Size.

Yacht Coatings Market by Type

By type, the anti-fouling coatings sub-segment dominated the global yacht coatings market share in 2022. Antifouling coatings, crucial for maintaining optimal vessel performance, are specialized paints strategically applied to a ship's hull to impede marine growth in the underwater areas. This preventive measure is essential to counter the potential adverse effects on a vessel's efficiency and durability caused by the accumulation of marine organisms. Beyond their fouling resistance, these coatings serve a dual purpose by acting as a protective barrier against hull corrosion, safeguarding the metal structure from degradation and weakening. Moreover, antifouling coatings contribute to enhancing the hydrodynamic performance of vessels, facilitating the smoother flow of water along the hull. Whether applied to a fishing vessel or a high-performance racing yacht, these coatings play a pivotal role in preserving the integrity and efficiency of marine structures, highlighting their significance in the maritime industry.

Yacht Coatings Market by Size

By size, the small yachts (from 10 to 24 meters)sub-segment dominated the global yacht coatings market share in 2022. In the fiercely competitive yacht coatings market, manufacturers of small yachts are strategically investing in technological advancements and material innovations to secure a competitive advantage. The emphasis on first-class technology for product innovation is evident, with large companies leading the charge. Integration of advanced features like sensors and GPS not only enhances the overall functionality of small yachts but also positions manufacturers as industry leaders. The response from coastal customers, particularly those seeking recreational small boats (10-24 meters) for fishing and entertainment purposes, is robust. The incorporation of new materials further enhances the appeal of small yachts, signaling a promising trajectory for manufacturers poised for significant growth in this dynamic and evolving market.

Yacht Coatings Market by Region

By region, Europe dominated the yacht coatings market in 2022. Europe emerges as a key player for innovation in the yacht coatings sector, owing to substantial industrial activity and a strong presence of leading players in the coatings business. This innovation hub is characterized by a concerted effort to develop yacht coatings that go beyond mere aesthetics, incorporating practical functionalities. European manufacturers are actively engaged in the research and formulation of coatings that provide both visual appeal and performance-driven features. The region's commitment toward excellence in the marine sector is evident in the collaborative efforts between industry participants, shipyards, and research institutions. This collaborative network fosters continuous advancements, ensuring that yacht coatings from Europe are not only decorative but also aligned with the practical needs of yacht owners. The region's position as an innovation hub highlights its pivotal role in steering the global yacht coatings market towards cutting-edge solutions.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the yacht coatings market analysis from 2022 to 2032 to identify the prevailing yacht coatings market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the yacht coatings market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global yacht coatings market trends, key players, market segments, application areas, and market growth strategies.

  Yacht Coatings Market Report Highlights

USD 9.9 billion

CAGR of 6.3%

2022 - 2032

310

  (U.S., Canada, Mexico)   (Germany, UK, France, Spain, Italy, Rest of Europe)   (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)   (Brazil, UAE, Saudi Arabia, South Africa, Rest of LAMEA)

Jotun, DuPont, Engineered Marine Coatings LLC, Boero Bartolomeo S.p.A., Akzo Nobel N.V., BASF SE, Hempel A/S, PPG Industries, Inc., CHUGOKU MARINE PAINTS, LTD.

  • Yacht Coatings
  • Anti Fouling Coatings
  • Anti Corrosion Coatings
  • Foul Release Coatings

The yacht coating market size is expected to grow due to an increase in demand for luxury yacht for tourism, party, and others.

The major growth strategies adopted by the yacht coatings market players are product launches and partnership & agreements.

Asia-Pacific will provide more business opportunities for the global yacht coatings market in the future.

AkzoNobel, Jotun, PPG Industries, Inc, Epifanes NA Inc, Boero Bartolomeo S.p.A, Alexseal Yacht Coatings, The Sherwin-Williams Company, Chugoku Marine Paints Ltd, Hempel UK Ltd., and Engineered Marine Coatings LLC. are the major players in the yacht coating market.

The anti-fouling coatings sub-segment of the type segment acquired the maximum share of the global yacht coatings market in 2022.

Yacht companies are the major customers in the global yacht coatings market.

The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global yacht coatings market from 2022 to 2032 to determine the prevailing opportunities.

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Yacht Coatings Market

Global Opportunity Analysis and Industry Forecast, 2023-2032

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  • Automotive and Transport /
  • Yacht Coating

Yacht Coatings Market By Type, By Size: Global Opportunity Analysis and Industry Forecast, 2023-2032- Product Image

Yacht Coatings Market By Type, By Size: Global Opportunity Analysis and Industry Forecast, 2023-2032

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  • January 2024
  • Region: Global
  • Allied Market Research
  • ID: 5941252
  • Description

Table of Contents

Companies mentioned, methodology, related topics, related reports.

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the yacht coatings market analysis from 2022 to 2032 to identify the prevailing yacht coatings market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the yacht coatings market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global yacht coatings market trends, key players, market segments, application areas, and market growth strategies.

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  • Product Benchmarking / Product specification and applications
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  • Patient/epidemiology data at country, region, global level
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  • List of customers/consumers/raw material suppliers- value chain analysis
  • Market share analysis of players at global/region/country level
  • SWOT Analysis

Key Market Segments

  • Anti-Fouling Coatings
  • Anti-Corrosion Coatings
  • Foul Release Coatings
  • Small Yacht (from 10 to 24 meters)
  • Large yachts (from 24 to 40 meters)
  • Super yachts (from 40 to 60 meters)
  • Mega yachts (Above 60 meters)
  • North America
  • Rest of Europe
  • Asia-Pacific
  • South Korea
  • Rest of Asia-Pacific
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Akzo Nobel N.V.
  • PPG Industries, Inc.
  • Boero Bartolomeo S.p.A.
  • CHUGOKU MARINE PAINTS, LTD.
  • Engineered Marine Coatings LLC

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Global Antifouling Paints and Coatings Market Report by Type, Application, and Region 2024-2032

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2024 Antifouling Yacht Coatings Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 - Product Image

2024 Antifouling Yacht Coatings Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

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Global Antifouling Paints & Coatings Market by Type (Copper-Based Antifouling Paints & Coatings, Hybrid Antifouling Paints & Coatings, Self-Polishing Copolymer), Application (Drilling Rigs & Production Platforms, Fishing Boats, Inland Waterways Transport) - Forecast 2024-2030 - Product Image

Global Antifouling Paints & Coatings Market by Type (Copper-Based Antifouling Paints & Coatings, Hybrid Antifouling Paints & Coatings, Self-Polishing Copolymer), Application (Drilling Rigs & Production Platforms, Fishing Boats, Inland Waterways Transport) - Forecast 2024-2030

2024 Yacht Coatings Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 - Product Image

2024 Yacht Coatings Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

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global yacht coatings

Yacht Coatings Market Report

Yacht coatings market by type (anti-fouling coatings, anti-corrosion coatings, and foul release coatings), size (small yachts (from 10 to 24 meters), large yachts (from 24 to 40 meters), super yachts (from 40 to 60 meters), and mega yachts (above 60 meters)), and region (north america, europe, asia-pacific, and lamea): global opportunity analysis and industry forecast, 2023-2032.

MC : Paints, Coatings and Additives

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pandemic has shown to have an enormous impact on most industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Yacht Coatings Market

Yacht coatings overview.

Yacht coatings refers to a specialized type of protective coatings meticulously formulated for application on yachts, catering to the unique challenges posed by marine environments. These coatings exhibit specific functional properties aimed at safeguarding yachts from the corrosive effects of saltwater or freshwater, UV radiation, fouling, and harsh weather conditions. By acting as a protective barrier, yacht coatings contribute to the longevity of vessels, reducing maintenance needs and enhancing overall durability.

Global Yacht Coatings Market Analysis

The global yacht coatings market size was $5,468.2 million in 2022 and is predicted to grow with a CAGR of 6.3%, by generating a revenue of $9,877.1 million by 2032.

Yacht Coatings Market Analysis

Source: Research Dive Analysis

COVID-19 Impact on the Global Yacht Coatings Market

The yacht coatings market has experienced substantial effects due to the widespread impact of the COVID-19 pandemic. One of the most prominent effects has been the disruption in the manufacturing of new yachts, triggered by the temporary closures of factories and studios. Therefore, the usual flow of new vessels entering the market has been impeded, leading to a tangible decrease in the supply of new yachts available. This reduction in the availability of new yachts has directly influenced the yacht coatings sector. With fewer new vessels being produced, the demand for fresh coatings reduced, creating a shift in the industry's dynamics. Yacht manufacturers, compelled to halt production temporarily, had to cope with challenges in meeting the coatings needs of their clients in the post-pandemic period. This led to a reevaluation of strategies and an increased focus on alternative opportunities within the yacht industry. In the post-pandemic period, the yacht coatings industry is experiencing a promising resurgence characterized by positive developments. The gradual recovery of economies worldwide and the resurgence of various industries are contributing to a steady rebound in the demand for specialized yacht coatings.

Increasing Demand for Luxury Yachts to Drive the Market Growth

The dynamic trends shaping the luxury yacht industry are significantly influencing the yacht coatings market. The increasing popularity of dayboats, particularly as an affordable choice for families and couples seeking a yachting experience, is driving demand for coatings that balance cost-effectiveness with high performance. Yacht coatings manufacturers are prompted to innovate solutions that cater to the unique requirements of dayboats, ensuring durability, aesthetics, and protection against the elements such as abrasion and wear, saltwater exposure, and others. Moreover, the integration of technology and intelligent systems in luxury yachts is a pivotal driver for the yacht coatings market growth. With a growing emphasis on safety and enhanced sailing experiences, yacht owners and enthusiasts are increasingly seeking coatings that not only provide protection but also seamlessly integrate with advanced onboard technologies. The demand for yacht coatings is evolving to address the challenges posed by smart systems, ensuring compatibility with the ever-more sophisticated equipment found onboard. This shift reflects a desire for coatings that complement and enhance the functionality of modern yacht technologies, offering a comprehensive solution for both protection and seamless integration.

Stringent Environmental Regulations to Restrain the Market Growth

The yacht coatings sector is facing significant challenges from more rigorous environmental rules aimed at reducing the use of harmful chemicals in marine paints. As worldwide environmental awareness increases, regulatory agencies are implementing stronger standards to mitigate the negative impact of traditional coatings on marine habitats. Compliance with these rules provides a daunting challenge for yacht painting makers. Coatings formulation and production may involve traversing complex regulatory systems to fulfill eco-friendly criteria. Hence, the yacht coatings market is projected to face challenges due to constraints in accessing and formulating specific coatings. This limitation is anticipated to impede the industry's capacity to cater to the diverse requirements of boat owners.

Advancements in Coatings Technology to Drive Excellent Opportunities

The yacht coatings industry is experiencing several growth opportunities, driven by the rapid advancements in coatings technology. Innovations in materials, formulations, and application techniques are reshaping the industry, presenting yacht owners and manufacturers with a spectrum of benefits, including enhanced performance, increased durability, and expanded aesthetic possibilities. A major factor creating these opportunities is the development of advanced nano-coatings. Breakthroughs in nanotechnology enable the creation of coatings that exhibit superior resistance to environmental elements, abrasion, and fouling. Beyond providing long-lasting protection, these nano-coatings contribute to increased fuel efficiency by minimizing drag in the water, thereby optimizing vessel performance. An exemplary illustration of this progress is evident in the initiatives of industry leaders like Tnemec Company, Inc. The recent launch of their HullClad line of coatings signifies a commitment toward pushing the boundaries of protective coatings. Specifically designed to safeguard ships and vessels' hulls in the most challenging underwater marine environments, this innovation exemplifies the industry's dedication toward leveraging cutting-edge technology for enhanced maritime protection. As the yacht coatings sector continues to embrace these advancements, it positions itself at the forefront of technological progress, ready to capitalize on the numerous opportunities that lie ahead.

Global Yacht Coatings Market Share, by Type, 2022

Yacht Coatings Market Share, by Type

The anti-fouling coatings sub-segment accounted for the highest market share in 2022. This specialized category of coatings plays a pivotal role in maintaining the performance and durability of vessels by combating the adverse effects of marine growth on the underwater hull. Not only do these coatings act as a robust defense against marine organisms that can impede a vessel's efficiency, but they also serve as a protective barrier, mitigating hull corrosion and maintaining the structural integrity of the ship. Particularly crucial for merchant ships, where hull condition directly influences fuel efficiency, anti-fouling coatings ensure a smooth and clean hull surface. By reducing frictional resistance caused by water flow, these coatings significantly decrease engine workload, ultimately leading to enhanced fuel efficiency and operational cost savings.

Global Yacht Coatings Market Share, by Size, 2022

Yacht Coatings Market Share, by Size

The small yachts (from 10 to 24 meters) sub-segment accounted for the highest market share in 2022 . The rising demand for fishing and pleasure riding is creating a significant growth trajectory for small yachts within the yacht coatings market, particularly those ranging from 10 to 24 meters. As per the National Marine Manufacturers Association, the robust contribution of entertainment and pleasure boating, generating over $100 billion for the U.S. economy, highlights the immense potential for small yachts in this segment. Government initiatives worldwide to foster marine tourism through increased investment, infrastructure development, and regulatory reforms are opening up lucrative avenues for small yachts. Manufacturers in this category are strategically positioning themselves to capitalize on the rising interest of the younger generation in adventurous outdoor activities, making small yachts not only a practical choice but also an appealing one.

Global Yacht Coatings Market Size & For ecast, by Region, 2022-2032 ($Million)

Yacht Coatings Market Size & Forecast, by Region

Europe accounted for a dominant market share in 2022. Europe stands at the forefront of the global yacht coatings market, boasting a prominent lead driven by robust industrial activity in the region's thriving marine sector. The substantial presence of key participants in the coatings business further develops Europe's influence, with active engagement in the development of yacht coatings that seamlessly blend both decorative and practical features. The region's dominance can be attributed to its rich maritime heritage, a robust network of shipyards, and a keen focus on innovation. European manufacturers, leveraging their expertise and technological expertise, are consistently shaping the yacht coatings market by introducing solutions that cater to the diverse needs of yacht owners. As a hub for marine excellence, Europe continues to set industry standards, driving advancements in both aesthetics and functionality within the global yacht coatings landscape.

Competitive Scenario in the Global Yacht Coatings Market

Product launch, investment, and acquisition are common strategies followed by major market players. For instance, in 2023, Tnemec Company, Inc., a prominent manufacturer with a century-long legacy in producing high-performance protective coatings, unveiled its HullClad line of coatings. This product line was specifically designed to safeguard the hulls of ships and vessels operating in the most challenging underwater marine environments.

Competitive Scenario in the Global Yacht Coatings Market

Some of the leading yacht coatings market players are AkzoNobel, Jotun, PPG Industries, Inc, Epifanes NA Inc, Boero Bartolomeo S.p.A, Alexseal Yacht Coatings, The Sherwin-Williams Company, Chugoku Marine Paints Ltd, Hempel UK Ltd., and Engineered Marine Coatings LLC.

Historical Market Estimations

2020-2021

Base Year for Market Estimation

2022

Forecast Timeline for Market Projection

2023-2032

Geographical Scope

North America, Europe, Asia-Pacific, and LAMEA

Segmentation by Type

 

Segmentation by Size

 

 

Key Companies Profiled

Q1. What is the size of the global yacht coatings market?

A. The size of the global yacht coatings market was $5,468.2 million in 2022 and is projected to reach $9,877.1 million by 2032.

Q2. Which are the major companies in the yacht coatings market?

A. AkzoNobel, Jotun, and PPG Industries are some of the key players in the global yacht coatings market.

Q3. Which region, among others, possesses greater investment opportunities in the future?

A. Asia-Pacific possesses great investment opportunities for investors in the future.

Q4. What will be the growth rate of the North America yacht coatings market?

A. The North America yacht coatings market is anticipated to grow at 7% CAGR during the forecast period.

Q5. What are the strategies opted by the leading players in this market?

A. Product launches and investment are the two key strategies opted by the operating companies in this market.

Q6. Which companies are investing more on R&D practices?

A. Boero Bartolomeo S.p.A, Alexseal Yacht Coatings, The Sherwin-Williams Company, and Chugoku Marine Paints Ltd are the companies investing more on R&D activities for developing new products and technologies.

1. Research Methodology

1.1. Desk Research 1.2. Real time insights and validation 1.3. Forecast model 1.4. Assumptions and forecast parameters 1.5. Market size estimation

1.5.1. Top-down approach 1.5.2. Bottom-up approach

2. Report Scope

2.1. Market definition 2.2. Key objectives of the study 2.3. Report overview 2.4. Market segmentation 2.5. Overview of the impact of COVID-19 on global Yacht Coatings market

3. Executive Summary

4. Market Overview

4.1. Introduction 4.2. Growth impact forces

4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities

4.3. Market value chain analysis

4.3.1. List of raw material suppliers 4.3.2. List of manufacturers  4.3.3. List of distributors

4.4. Innovation & sustainability matrices

4.4.1. Technology matrix 4.4.2. Regulatory matrix

4.5. Porter’s five forces analysis

4.5.1. Bargaining power of suppliers 4.5.2. Bargaining power of consumers 4.5.3. Threat of substitutes 4.5.4. Threat of new entrants 4.5.5. Competitive Rivalry Intensity

4.6. PESTLE analysis

4.6.1. Political 4.6.2. Economical 4.6.3. Social 4.6.4. Technological 4.6.5. Legal 4.6.6. Environmental

4.7. Impact of COVID-19 on Yacht Coatings market

4.7.1. Pre-covid market scenario 4.7.2. Post-covid market scenario

5. Yacht Coatings Market Analysis, by Type

5.1. Overview 5.2. Anti-Fouling Coatings

5.2.1. Definition, key trends, growth factors, and opportunities 5.2.2. Market size analysis, by region, 2022-2032 5.2.3. Market share analysis, by country, 2022-2032

5.3. Anti-Corrosion Coatings

5.3.1. Definition, key trends, growth factors, and opportunities 5.3.2. Market size analysis, by region, 2022-2032 5.3.3. Market share analysis, by country, 2022-2032

5.4. Foul Release Coatings 

5.4.1. Definition, key trends, growth factors, and opportunities 5.4.2. Market size analysis, by region, 2022-2032 5.4.3. Market share analysis, by country, 2022-2032

5.5. Research Dive Exclusive Insights

5.5.1. Market attractiveness 5.5.2. Competition heatmap

6. Yacht Coatings Market Analysis, by Size

6.1. Overview 6.2. Small Yacht (From 10 to 24 Meters)

6.2.1. Definition, key trends, growth factors, and opportunities 6.2.2. Market size analysis, by region, 2022-2032 6.2.3. Market share analysis, by country, 2022-2032

6.3. Large Yacht (From 24 to 40 Meters)

6.3.1. Definition, key trends, growth factors, and opportunities 6.3.2. Market size analysis, by region, 2022-2032 6.3.3. Market share analysis, by country, 2022-2032

6.4. Super Yacht (From 40 to 60 Meters)

6.4.1. Definition, key trends, growth factors, and opportunities 6.4.2. Market size analysis, by region, 2022-2032 6.4.3. Market share analysis, by country, 2022-2032

6.5. Mega Yacht (Above 60 Meters)

6.5.1. Definition, key trends, growth factors, and opportunities 6.5.2. Market size analysis, by region, 2022-2032 6.5.3. Market share analysis, by country, 2022-2032

6.6. Research Dive Exclusive Insights

6.6.1. Market attractiveness 6.6.2. Competition heatmap

7. Yacht Coatings Market, by Region

7.1. North America

7.1.1. U.S.

7.1.1.1. Market size analysis, by Type, 2022-2032 7.1.1.2. Market size analysis, by Size, 2022-2032

7.1.2. Canada

7.1.2.1. Market size analysis, by Type, 2022-2032 7.1.2.2. Market size analysis, by Size, 2022-2032

7.1.3. Mexico

7.1.3.1. Market size analysis, by Type, 2022-2032 7.1.3.2. Market size analysis, by Size, 2022-2032

7.1.4. Research Dive Exclusive Insights

7.1.4.1. Market attractiveness 7.1.4.2. Competition heatmap

7.2. Europe

7.2.1. Germany 

7.2.1.1. Market size analysis, by Type, 2022-2032 7.2.1.2. Market size analysis, by Size, 2022-2032

7.2.2.1. Market size analysis, by Type, 2022-2032 7.2.2.2. Market size analysis, by Size, 2022-2032

7.2.3. France

7.2.3.1. Market size analysis, by Type, 2022-2032 7.2.3.2. Market size analysis, by Size, 2022-2032

7.2.4. Spain

7.2.4.1. Market size analysis, by Type, 2022-2032 7.2.4.2. Market size analysis, by Size, 2022-2032

7.2.5. Italy

7.2.5.1. Market size analysis, by Type, 2022-2032 7.2.5.2. Market size analysis, by Size, 2022-2032

7.2.6. Rest of Europe

7.2.6.1. Market size analysis, by Type, 2022-2032 7.2.6.2. Market size analysis, by Size, 2022-2032

7.2.7. Research Dive Exclusive Insights

7.2.7.1. Market attractiveness 7.2.7.2. Competition heatmap

7.3. Asia-Pacific

7.3.1. China

7.3.1.1. Market size analysis, by Type, 2022-2032 7.3.1.2. Market size analysis, by Size, 2022-2032

7.3.2. Japan 

7.3.2.1. Market size analysis, by Type, 2022-2032 7.3.2.2. Market size analysis, by Size, 2022-2032

7.3.3. India

7.3.3.1. Market size analysis, by Type, 2022-2032 7.3.3.2. Market size analysis, by Size, 2022-2032

7.3.4. Australia

7.3.4.1. Market size analysis, by Type, 2022-2032 7.3.4.2. Market size analysis, by Size, 2022-2032

7.3.5. South Korea

7.3.5.1. Market size analysis, by Type, 2022-2032 7.3.5.2. Market size analysis, by Size, 2022-2032

7.3.6. Rest of Asia-Pacific

7.3.6.1. Market size analysis, by Type, 2022-2032 7.3.6.2. Market size analysis, by Size, 2022-2032

7.3.7. Research Dive Exclusive Insights

7.3.7.1. Market attractiveness 7.3.7.2. Competition heatmap

7.4.1. Brazil

7.4.1.1. Market size analysis, by Type, 2022-2032 7.4.1.2. Market size analysis, by Size, 2022-2032

7.4.2.1. Market size analysis, by Type, 2022-2032 7.4.2.2. Market size analysis, by Size, 2022-2032

7.4.3. Saudi Arabia

7.4.3.1. Market size analysis, by Type, 2022-2032 7.4.3.2. Market size analysis, by Size, 2022-2032

7.4.4. South Africa

7.4.4.1. Market size analysis, by Type, 2022-2032 7.4.4.2. Market size analysis, by Size, 2022-2032

7.4.5. Rest of LAMEA

7.4.5.1. Market size analysis, by Type, 2022-2032 7.4.5.2. Market size analysis, by Size, 2022-2032

7.4.6. Research Dive Exclusive Insights

7.4.6.1. Market attractiveness 7.4.6.2. Competition heatmap

8. Competitive Landscape

8.1. Top winning strategies, 2022

8.1.1. By strategy 8.1.2. By year

8.2. Strategic overview 8.3. Market share analysis, 2022

9. Company Profiles

9.1. AkzoNobel

9.1.1. Overview 9.1.2. Business segments 9.1.3. Product portfolio 9.1.4. Financial performance 9.1.5. Recent developments 9.1.6. SWOT analysis

9.2.1. Overview 9.2.2. Business segments 9.2.3. Product portfolio 9.2.4. Financial performance 9.2.5. Recent developments 9.2.6. SWOT analysis

9.3. PPG Industries, Inc

9.3.1. Overview 9.3.2. Business segments 9.3.3. Product portfolio 9.3.4. Financial performance 9.3.5. Recent developments 9.3.6. SWOT analysis

9.4. Epifanes NA Inc

9.4.1. Overview 9.4.2. Business segments 9.4.3. Product portfolio 9.4.4. Financial performance 9.4.5. Recent developments 9.4.6. SWOT analysis

9.5. Boero Bartolomeo S.p.A

9.5.1. Overview 9.5.2. Business segments 9.5.3. Product portfolio 9.5.4. Financial performance 9.5.5. Recent developments 9.5.6. SWOT analysis

9.6. Alexseal Yacht Coatings

9.6.1. Overview 9.6.2. Business segments 9.6.3. Product portfolio 9.6.4. Financial performance 9.6.5. Recent developments 9.6.6. SWOT analysis

9.7. The Sherwin-Williams Company

9.7.1. Overview 9.7.2. Business segments 9.7.3. Product portfolio 9.7.4. Financial performance 9.7.5. Recent developments 9.7.6. SWOT analysis

9.8. Chugoku Marine Paints Ltd

9.8.1. Overview 9.8.2. Business segments 9.8.3. Product portfolio 9.8.4. Financial performance 9.8.5. Recent developments 9.8.6. SWOT analysis

9.9. Hempel UK Ltd.

9.9.1. Overview 9.9.2. Business segments 9.9.3. Product portfolio 9.9.4. Financial performance 9.9.5. Recent developments 9.9.6. SWOT analysis

9.10. Engineered Marine Coatings LLC

9.10.1. Overview 9.10.2. Business segments 9.10.3. Product portfolio 9.10.4. Financial performance 9.10.5. Recent developments 9.10.6. SWOT analysis

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Yacht Coatings Market Introduction:

Yacht coatings market snapshot.

Yacht Coatings Market

Yacht Coatings Market Dynamics:

Covid-19 impacts on yacht coatings market:, yacht coatings market trends:, yacht coatings market segment analysis:, yacht coatings market regional insights:, yacht coatings market scope: inquire before buying.

Yacht Coatings Market
Details
2022 2023-2029
2018 to 2022 US $ 4.30 Bn.
12.05% US $ 9.31 Bn.
by Chemicals Epoxies Polyurethanes Ethyl silicates Others
by Application Fairing Longboarding High build primer Metal Prep Color matching
by Purpose New build application Crew maintenance & wash down Regular re-coating at designated repair/overhaul intervals

Yacht Coatings Market, by Region

Yacht coatings market, key players are, frequently asked questions:, about this report.

Report ID 83504
Category Material & Chemical
Published Date Sept 2023
Updated Date
Over all Rating
"Rating is based on reviews"
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Home » Chemical & Material » Yacht Coatings Market

global yacht coatings

Global Yacht Coatings Market 2023 - Players, Regions, Product Types, Application & Forecast Analysis

  Chemical & Material          Formats
  Updated: April 2024   4.7  (59)

Introduction of the Yacht Coatings Market

The Yacht Coatings Market is anticipated to experience significant growth between 2024 and 2030, driven by advancements in technologies and the increasing demand. The market includes various types of Yacht Coatings, such as Epoxies, Polyurethanes, & Others. Sales are conducted through multiple channels, including direct sales and distribution networks. The report provides comprehensive insights into regional and global market opportunities, offering detailed analyses of key market segments, trends, and the competitive landscape over the forecast period.

Report Highlights

Market Segmentation: The market is divided into segments based on product types (Epoxies, Polyurethanes, etc) and applications (Interior, Exterior, etc), with insights into sales, revenue, and market share for each segment.

Market Dynamics: Explore the factors propelling market growth, including technological advancements, economic drivers, and challenges. The report employs analytical tools like Porter’s Five Forces to provide a nuanced understanding of market forces.

Competitive Analysis: Understand the strategic moves and innovations of major market players, their market positioning, and competitive strategies. This section offers a detailed look at the strategies and developments shaping the competitive landscape.

The Yacht Coatings Market report presents an in-depth analysis of industry trends and growth prospects, identifying strategic opportunities for businesses to leverage evolving market dynamics.

Yacht Coatings Status & Outlook

Research Methodology

The report offers a detailed examination of the Yacht Coatings Market, analyzing historical, current, and future trends. A rigorous research methodology, including both primary and secondary research along with expert insights, is used to develop precise market forecasts. It takes into account various economic, regulatory, and technological factors influencing the market.

Supply Chain Analysis

The supply chain analysis reviews the flow of goods from suppliers to end-users, highlighting the role of manufacturers, distributors, and retailers. This section identifies opportunities for operational improvements and strategic partnerships to enhance market competitiveness.

Pricing Trends

This section analyzes historical and projected pricing trends, offering valuable insights for businesses to craft competitive pricing strategies. By examining both quantitative data and market sentiment, businesses can optimize pricing models for better market positioning and profitability.

Competitive Landscape & Company Insights

The report delves into a comprehensive evaluation of leading companies in the Yacht Coatings Market, focusing on their products, financial performance, strategic initiatives, and global reach. This section helps stakeholders understand the competitive dynamics and identify areas for collaboration and competition.

The analysis begins with an overview of top companies, assessing their product portfolios and financial health. Key strategic initiatives such as product innovations, market expansions, and partnerships are highlighted. The report includes a SWOT analysis to evaluate strengths, weaknesses, opportunities, and threats, pinpointing areas for growth and improvement. It covers recent developments, partnerships, mergers, acquisitions, and product launches, illustrating the market's dynamic nature. Companies’ regional strategies and market penetration are also examined, offering insights into their geographic and industry influence. The company list can be customized to meet specific client needs, providing tailored insights into the competitive landscape.

Regional and Industry Footprint

This section explores the geographic presence and industry influence of each key player, detailing their operational regions and market sectors served. It provides a comprehensive view of their strategic positioning and market impact.

Import-Export Analysis

The report offers an in-depth import-export analysis across major regions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa, from 2017 to 2023. This section highlights the flow of Yacht Coatings into and out of these regions, examining trade dynamics and identifying key export and import partners. Understanding these trends helps businesses navigate global supply chains and optimize their international trade strategies.

Demand-Supply Gap Analysis

The demand-supply gap analysis provides insights into regional disparities between market demand and supply from 2017 to 2023. It covers North America, Europe, Asia-Pacific, South America, and the Middle East & Africa, highlighting areas with excess demand or surplus supply. By identifying these gaps, companies can target specific regions for growth, address unmet needs, and balance their production and distribution strategies to enhance market presence.

Leading Market Players

The report includes a detailed analysis of both established and emerging companies in the market. It highlights key players based on their innovative capabilities and market influence, such as AkzoNobel, Jotun, PPG, Advanced Marine Coatings, Boero Bartolomeo, Chugoku Marine Paints, Engineered Marine Coatings, Hempel, Kansai Paint, BASF , emphasizing their roles in shaping market trends and dynamics.

Market Segments

Products types analysis.

  • Polyurethanes
  • Ethyl silicates

Applications Analysis

Sales channel analysis.

  • Direct Channel
  • Distribution Channel

Market segment by Region/Country including:

  • North America (United States, Canada, Mexico)
  • Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)
  • South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)
  • Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)

Yacht Coatings Share by Product Types & Application

Scope of Report

Base Year of the Analysis 2023
Historical Period 2017-2022
Forecast Period 2024-2030
Types Covered Epoxies, Polyurethanes, Ethyl silicates, Others
Applications Covered Interior, Exterior
Sales Channels Covered Direct Channel, Distribution Channel
Regions Covered North America, Europe, Asia-Pacific, South America, Middle East and Africa
Countries Covered United States, Canada, Mexico, Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe, China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific, Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America, UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa
Companies Covered AkzoNobel, Jotun, PPG, Advanced Marine Coatings, Boero Bartolomeo, Chugoku Marine Paints, Engineered Marine Coatings, Hempel, Kansai Paint, BASF

Chapter 1 Yacht Coatings Market Overview

1.1 Yacht Coatings Definition

1.2 Global Yacht Coatings Market Size Status and Outlook (2017-2030)

1.3 Global Yacht Coatings Market Size Comparison by Region (2017-2030)

1.4 Global Yacht Coatings Market Size Comparison by Type (2017-2030)

1.5 Global Yacht Coatings Market Size Comparison by Application (2017-2030)

1.6 Global Yacht Coatings Market Size Comparison by Sales Channel (2017-2030)

1.7 Yacht Coatings Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Products Launch, Mergers, Acquisitions, Expansion, Agreement and Collaborations, Partnerships)

1.7.4 COVID-19 Impacts

1.7.5 Russia-Ukraine War Impacts

Chapter 2 Executive Summary

2.1 Global Yacht Coatings Market Snapshot

2.2 Global Yacht Coatings Market Volume & Revenue 2017-2023

2.3 Global Yacht Coatings Market Differential Growth Potential Analysis by Type, 2017-2030 (USD Million)

2.4 Global Yacht Coatings Market Differential Growth Potential Analysis by Application, 2017-2030 (USD Million)

2.5 Global Yacht Coatings Market Differential Growth Potential Analysis by Sales Channels, 2017-2030 (USD Million)

2.6 Global Yacht Coatings Market Differential Growth Potential Analysis by Region, 2017-2030 (USD Million)

Chapter 3 Yacht Coatings Market Segment Analysis by Player

3.1 Global Yacht Coatings Sales and Market Share by Player (2021-2023)

3.2 Global Yacht Coatings Revenue and Market Share by Player (2021-2023)

3.3 Global Yacht Coatings Average Price by Player (2021-2023)

3.4 Players Competition Situation & Trends (2021-2023)

3.5 Conclusion of Segment by Player

Chapter 4 Yacht Coatings Market Segment Analysis by Type

4.1.1 Epoxies

4.1.2 Polyurethanes

4.1.3 Ethyl silicates

4.1.4 Others

Chapter 5 Yacht Coatings Market Segment Analysis by Application

5.1 Global Yacht Coatings Market by Application

5.1.1 Interior

5.1.2 Exterior

5.2 Global Yacht Coatings Revenue and Market Share by Application (2017-2023)

5.3 Leading Consumers of Yacht Coatings by Application in 2023

5.4 Conclusion of Segment by Application

Chapter 6 Yacht Coatings Market Segment Analysis by Sales Channel

6.1 Global Yacht Coatings Market by Sales Channel

6.1.1 Global Yacht Coatings Market, by Direct Channel Market Analysis 2017-2030 (USD Million)

6.1.2 Global Yacht Coatings Market, by Distribution Channel Market Analysis 2017-2030 (USD Million)

6.2 Global Yacht Coatings Revenue and Market Share by Sales Channel (2017-2023)

6.3 Leading Distributors/Dealers of Yacht Coatings by Sales Channel in 2023

6.4 Conclusion of Segment by Sales Channel

Chapter 7 Yacht Coatings Market Segment Analysis by Region

7.1 Global Yacht Coatings Market Size and CAGR by Region (2017-2030)

7.2 Global Yacht Coatings Sales and Market Share by Region (2017-2023)

7.3 Global Yacht Coatings Revenue and Market Share by Region (2017-2023)

7.4 North America

7.4.1 North America Market by Country

7.4.2 North America Yacht Coatings Market Share by Type

7.4.3 North America Yacht Coatings Market Share by Application

7.4.4 United States

7.4.5 Canada

7.4.6 Mexico

7.5.1 Europe Market by Country

7.5.2 Europe Yacht Coatings Market Share by Type

7.5.3 Europe Yacht Coatings Market Share by Application

7.5.4 Germany

7.5.5 United Kingdom

7.5.6 France

7.5.7 Italy

7.5.8 Russia

7.5.9 Spain

7.5.10 Benelux

7.5.11 Poland

7.5.12 Austria

7.5.13 Portugal

7.5.14 Rest of Europe

7.6 Asia-Pacific

7.6.1 Asia-Pacific Market by Country

7.6.2 Asia-Pacific Yacht Coatings Market Share by Type

7.6.3 Asia-Pacific Yacht Coatings Market Share by Application

7.6.4 China

7.6.5 Japan

7.6.6 Korea

7.6.7 India

7.6.8 Southeast Asia

7.6.9 Australia

7.6.10 Taiwan

7.6.11 Rest of Asia Pacific

7.7.1 South America Market by Country

7.7.2 South America Yacht Coatings Market Share by Type

7.7.3 South America Yacht Coatings Market Share by Application

7.7.4 Brazil

7.7.5 Argentina

7.7.6 Colombia

7.7.7 Chile

7.7.9 Venezuela

7.7.10 Rest of South America

7.8 Middle East & Africa

7.8.1 Middle East & Africa Market by Country

7.8.2 Middle East & Africa Yacht Coatings Market Share by Type

7.8.3 Middle East & Africa Yacht Coatings Market Share by Application

7.8.5 Saudi Arabia

7.8.6 South Africa

7.8.7 Egypt

7.8.8 Nigeria

7.9.9 Rest of Middle East & Africa

7.9 Conclusion of Segment by Region

Chapter 8 Profile of Leading Yacht Coatings Players

8.1 AkzoNobel

8.1.1 Company Snapshot

8.1.2 Product/Service Offered

8.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.1.4 Recent Developments

8.2 Jotun

8.2.1 Company Snapshot

8.2.2 Product/Service Offered

8.2.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.2.4 Recent Developments

8.3 PPG

8.3.1 Company Snapshot

8.3.2 Product/Service Offered

8.3.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.3.4 Recent Developments

8.4 Advanced Marine Coatings

8.4.1 Company Snapshot

8.4.2 Product/Service Offered

8.4.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.4.4 Recent Developments

8.5 Boero Bartolomeo

8.5.1 Company Snapshot

8.5.2 Product/Service Offered

8.5.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.5.4 Recent Developments

8.6 Chugoku Marine Paints

8.6.1 Company Snapshot

8.6.2 Product/Service Offered

8.6.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.6.4 Recent Developments

8.7 Engineered Marine Coatings

8.7.1 Company Snapshot

8.7.2 Product/Service Offered

8.7.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.7.4 Recent Developments

8.8 Hempel

8.8.1 Company Snapshot

8.8.2 Product/Service Offered

8.8.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.8.4 Recent Developments

8.9 Kansai Paint

8.9.1 Company Snapshot

8.9.2 Product/Service Offered

8.9.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.9.4 Recent Developments

8.10 BASF

8.10.1 Company Snapshot

8.10.2 Product/Service Offered

8.10.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

8.10.4 Recent Developments

Chapter 9 Upstream and Downstream Analysis of Yacht Coatings

9.1 Industrial Chain of Yacht Coatings

9.2 Upstream of Yacht Coatings

9.2.1 Raw Materials (If Applicable)

9.2.2 Manufacturing Cost Structure (If Applicable)

9.2.3 Manufacturing Process (If Applicable)

9.3 Downstream of Yacht Coatings

9.3.1 Leading Distributors/Dealers of Yacht Coatings

9.3.2 Leading Consumers of Yacht Coatings

Chapter 10. Global Yacht Coatings Market Industry Analysis

10.1. Porter's Five Forces Analysis

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Buyers/Consumers

10.1.3. Bargaining Power of Suppliers

10.1.4. Threat of Substitute Types

10.1.5. Intensity of Competitive Rivalry

10.2. Major Growth Avenues within Global Yacht Coatings Market

10.2.1. Product Types

10.2.2. Applications

10.2.3. Sales Channels

10.2.4. Country

10.3. Yacht Coatings Industry Ecosystem

10.4. Price Trend Analysis (If Applicable)

10.5. Buying Criteria (If Applicable)

10.6. Regulations (If Applicable)

Chapter 11 Development Trend of Yacht Coatings (2023-2030)

11.1 Global Yacht Coatings Market Size (Sales and Revenue) Forecast (2023-2030)

11.2 Global Yacht Coatings Market Size and CAGR Forecast by Region (2023-2030)

11.3 Global Yacht Coatings Market Size and CAGR Forecast by Type (2023-2030)

11.4 Global Yacht Coatings Market Size and CAGR Forecast by Application (2023-2030)

11.5 Global Yacht Coatings Market Size and CAGR Forecast by Sales Channel (2023-2030)

Chapter 12. Import - Export Analysis (If Applicable)

12.1 North America Yacht Coatings Import-Export, 2017 - 2023

12.2 Europe Yacht Coatings Import-Export, 2017 - 2023

12.3 Asia Pacific Yacht Coatings Import-Export, 2017 - 2023

12.4 South America Yacht Coatings Import-Export, 2017 - 2023

12.5 Middle East & Africa Yacht Coatings Import-Export, 2017 - 2023

Chapter 13. Demand-Supply Gap Analysis

13.1 North America Yacht Coatings Demand-Supply, 2017 - 2023

13.2 Europe Yacht Coatings Demand-Supply, 2017 - 2023

13.3 Asia Pacific Yacht Coatings Demand-Supply, 2017 - 2023

13.4 South America Yacht Coatings Demand-Supply, 2017 - 2023

13.5 Middle East & Africa Yacht Coatings Demand-Supply, 2017 - 2023

Chapter 14 Appendix

14.1 Research Methodology

14.2 Data Sources

- Methodology/Research Approach

The research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Table Research Programs/Design

research-designs

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global product market size and estimate the market size for company, regions segments, product segments and application (end users).

The market estimations in this report are based on the marketed sale price of product (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). The percentage splits, market share, and breakdown of the product segments are derived on the basis of weightages assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall product market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major companies from the market are identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top companies; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced frontline staff, directors, CEOs and marketing executives. The percentage splits, market share, growth Rate and breakdown of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from research and presented in the report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Figure Bottom-up and Top-down approaches

Bottom-up and Top-down approaches

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Figure Data Triangulation

Data Triangulation

- Data Source

Secondary sources.

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, Statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS (American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, marketoriented, and commercial study of the Product market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Table Key Data Information from Secondary Sources

Key Data Information from Secondary Sources

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, market (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation types, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Table Key Data Information from Primary Sources

Key Data Information from Primary Sources

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Yacht Coatings Market By Type (Epoxies, Polyurethanes, Ethyl Silicates, others) By Application (Fairing, Surfacing, Final Priming & Sealing, Finishing, Specialty Applications, Topcoat Care & Maintenance, Hull, and others)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

global yacht coatings

  • Description
  • Table of Content
  • Research Scope
  • Key Companies

Yacht Coatings Market held XXX in 2020 and is to grow with a CAGR of XXX from 2020-2030. Yacht body coatings comes under marine coatings, protecting yachts from harsh weather conditions and improving their appearance. Yacht coatings are also regarded as important to increase a vessel's fuel performance and reduce the negative environmental effects. These coatings protect the yachts against abrasion, corrosion and impact. Antifouling coatings is one of the key yacht coating product segments. Yacht coatings have been specifically developed to be esthetic and practical. Like other marine coatings, surface finishing and color options are critical for applications, as the potential buyers seek attractive design and exterior look for net worth individuals.

global yacht coatings

Market Dynamics and Factors:

The yacht coatings market demand is mainly driven by increased yacht purchases and luxury boats and by the rise in the number of high net worth people in emerging economies. In addition, the need to improve yacht performance and reduce emissions is a key factor in boosting the Yacht Coatings market size. These coatings have practical and esthetic features. The rising demand for innovative and distinguished looks and appearance for private yacht and increasing number of sea transportation is also fuelling the market size. This leads to increased study and development of formulations and their composition. However, the enforcement of maritime emission and environmental risk regulations coupled with higher taxes on luxury ships and yachts are factors which hamper the yacht coatings market growth. Increasing investment in the boat building industry, is driving the finishing chemicals such as coatings, moreover, increase in consumer spending, specially for leisure adn luxury travel is driving Yacht Coatings market demand.

Market Segmentation:

Based on the type, the global yacht coatings market is segmented into polyurethanes, ethyl silicates, epoxies,  and others. Depending upon the application, market is classified into surfacing, sealing, fairing, specialty applications, topcoat care & maintenance, finishing, hull, and others. Geographic bifurcation of global interior coatings market share includes North America, Europe, Asia-Pacific, and RoW.

Geographic Analysis:

During the forecast period the market is expected to see an increase in demand. Northern Europe and the Gulf region are projected to show significant growth and will contribute to the global yacht coatings market growth. Italy and several other countries in Western Europe possess strong demand for yachts and luxury boats, which will likely to boost the demand for yacht coatings in Europe. On the other hand, the yacht coatings market in certain countries in Asia Pacific, Middle East & Africa, and Latin America such as Thailand, the UAE, Brazil, Singapore, Malaysia, and Australia is expanding at a significant pace due to the presence of well-established tourism industry in these countries.

Competitive Scenario:

The global yacht coatings market, which is highly competitive, consists of a few major players. In terms of market share, few of the major players currently dominate the global Yacht Coatings market. The key players of global Yacht Coatings market are Jotun, AkzoNobel, Inc, PPG Industries, Boero Bartolomeo S.p.A, Epifanes NA Inc, The Sherwin-Williams Company, Alexseal Yacht Coatings, Hempel UK Ltd. and Chugoku Marine Paints Ltd,

Yacht Coatings Market Report Scope

2020–2030

2021

2022–2030

Billion (USD)

XXX

By  Type (Epoxies, Polyurethanes, Ethyl Silicates, others) By Application (Fairing, Surfacing, Final Priming & Sealing, Finishing, Specialty Applications, Topcoat Care & Maintenance, Hull, and others)

North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa)

Jotun, AkzoNobel, Inc, PPG Industries, Boero Bartolomeo S.p.A, Epifanes NA Inc, The Sherwin-Williams Company, Alexseal Yacht Coatings, Hempel UK Ltd. and Chugoku Marine Paints Ltd,

 

 

TOC REQUEST

KEY MARKET SEGMENTS:

  • Polyurethanes
  • Ethyl Silicates
  •  Water-Borne
  • Solvent-Borne
  • Final Priming & Sealing
  • Specialty Applications
  • Topcoat Care & Maintenance
  • Rest of Europe
  • Rest of Asia Pacific
  • Latin America
  • Middle East

KEY PLAYERS o    Jotun o    AkzoNobel, Inc o    PPG Industries o    Boero Bartolomeo S.p.A  o    Epifanes NA Inc o    The Sherwin-Williams Company o    Alexseal Yacht Coatings o    Hempel UK Ltd. o    Chugoku Marine Paints Ltd,  

Client

Logo

Global Yacht Coatings Inc

117 Amelia Heights Manteo, NC 27954

Global Yacht Coatings Inc principal office address address on map

Principal Address

Mailing address, register office address, register mailing address.

NameGlobal Yacht Coatings Inc
Company TypeBusiness Corporation
CitizenshipDomestic
SosId1365442
StatusCurrent-Active
Date Formed2014-03-05
Annual Report StatusCurrent
Fiscal MonthDecember
Registered AgentMartin, Amanda
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Company Officers

NameTitleAddress
Brett D SmithPresidentPO BOX 694 Manteo NC 27954
View Full Report »

Company Officials

NameTitleAddress

Previous Names

NameType
Global Yacht Coatings IncLegal

Scan QR Code below with qrcode app on your smarthpone to get Global Yacht Coatings Inc data.

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Professions

Shares ClassCommon
Shares Number1
No Par ValueYes

Companies with similar name

NameAddress
9909 Campus Walk Lane, Unit # L Charlotte, NC 28262
120 Jefferson Street Clinton, NC 28328
60 W Fox Chase Road Asheville, NC 28804
3702-1 Hillsborough Rd., Ste. 12 Durham, NC 27705
625 Hertford Rd Winston Sale, NC 27104-1720
3689 Graham Sherron Road Wake Forest, NC 27587
126 Harper Avenue Lenoir, NC 00000
10043 B Revolution Ct Charlotte, NC 28262
9751 Samfurr Road Huntersville, NC 28078
5850 W, Interstate 20, Suite 100 Arlington, TX 76107

Nearby Companies

NameAddress
200 Sir Walter Raleigh Street Manteo, NC 27954
239 Brakewood Rd Manteo, NC 27954
415 Agona St, PO Box 939 Manteo, NC 27954
210 S Highway 64 Manteo, NC 27954
124 Sailfish Drive Manteo, NC 27954-9120
798 State Road 345 Manteo, NC 27954
343 Skyco Road Wanchese, NC 27981
212 Roosevelt Street Manteo, NC 27954
140 Roanoke Trail Manteo, NC 27954
115 Elizabeth Dr Manteo, NC 27954

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Global Yacht Coatings Market Recent Trends, In-depth Analysis, Size and Forecast To 2027

Status: Published

Categories: Chemical & Materials

Report Code : CH35925

No. of Pages : 147

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global yacht coatings

AkzoNobel plays it cool as Russian building shapes up for top award

A futuristic “pyramid” in Moscow which uses low solar absorption powder coatings supplied by AkzoNobel has won a major architecture award.

Matrex, located in the city’s Skolkovo Business and Technology Park, has scooped a prestigious Architzer A+ Award from the global architectural community. The unique structure is coated in Black Onyx from Interpon’s D2525 Eco portfolio, a range of heat-reflective coatings which can bounce the sun’s rays back off the exterior of a building.

“We're delighted to be part of a project which has won such a major award,” says Daniela Vlad, Managing Director of AkzoNobel's Powder Coatings business. “We pride ourselves on being able to meet the increasing demand for sustainable coatings so that we can deliver customer benefits, societal benefits and environmental benefits. The special thing about Interpon D2525 Eco is its ability to keep buildings cooler, which can make an important contribution to reducing the urban heat island effect.”

global yacht coatings

Adds Jean-Paul Moonen, AkzoNobel Powder Coatings’ Global Segment Manager for Architecture: “Like most cities, Moscow is warming up much quicker than the surrounding land, and products like Interpon D2525 Eco can make a big difference. For example, the temperature increase in the city due to the urban heat island effect can be up to 2 °C. It might not sound like much, but it can cause a significant spike in dehydration or heat stroke for city dwellers.”

He explains that in a controlled test, our heat reflective pigments were shown to keep a roof 7 °C cooler than one coated without the heat reflection technology. Meanwhile, the temperature inside was 3 °C lower, reducing the demand for energy to power fans and air conditioning units.

A mixed-use commercial building, Matrex was designed by visionary Russian architect Boris Bernaskoni. His monolithic, pyramidal structure is clad in glass. It hides a much softer, curvier interior, which can only be clearly seen at night, when the building is dramatically illuminated from within. It’s one of many iconic green buildings around the world that benefit from the company’s extensive range of world class powder coatings.

For more details, visit  www.interpon.com

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  1. AkzoNobel Yacht Coatings solidifies its world of global brands through

    global yacht coatings

  2. Global Brand Campaign Created for AkzoNobel Yacht Coatings by Meijer

    global yacht coatings

  3. Global Yacht Coatings Market 2024-2030

    global yacht coatings

  4. Global Yacht Coatings Market Strategics Key Players 2020

    global yacht coatings

  5. Alexseal Yacht Coatings

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  6. AkzoNobel Yacht Coatings: That Feeling

    global yacht coatings

COMMENTS

  1. Global Yacht Coatings, Inc.

    Global Yacht Coatings, Inc., Manteo, North Carolina. 956 likes · 4 were here. Global specializes in fairing, finishing and a wide range of coating applications within the marine industry.

  2. Yacht Coatings Market Size to Worth $9.9 Billion by 2032

    The small yacht (from 10 to 24 meters) sub-segment accounted for the largest global yacht coatings market share of 61.6% in 2022 and is expected grow at the highest CAGR of 6.6% during the ...

  3. Marine, Protective and Yacht coatings

    Marine, Protective and Yacht coatings. For more than 140 years, we've been protecting and beautifying our customers' assets - both in and out of the water. Our leading brands, International (Interlux in North America), Sea Hawk and Awlgrip, are renowned for state-of-the-art coatings able to perform in the earth's harshest environments.

  4. Yacht Coatings Competitor Analysis Report

    The Global Yacht Coatings Market size was estimated at USD 3,509. 26 Million in 2020 and expected to reach USD 3,755. 47 Million in 2021, at a Compound Annual Growth Rate (CAGR) 7. 35% to reach ...

  5. Yacht Coatings Market Share, Size

    The global yacht coatings market size was valued at $5.5 billion in 2022, and is projected to reach $9.9 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032. Yacht coatings play a crucial role in safeguarding the exterior surfaces of boats, providing protection against corrosion, fouling, and erosion.

  6. Global Yacht Coatings Market by Chemical (Epoxy, Ethyl Silicate

    global yacht coatings market size, by polyurethane, by region, 2018-2023 (usd million) table 14. global yacht coatings market size, by polyurethane, by region, 2024-2030 (usd million) table 15. global yacht coatings market size, by product type, 2018-2023 (usd million) table 16. global yacht coatings market size, by product type, 2024-2030 (usd ...

  7. Yacht Coatings Market By Type, By Size: Global Opportunity Analysis and

    The global yacht coating market is anticipated to reach $9.9 billion by 2032, growing from $5.5 billion in 2022 at a CAGR of 6.3% from 2023 to 2032. Yacht coatings are essential components in the maritime industry, offering functionalities and advantages similar to marine coating systems used on ships and offshore structures. These coatings ...

  8. Yacht Coatings Market Size, Share, Growth Analysis by 2032

    The global yacht coatings market size was $5,468.2 million in 2022 and is predicted to grow with a CAGR of 6.3%, by generating a revenue of $9,877.1 million by 2032. Source: Research Dive Analysis. COVID-19 Impact on the Global Yacht Coatings Market. The yacht coatings market has experienced substantial effects due to the widespread impact of ...

  9. The Global Yacht Coatings Market is expected to grow from

    The Global Yacht Coatings Market is expected to grow from USD 3,142.12 Million in 2018 to USD 5,012.12 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 6.89%

  10. Yacht Coatings Market: Global Industry Analysis and Forecast

    Global Yacht Coatings Market, by Application (2022-2029) • Fairing • Longboarding • High build primer • Metal Prep • Color matching 4.3. Global Yacht Coatings Market, by Purpose (2022-2029) • New build application • Crew maintenance & wash down • Regular re-coating at designated repair/overhaul intervals 5.

  11. Global Yacht Coatings Market 2023

    The Yacht Coatings Market is anticipated to experience significant growth between 2024 and 2030, driven by advancements in technologies and the increasing demand. The market includes various types of Yacht Coatings, such as Epoxies, Polyurethanes, & Others. Sales are conducted through multiple channels, including direct sales and distribution ...

  12. Yacht Coatings Market Outlook: Anticipated Growth Trends and ...

    Published Jun 21, 2024. "Yacht Coatings Market Analysis: Trends, Insights, and Forecast 2024-2032". "The global Yacht Coatings market looks promising in the next 5 years. As of 2022, the global ...

  13. Global Yacht Coatings (@globalyachtcoatings)

    242 Followers, 264 Following, 134 Posts - Global Yacht Coatings (@globalyachtcoatings) on Instagram: "[email protected]"

  14. Yacht Coatings Market

    Global Yacht Coatings comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024 - 2032. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the ...

  15. Yacht Coatings Market Size, Share, Growth, Industry Forecast till 2030

    The key players of global Yacht Coatings market are Jotun, AkzoNobel, Inc, PPG Industries, Boero Bartolomeo S.p.A, Epifanes NA Inc, The Sherwin-Williams Company, Alexseal Yacht Coatings, Hempel UK Ltd. and Chugoku Marine Paints Ltd, Yacht Coatings Market Report Scope. Report Attribute. Details. Analysis Period. 2020-2030.

  16. Global Yacht Coatings Inc

    Global Yacht Coatings Inc was formed on Wednesday 5th March 2014, so this company age is ten years, four months and twenty-seven days. This company status is currently current-active . Principal office address of Global Yacht Coatings Inc is 117 Amelia Heights Manteo, NC 27954. This address coordinates are: 35° 54' 28.3" N , 75° 41' 9.3" W.

  17. Global Yacht Coatings Market Recent Trends, In-depth Analysis, Size and

    The research team projects that the Yacht Coatings market size will grow from XXX in 2019 to XXX by 2026, at an estimated CAGR of XX. The base year considered for the study is 2019, and the market size is projected from 2020 to 2026. ... The business consulting firm Global Market Vision offers action-ready market research reports, custom market ...

  18. Global Yacht Coatings Market Size, Share, Growth, Demand ...

    The global yacht coatings market is expected to reach around $9.9 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032 . Yacht coatings play a vital role in protecting the exterior surfaces…

  19. Marine Coating Industry Valuation Multiple Peaking Record High

    The overall Marine Coating market size is calculated using the market estimation process, the Marine Coating market was further split into various segments and sub-segments. To complete the overall market engineering and arrive at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have ...

  20. AkzoNobel

    We've been pioneering a world of possibilities to bring surfaces to life for well over 200 years. As experts in making coatings, there's a good chance you're only ever a few meters away from one of our products. Our world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. We're active in more than 150 ...

  21. ExpoCoating Moscow

    coatings application and electroplating 22-24 October 2024 Pavilion 1, Hall 2, Crocus Expo, Moscow, Russia Get e-ticket Book a stand. Get e-ticket. Book a stand at ExpoCoating Moscow 2024. Benefits of exhibiting. Photogallery ExpoCoating Moscow 2023. Book you stand at ExpoCoating Moscow 2024 ...

  22. AkzoNobel plays it cool as Russian building shapes up for top award

    October 30, 2019. A futuristic "pyramid" in Moscow which uses low solar absorption powder coatings supplied by AkzoNobel has won a major architecture award. Matrex, located in the city's Skolkovo Business and Technology Park, has scooped a prestigious Architzer A+ Award from the global architectural community. The unique structure is ...

  23. BASF

    Na BASF criamos química para um futuro sustentável. Conjugamos o sucesso económico com a responsabilidade social e a proteção do meio ambiente.

  24. Moscow's Spies Were Stealing US Tech

    One day at the dawn of the 1980s, an FBI agent in his 30s named Rick Smith walked into the Balboa Café, an ornate, historic watering hole in San Francisco's leafy Cow Hollow neighborhood.

  25. ExpoCoating Moscow

    17 November 2023 News. On October 24-26, 2023 ExpoCoating Moscow exhibition was successfully held in Moscow, Russia. ExpoCoating Moscow is a key specialized international exhibition of materials and equipment for surface treatment, coating and electroplating industries. ExpoCoating Moscow is organized by International Exhibition Company (MVK).