Market Overview

The Global Marine Anti-Fouling Coatings Market was valued at USD 6,960.8 million in 2023 and is expected to reach USD 13,349.3 million by 2031 while growing at a CAGR of 8.5% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global marine anti-fouling coatings market growth. Marine anti-fouling coatings are specialized paints applied to the underwater surfaces of ships and marine structures, preventing the attachment of fouling organisms like barnacles, algae, mollusks, and bacteria. This protection is crucial to avoid increased drag, reduced fuel efficiency, and corrosion, preserving the overall performance and lifespan of marine vessels and structures.

Increasing shipbuilding activities, biosecurity concerns, and regulatory compliance propel the growth of the marine anti-fouling coatings market. Nevertheless, obstacles like environmental concerns, regulatory pressures, and high initial and maintenance costs could impede market expansion.

Furthermore, the global marine anti-fouling coatings industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Marine Anti-Fouling Coatings Market is segmented among Copper-based, Self-polishing (Silver-based), Hybrid, and Other Types, based on Type. In 2023, Self-polishing (Silver-based) accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Marine Anti-Fouling Coatings Market is segmented among Hull Coatings, Tank Coatings, and Other Applications, based on Application. In 2023, Tank Coatings accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Marine Anti-Fouling Coatings Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Akzo Nobel N.V., Axalta Coatings Systems, BASF SE, Boero, Chugoku Marine Paints, Ltd., Hempel A/S, Jotun, Kansai Paint Co. Ltd., Lanxess, and Nippon Paint Marine Coatings Co. Ltd.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Marine Anti-Fouling Coatings Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Marine Anti-Fouling Coatings Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Marine Anti-Fouling Coatings Market Segmentation, By Type 

• Global Marine Anti-Fouling Coatings Market Share Analysis, By Type 

• Global Marine Anti-Fouling Coatings Market Growth Analysis, By Type 

• Global Marine Anti-Fouling Coatings Market Trends, By Type 

o Copper-based

o Self-polishing (Silver-based)

o Hybrid

o Other Types

6. Global Marine Anti-Fouling Coatings Market Segmentation, By Application

• Global Marine Anti-Fouling Coatings Market Share Analysis, By Application 

• Global Marine Anti-Fouling Coatings Market Growth Analysis, By Application 

• Global Marine Anti-Fouling Coatings Market Trends, By Application

o Hull Coatings

o Tank Coatings

o Other Applications

7. Global Marine Anti-Fouling Coatings Market Segmentation, By Region

• Global Marine Anti-Fouling Coatings Market Share Analysis, By Region

• Global Marine Anti-Fouling Coatings Market Growth Analysis, By Region

• Global Marine Anti-Fouling Coatings Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Akzo Nobel N.V*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Axalta Coatings Systems 

• BASF SE

• Boero

• Chugoku Marine Paints, Ltd.

• Hempel A/S

• Jotun

• Kansai Paint Co. Ltd.

• Lanxess

• Nippon Paint Marine Coatings Co. Ltd

 *Similar analysis will be provided for each company listed above.