According to a market report by Lucintel, the future of the global hull coating market looks promising with opportunities in the vessel, liquefied natural gas carrier, bulk carrier, crude oil tanker, cruise vessel, and rig markets. The global hull coating market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are rising implementation of better environment regulations and increasing environmental awareness across the globe.
A more than 150-page report to understand trends, opportunity and forecast in hull coating market to 2030 by type (self-polishing coatings (SPCs), biocide-free fouling release coatings (FRCs), and others), application (vessels, liquefied natural gas carriers, bulk carriers, crude oil tankers, cruise vessels, rigs, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that self-polishing coatings (SPCs) will remain the larger segment over the forecast period as it is mostly used in the marine ship coating.
Within this market, vessels will remain the largest segment due to increasing offshore crude oil production.
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APAC will remain the largest region over the forecast period due to availability of less cost labors and increasing hull construction projects in China, Japan, and India.
Akzo Nobel, BASF, Boero Bartolomeo, GS Coatings, Sherwin-Williams, Henkel, PPG Industries are the major suppliers in the hull coating market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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