Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.13 Billion | USD 10.93 Billion | 6.1% | 2024 |
FrequentlyAsked Questions
Marine coatings are specialized paints and protective finishes designed to protect ships, boats, offshore structures, and other marine equipment from harsh sea conditions like saltwater corrosion, fouling (marine organism buildup), UV rays, and abrasion.
The global marine coatings market is expected to grow due to rising shipbuilding activities, increasing demand for corrosion-resistant coatings, and growing regulatory focus on eco-friendly marine coatings.
According to a study, the global marine coatings market size was worth around USD 6.13 Billion in 2024 and is expected to reach USD 10.93 Billion by 2034.
The global marine coatings market is expected to grow at a CAGR of 6.1% during the forecast period.
Asia-Pacific is expected to dominate the marine coatings market over the forecast period.
Leading players in the global marine coatings market include PPG Industries (US), AkzoNobel (Netherlands), Hempel (Denmark), Sherwin-Williams (US), Jotun (Norway), Chugoku Marine Paints (Japan), Nippon Paint (Japan), Kansai Paint (Japan), Axalta (US), and BASF Coatings (Germany); and ship building industries such a, among others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed