Leisure Boat Marine Coating Market
PUBLISHED: 2021 ID: SMRC20475
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Leisure Boat Marine Coating Market

Leisure Boat Marine Coating Market Forecasts to 2028 – Global Analysis By Product (Anti-Fouling Coatings, Anti-Corrosion Coatings, Foul Release Coatings), Application (Yachts, Vessels, Tankers) and By Geography

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4.3 (73 reviews)
Published: 2021 ID: SMRC20475

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Leisure Boat Marine Coating Market is accounted for $1.31 billion in 2020 and is expected to reach $2.52 billion by 2028 growing at a CAGR of 8.5% during the forecast period. The rising number of high net worth individuals (HNWI) across the globe, increasing per capita income of the individual, and growing interest of people in participating in various recreational activities are driving the market growth. However, the price volatility of leisure boat marine coating materials is hampering the growth of the market.

Leisure boats need special coatings for protection against deterioration as well as aesthetic enhancement. They protect the hulls of ships from corrosion and foul formations and hence boost a boat’s performance and life. The common substances used in the paints such as water paints, poppy oil, and linseed oil provide a high-class finish, attractive color, and make the material long-lasting.

Based on the product, the anti-fouling segment is going to have lucrative growth during the forecast period owing to the rising number of leisure boats worldwide and the development of products that have a lower environmental impact and the high prices of foul release product types which are a substitute for anti-fouling coatings. By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing recreational boats demand in developing countries, the rapid growth of tourism in South East Asian countries, which in turn, increasing the demand for recreational boats and the rising number of high-income individuals in China and Japan.

Some of the key players profiled in the Leisure Boat Marine Coating Market include Kansai Paint, Sherwin-Williams, RPM International Inc, Axalta Coating Systems, Nippon Paint, BASF Coatings GmbH, KCC Corporation, Jotun, Hempel Group, DuPont Coatings & Color Technologies, CHUGOKU MARINE PAINTS, Katradis Marine Ropes Industry S.A., Baril Coatings, MCU-Coatings, AkzoNobel and PPG Industries. 

Products Covered:
• Anti-Fouling Coatings
• Anti-Corrosion Coatings
• Foul Release Coatings 

Applications Covered:
• Yachts
• Vessels
• Tankers    

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary            
              
2 Preface      
       
 2.1 Abstract            
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology          
  2.4.1 Data Mining          
  2.4.2 Data Analysis           
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions          
              
3 Market Trend Analysis           
 3.1 Introduction           
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats            
 3.6 Product Analysis           
 3.7 Application Analysis          
 3.8 Emerging Markets           
 3.9 Impact of Covid-19           
              
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry           
              
5 Global Leisure Boat Marine Coating Market, By Product        
 5.1 Introduction           
 5.2 Anti-Fouling Coatings          
 5.3 Anti-Corrosion Coatings          
 5.4 Foul Release Coatings          
              
6 Global Leisure Boat Marine Coating Market, By Application        
 6.1 Introduction           
 6.2 Yachts            
 6.3 Vessels            
 6.4 Tankers            
              
7 Global Leisure Boat Marine Coating Market, By Geography        

 7.1 Introduction           
 7.2 North America           
  7.2.1 US           
  7.2.2 Canada           
  7.2.3 Mexico           
 7.3 Europe            
  7.3.1 Germany           
  7.3.2 UK            
  7.3.3 Italy           
  7.3.4 France           
  7.3.5 Spain           
  7.3.6 Rest of Europe          
 7.4 Asia Pacific           
  7.4.1 Japan           
  7.4.2 China           
  7.4.3 India           
  7.4.4 Australia            
  7.4.5 New Zealand          
  7.4.6 South Korea          
  7.4.7 Rest of Asia Pacific          
 7.5 South America           
  7.5.1 Argentina          
  7.5.2 Brazil           
  7.5.3 Chile           
  7.5.4 Rest of South America          
 7.6 Middle East & Africa          
  7.6.1 Saudi Arabia          
  7.6.2 UAE           
  7.6.3 Qatar           
  7.6.4 South Africa          
  7.6.5 Rest of Middle East & Africa         
              
8 Key Developments            
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 8.2 Acquisitions & Mergers          
 8.3 New Product Launch          
 8.4 Expansions           
 8.5 Other Key Strategies          
              
9 Company Profiling            
 9.1 Kansai Paint           
 9.2 Sherwin-Williams           
 9.3 RPM International Inc          
 9.4 Axalta Coating Systems          
 9.5 Nippon Paint           
 9.6 BASF Coatings GmbH          
 9.7 KCC Corporation           
 9.8 Jotun             
 9.9 Hempel Group           
 9.10 DuPont Coatings & Color Technologies         
 9.11 CHUGOKU MARINE PAINTS          
 9.12 Katradis Marine Ropes Industry S.A.         
 9.13 Baril Coatings           
 9.14 MCU-Coatings           
 9.15 AkzoNobel           
 9.16 PPG Industries           


List of Tables             
1 Global Leisure Boat Marine Coating Market Outlook, By Region (2019-2028) ($MN)      
2 Global Leisure Boat Marine Coating Market Outlook, By Product (2019-2028) ($MN)      
3 Global Leisure Boat Marine Coating Market Outlook, By Anti-Fouling Coatings (2019-2028) ($MN)    
4 Global Leisure Boat Marine Coating Market Outlook, By Anti-Corrosion Coatings (2019-2028) ($MN)    
5 Global Leisure Boat Marine Coating Market Outlook, By Foul Release Coatings (2019-2028) ($MN)    
6 Global Leisure Boat Marine Coating Market Outlook, By Application (2019-2028) ($MN)     
7 Global Leisure Boat Marine Coating Market Outlook, By Yachts (2019-2028) ($MN)      
8 Global Leisure Boat Marine Coating Market Outlook, By Vessels (2019-2028) ($MN)      
9 Global Leisure Boat Marine Coating Market Outlook, By Tankers (2019-2028) ($MN)      
10 North America Leisure Boat Marine Coating Market Outlook, By Country (2019-2028) ($MN)      
11 North America Leisure Boat Marine Coating Market Outlook, By Product (2019-2028) ($MN)     
12 North America Leisure Boat Marine Coating Market Outlook, By Anti-Fouling Coatings (2019-2028) ($MN)   
13 North America Leisure Boat Marine Coating Market Outlook, By Anti-Corrosion Coatings (2019-2028) ($MN)   
14 North America Leisure Boat Marine Coating Market Outlook, By Foul Release Coatings (2019-2028) ($MN)   
15 North America Leisure Boat Marine Coating Market Outlook, By Application (2019-2028) ($MN)    
16 North America Leisure Boat Marine Coating Market Outlook, By Yachts (2019-2028) ($MN)     
17 North America Leisure Boat Marine Coating Market Outlook, By Vessels (2019-2028) ($MN)     
18 North America Leisure Boat Marine Coating Market Outlook, By Tankers (2019-2028) ($MN)     
19 Europe Leisure Boat Marine Coating Market Outlook, By Country (2019-2028) ($MN)     
20 Europe Leisure Boat Marine Coating Market Outlook, By Product (2019-2028) ($MN)     
21 Europe Leisure Boat Marine Coating Market Outlook, By Anti-Fouling Coatings (2019-2028) ($MN)    
22 Europe Leisure Boat Marine Coating Market Outlook, By Anti-Corrosion Coatings (2019-2028) ($MN)    
23 Europe Leisure Boat Marine Coating Market Outlook, By Foul Release Coatings (2019-2028) ($MN)    
24 Europe Leisure Boat Marine Coating Market Outlook, By Application (2019-2028) ($MN)     
25 Europe Leisure Boat Marine Coating Market Outlook, By Yachts (2019-2028) ($MN)      
26 Europe Leisure Boat Marine Coating Market Outlook, By Vessels (2019-2028) ($MN)     
27 Europe Leisure Boat Marine Coating Market Outlook, By Tankers (2019-2028) ($MN)     
28 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Country (2019-2028) ($MN)     
29 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Product (2019-2028) ($MN)     
30 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Anti-Fouling Coatings (2019-2028) ($MN)    
31 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Anti-Corrosion Coatings (2019-2028) ($MN)    
32 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Foul Release Coatings (2019-2028) ($MN)    
33 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Application (2019-2028) ($MN)     
34 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Yachts (2019-2028) ($MN)     
35 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Vessels (2019-2028) ($MN)     
36 Asia Pacific Leisure Boat Marine Coating Market Outlook, By Tankers (2019-2028) ($MN)     
37 South America Leisure Boat Marine Coating Market Outlook, By Country (2019-2028) ($MN)     
38 South America Leisure Boat Marine Coating Market Outlook, By Product (2019-2028) ($MN)     
39 South America Leisure Boat Marine Coating Market Outlook, By Anti-Fouling Coatings (2019-2028) ($MN)   
40 South America Leisure Boat Marine Coating Market Outlook, By Anti-Corrosion Coatings (2019-2028) ($MN)   
41 South America Leisure Boat Marine Coating Market Outlook, By Foul Release Coatings (2019-2028) ($MN)    
42 South America Leisure Boat Marine Coating Market Outlook, By Application (2019-2028) ($MN)    
43 South America Leisure Boat Marine Coating Market Outlook, By Yachts (2019-2028) ($MN)     
44 South America Leisure Boat Marine Coating Market Outlook, By Vessels (2019-2028) ($MN)     
45 South America Leisure Boat Marine Coating Market Outlook, By Tankers (2019-2028) ($MN)     
46 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Country (2019-2028) ($MN)    
47 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Product (2019-2028) ($MN)    
48 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Anti-Fouling Coatings (2019-2028) ($MN)   
49 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Anti-Corrosion Coatings (2019-2028) ($MN)   
50 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Foul Release Coatings (2019-2028) ($MN)   
51 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Application (2019-2028) ($MN)    
52 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Yachts (2019-2028) ($MN)    
53 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Vessels (2019-2028) ($MN)    
54 Middle East & Africa Leisure Boat Marine Coating Market Outlook, By Tankers (2019-2028) ($MN)    

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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