Flourishing Shipbuilding Industry in Asia Pacific Drives Demand for Marine Coatings, Global Market to Be Worth Us$11.8 Bn by 2020

Transparency Market

Research

Marine Coatings Market - Global Industry

Analysis 2014-2020

Published Date

22-Oct-2014

95 Page Report

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Press Release

Flourishing Shipbuilding Industry in Asia Pacific Drives Demand for Marine

Coatings, Global Market to be worth US$11.8 bn by 2020:TMR

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Marine Coatings Market

REPORT DESCRIPTION

Marine Coatings (Anti-Fouling Coatings, Anti-Corrosion Coatings,

Foul Release Coatings and Other Marine Coatings) Market for

Coastal, Containers, Deep Sea, Leisure Boats, Offshore Vessels and

Other Applications - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2014 - 2020

The latest report published by the market research firm Transparency Market Research, titled “Marine

Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, is a

professional and in-depth study of the global marine coatings market..

The report provides historical data for 2013 and presents projections for the years between 2014 and 2020.

The report presents an overview of the key driving and restraining factors of the marine coatings market, along

with an overview of the key trends of the past and those of the current times, and analyzes their impact on the

market’s overall development.

The report states that the market, which had a valuation of US$7.65 bn in 2013, will grow at a healthy 6.5%

CAGR between 2014 and 2020 and rise to US$11.88 bn by 2020. The report credits expanding global marine

trade activities for the market’s healthy growth prospects. Rising ship repair and maintenance activities are

also projected to present growth opportunities to the global marine coatings market in the near future, states

the report. The report segments the global marine coatings market on the basis of three broad criteria:...