An exciting new study from the team of Lucintel found that antifouling paint and coating market is expected to grow with a CAGR of 9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The antifouling paint and coating market is segmented based on product type, application, and region. In this market, copper-based is expected to remain the largest product type, and shipping vessels segment is expected to remain the largest application. Players can benefit from the available opportunities like growth in ship building activities in China, Korea, and Japan.
Akzo Nobel N.V., Hempel A/S, BASF SE, PPG Industries, The Sherwin-Williams Company, Jotun, and Chugoku Marine Paints, Ltdare some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global antifouling paint and coating market by product type (copper-based, self-polishing copolymer, hybrid, and others), application (shipping vessels, drilling rigs & production platforms, fishing boats, yachts & other boats, inland waterways transport, and mooring lines), and region (North America, Asia Pacific, Europe, and RoW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the antifouling paint and coating market?
Q.4 What are some changing demands of customers in the antifouling paint and coating market?
Q.5 What are the new developments in the antifouling paint and coating market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this antifouling paint and coating area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this antifouling paint and coating market?
This unique report from Lucintel 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 click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.