Dry Docking Coatings Market Plying for Significant Growth | 2025
Dry
docking coatings are applied during the dry docking of a vessel.
These coatings help increase the longevity of the vessel by
protecting them from harsh weather conditions, fouling, etc. The
marine industry comprises bulk tankers and carriers, cargo ships,
cruise ships, and container ships. Dry docking coatings are also
considered vital in enhancing the fuel efficiency of a vessel and
decreasing the impact on the environment. The new shipbuilding
industry is expanding at a sluggish pace. Therefore, demand for dry
docking coatings market during ship repair and maintenance activities
is likely to boost the market during the forecast period.
Read
Report Overview @
Based
on type of product, the dry docking coatings market can be classified
into anti-fouling, anti-corrosion, foul release coatings,
self-cleaning coatings, and others. The anti-fouling segment has been
dominating the global dry docking coatings market since the last few
years. These coatings are primarily consumed during ship repair and
maintenance activities. Anti-fouling coatings offer protection to the
surface from fouling organisms. Increase in ship repair and
maintenance activities in various regions across the globe is
projected to boost the demand for anti-fouling coatings during the
forecast period. In terms of volume, the anti-corrosion segment also
held key share of the market in 2016.
Dry
Docking Coatings Market offer protection to the surface from
abrasion, corrosion, and impact. Foul release coating is one of the
popular dry docking coatings in the maritime industry. Foul release
coatings are biocide-free and environmentally compatible. Demand for
other dry docking coatings market such as self-cleaning and
self-polishing coatings is likely to be stable during the forecast
period.
The
dry docking coatings market can also be segmented based on resin into
epoxy, silicone, acrylate, and others. Epoxy based coatings are
widely used in the manufacture of dry docking coatings. Each of these
resins has a particular advantage and specification of use. Silicone
resins are largely used to manufacture foul-release coatings as they
have the property to create very fine and smooth surface, thus making
it difficult for fouling agents to adhere to the hull surface.
Deep-sea application accounted for the key share in terms of demand
in 2016. Based on application, the market can be divided into
coastal, containers, deep sea, leisure boats, offshore vessels, and
other applications. Dry docking coatings protect ships and vessels
from corrosion and fouling organisms.
Deep-sea
applications require higher protection during the repair and
maintenance stages. Offshore vessels and leisure boats are also among
the major applications of dry docking coatings. Demand for dry
docking coatings market in containers and deep-sea applications is
anticipated to rise due to the increase in marine trading and
logistics activities. Deep-sea is anticipated to be among the rapidly
growing segments of the dry docking coatings market during the
forecast period. Other applications for dry docking coatings comprise
icebreakers, research vessels, and riverboats.
In
terms of demand, Asia Pacific is anticipated to account for a
significant share of the global dry docking coatings market. The
region is estimated to be followed by Europe. Demand for dry docking
coatings market in Europe is rising due to the increase in demand
during ship repair and maintenance activities. North America is
expected to experience sluggish demand for dry docking coatings
market during the forecast period. Latin America is likely to exhibit
potential growth for dry docking coatings market in the next few
years. Expansion in the maritime industry in Brazil, Mexico, Saudi
Arabia, and South Africa has is a key factor boosting the demand for
dry docking coatings market in Latin America and Middle East &
Africa.
Request
to view Sample Report:
Prominent
companies operating in the dry docking coatings market include Akzo
Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Chugoku
Marine Paints Ltd., and Sherwin-Williams Company.
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel:
+1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Comments
Post a Comment