This research report will give you deep insights about the Antifouling Yacht Coatings Market
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Due to the global widespread of COVID-19, the tourism industry was adversely affected. This has influenced the use of the yacht, thereby raising the need to prevent the growth of marine species in the yacht, which is expected to fuel market growth. In addition, anti-fouling coatings prevent corrosion from eroding on the surface, which is necessary to protect the outer shell surface. As a result of the ban on Tributyltin (TBT), copper-based antifouling yacht coatings are widely used as alternatives. Availability, efficiency, and relative cost-effectiveness compared to biocides are driving demand for copper-based anti-fouling yacht coatings. Restrictions on the use of copper-based anti-fouling yacht coatings can further affect the growth of the market in the coming years. For example, according to the National Marine Manufacturers Association (NMMA), Washington, U.S., has issued a ban on anti-fouling coatings containing more than 0.5% copper for recreational craft, and the regulation is scheduled to be effective until January 2026.
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The "Global Antifouling Yacht Coatings Market Analysis to 2027" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the antifouling yacht coatings market with detailed market segmentation by type, application, and geography. The global antifouling yacht coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading antifouling yacht coatings market players and offers key trends and opportunities in the market.
The key players profiled in this study includes
- Akzo Nobel N.V.
- PPG Industries
- The Sherwin Williams Company
- BASF SE
- Nippon Paint Marine Coatings
- Altex Coatings Ltd.
- DuPont de Nemours Inc
- Hempel AS
- Jotun AS
- Kansai Paint Co. Ltd.
The state-of-the-art research on Antifouling Yacht Coatings Market
current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.
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- Five Major Regions (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)
- Market Information for 10 Years (2017 & 2018 – Historic Years, 2019 – Base Year and 2020-2027 Forecast Period)
- Key Industry Dynamics including factors that are driving the Market, Prevailing Deterrent, Potential Opportunities as Well as Future Trends.
- Ten Company Profiles (these are not just Major Players but a Mix of Leading, Emerging Players, Market Disruptors, Niche Market Players, etc.)
- Industry Landscape Analysis
- Analysis of COVID-19 Impact on this market at Global and Regional Level.
A thoroughgoing evaluation of the market restrains included in the report which represents the difference to drivers of the market and gives scope for strategic insights and developments. The research study has amalgamated the growth analysis of different aspects that enhance the market growth scenario. It constitutes key market drivers, restraints and trends that transform the market in either a positive or negative manner.
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