The report on the global antifouling coatings market provides qualitative and quantitative analysis for the period from 2016 to 2024. The report predicts the global antifouling coatings market to grow with a CAGR of 7.9% over the forecast period from 2018-2024. The study on antifouling coatings market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2016 to 2024.
The report on antifouling coatings market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global antifouling coatings market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global antifouling coatings market over the period of 2016 to 2024. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers

  • Demand for the antifouling coatings market is driven by the need for the fuel savings and to prevent the ships from the corrosion
  • Development of low emission coatings
  • Growing shipbuilding and marine logistics business
  • Increase in drilling activities across the oil & gas fields and increasing ownership of leisure boats

2) Restraints

  • Substitutes such as electrolytic system, ultrasonic and electro-chlorination

3) Opportunities

  • A growing number of marine and naval vessels coupled with the development of new innovative coatings

Research methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global antifouling coatings market is segmented on the basis of type, and applications.

The Global Antifouling Coatings Market by Type

  • Copper Based
  • Copper Based
  • Hybrid
  • Others

The Global Antifouling Coatings Market by Applications

  • Shipping Vessels
  • Drilling Rigs & Production Platforms
  • Boats
  • ·Fishing Boats
  • ·Leisure Boats
  • Naval Ships
  • Inland Waterways
  • Others (including Aquaculture Nets and Anchors)

Company Profiles
The companies covered in the report include

  • Akzonobel N.v.
  • Advance Marine Coatings As
  • Hempel
  • Jotun
  • The Sherwin-williams Company
  • PPG Industries, Inc.
  • Chugoku Marine Paints, Ltd.
  • Archer Daniels Midland Company
  • Nippon Paint Holdings Co., Ltd.

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the antifouling coatings market.
2. Complete coverage of all the segments in the antifouling coatings market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in the global antifouling coatings market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.