Marine Coatings Market: increasing use of ships and corrosion in sea environment boosting demand for ship paint through 2020.

Hyderabad, 29/07/2016 (informazione.it - comunicati stampa - scienza e tecnologia) The salt water is a hostile agent that encourages corrosion of the ship hull. Moreover, without coating, it takes very less time for the unwanted organisms to settle on the hull of the boats and ships. Hence, marine paints and coatings are applied to commercial & military ships, fixed & floating marine structures such as offshore oil rigs, recreational boats, yachts and more to safeguard them from fouling and corrosion. There is high scope of growth for the Marine coatings Market during 2015-2020. Scope and Regional Forecast of the Marine Coatings Market: According to the IndustryARC research analysis studies on the Marine Coatings Market, the major factor owing to the growth of this industry includes expansion of oil & gas market. The increasing demand for marine coatings during ship repair and maintenance activities is yet another important reason for the upsurge in demand for marine coatings industry. In the Marine Coatings Market, the different areas of marine vessels such as above and below the waterline require specifically formulated marine coatings. Eco-friendly products are highly preferred from the consumers in the market. However, this market is subject to intense regulations. North America leads the Marine Coatings Market along with Europe due to high use of marine vessels for industrial and security applications. Asia Pacific is expected to show good growth for this market due to increasing industrial activities in the region. China and Japan are expected to emerge as major manufacturers in the marine coatings industry through 2020. Get Sample Brochure@ http://www.industryarc.com/pdfdownload.php?id=11726 Segmentation and Key Players of the Marine Coatings Market: The Marine Coatings Market is segmented into various categories in the IndustryARC marketing research report by type, by surfaces, by type of resins, by technology, by application and by geography. By type: anti-corrosion, foul release, anti-fouling, anti-slip, primer, varnish, chemical resistant and others By surfaces: concrete, fiberglass, metal and wood By type of resins: acrylics, alkyds, epoxy, polyurethane and others By technology: waterborne and solvent borne By application: containers, cargo ships, offshore vessels, tankers and others By geography: North America, South America, Europe, Asia Pacific and ROW The key players in the Marine Coatings Market according to the IndustryARC research report are as follows: • BASF SE (Germany) • AkzoNobel NV (Europe) • The Sherwin-Williams Company (U.S.) • PPG Industries Inc. • Nippon Paint Holdings Co., Ltd. The Marine Coatings Market is a rapidly growing market with increasing use of marine equipment and machineries. This market is expected to witness high growth to secure the ships and vessels for military and oil & gas industry applications across the globe during 2015-2020. Order a copy of marine coating market@ http://industryarc.com/purchasereport.php?id=11726 About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Media Contact: Mr. Sanjay Matthews Sales Manager Email: [email protected] Phone: +1-614-588-8538 (Ext: 101) http://industryarc.com/ LinkedIn: http://www.linkedin.com/company/industryarc