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Marine coatings Market Size

ID: MRFR/CnM/3905-HCR
139 Pages
Chitranshi Jaiswal
October 2025

Marine Coatings Market Research Report Resin Type (Epoxy, Alkyd, Polyurethane, Others), by Product Type (Anti-Corrosion Marine Coatings, Antifouling Coatings, Others), by Application (Cargo Ships, Passenger Ships, Boats, Others) & Forecast till 2035

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Marine Coatings Size

Marine coatings Market Growth Projections and Opportunities

Market Factors of Marine Coatings Market:

Shipping Industry Demand: The demand for marine coatings is heavily influenced by the shipping industry, which includes commercial shipping vessels, offshore rigs, and pleasure crafts. As the shipping industry grows, the need for protective coatings to prevent corrosion, fouling, and environmental damage on marine structures increases, driving market demand.

Regulatory Compliance: Compliance with international regulations such as the International Maritime Organization's (IMO) regulations on anti-fouling coatings and emissions control significantly impacts the marine coatings market. Regulations regarding VOC emissions, biocides, and hazardous substances drive manufacturers to develop environmentally friendly and compliant coating solutions, shaping market dynamics and product offerings.

Technological Innovations: Ongoing advancements in coating technologies and formulations contribute to market growth. Innovations in resin chemistry, nanoparticle additives, and application techniques improve coating performance, durability, and environmental sustainability, leading to the development of new marine coating products and applications.

Global Shipping Trends: Global shipping trends, including changes in trade patterns, vessel types, and fleet expansion, influence the demand for marine coatings. Increased maritime trade volumes, vessel refurbishments, and new shipbuilding activities drive market demand for protective coatings to maintain and enhance the lifespan of marine assets.

Environmental Concerns: Growing awareness of environmental sustainability drives the demand for eco-friendly marine coating solutions. Manufacturers are increasingly focusing on developing low-toxicity, biocide-free, and anti-fouling coatings to reduce environmental impact and meet regulatory requirements, influencing market trends and consumer preferences.

Market Competition: The marine coatings market is highly competitive, with key players competing based on factors such as product quality, performance, pricing, brand reputation, and service offerings. Market players invest in research and development to introduce new coating formulations, improve application techniques, and expand their product portfolios, driving market growth and enhancing competitiveness.

Corrosion Protection Needs: Corrosion protection is a primary driver for the marine coatings market, particularly for steel and metal structures exposed to harsh marine environments. Marine coatings provide essential corrosion resistance, preventing degradation and structural damage to ships, offshore platforms, piers, and bridges, thus driving market demand.

Maintenance and Repair Activities: Routine maintenance and repair activities in the marine industry require the application of protective coatings to extend the service life of marine assets. Coating inspection, refurbishment, and recoating are essential practices to maintain the integrity and performance of marine structures, driving ongoing demand for marine coatings.

Weathering Conditions: Weathering conditions such as UV radiation, saltwater exposure, temperature fluctuations, and atmospheric pollutants affect the performance and durability of marine coatings. Coatings with superior weathering resistance, UV protection, and anti-corrosive properties are in high demand to withstand harsh marine environments and prolong maintenance intervals.

Emerging Market Opportunities: Growth opportunities in emerging maritime markets, such as Asia-Pacific, Latin America, and Africa, present significant prospects for the marine coatings market. Rapid industrialization, infrastructure development, and increasing maritime trade activities drive the demand for protective coatings in these regions, fostering market growth and expansion.

Marine coatings Market Size Graph
Author
Chitranshi Jaiswal
Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

What is the leading resin type used in the marine coatings industry?

The leading resin type used in the marine coatings industry is polyurethane.

What is the leading application of marine coatings?

Cargo ships are the major application channel for the marine coatings market.

What is the major driver for the market?

Increasing attention being paid to marine maintenance is the major driver for the marine coatings market.

Which is the leading regional market?

Asia Pacific is the largest regional market due to the increasing international marine trade in the region.

What are the key players in the market?

Leading players in the market include PPG, Jotun, and Sherwin-Williams, among others.

What is the market size of the marine coatings industry?

The marine coatings market value was at USD 4 billion in the year 2025 and it is expected to surpass the market value of over USD 6 billion by the year 2035 while registering a CAGR of 5.6% during the forecast period.

Market Summary

As per MRFR analysis, the Marine coatings Market Size was estimated at 17.02 USD Million in 2024. The Marine coatings industry is projected to grow from 18.8 in 2025 to 50.96 by 2035, exhibiting a compound annual growth rate (CAGR) of 10.48 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Marine coatings market is experiencing a dynamic shift towards sustainability and innovation.

  • North America remains the largest market for marine coatings, driven by robust maritime activities and infrastructure.
  • Asia-Pacific is emerging as the fastest-growing region, fueled by increasing investments in maritime infrastructure and recreational boating.
  • Protective coatings dominate the market, while anti-fouling coatings are witnessing rapid growth due to rising environmental concerns.
  • Key market drivers include the increasing demand for eco-friendly solutions and technological innovations in coating formulations.

Market Size & Forecast

2024 Market Size 17.02 (USD Million)
2035 Market Size 50.96 (USD Million)
CAGR (2025 - 2035) 10.48%
Largest Regional Market Share in 2024 North America

Major Players

<p>AkzoNobel (NL), PPG Industries (US), BASF (DE), Hempel (DK), Jotun (NO), Sherwin-Williams (US), Kansai Paint (JP), Nippon Paint (JP), RPM International (US)</p>

Market Trends

The Marine coatings Market is currently experiencing a transformative phase, driven by a confluence of environmental regulations and technological advancements. Manufacturers are increasingly focusing on developing eco-friendly products that comply with stringent regulations aimed at reducing environmental impact. This shift towards sustainability is not merely a trend but appears to be a fundamental change in the industry, as stakeholders recognize the importance of preserving marine ecosystems. Furthermore, innovations in coating technologies, such as the introduction of advanced polymers and nanotechnology, are enhancing the performance and durability of marine coatings, thereby meeting the evolving demands of the maritime sector. In addition to sustainability and technological progress, the Marine coatings Market is witnessing a growing emphasis on maintenance and repair solutions. Shipowners and operators are increasingly investing in high-performance coatings that extend the lifespan of vessels and reduce maintenance costs. This focus on long-term value is likely to drive demand for specialized coatings that offer superior protection against corrosion, fouling, and other environmental challenges. As the market continues to evolve, it seems poised for growth, with opportunities emerging in various segments, including commercial shipping, recreational boating, and offshore applications.

Sustainability Initiatives

The Marine coatings Market is increasingly influenced by sustainability initiatives, as manufacturers strive to create eco-friendly products. This trend is driven by regulatory pressures and a growing awareness of environmental issues, prompting companies to innovate and develop coatings that minimize ecological impact.

Technological Advancements

Technological advancements are reshaping the Marine coatings Market, with innovations in materials and application techniques enhancing performance. The introduction of advanced polymers and nanotechnology is improving durability and resistance, catering to the diverse needs of the maritime industry.

Focus on Maintenance Solutions

There is a notable shift towards maintenance solutions within the Marine coatings Market, as stakeholders prioritize long-lasting coatings that reduce upkeep costs. This trend reflects a broader understanding of the importance of investing in high-performance products to ensure vessel longevity.

Marine coatings Market Market Drivers

Growth in Maritime Trade

The Global Marine Coatings Market Industry benefits significantly from the growth in maritime trade and shipping activities. As global trade continues to expand, the demand for new vessels and the maintenance of existing fleets increases. This trend is particularly evident in emerging economies where shipping infrastructure is rapidly developing. The rising number of commercial vessels necessitates the use of high-performance marine coatings to protect against harsh marine environments. Consequently, the market is anticipated to reach 7.88 USD Billion by 2035, driven by the continuous need for effective protective coatings in the maritime sector.

Market Growth Projections

The Global Marine Coatings Market Industry is projected to experience substantial growth over the next decade. With an anticipated market value of 4.52 USD Billion in 2024 and a forecasted increase to 7.88 USD Billion by 2035, the industry is poised for a compound annual growth rate of 5.18% from 2025 to 2035. This growth trajectory reflects the increasing demand for advanced marine coatings driven by factors such as technological advancements, sustainability initiatives, and the expansion of maritime trade. The market's evolution is indicative of broader trends in the marine sector, highlighting the importance of innovation and compliance.

Sustainable Coating Solutions

The Global Marine Coatings Market Industry is increasingly driven by the demand for sustainable and eco-friendly coating solutions. Regulatory bodies worldwide are imposing stricter environmental regulations, prompting manufacturers to innovate and develop coatings that minimize environmental impact. For instance, the introduction of water-based coatings and low-VOC formulations aligns with these regulations. This shift not only meets compliance but also appeals to environmentally conscious consumers. As a result, the market is projected to reach 4.52 USD Billion in 2024, reflecting a growing preference for sustainable products in marine applications.

Technological Advancements in Coatings

Technological advancements play a pivotal role in shaping the Global Marine Coatings Market Industry. Innovations such as nanotechnology and advanced polymer formulations enhance the performance and durability of marine coatings. These technologies improve resistance to corrosion, UV degradation, and fouling, thereby extending the lifespan of marine vessels. For example, the development of self-cleaning coatings reduces maintenance costs and downtime for ship operators. As these technologies become more prevalent, they are expected to contribute to a compound annual growth rate of 5.18% from 2025 to 2035, indicating a robust growth trajectory for the industry.

Increasing Recreational Boating Activities

The Global Marine Coatings Market Industry is also influenced by the rising popularity of recreational boating activities. As more individuals engage in boating for leisure, the demand for high-quality marine coatings that enhance aesthetics and protect against environmental factors grows. This trend is particularly pronounced in regions with favorable climates and extensive waterways. Manufacturers are responding by developing coatings that not only provide protection but also improve the visual appeal of vessels. This surge in recreational boating is expected to further bolster the market, contributing to its overall growth in the coming years.

Regulatory Compliance and Safety Standards

Regulatory compliance and safety standards are crucial drivers in the Global Marine Coatings Market Industry. Governments and international organizations are establishing stringent safety and environmental regulations that coatings must adhere to. This compliance is essential for manufacturers aiming to operate in the marine sector. As a result, companies are investing in research and development to create coatings that meet these evolving standards. The focus on safety and compliance not only enhances product credibility but also drives innovation within the industry, ensuring that marine coatings remain effective and reliable in various applications.

Market Segment Insights

By Application: Protective Coatings (Largest) vs. Anti-fouling Coatings (Fastest-Growing)

<p>The Marine coatings Market exhibits a diverse application spectrum dominated by Protective Coatings, which consistently holds the largest market share. This segment is essential for safeguarding marine vessels against harsh environmental conditions, thereby enhancing their longevity and performance. In contrast, Anti-fouling Coatings are witnessing rapid growth owing to increasing global awareness of marine ecology and stricter regulations on biofouling, making them a critical area of development in the marine coatings sector. The growth trends in the Marine coatings Market are significantly influenced by technological advancements and environmental regulations. Protective Coatings are evolving with innovations that improve durability and performance, while Anti-fouling Coatings are gaining traction due to their effectiveness in reducing marine organism growth on vessels. The demand for environmentally friendly solutions is also propelling the growth of these segments as manufacturers seek to comply with sustainability norms while meeting performance expectations.</p>

<p>Protective Coatings (Dominant) vs. Maintenance Coatings (Emerging)</p>

<p>Protective Coatings represent the dominant segment within the Marine coatings Market, characterized by their essential role in providing long-lasting protection against corrosive elements. These coatings are designed to withstand extreme weather conditions, making them a crucial choice for shipbuilders and operators. Meanwhile, Maintenance Coatings, although considered an emerging segment, are gaining momentum as more operators recognize the importance of regular maintenance and upkeep of marine vessels. These coatings address specific repair needs, enhancing vessel efficiency and safety. Together, these segments reflect the industry's focus on durability and performance, showcasing a holistic approach to marine vessel care.</p>

By End Use: Commercial Vessels (Largest) vs. Recreational Vessels (Fastest-Growing)

<p>In the Marine coatings market, the end-use segment is characterized by a diverse distribution among Commercial Vessels, Recreational Vessels, Naval Vessels, and Offshore Structures. Commercial Vessels hold the largest market share, driven by the increasing demand for cargo transportation and trade. Meanwhile, Recreational Vessels have emerged as the fastest-growing segment due to a rising trend in leisure boating activities and increased disposable incomes, particularly in developed regions. These dynamics shape the competitive landscape within the market.</p>

<p>Commercial Vessels (Dominant) vs. Recreational Vessels (Emerging)</p>

<p>Commercial Vessels represent the dominant segment in the Marine coatings market, primarily owing to their contribution to global trade and shipping logistics. This segment benefits from strict regulatory compliance for anti-corrosion and fouling protection, leading to a steady demand for high-quality coatings. In contrast, Recreational Vessels, identified as the emerging segment, are experiencing rapid growth fueled by the increasing popularity of leisure activities. Innovations in coating technologies designed for aesthetics and durability are attracting new consumers. The market for Recreational Vessels is heavily influenced by lifestyle trends and the expansion of recreational boating facilities.</p>

By Type: Water-based Coatings (Largest) vs. Solvent-based Coatings (Fastest-Growing)

<p>In the Marine coatings market, water-based coatings currently dominate the landscape due to their eco-friendliness and compliance with stringent environmental regulations. This segment holds a substantial share, driven by the increasing adoption of sustainable practices in shipbuilding and maintenance. Following closely, solvent-based coatings have continued to be a prevalent choice, particularly in scenarios where durability and performance are prioritized, granting them a significant market presence. The growth trends in the Marine coatings market indicate a steady incline in the uptake of water-based solutions, primarily as industries shift towards environmentally safe products. On the other hand, solvent-based coatings are experiencing renewed interest as manufacturers innovate to enhance their application efficiency and performance, positioning it as the fastest-growing segment amidst evolving regulatory requirements.</p>

<p>Water-based Coatings (Dominant) vs. Powder Coatings (Emerging)</p>

<p>Water-based coatings have established themselves as the dominant force in the Marine coatings market, primarily due to their low VOC content and reduced environmental impact. They are favored for their ease of application and quick drying times, making them suitable for various marine applications. Moreover, the extensive range of colors and finishes available enhances their appeal to consumers. On the emerging front, powder coatings are gaining traction as a sustainable alternative due to their minimal waste and ability to provide a durable finish. While still developing their market share compared to traditional solvent-based solutions, powder coatings are characterized by high efficiency and performance, indicating promising growth as manufacturers seek eco-friendly options that meet high-performance standards.</p>

By Formulation: Epoxy Coatings (Largest) vs. Polyurethane Coatings (Fastest-Growing)

<p>The marine coatings market exhibits a diverse formulation landscape with epoxy coatings leading in market share due to their superior adhesion, chemical resistance, and durability. Polyurethane coatings are noticeably gaining traction, attributed to their flexibility and gloss retention, appealing to a broader range of marine applications. Together, these formulation types form the backbone of the marine coatings market, catering to various client needs and preferences. Additionally, acrylic and vinyl coatings play crucial roles, although they hold smaller market shares compared to their epoxy and polyurethane counterparts.</p>

<p>Epoxy Coatings (Dominant) vs. Polyurethane Coatings (Emerging)</p>

<p>Epoxy coatings are recognized as a dominant force within the marine coatings market, offering exceptional protection against corrosion, water, and chemicals, making them ideal for long-lasting maritime applications. Their robust properties enable them to endure harsh marine environments effectively. On the other hand, polyurethane coatings represent an emerging category, prized for their excellent UV resistance and aesthetic appeal. As shipbuilders and maintenance providers increasingly lean towards environmentally-friendly options, polyurethane formulations are experiencing rapid adoption, positioning them as a significant player in the ever-evolving marine coatings landscape.</p>

Get more detailed insights about Marine Coatings Market Research Report- Forecast to 2035

Regional Insights

North America : Market Leader in Marine Coatings

North America is poised to maintain its leadership in the marine coatings market, holding a significant share of 6.81 in 2024. The region's growth is driven by increasing maritime activities, stringent environmental regulations, and a rising demand for high-performance coatings. The focus on sustainability and innovation in coating technologies further propels market expansion, with key players investing heavily in R&D to meet regulatory standards and consumer expectations. The United States and Canada are the leading countries in this region, with major companies like PPG Industries and Sherwin-Williams dominating the market. The competitive landscape is characterized by a mix of established players and emerging companies, all striving to enhance product offerings. The presence of robust supply chains and advanced manufacturing capabilities supports the region's strong market position, ensuring a steady supply of high-quality marine coatings.

Europe : Emerging Innovations and Regulations

Europe's marine coatings market, valued at 4.25, is experiencing growth driven by stringent environmental regulations and a shift towards sustainable practices. The European Union's commitment to reducing carbon emissions and promoting eco-friendly products is catalyzing demand for innovative coatings that meet these standards. The region's focus on research and development is fostering advancements in coating technologies, enhancing performance and durability while minimizing environmental impact. Leading countries such as Germany, the UK, and France are at the forefront of this market, with key players like BASF and AkzoNobel leading the charge. The competitive landscape is marked by a strong emphasis on sustainability, with companies investing in green technologies and eco-friendly formulations. This focus not only meets regulatory requirements but also aligns with consumer preferences for environmentally responsible products. "The European marine coatings market is evolving rapidly, driven by regulatory frameworks and innovation in sustainable solutions," European Coatings Association.

Asia-Pacific : Rapid Growth and Demand Surge

The Asia-Pacific region, with a market size of 4.5, is witnessing a surge in demand for marine coatings, driven by increasing maritime trade and shipbuilding activities. The region's economic growth, particularly in countries like China and Japan, is fueling investments in marine infrastructure and vessel maintenance. Additionally, the rising awareness of environmental regulations is pushing manufacturers to adopt advanced coating technologies that enhance performance while adhering to sustainability standards. China, Japan, and South Korea are the leading players in this market, with significant contributions from companies like Kansai Paint and Nippon Paint. The competitive landscape is dynamic, with both local and international players vying for market share. The presence of a robust manufacturing base and a growing focus on innovation are key factors that will continue to drive the region's marine coatings market forward.

Middle East and Africa : Emerging Market with Growth Potential

The Middle East and Africa region, valued at 1.46, is an emerging market for marine coatings, characterized by increasing investments in maritime infrastructure and a growing shipping industry. The demand for high-performance coatings is rising, driven by the need for vessel protection against harsh environmental conditions. Regulatory frameworks are gradually evolving, encouraging the adoption of advanced coatings that meet international standards and enhance durability. Countries like South Africa and the UAE are leading the charge in this region, with a mix of local and international players contributing to market growth. The competitive landscape is still developing, with opportunities for new entrants to establish themselves. Key players are focusing on expanding their product offerings and enhancing service capabilities to capture the growing demand in this promising market.

Key Players and Competitive Insights

The Marine coatings Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for high-performance coatings and a growing emphasis on sustainability. Key players such as AkzoNobel (NL), PPG Industries (US), and Jotun (NO) are strategically positioning themselves through innovation and regional expansion. AkzoNobel (NL) focuses on developing eco-friendly products, while PPG Industries (US) emphasizes digital transformation to enhance customer engagement. Jotun (NO) is expanding its footprint in emerging markets, which collectively shapes a competitive environment that is increasingly focused on sustainability and technological advancement.

The market structure appears moderately fragmented, with several players vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains. This approach not only enhances operational efficiency but also allows companies to respond swiftly to regional demands. The collective influence of these major players fosters a competitive atmosphere where innovation and sustainability are paramount, potentially reshaping market dynamics.

In November 2025, PPG Industries (US) announced the launch of a new line of bio-based marine coatings aimed at reducing environmental impact. This strategic move underscores the company's commitment to sustainability and positions it favorably in a market increasingly driven by eco-conscious consumers. The introduction of these coatings is likely to enhance PPG's competitive edge, appealing to a growing segment of environmentally aware customers.

In October 2025, AkzoNobel (NL) unveiled a partnership with a leading technology firm to integrate AI into its product development processes. This collaboration aims to streamline operations and enhance product performance, reflecting a broader trend towards digitalization in the industry. By leveraging AI, AkzoNobel (NL) may improve its innovation capabilities, thereby solidifying its market position amidst rising competition.

In September 2025, Jotun (NO) expanded its manufacturing capabilities in Asia by investing in a new facility in Vietnam. This strategic investment is indicative of Jotun's focus on capturing growth opportunities in the Asia-Pacific region, which is witnessing a surge in maritime activities. Such expansions not only enhance production capacity but also enable Jotun to cater to local market needs more effectively, potentially increasing its market share.

As of December 2025, current trends in the Marine coatings Market indicate a strong shift towards digitalization, sustainability, and AI integration. Strategic alliances are becoming increasingly vital, as companies seek to enhance their technological capabilities and market reach. The competitive landscape is evolving, with a noticeable shift from price-based competition to a focus on innovation, technology, and supply chain reliability. This evolution suggests that future differentiation will hinge on the ability to deliver sustainable, high-performance solutions that meet the demands of a rapidly changing market.

Key Companies in the Marine coatings Market market include

Industry Developments

In the year 2021, one of the leading market players, Chugoku marine Painting Ltd., had introduced a fuel-efficient and anti-fouling coating for the marine vessels, which is specially designed for trading vessels that move globally. The product is named SEAFLO NEO M1 PLUS and they had also expanded the range and named it as SEALO NEO range. This product launch has helped the vessels with varied trading patterns and also reduces the friction caused during the operation of the ships against the forceful water.

In the year 2020, one of the leading market players, new ships have announced their investment of USD 1.85 billion in the marine coatings industry. This investment has significantly increased the ship trading activities and the shipbuilding industries.

Future Outlook

Marine coatings Market Future Outlook

<p>The Marine coatings Market is projected to grow at a 10.48% CAGR from 2024 to 2035, driven by increasing environmental regulations, technological advancements, and rising demand for durable coatings.</p>

New opportunities lie in:

  • <p>Development of eco-friendly biocide-free coatings</p>
  • <p>Expansion into emerging markets with tailored products</p>
  • <p>Integration of IoT for real-time monitoring of coating performance</p>

<p>By 2035, the Marine coatings Market is expected to achieve substantial growth, driven by innovation and strategic market positioning.</p>

Market Segmentation

Marine coatings Market Type Outlook

  • Solvent-based Coatings
  • Water-based Coatings
  • Powder Coatings
  • High-solids Coatings

Marine coatings Market End Use Outlook

  • Commercial Vessels
  • Recreational Vessels
  • Naval Vessels
  • Offshore Structures

Marine coatings Market Application Outlook

  • Protective Coatings
  • Anti-fouling Coatings
  • Decorative Coatings
  • Maintenance Coatings

Marine coatings Market Formulation Outlook

  • Epoxy Coatings
  • Polyurethane Coatings
  • Acrylic Coatings
  • Vinyl Coatings

Report Scope

MARKET SIZE 202417.02(USD Million)
MARKET SIZE 202518.8(USD Million)
MARKET SIZE 203550.96(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)10.48% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledAkzoNobel (NL), PPG Industries (US), BASF (DE), Hempel (DK), Jotun (NO), Sherwin-Williams (US), Kansai Paint (JP), Nippon Paint (JP), RPM International (US)
Segments CoveredApplication, End Use, Type, Formulation
Key Market OpportunitiesAdoption of eco-friendly formulations driven by regulatory changes and consumer demand in the Marine coatings Market.
Key Market DynamicsRising demand for eco-friendly marine coatings driven by stringent environmental regulations and consumer preferences for sustainability.
Countries CoveredNorth America, Europe, APAC, South America, MEA

FAQs

What is the leading resin type used in the marine coatings industry?

The leading resin type used in the marine coatings industry is polyurethane.

What is the leading application of marine coatings?

Cargo ships are the major application channel for the marine coatings market.

What is the major driver for the market?

Increasing attention being paid to marine maintenance is the major driver for the marine coatings market.

Which is the leading regional market?

Asia Pacific is the largest regional market due to the increasing international marine trade in the region.

What are the key players in the market?

Leading players in the market include PPG, Jotun, and Sherwin-Williams, among others.

What is the market size of the marine coatings industry?

The marine coatings market value was at USD 4 billion in the year 2025 and it is expected to surpass the market value of over USD 6 billion by the year 2035 while registering a CAGR of 5.6% during the forecast period.

  1. Executive Summary
  2. Scope of the Report
    1. Market Definition
    2. Scope of the Study
      1. Research
      2. Assumptions & Limitations
    3. Objectives
    4. Markets Structure
  3. Market Research Methodology
    1. Research Resin Type
    2. Secondary
    3. Research
    4. Primary Research
    5. Forecast
    6. Model
  4. Market Landscape
    1. Porter’s
      1. Threat of New Entrants
      2. Threat of substitutes
      3. Segment rivalry
    2. Five Forces Analysis
    3. Bargaining power of buyers
    4. Value Chain/Supply
    5. Chain of Global Marine Coatings Market
  5. Industry Overview
    1. of Global Marine Coatings Market
    2. Introduction
    3. Growth Drivers
    4. Impact analysis
    5. Market Challenges
  6. Market Trends
    1. Introduction
    2. Growth Trends
    3. Impact analysis
  7. Global Marine Coatings Market by Product Type
    1. Introduction
    2. Anti-corrosion coatings
      1. Market Estimates & Forecast, 2020-2027
      2. Market Estimates &
    3. Forecast by Region, 2020-2027
    4. Antifouling coatings
      1. Market Estimates & Forecast, 2020-2027
      2. Market Estimates &
    5. Forecast by Region, 2020-2027
    6. Others
      1. Market Estimates & Forecast
    7. Market Estimates & Forecast, 2020-2027
    8. by Region, 2020-2027
  8. Global Marine Coatings Market by Resin Type
    1. Introduction
    2. Epoxy
      1. Market Estimates & Forecast
    3. Market Estimates & Forecast, 2020-2027
    4. by Region, 2020-2027
    5. Alkyd
      1. Market Estimates
      2. Market Estimates & Forecast by Region,
    6. & Forecast, 2020-2027
    7. Polyurethane
      1. Market Estimates
      2. Market Estimates & Forecast by Region,
    8. & Forecast, 2020-2027
    9. Others
      1. Market Estimates &
      2. Market Estimates & Forecast by Region, 2020-2027
    10. Forecast, 2020-2027
  9. Global Marine Coatings Market by Application
    1. Introduction
    2. Cargo ships
      1. Market Estimates & Forecast,
      2. Market Estimates & Forecast by Region, 2020-2027
      3. Market Estimates & Forecast, 2020-2027
      4. Market Estimates & Forecast by Region, 2020-2027
      5. Market Estimates & Forecast, 2020-2027
      6. Market Estimates & Forecast, 2020-2027
      7. Market
    3. Passenger ships
    4. Boats
    5. Market Estimates & Forecast by Region, 2020-2027
    6. Others
    7. Estimates & Forecast by Region, 2020-2027
  10. Global
    1. Marine Coatings Market by Region
    2. Introduction
      1. Market Estimates & Forecast, 2020-2027
      2. Market Estimates
      3. Market Estimates & Forecast
      4. U.S.
      5. Mexico
    3. North America
    4. Market Estimates & Forecast by Product Type, 2020-2027
    5. & Forecast by Resin Type, 2020-2027
    6. by Application, 2020-2027
    7. Estimates & Forecast, 2020-2027
    8. by Product Type, 2020-2027
    9. Type, 2020-2027
    10. Market Estimates & Forecast by Application, 2020-2027
    11. Canada
    12. Market Estimates & Forecast by Product Type, 2020-2027
    13. Estimates & Forecast by Resin Type, 2020-2027
    14. & Forecast by Application, 2020-2027
    15. Europe
      1. Market Estimates & Forecast
      2. Market Estimates & Forecast by Resin
      3. Market Estimates & Forecast by Application, 2020-2027
      4. Germany
      5. Italy
      6. Spain
      7. Rest of
    16. Market Estimates & Forecast, 2020-2027
    17. by Product Type, 2020-2027
    18. Type, 2020-2027
    19. Market Estimates & Forecast by Application, 2020-2027
    20. France
    21. Market Estimates & Forecast by Product Type, 2020-2027
    22. Estimates & Forecast by Resin Type, 2020-2027
    23. & Forecast by Application, 2020-2027
    24. & Forecast by Product Type, 2020-2027
    25. by Resin Type, 2020-2027
    26. Forecast, 2020-2027
    27. U.K
    28. Market Estimates & Forecast by Product Type, 2020-2027
    29. Estimates & Forecast by Resin Type, 2020-2027
    30. & Forecast by Application, 2020-2027
    31. Europe
    32. Market Estimates & Forecast by Product Type, 2020-2027
    33. Estimates & Forecast by Resin Type, 2020-2027
    34. & Forecast by Application, 2020-2027
    35. Asia Pacific
      1. Market Estimates & Forecast, 2020-2027
      2. Market Estimates
      3. Market Estimates & Forecast
      4. Market Estimates & Forecast by Application,
      5. China
      6. Japan
      7. Australia
      8. Rest of
    36. & Forecast by Product Type, 2020-2027
    37. by Resin Type, 2020-2027
    38. Forecast, 2020-2027
    39. India
    40. Market Estimates & Forecast by Product Type, 2020-2027
    41. Estimates & Forecast by Resin Type, 2020-2027
    42. & Forecast by Application, 2020-2027
    43. & Forecast by Product Type, 2020-2027
    44. by Resin Type, 2020-2027
    45. & Forecast, 2020-2027
    46. Type, 2020-2027
    47. New Zealand
    48. Market Estimates & Forecast by Product Type, 2020-2027
    49. Estimates & Forecast by Resin Type, 2020-2027
    50. & Forecast by Application, 2020-2027
    51. Asia Pacific
    52. Market Estimates & Forecast by Product Type, 2020-2027
    53. Estimates & Forecast by Resin Type, 2020-2027
    54. & Forecast by Application, 2020-2027
    55. The Middle
      1. Market Estimates & Forecast, 2020-2027
      2. Market Estimates & Forecast by Product Type, 2020-2027
      3. Market Estimates
      4. Turkey
      5. Israel
      6. North Africa
      7. GCC
      8. Rest of the Middle East &
    56. East & Africa
    57. Market Estimates & Forecast by Resin Type, 2020-2027
    58. & Forecast by Application, 2020-2027
    59. Estimates & Forecast, 2020-2027
    60. by Product Type, 2020-2027
    61. Type, 2020-2027
    62. Market Estimates & Forecast by Resin Type, 2020-2027
    63. & Forecast by Application, 2020-2027
    64. Market Estimates & Forecast, 2020-2027
    65. Forecast by Product Type, 2020-2027
    66. by Resin Type, 2020-2027
    67. Market Estimates & Forecast by Resin Type, 2020-2027
    68. & Forecast by Application, 2020-2027
    69. Africa
    70. Market Estimates & Forecast by Product Type, 2020-2027
    71. Estimates & Forecast by Resin Type, 2020-2027
    72. & Forecast by Application, 2020-2027
    73. Latin America
      1. Market Estimates & Forecast, 2020-2027
      2. Market Estimates
      3. Market Estimates & Forecast
      4. Market Estimates & Forecast by Application,
      5. Brazil
      6. Argentina
      7. Rest of Latin America
    74. & Forecast by Product Type, 2020-2027
    75. by Resin Type, 2020-2027
    76. Market Estimates & Forecast by Application, 2020-2027
    77. & Forecast by Product Type, 2020-2027
    78. by Resin Type, 2020-2027
    79. & Forecast, 2020-2027
    80. Type, 2020-2027
  11. Company
    1. Landscape
  12. Company Profiles
    1. PPG Industries
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Developments
    2. Type/Business Segment Overview
    3. AkzoNobel
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Development
    4. Type/Business Segment Overview
    5. Hempel
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Developments
    6. Type/Business Segment Overview
    7. Sherwin-Williams
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Developments
    8. Type/Business Segment Overview
    9. Jotun
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Developments
    10. Type/Business Segment Overview
    11. Chugoku
      1. Company Overview
      2. Financial
      3. Key Developments
    12. Marine Paints
    13. Product Type/Business Segment Overview
    14. Updates
    15. Nippon
      1. Company Overview
      2. Financial
      3. Key Developments
    16. Paint
    17. Product Type/Business Segment Overview
    18. Updates
    19. Kansai
      1. Company Overview
      2. Financial
      3. Key Developments
    20. Paint
    21. Product Type/Business Segment Overview
    22. Updates
    23. Axalta
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Developments
    24. Type/Business Segment Overview
    25. BASF SE
      1. Company Overview
      2. Product
      3. Financial Updates
      4. Key Developments
    26. Type/Business Segment Overview
  13. Conclusion
  14. LIST OF TABLES
  15. World Population
    1. by Major Regions (2020 To 2027)
  16. Global Marine
    1. Coatings Market: By Region, 2020-2027
  17. North
    1. America Marine Coatings Market: By Country, 2020-2027
    2. Table 4
    3. Europe Marine Coatings Market: By Country, 2020-2027
    4. Table 5
    5. Asia-Pacific Marine Coatings Market: By Country, 2020-2027
    6. Table
  18. Middle East & Africa Marine Coatings Market: By Country,
  19. Latin America Marine Coatings Market:
    1. By Country, 2020-2027
  20. Global Marine Coatings
    1. by Product Type Market: By Regions, 2020-2027
  21. North
    1. America Marine Coatings by Product Type Market: By Country, 2020-2027
    2. Table10 Europe Marine Coatings by Product Type Market: By Country,
    3. Table11 Asia-Pacific Marine Coatings by
    4. Product Type Market: By Country, 2020-2027
    5. Table12 Middle
    6. East & Africa Marine Coatings by Product Type Market: By Country, 2020-2027
    7. Table13 Latin America Marine Coatings by Product Type
    8. Market: By Country, 2020-2027
    9. Table14 Global Marine
    10. Coatings by Resin Type Market: By Regions, 2020-2027
    11. Table15
    12. North America Marine Coatings by Resin Type Market: By Country, 2020-2027
    13. Table16 Europe Marine Coatings by Resin Type Market:
    14. By Country, 2020-2027
    15. Table17 Asia-Pacific Marine
    16. Coatings by Resin Type Market: By Country, 2020-2027
    17. Table18
    18. Middle East & Africa Marine Coatings by Resin Type Market: By Country,
    19. Table19 Latin America Marine Coatings by
    20. Resin Type Market: By Country, 2020-2027
    21. Table20 Global
    22. Marine Coatings by Application Market: By Regions, 2020-2027
    23. Table21
    24. North America Marine Coatings for Application Market: By Country, 2020-2027
    25. Table22 Europe Marine Coatings for Application Market:
    26. By Country, 2020-2027
    27. Table23 Asia-Pacific Marine
    28. Coatings for Application Market: By Country, 2020-2027
    29. Table24
    30. Middle East & Africa Marine Coatings for Application Market: By Country,
    31. Table25 Latin America Marine Coatings for
    32. Application Market: By Country, 2020-2027
    33. Table26 Global
    34. Product Type Market: By Region, 2020-2027
    35. Table27 Global
    36. Resin Type Market: By Region, 2020-2027
    37. Table28 Global
    38. Application Market: By Region, 2020-2027
    39. Table29 North
  22. America Marine Coatings Market, By Country
    1. Table30 North
  23. America Marine Coatings Market, By Product Type
    1. Table31 North
  24. America Marine Coatings Market, By Resin Type
    1. Table32 North
  25. America Marine Coatings Market, By Application
    1. Table33 Europe:
  26. Marine Coatings Market, By Country
    1. Table34 Europe:
  27. Marine Coatings Market, By Product Type
    1. Table35 Europe: Marine
  28. Coatings Market, By Resin Type
    1. Table36 Europe: Marine Coatings
  29. Market, By Application
    1. Table37 Asia-Pacific: Marine Coatings
  30. Market, By Country
    1. Table38 Asia-Pacific: Marine Coatings
  31. Market, By Product Type
    1. Table39 Asia-Pacific: Marine Coatings
  32. Market, By Resin Type
    1. Table40 Asia-Pacific: Marine Coatings
  33. Market, By Application
    1. Table41 Middle East & Africa:
  34. Marine Coatings Market, By Country
    1. Table42 Middle
  35. East & Africa Marine Coatings Market, By Product Type
    1. Table43
  36. Middle East & Africa Marine Coatings Market, By Resin Type
    1. Table44
  37. Middle East & Africa: Marine Coatings Market, By Application
    1. Table45
  38. Latin America: Marine Coatings Market, By Country
    1. Table46
  39. Latin America Marine Coatings Market, By Product Type
    1. Table47
  40. Latin America Marine Coatings Market, By Resin Type
    1. Table48
  41. Latin America: Marine Coatings Market, By Application
  42. LIST OF FIGURES
  43. Global Marine Coatings market segmentation
  44. Forecast Methodology
  45. Five Forces Analysis of
    1. Global Marine Coatings Market
  46. Value Chain of Global Marine Coatings
    1. Market
  47. Share of Global Marine Coatings Market in 2020, by country
    1. (in %)
  48. Global Marine Coatings Market, 2020-2027,
    1. FIGURE
  49. Sub segments of Product Type
  50. Global Marine Coatings
    1. Market size by Product Type, 2020
  51. Share of Global Marine Coatings
    1. Market by Product Type, 2020-2027
  52. Global Marine Coatings Market
    1. size by Resin Type, 2020
  53. Share of Global Marine Coatings Market
    1. by Resin Type, 2020-2027
  54. Global Marine Coatings Market size
    1. by Application, 2020
  55. Share of Global Marine Coatings Market
    1. by Application, 2020-2027

Marine Coatings Market Segmentation

Market Segmentation Overview

  • Detailed segmentation data will be available in the full report
  • Comprehensive analysis by multiple parameters
  • Regional and country-level breakdowns
  • Market size forecasts by segment
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