Major players in antifouling paint and coating market have diversified product portfolios, strong geographical reach, and have made several strategic initiatives. The dynamics of the antifouling paint and coating market extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of the buyers that determine long-term success.
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Over the years, the level of demand for antifouling paint and coating has increased due to increasing use of antifouling paint and coating in shipping and growth in ship building activities in APAC region specifically in China, Korea, and Japan. Antifouling paint and coating is used for a variety of applications, such as shipping vessels, fishing boats, yachts & other boats, inland waterways transport, drilling rig & production platform, and mooring lines and is forecast to grow at a CAGR of 9%. The major growth drivers for this market are the increasing demand for antifouling paints & coatings in boat hulls and underwater surface of shipping vessels.
Firms that produce antifouling paint and coating are approaching market opportunities with starkly different strategies. Lucintel, a leading global management consulting and market research firm, has analyzed the global antifouling paint and coating suppliers and has come up with a comprehensive research report, “Lucintel Leadership Quadrant and Strategic Positioning of Antifouling Paint and Coating Suppliers”. Using its proprietary research methodology, Lucintel has developed a comparative analysis tool, the ‘Lucintel Leadership Quadrant,’ which identifies leaders, contenders, visionaries, and specialists in the antifouling paint and coating market and rates each antifouling paint and coating producer on two primary criteria as shown below:
1. Alignment with market opportunity
2. Ability to gain market share
In this research study, leading players such as Akzo Nobel, Hempel, BASF, PPG, Sherwin-Williams, Jotun, and Chugoku Marine Paints are analyzed and profiled based on various parameters such as target markets, product mapping, selling strategies, production capabilities, geographic footprint, financial, new product developments, market share, innovation, and other benchmarks. Some of the features of this research study are as follows:
Leadership and competitive analysis:
• Product mapping of leading players
• Benchmarking of financial strength of leading players
• Leadership quadrant / strategic positioning of players
o Leaders
o Contenders
o Visionaries
o Specialists
Market shares of leading players in various regions:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Profiles of leading players in terms of below parameters:
• Product positioning
• Market positioning
• Financial strength
• Revenue breakdown by market segments
• Revenue breakdown by regions
• Organizational capabilities
• Innovation and market leadership
Designed for the industry professionals, financial services firms, and users of antifouling paint and coating, this more than 140-pages report will enable you to understand competitive landscape of antifouling paint and coating market. It will allow you to determine which companies are better aligned with future market opportunities and which has the ability to gain additional market share. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 20 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.