Lucintel's latest market report analyzed that antifouling paint and coating provides attractive opportunities in shipping vessels, fishing boats, yachts & other boats, inland waterways transport, and drilling rig &; production platform applications. The antifouling paint and coating market is expected to grow with a CAGR of 9%. In this market, copper-based is the largest segment by product type, whereas shipping vessels is largest by application.
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Based on product type, the antifouling paint and coating market is segmented into copper-based, self-polishing copolymer, hybrid, and others. The copper-based segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
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The Antifouling Paint and Coating Market is marked by the presence of several big and small players. Some of the prominent players offering antifouling paint and coating include Akzo Nobel N.V., Hempel A/S, BASF SE, PPG Industries, The Sherwin-Williams Company, Jotun, and Chugoku Marine Paints, Ltd.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. 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. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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