Greece Marine Anti-Corrosion Coating Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Published Report
  • Feb 2019
  • Europe
  • 105 Pages
  • No of Tables: 20
  • No of Figures: 5

Greece Marine Anti-Corrosion Coating Market By Type (Epoxy, Polyurethane, Phenolic, Phosphate, Polytetrafluoroethylene (PTFE), Polyphenylene Sulfide (PPS), FEP (Fluorinated Ethylene Propylene), Polyvinylidene Fluoride Or Polyvinylidene Difluoride (PVDF), Ethylene Chlorotrifluoroethylene (ECTFE), Acrylic, Alkyd, Zinc,  Chlorinated Rubber, and Others), Technology (Powder-Based, Solvent borne, Waterborne, Uv-Cured, and Others), Application (Boot Tops And Decks, Fuselage, and Others), End-Use (Cargo Ships, Passenger Ships, Boats,  and Others,) – Industry Trends and Forecast to 2026

Marine coating is the protective coating which is used for to protect the ships, vessel, tanker, and other materials from saline water or fresh water. The coating protects the submerged material and as well as the ships, vessel, or yachts from sea water. Anti-corrosion marine coating is used to provide the protection from corrosion in the ships, vessel and others materials. Anti-corrosion marine coating is done by mixing of different type of chemicals such as epoxy, polyurethane, phenolic, phosphate, and others.

Anti-corrosion marine coating basically provides the protection from corrosion which emerges mainly due to the sea water. Therefore coating applied on the different part of the ships such as boot tops and deck, fuselage and others.

Greece continued growth in shipbuilding industry after the financial crises and it is resulted that Greece has the highest numbers of fleet which will lead the growth of the anti-corrosive marine market in Greece.  European shipbuilding industry has shown the continued growth, which will boost the usage of anti-corrosion marine coating in Greece.

Thus, Greece has the highest numbers of fleet considered as the major driver for the market growth, during the forecast period of 2019-2026.

Greece marine anti-corrosion coating market is growing at a CAGR of 5.2% in the forecast period of 2019 to 2026.

Segmentation: Greece Marine Anti-Corrosion Coating Market

Greece Marine Anti-corrosion coating market is segmented into three segments such as type, technology, applications, and end-use.

  • On the basis of type, the market is segmented into fourteen notable segments; epoxy, polyurethane, phenolic, phosphate, polytetrafluoroethylene (PTFE), polyphenylene sulfide (PPS), FEP (fluorinated ethylene propylene), polyvinylidene fluoride or polyvinylidene difluoride (PVDF), ethylene chlorotrifluoroethylene (ECTFE), acrylic, alkyd, zinc, chlorinated rubber, and others.

    • In November, PPG introduce the PPG SIGMASHIELD 880 high-performance coating for the US and Canada offshore market. Product provides the resistance for abrasion, impact, seawater and corrosion.

  • On the basis of technology, the market is segmented into five notable segments; powder-based, solventborne, waterborne, uv-cured, and other.

    • In June, AkzoNobel has completed the USD 3.5 million expansions of US research and development facilities in Huston, Texas. The investment will support the company’s Protective Coatings, Marine Coatings and Specialty Coatings businesses.

  • On the basis of applications, the market is segmented into three notable segments; boot tops and decks, fuselage, and others.

    • In June, the Akzo Nobel N.V.has agreed a two-year deal to continue supplying its Intersleek 1100SR foul release coating to Qatari based shipping and maritime company Nakilat (Qatar Gas Transport Company Ltd.

  • On the basis of end-use, the market is segmented into four notable segments; cargo ships, passenger ships, boats, and others.

    • In October, Hempel launched the new zinc primer anticorrosive coating Hempadur Avantguard 860. Product is two-component activated zinc rich epoxy primer which provides the excellent protection

Competitive Analysis: Greece Marine Anti-Corrosion Coating Market

Some of the major players operating in this market are PPG INDUSTRIES, Inc., Akzo Nobel N.V, Hempel A S. Inc, The Sherwin-Williams Company, Axalta Coating Systems Ltd, Jotun, Nycote Laboratories, Inc., E.I. Du Pont, De Nemours And Company, 3m Co., Koninklijke Dsm N.V. THE SHERWIN-WILLIAMS COMPANY, WACKER CHEMIE AG , BLUECHEM GROUP , TECHNAVA, CORINTH PIPEWORKS. BASF SE

Business Expansion:

  • In June, AkzoNobel has completed the USD 3.5 million expansions of US research and development facilities in Huston, Texas. The investment will support the company’s Protective Coatings, Marine Coatings and Specialty Coatings businesses.
  • In January Technava announced the recently established collaboration with Yoowon Industries Ltd. This collaboration makes Technava an official representative for any assistance regarding spare parts, new unit sales and more.
  • Jotun Australia announced the introduction of the yacht products to Australia Yacht market. The stock is supplied by 15 warehouses and distributors throughout Australia and New Zealand.
  • In December, Nycote has signed an agreement with Pexa as its European distributor high-tech surface coatings. This will help to provide customer technical support to Europeans and expand its market coverage.
  • In November, Hempel launched the new premium antifouling coatings- Globic 9500M and Globic 9500S. Products are able to lower the CO2 emissions and improve the operational efficiency of a vessel.

Research Methodology: Greece Marine Anti-Corrosion Coating Market

Primary Respondents: Key industry participants, subject-matter experts (SMEs), C-level executives of key market players, Market Intelligence Managers, National Sales Managers and industry consultants.


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LIST OF TABLES GREECE MARINE ANTI-CORROSION COATING MARKET

TABLE 1 GREECE MARINE ANTI-CORROSION COATING MARKET, BY TYPE, 2017-2026 (USD MILLION) TABLE 2 GREECE MARINE ANTI-CORROSION COATING MARKET, BY EPOXY TYPE, 2017-2026 (USD MILLION) TABLE 3 GREECE MARINE ANTI-CORROSION COATING MARKET, BY TECHNOLOGY, 2017-2026 (USD MILLION) TABLE 4 GREECE MARINE ANTI-CORROSION COATING MARKET, BY APPLICATION, 2017-2026 (USD MILLION) TABLE 5 GREECE MARINE ANTI-CORROSION COATING MARKET, BY END-USE, 2017-2026 (USD MILLION )
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