Type (Ablative Antifouling, Self-Polishing Hidrosis Antifouling, Silicon Antifouling, Copper Antifouling, Others)
The self-polishing hydrolysis antifouling segment in the marine antifouling coatings market is anticipated to dominate, with a revenue share of 38.1% during the forecast period. Its dominance is due to offering consistent biocide release that improves vessel performance and cuts maintenance costs. In April 2024, BASF’s Coatings division introduced an eco-efficient range of clearcoats and undercoats, enhancing quality, productivity, and sustainability while reducing CO2 emissions. Made with BASF's biomass balance approach and approved by top automotive OEMs, these coatings reflect segment growth as demand for environmentally compliant antifouling solutions rises.
Application (Shipping Vessels, Drilling Rigs, Fishing Boat, Yachts, Cargo Ships, Others)
The cargo ships segment is anticipated to account for 23.2% of the global marine antifouling coatings market by 2037. The burgeoning volumes of international trade are increasing the cargo vessel fleet that requires antifouling protection to work effectively. This rise in cargo ship demand is fueled by expanding global commerce and the need to reduce fuel consumption and maintenance costs. Advanced antifouling solutions are critical for supporting these vessels, as they enhance operational efficiency and promote environmental compliance.
Our in-depth analysis of the marine antifouling coatings market includes the following segments:
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Author Credits: Rajrani Baghel
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