Market Overview:
The global fluoride-based fouling release coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fouling release coatings from various end-use industries, such as ships, underwater structures, and others. In addition, the growing awareness about the benefits of using fouling release coatings is also contributing to the growth of this market. Based on type, the global fluoride-based fouling release coatings market can be segmented into biocide containing and biocide free types. The biocide containing type is expected to dominate this market during the forecast period owing to its ability to provide better protection against marine organisms than biocide free types. Based on application, the global fluoride-based fouling release coatings market can be segmented into ships, underwater structures, and others.
Product Definition:
A fluoride-based fouling release coating is a specialized coating that is applied to surfaces in order to prevent or reduce the accumulation of fouling materials. The importance of fluoride-based fouling release coatings lies in their ability to protect surfaces from the damaging effects of fouling, while also facilitating the easy removal of any accumulated material.
Contain Biocide:
Contain biocide is a chemical that prevents the growth of microorganisms by inhibiting their enzymes. It can be used as an anti-fouling agent in water treatment, food processing and wastewater treatment industries. The product is added to the surface to be treated or injected into the groundwater during its purification process. It works by forming a protective layer on top of organic materials, preventing them from becoming home for bacteria and other microorganisms which cause fouling (unwanted growth).
Biocide Free:
Biocides are used to prevent the growth of microorganisms in a variety of applications such as water treatment, food & beverage processing, and pharmaceuticals. However, biocides can have adverse effects on humans and the environment when released into the atmosphere during manufacturing operations. This has led to growing awareness regarding eco-friendly release coatings for fluoropolymer production that do not include any type of biocide ingredients.
Application Insights:
Ships was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The increasing number of ships, particularly in offshore oil exploration activities, is anticipated to drive demand for these products. Moreover, growing maritime trade across various regions coupled with rising offshore oil exploration activities is expected to augment market growth over the coming years.
The underwater structures application segment accounted for a share of 11% by volume in 2017 and is projected to grow at a CAGR exceeding 6% from 2018 to 2030 owing to increasing use of fluorides as corrosion inhibitors undersea structures manufacturing industry worldwide. Growing use of anti-corrosion coatings on industrial equipment & infrastructure related projects worldwide are also likely fuel demand over the coming years.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The presence of major shipbuilding industries in China, Japan, South Korea and India coupled with increasing offshore & onshore drilling activities are anticipated to drive regional growth. In addition, growing demand for oil & gas from emerging economies such as China and India is expected to propel industry expansion over the next eight years.
The underwater structures application segment dominated North America’s market owing to rising investments by various governments towards marine infrastructure development along with increasing offshore drilling activities across U.S., Mexico and Canada will have a positive impact on product demand during the forecast period. Europe's fluoride-based fouling release coatings market is likely to be driven by factors including economic recovery after recession/further depression; government spending; low unemployment rate; high consumer confidence; stable banking system; healthy economy (low inflation); etc.).
Growth Factors:
- Increasing demand from the oil and gas industry for fouling release coatings that can withstand high temperatures and harsh environments.
- Growing popularity of fluoride-based fouling release coatings in marine applications, as they are less likely to corrode metal surfaces than other types of coatings.
- Increasing use of fluoride-based fouling release coatings in power generation plants, as they help reduce energy consumption by preventing the accumulation of deposits on heat exchanger surfaces.
- Rising demand for low-fouling paints and coatings in food and beverage processing plants to prevent the build-up of bacteria and other contaminants on production equipment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluoride-based Fouling Release Coatings Market Research Report
By Type
Contain Biocide, Biocide Free
By Application
Ships, Underwater Structures, Others
By Companies
AkzoNobel, Jotun, Hempel, PPG Industries, Kansai Paint, Chugoku Marine Paints, Sherwin-Williams, Fujifilm, AkzoNobel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Fluoride-based Fouling Release Coatings Market Report Segments:
The global Fluoride-based Fouling Release Coatings market is segmented on the basis of:
Types
Contain Biocide, Biocide Free
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ships, Underwater Structures, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- Jotun
- Hempel
- PPG Industries
- Kansai Paint
- Chugoku Marine Paints
- Sherwin-Williams
- Fujifilm
- AkzoNobel
Highlights of The Fluoride-based Fouling Release Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Contain Biocide
- Biocide Free
- By Application:
- Ships
- Underwater Structures
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fluoride-based Fouling Release Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fluoride-based fouling release coatings are a type of corrosion protection coating that use fluoride ions to form a protective film on the surface of metal parts. The fluoride ions act as an inhibitor against corrosion, and the film forms a barrier that prevents contaminants from reaching the metal.
Some of the key players operating in the fluoride-based fouling release coatings market are AkzoNobel, Jotun, Hempel, PPG Industries, Kansai Paint, Chugoku Marine Paints, Sherwin-Williams, Fujifilm, AkzoNobel.
The fluoride-based fouling release coatings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluoride-based Fouling Release Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fluoride-based Fouling Release Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluoride-based Fouling Release Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fluoride-based Fouling Release Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fluoride-based Fouling Release Coatings Market Size & Forecast, 2020-2028
4.5.1 Fluoride-based Fouling Release Coatings Market Size and Y-o-Y Growth
4.5.2 Fluoride-based Fouling Release Coatings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Contain Biocide
5.2.2 Biocide Free
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Ships
6.2.2 Underwater Structures
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluoride-based Fouling Release Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fluoride-based Fouling Release Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Contain Biocide
9.6.2 Biocide Free
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Ships
9.10.2 Underwater Structures
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Contain Biocide
10.6.2 Biocide Free
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Ships
10.10.2 Underwater Structures
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Contain Biocide
11.6.2 Biocide Free
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Ships
11.10.2 Underwater Structures
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Contain Biocide
12.6.2 Biocide Free
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Ships
12.10.2 Underwater Structures
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Contain Biocide
13.6.2 Biocide Free
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Ships
13.10.2 Underwater Structures
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fluoride-based Fouling Release Coatings Market: Competitive Dashboard
14.2 Global Fluoride-based Fouling Release Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Jotun
14.3.3 Hempel
14.3.4 PPG Industries
14.3.5 Kansai Paint
14.3.6 Chugoku Marine Paints
14.3.7 Sherwin-Williams
14.3.8 Fujifilm
14.3.9 AkzoNobel
