Market Overview:
The global polyurethane yacht coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for luxury yachts and rising awareness about the benefits of using polyurethane yacht coatings. The global polyurethane yacht coating market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into anti-fouling coatings, anti-corrosion coatings, and others. Anti-fouling coatings are used to protect boats from marine growth such as barnacles and algae while anti-corrosion coatings are used to protect boats from corrosion caused by salt water and other environmental factors. Others include primers, topcoats etc., which are used for various purposes such as protection against UV radiation or abrasion resistance among others. On the basis of application,the global polyurethane yacht coating market can be classified into super yachts, sailing yachts,, sport yachts,, motor yachts,,and others (including fishing boats,. cruisers etc.). Superyachts are those that measure more than 24 meters in length while sailing yachts refers to those that measure less than 24 meters in length .
Product Definition:
A yacht coating is a specialized paint or sealant used to protect the hull of a boat from corrosion and water infiltration. Polyurethane coatings are particularly well-suited for this purpose, as they are both durable and waterproof. They can also be applied in very thin coats, which makes them ideal for boats with limited storage space.
Anti-Fouling Coatings:
Anti-fouling coatings are paints or inks that prevent the growth of marine organisms such as algae, bacteria and fouling. The most common type of anti-fouling paint is phosphonate based which includes Ethylene Propylene Diene Monomer (EPDM) and Polyvinyl Chloride (PVC). Anti-fouling paints are used for preventing the degradation caused by marine organisms on boats.
Anti-Corrosion Coatings:
Anti-corrosion coatings are primarily used in the marine industry to protect metal structures from corrosion. The primary function of anti-corrosive paints is to prevent the deterioration or rusting of metallic parts. Anti-corrosion paints are also known as protective coatings and they offer several additional advantages such as improved appearance, durability, and increased performance over conventional materials & surface finishes.
Application Insights:
The demand for the product in super yacht application is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the rising number of ultra-luxury vessels in operation globally. The anti-corrosion and anti-fouling coatings are projected to be majorly used for this segment over the forecast period as polyurethane offers superior resistance against corrosion and fouling organisms, thereby offering long-term protection against environment damage.
The sailing yacht segment accounted for more than 55% of the global market share in terms of volume in 2017 on account of growing demand from countries such as U.S., U.K., China and Australia due to increasing participation levels across racing circuits worldwide including America's Cup, Volvo Ocean Race, Whitbread Round The World Race etcetera.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income and presence of a large number of manufacturers in countries, such as China, India, and Japan. Furthermore, rising popularity of water sports activities in this region will drive product demand further. Increasing investments by the manufacturers are also expected to boost growth over the forecast period. For instance; In January 2017; Nippon Paint Holdings Co., Ltd., announced plans for investing around USD X million for expanding its polyurethane yacht coatings production capacity in India by 2019 end.
North America was estimated as the second largest regional market after Asia Pacific with a revenue share of 22% in 2017 on account that many people prefer buying yachts using their savings rather than taking loans which can be used for purchasing these boats only once they are sold off or refinanced thereby driving sales higher over time.
Growth Factors:
- Increasing demand for luxury boats and yachts
- Rising disposable income of the middle-class population
- Growing popularity of leisure activities such as boating and sailing
- Technological advancements in boat manufacturing industry
- Proliferation of online platforms for selling boats and yacht accessories
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurethane Yacht Coating Market Research Report
By Type
Anti-Fouling Coatings, Anti-Corrosion Coatings, Others
By Application
Super Yacht, Sailing Yacht, Sport Yacht, Motor Yacht, Others
By Companies
AkzoNobel, Jotun, PPG, Advanced Marine Coatings, Boero Bartolomeo, Chugoku Marine Paints, Engineered Marine Coatings, Hempel, Kansai Paint
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Polyurethane Yacht Coating Market Report Segments:
The global Polyurethane Yacht Coating market is segmented on the basis of:
Types
Anti-Fouling Coatings, Anti-Corrosion Coatings, Others
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
Super Yacht, Sailing Yacht, Sport Yacht, Motor Yacht, 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
- PPG
- Advanced Marine Coatings
- Boero Bartolomeo
- Chugoku Marine Paints
- Engineered Marine Coatings
- Hempel
- Kansai Paint
Highlights of The Polyurethane Yacht Coating 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:
- Anti-Fouling Coatings
- Anti-Corrosion Coatings
- Others
- By Application:
- Super Yacht
- Sailing Yacht
- Sport Yacht
- Motor Yacht
- 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 Polyurethane Yacht Coating 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Polyurethane yacht coating is a type of protective coating that is applied to the exterior of a boat or ship. It is made up of multiple layers and provides protection from the elements, such as rain, snow, ice, and sun. Polyurethane yacht coatings are also resistant to scratches and dents.
Some of the major companies in the polyurethane yacht coating market are AkzoNobel, Jotun, PPG, Advanced Marine Coatings, Boero Bartolomeo, Chugoku Marine Paints, Engineered Marine Coatings, Hempel, Kansai Paint.
The polyurethane yacht coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyurethane Yacht Coating 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 Polyurethane Yacht Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyurethane Yacht Coating 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 Polyurethane Yacht Coating 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 Polyurethane Yacht Coating Market Size & Forecast, 2020-2028
4.5.1 Polyurethane Yacht Coating Market Size and Y-o-Y Growth
4.5.2 Polyurethane Yacht Coating 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 Anti-Fouling Coatings
5.2.2 Anti-Corrosion Coatings
5.2.3 Others
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 Super Yacht
6.2.2 Sailing Yacht
6.2.3 Sport Yacht
6.2.4 Motor Yacht
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyurethane Yacht Coating 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 Polyurethane Yacht Coating 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 Anti-Fouling Coatings
9.6.2 Anti-Corrosion Coatings
9.6.3 Others
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 Super Yacht
9.10.2 Sailing Yacht
9.10.3 Sport Yacht
9.10.4 Motor Yacht
9.10.5 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 Anti-Fouling Coatings
10.6.2 Anti-Corrosion Coatings
10.6.3 Others
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 Super Yacht
10.10.2 Sailing Yacht
10.10.3 Sport Yacht
10.10.4 Motor Yacht
10.10.5 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 Anti-Fouling Coatings
11.6.2 Anti-Corrosion Coatings
11.6.3 Others
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 Super Yacht
11.10.2 Sailing Yacht
11.10.3 Sport Yacht
11.10.4 Motor Yacht
11.10.5 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 Anti-Fouling Coatings
12.6.2 Anti-Corrosion Coatings
12.6.3 Others
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 Super Yacht
12.10.2 Sailing Yacht
12.10.3 Sport Yacht
12.10.4 Motor Yacht
12.10.5 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 Anti-Fouling Coatings
13.6.2 Anti-Corrosion Coatings
13.6.3 Others
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 Super Yacht
13.10.2 Sailing Yacht
13.10.3 Sport Yacht
13.10.4 Motor Yacht
13.10.5 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 Polyurethane Yacht Coating Market: Competitive Dashboard
14.2 Global Polyurethane Yacht Coating 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 PPG
14.3.4 Advanced Marine Coatings
14.3.5 Boero Bartolomeo
14.3.6 Chugoku Marine Paints
14.3.7 Engineered Marine Coatings
14.3.8 Hempel
14.3.9 Kansai Paint
