The global hull paint industry is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of the industry can be attributed to the increasing demand for new vessels and increasing demand for ant-corrosion paints in emerging economies such as China and India.
Light type boat paints are expected to account for a major share of the market during the forecast period, owing to their high durability and low maintenance cost. Grinding sand mold boat paints are also expected to witness significant growth due to their high corrosion resistance properties and low maintenance cost. AntCorrosion is projected to be one of the fastest growing application segments in this market, owing mainly due its use in marine vessels which require protection from corrosion caused by salt water or other corrosive substances present in water bodies such as rivers or seas.
6. Shipbuilding industry has been growing steadily over past few years due to increased investments by governments around world.
Some Of The Growth Factors Of This Market:
- The Hull Paint Industry is expected to reach $3,890 million by 2020.
- Increasing demand for new vessels and increasing demand for maintenance and repair of existing vessels are the major drivers of the industry's growth.
- Increasing demand for new vessels will drive the market in Asia Pacific region, while increasing demand for maintenance and repair of existing vessels will drive the market in North America region.
- Increasing number of shipyards in China is driving the growth in Asia Pacific region.
Industry Growth Insights published a new data on “Hull Paint Industry Market”. The research report is titled “Hull Paint Industry Market research by Types (Light Type Boat Paints, Grinding Sand Mold Boat Paints), By Applications (Anti-Corrosion, Anti-Osmosis, Anti-Abrasion, Other), By Players/Companies Awlgrip, Boero YachtCoatings, De IJssel Coatings, FLAG Paints, ICR, International Yacht Paint, Marlin Yacht Paints, Mercury Outboards, Nautix, Norglass, Orange Marine, Pettit, Scott Bader, Sea-Line Troton sp. zo.o, Veneziani Yachting”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hull Paint Industry Market Research Report
By Type
Light Type Boat Paints, Grinding Sand Mold Boat Paints
By Application
Anti-Corrosion, Anti-Osmosis, Anti-Abrasion, Other
By Companies
Awlgrip, Boero YachtCoatings, De IJssel Coatings, FLAG Paints, ICR, International Yacht Paint, Marlin Yacht Paints, Mercury Outboards, Nautix, Norglass, Orange Marine, Pettit, Scott Bader, Sea-Line Troton sp. zo.o, Veneziani Yachting
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Hull Paint Industry Market Report Segments:
The global Hull Paint Industry market is segmented on the basis of:
Types
Light Type Boat Paints, Grinding Sand Mold Boat Paints
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
Anti-Corrosion, Anti-Osmosis, Anti-Abrasion, Other
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:
- Awlgrip
- Boero YachtCoatings
- De IJssel Coatings
- FLAG Paints
- ICR
- International Yacht Paint
- Marlin Yacht Paints
- Mercury Outboards
- Nautix
- Norglass
- Orange Marine
- Pettit
- Scott Bader
- Sea-Line Troton sp. zo.o
- Veneziani Yachting
Highlights of The Hull Paint Industry 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:
- Light Type Boat Paints
- Grinding Sand Mold Boat Paints
- By Application:
- Anti-Corrosion
- Anti-Osmosis
- Anti-Abrasion
- Other
- 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 Hull Paint Industry 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
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- 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?
The Hull paint industry is a manufacturing and exporting business that produces paints, coatings, and other products. The company's products are used in a variety of industries, including construction, transportation, and home improvement.
Some of the major companies in the hull paint industry market are Awlgrip, Boero YachtCoatings, De IJssel Coatings, FLAG Paints, ICR, International Yacht Paint, Marlin Yacht Paints, Mercury Outboards, Nautix, Norglass, Orange Marine, Pettit, Scott Bader, Sea-Line Troton sp. zo.o, Veneziani Yachting.
The hull paint industry market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hull Paint Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hull Paint Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hull Paint Industry Market - Supply Chain
4.5. Global Hull Paint Industry Market Forecast
4.5.1. Hull Paint Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hull Paint Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hull Paint Industry Market Absolute $ Opportunity
5. Global Hull Paint Industry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hull Paint Industry Market Size and Volume Forecast by Type
5.3.1. Light Type Boat Paints
5.3.2. Grinding Sand Mold Boat Paints
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hull Paint Industry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hull Paint Industry Market Size and Volume Forecast by Application
6.3.1. Anti-Corrosion
6.3.2. Anti-Osmosis
6.3.3. Anti-Abrasion
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hull Paint Industry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hull Paint Industry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hull Paint Industry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hull Paint Industry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hull Paint Industry Demand Share Forecast, 2019-2026
9. North America Hull Paint Industry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hull Paint Industry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hull Paint Industry Market Size and Volume Forecast by Application
9.4.1. Anti-Corrosion
9.4.2. Anti-Osmosis
9.4.3. Anti-Abrasion
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hull Paint Industry Market Size and Volume Forecast by Type
9.7.1. Light Type Boat Paints
9.7.2. Grinding Sand Mold Boat Paints
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hull Paint Industry Demand Share Forecast, 2019-2026
10. Latin America Hull Paint Industry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hull Paint Industry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hull Paint Industry Market Size and Volume Forecast by Application
10.4.1. Anti-Corrosion
10.4.2. Anti-Osmosis
10.4.3. Anti-Abrasion
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hull Paint Industry Market Size and Volume Forecast by Type
10.7.1. Light Type Boat Paints
10.7.2. Grinding Sand Mold Boat Paints
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hull Paint Industry Demand Share Forecast, 2019-2026
11. Europe Hull Paint Industry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hull Paint Industry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hull Paint Industry Market Size and Volume Forecast by Application
11.4.1. Anti-Corrosion
11.4.2. Anti-Osmosis
11.4.3. Anti-Abrasion
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hull Paint Industry Market Size and Volume Forecast by Type
11.7.1. Light Type Boat Paints
11.7.2. Grinding Sand Mold Boat Paints
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectios by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hull Paint Industry Demand Share, 2019-2026
12. Asia Pacific Hull Paint Industry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hull Paint Industry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hull Paint Industry Market Size and Volume Forecast by Application
12.4.1. Anti-Corrosion
12.4.2. Anti-Osmosis
12.4.3. Anti-Abrasion
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hull Paint Industry Market Size and Volume Forecast by Type
12.7.1. Light Type Boat Paints
12.7.2. Grinding Sand Mold Boat Paints
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hull Paint Industry Demand Share, 2019-2026
13. Middle East & Africa Hull Paint Industry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hull Paint Industry Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hull Paint Industry Market Size and Volume Forecast by Application
13.4.1. Anti-Corrosion
13.4.2. Anti-Osmosis
13.4.3. Anti-Abrasion
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hull Paint Industry Market Size and Volume Forecast by Type
13.7.1. Light Type Boat Paints
13.7.2. Grinding Sand Mold Boat Paints
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hull Paint Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hull Paint Industry Market: Market Share Analysis
14.2. Hull Paint Industry Distributors and Customers
14.3. Hull Paint Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Awlgrip
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boero YachtCoatings
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. De IJssel Coatings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FLAG Paints
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ICR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. International Yacht Paint
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Marlin Yacht Paints
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mercury Outboards
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nautix
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Norglass
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Orange Marine
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pettit
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Scott Bader
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sea-Line Troton sp. zo.o
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Veneziani Yachting
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
