Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Marine Thinner Market by Type (Epoxy Thinner, Polyurethane Thinner, Others), By Application (Passenger Ship, Cargo Ship, Fishing Boat, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Marine Thinner Market by Type (Epoxy Thinner, Polyurethane Thinner, Others), By Application (Passenger Ship, Cargo Ship, Fishing Boat, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 200201 3300 Chemical & Material 377 232 Pages 4.7 (45)
                                          

The global marine thinner market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for marine coatings and paints in passenger ships, cargo ships, and fishing boats. The increasing demand for these products is due to their ability to protect against corrosion and other environmental factors such as salt water, sun exposure, etc, which are major concerns for ship owners. Epoxy Thinner: Epoxy thinners are used in epoxy coatings that are applied on metal surfaces such as steel or aluminum sheets or panels before painting them with an epoxy coating system. These thinners help in reducing viscosity of epoxies so that they can be easily applied on metal surfaces without any difficulty. Polyurethane Thinner: Polyurethane thinners are used in polyurethane coatings that are applied on wood surfaces before painting them with a polyurethane coating system. These thinners help in reducing viscosity of polyurethanes so that they can be easily applied on wood surfaces without any difficulty.

Some Of The Growth Factors Of This Market:

  1. The Marine Thinner market is driven by the increasing demand for marine coatings and paints.
  2. Increasing demand for marine coatings and paints in emerging economies such as China, India, Brazil, and Mexico.
  3. Increasing demand for low VOC products in the US.
  4. Increasing use of waterborne coatings.

Industry Growth Insights published a new data on “Marine Thinner Market”. The research report is titled “Marine Thinner Market research by Types (Epoxy Thinner, Polyurethane Thinner, Others), By Applications (Passenger Ship, Cargo Ship, Fishing Boat, Others), By Players/Companies 3M, Flag Paints, Epifanes, Pettit Marine Paint, Norglass, Marlin Yacht Paints, Hempel, Nautix”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Marine Thinner Market Research Report

By Type

Epoxy Thinner, Polyurethane Thinner, Others

By Application

Passenger Ship, Cargo Ship, Fishing Boat, Others

By Companies

3M, Flag Paints, Epifanes, Pettit Marine Paint, Norglass, Marlin Yacht Paints, Hempel, Nautix

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

232

Number of Tables & Figures

163

Customization Available

Yes, the report can be customized as per your need.


Global Marine Thinner Industry Outlook


Global Marine Thinner Market Report Segments:

The global Marine Thinner market is segmented on the basis of:

Types

Epoxy Thinner, Polyurethane Thinner, 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

Passenger Ship, Cargo Ship, Fishing Boat, 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:

  1. 3M
  2. Flag Paints
  3. Epifanes
  4. Pettit Marine Paint
  5. Norglass
  6. Marlin Yacht Paints
  7. Hempel
  8. Nautix

Global Marine Thinner Market Overview


Highlights of The Marine Thinner Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Epoxy Thinner
    2. Polyurethane Thinner
    3. Others
  1. By Application:

    1. Passenger Ship
    2. Cargo Ship
    3. Fishing Boat
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Marine Thinner 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

Global Marine Thinner Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Marine thinner is a solvent or chemical used to dissolve substances in water. It can be used as an additive to reduce drag on boats and ships, or it can be sprayed onto surfaces to clean them.

Some of the key players operating in the marine thinner market are 3M, Flag Paints, Epifanes, Pettit‚ Marine Paint, Norglass, Marlin Yacht Paints, Hempel, Nautix.

The marine thinner market is expected to register a CAGR of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Marine Thinner 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. Marine Thinner Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Marine Thinner Market - Supply Chain
   4.5. Global Marine Thinner Market Forecast
      4.5.1. Marine Thinner Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Marine Thinner Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Marine Thinner Market Absolute $ Opportunity

5. Global Marine Thinner 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. Marine Thinner Market Size and Volume Forecast by Type
      5.3.1. Epoxy Thinner
      5.3.2. Polyurethane Thinner
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Marine Thinner 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. Marine Thinner Market Size and Volume Forecast by Application
      6.3.1. Passenger Ship
      6.3.2. Cargo Ship
      6.3.3. Fishing Boat
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Marine Thinner 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. Marine Thinner 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 Marine Thinner 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. Marine Thinner 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 Marine Thinner Demand Share Forecast, 2019-2026

9. North America Marine Thinner 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 Marine Thinner 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 Marine Thinner Market Size and Volume Forecast by Application
      9.4.1. Passenger Ship
      9.4.2. Cargo Ship
      9.4.3. Fishing Boat
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Marine Thinner Market Size and Volume Forecast by Type
      9.7.1. Epoxy Thinner
      9.7.2. Polyurethane Thinner
      9.7.3. Others
   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 Marine Thinner Demand Share Forecast, 2019-2026

10. Latin America Marine Thinner 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 Marine Thinner 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 Marine Thinner Market Size and Volume Forecast by Application
      10.4.1. Passenger Ship
      10.4.2. Cargo Ship
      10.4.3. Fishing Boat
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Marine Thinner Market Size and Volume Forecast by Type
      10.7.1. Epoxy Thinner
      10.7.2. Polyurethane Thinner
      10.7.3. Others
   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 Marine Thinner Demand Share Forecast, 2019-2026

11. Europe Marine Thinner 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 Marine Thinner 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 Marine Thinner Market Size and Volume Forecast by Application
      11.4.1. Passenger Ship
      11.4.2. Cargo Ship
      11.4.3. Fishing Boat
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Marine Thinner Market Size and Volume Forecast by Type
      11.7.1. Epoxy Thinner
      11.7.2. Polyurethane Thinner
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections 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 Marine Thinner Demand Share, 2019-2026

12. Asia Pacific Marine Thinner 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 Marine Thinner 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 Marine Thinner Market Size and Volume Forecast by Application
      12.4.1. Passenger Ship
      12.4.2. Cargo Ship
      12.4.3. Fishing Boat
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Marine Thinner Market Size and Volume Forecast by Type
      12.7.1. Epoxy Thinner
      12.7.2. Polyurethane Thinner
      12.7.3. Others
   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 Marine Thinner Demand Share, 2019-2026

13. Middle East & Africa Marine Thinner 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 Marine Thinner 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 Marine Thinner Market Size and Volume Forecast by Application
      13.4.1. Passenger Ship
      13.4.2. Cargo Ship
      13.4.3. Fishing Boat
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Marine Thinner Market Size and Volume Forecast by Type
      13.7.1. Epoxy Thinner
      13.7.2. Polyurethane Thinner
      13.7.3. Others
   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 Marine Thinner Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Marine Thinner Market: Market Share Analysis
   14.2. Marine Thinner Distributors and Customers
   14.3. Marine Thinner Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. 3M
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Flag Paints
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Epifanes
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Pettit Marine Paint
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Norglass
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Marlin Yacht Paints
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Hempel
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Nautix
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         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

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