Market Overview:
The global silicone-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 silicone-based fouling release coatings from the shipping and underwater structures industries. Silicone-based fouling release coatings are used to prevent marine organisms, such as algae, barnacles, and mussels, from attaching themselves to ships and underwater structures. These coatings are available in two components type and three components type variants. The two components type variant is a simpler formulation that is easy to apply and less expensive than the three components type variant. However, it has inferior performance characteristics compared with the three components type variant.
Product Definition:
A silicone-based fouling release coating is a type of coating that is applied to a surface in order to reduce or prevent the accumulation of marine growth, or fouling. Marine growth can include algae, barnacles, and mussels, all of which can attach themselves to a surface and impede its function. Silicone-based fouling release coatings are important because they can help keep surfaces such as boat hulls clean and functioning properly, thus reducing the amount of maintenance that is needed.
Two Components Type:
The two component type fouling release coatings are made up of silicone and a non-silicone base. The silicone content in the product determines its behavior while being released from the coating. These products have applications in various end-use industries including power generation, oil & gas, aerospace & defense, automotive and construction among others.
Three Components Type:
Three components type includes three basic ingredients, namely polymer base, surfactant and de-icing/de-polymerizer. The product is used in silicone based fouling release coatings market as it provides excellent anti-fouling performance coupled with high stability at higher temperatures.
The product also helps to reduce the biofouling on the surface which is an important factor for commercial applications such as swimming pool filtration system.
Application Insights:
Ships was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product demand for ships is anticipated to increase at a CAGR of XX% from 2018 to 2030 owing to its superior properties including anti-fouling, anti-corrosion, and non-skid surfaces among others.
Silicone based paints are used in underwater structures such as pipelines for corrosion resistance as well as for silencing sound made by moving parts of the structure while under water flow conditions. Increasing offshore oil & gas exploration activities coupled with rising demand for deepwater drilling rigs is projected to augment market growth over the coming years.
The product demand in other applications such as industrial marine equipment; offshore platforms; bridges; tunnels; canals.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period owing to increasing foreign investments in countries such as China, India, Thailand, Malaysia and Indonesia. In addition, rising demand for luxury vessels including yachts and fishing boats is likely to drive industry expansion over the coming years.
The Asia Pacific region accounted for a volume share of 31.1% in 2017 on account of high product penetration in shipbuilding activities across various Asian countries such as China (35%), Japan (26%) South Korea (8%) Philippines (5%) Vietnam (4%). The presence of major shipbuilding industries coupled with low labor costs has attracted global players to set up their production facilities near these markets which will further boost market development.
Growth Factors:
- Increasing demand for silicone-based fouling release coatings from the marine industry as a result of the growing popularity of maritime transportation and cruise ships.
- The increasing use of silicone-based fouling release coatings in power generation plants to reduce biofouling and corrosion, which can lead to equipment failure and loss of power production.
- Growing demand for silicone-based fouling release coatings in water treatment facilities due to their ability to inhibit the growth of algae, bacteria, and other microorganisms that can clog pipes and filters.
- Increasing use of silicone-based fouling release coatings in food processing plants as a way to protect against microbial contamination and extend the shelf life of products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone-based Fouling Release Coatings Market Research Report
By Type
Two Components Type, Three Components Type
By Application
Ships, Underwater Structures
By Companies
AkzoNobel, Jotun, Hempel, PPG Industries, Chugoku Marine Paints, Sherwin-Williams
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Silicone-based Fouling Release Coatings Market Report Segments:
The global Silicone-based Fouling Release Coatings market is segmented on the basis of:
Types
Two Components Type, Three Components Type
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
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
- Chugoku Marine Paints
- Sherwin-Williams
Highlights of The Silicone-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:
- Two Components Type
- Three Components Type
- By Application:
- Ships
- Underwater Structures
- 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 Silicone-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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Silicone-based fouling release coatings are a type of coating that is applied to surfaces in order to reduce or prevent the formation of fouling. Fouling can occur when substances such as oils, grease, and water build up on a surface and create an obstruction for airflow. This can lead to decreased performance and increased maintenance costs for equipment using the surface. Silicone-based fouling release coatings are designed to break down these substances so that they cannot form clumps or blockages, which then allows for improved airflow and performance.
Some of the major companies in the silicone-based fouling release coatings market are AkzoNobel, Jotun, Hempel, PPG Industries, Chugoku Marine Paints, Sherwin-Williams.
The silicone-based fouling release coatings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicone-based Fouling Release Coatings 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. Silicone-based Fouling Release Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicone-based Fouling Release Coatings Market - Supply Chain
4.5. Global Silicone-based Fouling Release Coatings Market Forecast
4.5.1. Silicone-based Fouling Release Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicone-based Fouling Release Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicone-based Fouling Release Coatings Market Absolute $ Opportunity
5. Global Silicone-based Fouling Release Coatings 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. Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Type
5.3.1. Two Components Type
5.3.2. Three Components Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicone-based Fouling Release Coatings 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. Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Application
6.3.1. Ships
6.3.2. Underwater Structures
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicone-based Fouling Release Coatings 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. Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings 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. Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings Demand Share Forecast, 2019-2026
9. North America Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Application
9.4.1. Ships
9.4.2. Underwater Structures
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Type
9.7.1. Two Components Type
9.7.2. Three Components Type
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 Silicone-based Fouling Release Coatings Demand Share Forecast, 2019-2026
10. Latin America Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Application
10.4.1. Ships
10.4.2. Underwater Structures
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Type
10.7.1. Two Components Type
10.7.2. Three Components Type
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 Silicone-based Fouling Release Coatings Demand Share Forecast, 2019-2026
11. Europe Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Application
11.4.1. Ships
11.4.2. Underwater Structures
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Type
11.7.1. Two Componnts Type
11.7.2. Three Components Type
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 Silicone-based Fouling Release Coatings Demand Share, 2019-2026
12. Asia Pacific Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Application
12.4.1. Ships
12.4.2. Underwater Structures
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Type
12.7.1. Two Components Type
12.7.2. Three Components Type
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 Silicone-based Fouling Release Coatings Demand Share, 2019-2026
13. Middle East & Africa Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings 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 Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Application
13.4.1. Ships
13.4.2. Underwater Structures
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicone-based Fouling Release Coatings Market Size and Volume Forecast by Type
13.7.1. Two Components Type
13.7.2. Three Components Type
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 Silicone-based Fouling Release Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicone-based Fouling Release Coatings Market: Market Share Analysis
14.2. Silicone-based Fouling Release Coatings Distributors and Customers
14.3. Silicone-based Fouling Release Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AkzoNobel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jotun
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hempel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PPG Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chugoku Marine Paints
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sherwin-Williams
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
