Just Published: "Antifouling Coating Industry Outlook in Global to 2016"

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Antifouling Coating Market Size, Share, Trend
Analysis, Market Growth By Technology
Application And Segment Forecasts To 2022

The global Antifouling Coating Market is expected to reach USD 2.43 billion by 2022, according to a
new report by Grand View Research, Inc. Antifouling coatings are applied in order to increase the
durability of hulls and underwater surfaces of marine vessels including passenger ships, cargoes,
yachts and drilling rigs. Increasing number of merchant fleets on account of improvement of shipbased logistics in emerging markets including India, Brazil and Middle East countries is expected to
drive market growth for coatings. Rising importance of Floating Production Storage Offloading
(FPSO) in upstream oil & gas sector in light of increasing requirement for integrated compact
systems in deep water offshore reserves is expected to increase the incorporation of antifouling
Antifouling coatings demand in shipping vessels was 71.0 kilo tons in 2014. However, drilling rigs &
production platforms are expected to witness significant gains over the forecast period on account
of expansion of offshore natural gas production capacity in Brazil, Saudi Arabia, Oman, China and
Browse Detail Report With TOC @ http://www.hexareports.com/report/antifouling-coatingmarket/details
Further key findings from the report suggest:
Global antifouling coatings demand was 84.3 kilo tons in 2014 and is expected to exceed 130 kilo
tons by 2022, growing at a CAGR of over 5.0% from 2015 to 2022.
Demand in drilling rigs & production platforms exceeded 13 kilo tons in 2014. Positive offshore oil &
gas industry outlook in Brazil, Nigeria, Angola, China and Malaysia in light of regulatory support to
promote foreign investments at domestic level is expected to fuel coatings demand.

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