Global (United States, European Union and China) Antifouling Agent Market Research Report 2019-2025

The antifouling agent utilizes its strong osmotic action, does not form a film on the surface layer, penetrates into the internal micropores, and forms a nanoscopic spherical crystalline curing layer, which can excellently prevent the entry of various water pollutants without affecting the color of the substrate. And permeability, to avoid the substrate caused by moisture retention inside the substrate lesions; dust and pollution can only float on the substrate surface, easy to clean. Waterproof and anti-fouling protection agent has strong penetration and plays a full protective role on the ground of buildings.
Fouling damages the body of the ship and decreases maneuverability which further leads to safety hazards. Therefore, coating shipping vessels with antifouling agents enhances not only the strength but also the overall performance of the vessels. These agents improve vessel performance by inhibiting the growth of sub-aquatic organisms on the underwater surfaces of the same. Commercial ships are generally coated with synthetic chemical compound paints. These chemical paints have adverse environmental effects. Rising ecological concerns are fuelling the need for biologically derived eco-friendly antifouling options. These may provide biomimetic and natural antifouling coatings. Biomimetics are expected to spur newer innovations in non-toxic options.
Middle East and Africa (MEA) antifouling agent market size was valued at more than USD 22 million in 2017 and is anticipated to increase further due to increase in capital expenditure for the offshore vessels development in Nigeria, Saudi Arabia, and Angola.Europe antifouling agent market demand was above 6 kilo tons in 2017. Countries including the UK and Italy where high penetration of yacht manufacturers is noted is likely to be among the key factors to drive the demand in the region.U.S. antifouling agent market size witnessed demand of more than 3 kilo tons in 2017 and is projected to observe significant growth over the forecast period. Increase in unconventional sources production such as tight oil and shale gas in Canada and the U.S. is expected to favorably impact the industry.
In 2019, the market size of Antifouling Agent is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Antifouling Agent.

This report studies the global market size of Antifouling Agent, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Antifouling Agent production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
PPG Industries
AkzoNobel
Sherwin-Williams
Jotun
Hempel
Advance Marine Coating
Nippon Paint
Kansai Paint

Market Segment by Product Type
Organotin Compounds
Biocides
Copper

Market Segment by Application
Shipping Vessels
Drilling Rigs & Production Platform
Gas & Oil

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the Antifouling Agent status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Antifouling Agent manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Antifouling Agent are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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