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Market value of marine coatings worldwide in 2016 and 2024
(in billion U.S. dollars)
Global marine coating market value 2016 & 2024
Marine coatings are forecast to have a global market value amounting to approximately 19 billion U.S. dollars in 2024. Marine coatings have a variety of applications, including anti-fouling coatings/paints, which slows the growth or facilitates the detachment of subaquatic plants and animals that attach themselves to the hull of vessels and can slow down and damage the vessel.
Market value of marine coatings worldwide in 2016 and 2024
(in billion U.S. dollars)
Market value in billion U.S. dollars
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Source

Release date

2017

Region

Worldwide

Survey time period

2016

Supplementary notes

*Forecast based on a CAGR of seven percent from 2017 to 2024.

Global marine coating market value 2016 & 2024
Marine coatings are forecast to have a global market value amounting to approximately 19 billion U.S. dollars in 2024. Marine coatings have a variety of applications, including anti-fouling coatings/paints, which slows the growth or facilitates the detachment of subaquatic plants and animals that attach themselves to the hull of vessels and can slow down and damage the vessel.
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