YACHT COATINGS MARKET

INTRODUCTION

 Between the water and the substrate, the marine protective coatings act as a barrier to shield it from harm.

They are typically used on ships, tankers, and other watercraft, but they are also used on offshore oil rig structures like buoys and propellersIt yields high gloss finishes to wood, fibreglass, aluminium, or steel and may be applied with a paint roller, brush or spray gun and most importantly its superior resistance to sun, saltwater, chemicals, and abrasion.

A coating is a covering that is put on an object's surface, also known as the substrate. The coating may be used for practical, ornamental, or a combination of both purposes. It is possible to apply coatings as liquids, gases, or solids, such as powder coatings.

YACHT COATINGS MARKET SIZE AND FORECAST

The Global yacht coatings market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

With the introduction of Awlgrip HDT (High Definition Technology), a revolutionary single-stage repairable topcoat from AkzoNobel, managing yacht care and maintenance has never been simpler.

Awlgrip HDT is a high performance, mirror-like single-stage coating that allows owners to cover their boats with a spectacular, long-lasting finish without sacrificing convenience, setting new standards in topcoat look and toughness. When put to the test during the most recent Volvo Ocean Race, the innovative product passed even the most rigorous tests (now called The Ocean Race).

Awlgrip HDT, which has less volatile organic compounds (VOCs) than conventional topcoats, combines the functionality of a hard, long-lasting finish (Awlgrip topcoat) and a somewhat softer, repairable finish (Awlcraft 2000).

The new Awlgrip product is now available in North America and Europe. It follows the introduction of Awlgrip HDT polyurethane clear coat in October last year, which can be applied over the entire lineup of Awlcraft SE basecoats. Awlgrip HDT will provide yacht owners with a more durable and simple to maintain finish because they are constantly seeking to please their clients.

It's an additional tool in the "box of paint tools" that was created with a focus on reproducibility, great colour retention, and consistent application. All of their products are designed to change the world.

They were dedicated to developing functional colours as well as cutting-edge supporting colour tools and solutions that address any technological issues or performance requirements their sailboat customers have. 

COMPANY PROFILE

• Safinah group
• Nippon paint marine
• Hempel
• Jotun yachting
• AkzoNobel

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many yacht coatings are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global yacht coatings and key vendor selection criteria
3. Where are the yacht coatings manufactured? What is the average margin per unit?
4. Market share of Global yacht coatings market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global yacht coatings in-house
6. key predictions for next 5 years in Global yacht coatings market
7. Average B-2-B yacht coatings market price in all segments
8. Latest trends in yacht coatings market, by every market segment
9. The market size (both volume and value) of the yacht coatings market in 2024-2030 and every year in between?
10. Production breakup of yacht coatings market, by suppliers and their OEM relationship