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Anti-fouling leisure boat marine coatings to gain massive prominence in the shipbuilding sector

Author : Ravi Chawat | Published Date : 2020-09-11 

There has been an influx of technological developments in leisure boat marine coatings industry as leading players vie to rev up their revenue generating opportunities. Global phenomenon alludes notable rise in tourists to have had a major influence on the demand for marine coatings. According to the United Nations World Tourism Organization (UNWTO), more than 1.8 billion tourists are likely to travel around the world by 2030.

Marine coatings tend to provide superior corrosion protection and shield the submerged materials such as ships, vessels and yachts from the sea water. Manufacturers often use aliphatic diisocyanates as a major component in the production of marine coatings. Profound use of polyurethane-based marine coatings has led to the enhancement of ship’s appearance and has been playing invaluable role in shielding the deck, the hull and other areas from hostile elements of the sea.

Numerous ships around the globe are using coating technologies for leisure craft given that they provide maximum color and gloss retention, exceptional weather resistance (resistance to chalking, yellowing or degradation by sunlight), and has tremendous impact and abrasion resistance. Rigorous environmental regulations have been fueling innovation for marine coatings. For instance, developments are being made to come up with coating systems to boost ship’s energy efficiency, ramp up the drying process, and reduce fuel costs to put constrain on ship downtime and labor costs.

Leisure boat marine coatings manufacturers have been reaping benefits from a rise in ship repair and maintenance. Coatings and ship building industries have been employing thousands of workers to boost transportation of essential products and services. Manufacturers are continuously focusing on the development of coatings which will help boost vessel efficiency and decrease maintenance costs. Use of advanced marine coatings having excellent water, oil, solvent and chemical resistance, thereby helping manufactures prevent corrosion.

Dramatic rise in high-net-worth individual (HNWI) and ultra-HNWI population has had overarching influence on the industry size expansion. The U.S. is said to have the highest number of HNWIs with over 5.28 million elite people in the country. With meteoric rise in the number of HNWI population in India, and sustained growth of those population in the U.S., Germany, Japan, and China, manufacturers of leisure boat marine coatings are gearing to boost their portfolios and expand their penetration in untapped markets. Accordingly, prominent players are eyeing to boost their investments in North America, APAC and Europe.

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About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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