What is Boat Primer Market Scope?
A boat primer is a product developed to provide adhesion and finishing to the boat that is to be painted. Boat primers can be either one or two-component products. The primers can be chosen based on the degree of hardness, their waterproofing properties, adhesion properties to different substrates, anti-corrosive properties, ease of application, and volume solids/high build properties. The United States paint and coatings industry include manufacturers, raw materials suppliers, and distributors. Raw materials for paints and coatings are derived not only from fossil fuels and minerals but also from natural products, such as clays, tree saps, and vegetable oils. Petrochemicals are still among the most critical raw material, and the industry is seriously affected by petrochemical shortages and price fluctuations.
The Boat Primer market study is being classified by Type (One Component and Two-Component), by Application (Metal, Wood, Fiberglass and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Boat Primer market throughout the predicted period.
PPG Industries (United States), Sea Hawk (United States), Rust-Oleum (United States), Total Boat (United States), AkzoNobel (Netherlands), Attiva Marine (Italy), Boero (Italy), JOTUN (Norway), Marlin Yacht Paints (Italy) and Nautix (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Altex Coatings Ltd. (New Zealand), Norglass (Australia), W. Heeren & Zoon BV (Netherlands), Chugoku Paints B.V. (Netherlands) and Plastimo (France).
Analyst at AMA have segmented the market study of Global Boat Primer market by Type, Application and Region.
On the basis of geography, the market of Boat Primer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In 2020, PPG Industries has announced that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, N.V., and Amsterdam, in a deal valued at USD 1.05 billion.
On September 23, 2019, AkzoNobel launched Awlgrip HDT (High Definition Technology), a new single-stage repairable topcoat. Awlgrip HDT is a high performance, mirror-like single-stage coating that allows owners to protect their boat with a stunning, long-lasting finish, all without sacrificing convenience.
Influencing Market Trend
- Nanotechnology-Based Nano Marine Primer
- Increasing Boat Repairing and Overhaul Demand
- Upcoming Shipbuilding Projects and Plans
- Increasing Demand from the Marine Industries
- Advancements in Marine Coating Technologies
- Fluctuation in Oil and Petroleum Products
- Strict Environmental Regulations Pertaining To Marine Coatings
- Choosing Right Primer is the Biggest Challenge
Key Target AudienceBoat Primer Manufacturers, Raw Material Supplier, Traders/Distributors/Exporters/Importers, Industry Bodies & Associations, End-Use Industries and Others
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