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ncreased development and adoption of more environmentally
sustainable and durable antifouling coatings using higher priced
Ichemistries such as silicones and fluorosilicones will propel
revenues and boost growth opportunities in the marine coatings
sector says Frost & Sullivan’s Global Marine Coatings Market,
Forecast to 2025 report.
The Asia-Pacific region is expected to dominate the market as a
result of its large base of shipbuilding and dry-docking facilities.
Frost & Sullivan expects the market to grow at a steady rate of
3.5 percent from 2018 to 2025 and reach $9.34 billion by 2025.
“Most of the presently used antifouling coatings for marine appli-
cations contain biocides to mitigate the effects of bio-fouling over
underwater components,” says Christeena Thomas, Industry
Analyst, Chemicals & Materials in Infrastructure & Mobility at
Frost & Sullivan. “With increasingly stringent environmental regu-
lations, manufacturers are investing in R&D and product develop-
ment to replace traditional biocides with organic biocides that have
minimum impact on the environment.”
Product innovation is the backbone of competitive success in
the marine coatings industry, she adds. “Although product inno-
vation to qualification is often a time-consuming process, it is
essential to stay ahead of the competition in terms of developing
application-specific solutions.”
Suppliers are creating products based on innovative variants of
technologies, such epoxy-based antifouling coatings using organic
biocides, to manufacture functional and sustainable coating
products, enhance their portfolios and attract customers that are
focused on higher durability, greater fuel efficiency, and environ-
mentally sustainable marine coatings, the report says.
In January, Nippon Paint Marine Coatings Co., Ltd., launched
FASTAR, “a unique nanodomain structured hydrolysis antifouling
paint using nanotechnology” it says will continue its history of
helping to tackle marine and air pollution.
“By controlling the resin structure of the conventional hydrolysis
antifouling technology and using the nanodomain technology, we
succeeded in adding a new antifouling function to the surface of the
coating film,” Nippon says.
By minimizing the impact of the external environment such as
sea temperature and ship speed, FASTAR will assist the stable
operation of ships and support the maritime and shipbuilding
industries as an eco-friendly paint product, the company continues.
FASTAR, a low-friction, self-polishing antifouling coating uses
advanced antifouling technology. Its unique hydrophilic and hydro-
phobic nanodomain structure in the coating film provides reportedly
excellent antifouling performance by uniformly and efficiently
eluting antifouling components from the surface of the coating film.
Nippon says its legacy products, LF-Sea and A-LF-Sea, have been
used by more than 3,300 vessels globally and received an environ-
mental award in 2019.
Also brand new is Jotun’s HullKeeper, a proactive hull optimiza-
tion program. As a supplier of marine coatings, Jotun says it recog-
nizes its role in helping the industry improve its environmental
footprint. In addition to coatings products and solutions, the
company continues to invest in digital solutions to support
customers. HullKeeper combines Jotun’s digital capabilities, ROV
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