선박용 코팅 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the marine coatings market size is expected to increase from 1.04 billion liters in 2025 to 1.08 billion liters in 2026 and reach 1.34 billion liters by 2031, growing at a CAGR of 4.38% over 2026-2031.

This report is Segmented by Type (Anti-Corrosion, Antifouling, and More), Resin (Epoxy, Polyurethane, Acrylic, and More), Technology (Water-Borne, Solvent-Borne, UV-Cured, and Powder), Application (Marine OEM, and Marine Aftermarket), and Geography (North America, South America, Europe, Asia Pacific, and Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (Liters).

Global Marine Coatings Market Trends and Insights

Surge in Newbuild Orders for LNG-Powered and Hybrid Vessels

LNG propulsion is reshaping the marine coatings market as shipyards pivot toward dual-fuel and hybrid tonnage to meet IMO 2030 carbon targets. DNV logged 87 LNG-fueled vessels totaling 14.2 million gross tonnes ordered in 1H 2025, which raised demand for cryogenic-resistant epoxy tank linings. South Korean builders captured 61% of 2024 LNG contracts, consolidating regional volume. Operators are also specifying silicone foul-release finishes to minimize drag, exemplified by Chugoku Marine Paints' BIOCLEAN PLUS that extends dry-dock intervals to 90 months. Early adopters report up to 5% fuel savings over five-year spans, reinforcing cost-of-ownership arguments. This momentum underpins a steady stream of orders that keeps the marine coatings market expanding through the medium term.

Rising Dry-Docking Frequency Post-IMO CII Ratings Rollout

The Carbon Intensity Indicator rates ships annually from A to E. Vessels graded D for three consecutive years or E for one face operational curbs, pushing owners to repaint more often. Aftermarket volumes are therefore rising 5.18% yearly, outpacing overall market growth. Singapore's dry-dock throughput climbed 22% in 2025 as operators sought hull cleaning to retain A or B grades. Jotun's digital Hull Skating robot enables real-time hull assessment and trims bunker burn by 8% across container fleets. These tools make predictive maintenance mainstream and amplify aftermarket pull for high-performance coatings that deliver smooth surfaces over longer cycles.

Tightening EU and US Biocide Approvals

The European Chemicals Agency withdrew zinc pyrithione in 2024, removing a component found in roughly 40% of antifouling paints. Reformulation typically needs up to two years, causing supply tension. The U.S. EPA Vessel Incidental Discharge Act further limits copper leach rates, effectively excluding many legacy products in certain waters. These dual rulings lift research and development outlays for silicone foul-release systems that are 30%-50% pricier than traditional coatings, a cost hurdle for owners in emerging markets. The potential PFAS phase-out would add another redesign cycle, extending the negative drag on the marine coatings market CAGR.

Other drivers and restraints analyzed in the detailed report include:

1. Accelerating Cruise-Fleet Refurbishment Cycles
2. Expansion of Offshore Wind Farm Maintenance Contracts
3. Volatile Titanium-Dioxide and Epoxy Feedstock Costs

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Antifouling products captured 47.28% volume in 2025 within the marine coatings market size, confirming their central role in fuel-saving strategies. Regulatory pressure is pushing owners toward foul-release coatings, whose 4.75% CAGR makes them the fastest expanding sub-segment. Jotun's Hull Skating platform combines silicone foul-release chemistry with sensors that optimize performance windows, illustrating the technology leap demanded by new efficiency rules. Anti-corrosion systems remain vital for LNG cargo tanks and container hulls, especially in Asian newbuild programs. Moisture-cure formulations are gaining share in dockside repairs because they cure via humidity, accelerating turnaround during tight docking slots.

The European Chemicals Agency ban on zinc pyrithione causes a split market. Premium fleets adopt silicone foul-release finishes for 5%-8% fuel savings, while cost-sensitive owners stick to copper systems still allowed in many routes. Advanced anti-corrosion lines now add nano-silica to extend service life. PPG's self-smoothing Sigmaglide 2390 improves hull roughness by 6%, lifting efficiency gains. Moisture-cure coatings stay niche due to short pot life but solve critical spot-repair jobs, balancing the product mix in the marine coatings market.

Alkyds secured 54.79% of the 2025 marine coatings market share because of their low price and compatibility with legacy equipment. Polyurethanes, however, post the highest 4.52% CAGR through 2031 by offering superior gloss retention on cruise topsides. Epoxies dominate primers and cryogenic tanks thanks to outstanding adhesion in saltwater immersion, while acrylics expand inside water-borne systems as regulators cap VOCs.

Cruise operators favor polyurethane despite its 20%-30% price premium because Royal Caribbean specifies 15-year cosmetic durability on newbuilds delivered from 2027 onward. Epoxy margins feel pressure from bisphenol-A volatility, but performance keeps demand steady. Niche fluoropolymer grades improve chemical resistance on chemical tankers, though looming PFAS restrictions could redirect research and development to ceramic-reinforced epoxies. These shifts ensure resin competition stays dynamic in the marine coatings market.

Complete Report Scope:

• By Type
  • Anti-corrosion
  • Antifouling
  • Foul Release
  • Mositure Cure
• By Resin
  • Epoxy
  • Polyurethane
  • Acrylic
  • Alkyd
  • Other (Fluoropolymer, Polyester etc)
• By Technology
  • Water-borne
  • Solvent-borne
  • UV-cured
  • Powder
• By Application
  • Marine OEM
  • Marine Aftermarket
• By Geography
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Malaysia
    • Vietnam
    • Rest of Asia Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Nigeria
    • Rest of Middle east and Africa

Geography Analysis

Asia Pacific accounted for 72.17% of the 2025 volume and is advancing at a 4.82% CAGR through 2031, as China retained 50.5% of global completions by compensated gross tonnage. South Korean yards specialize in LNG carriers, capturing the value-dense eco-ship niche that demands premium cryogenic tank coatings. Japanese builders, while smaller, remain pivotal for chemical tankers where coating reliability is paramount. Water-borne uptake is growing in China because local regulations now tax high-VOC finishes, a step that lifts regional demand for advanced formulations.

Europe's demand profile is led by offshore wind foundations and cruise refurbishments. EU renewable directives keep turbine installations on track for 76 GW by 2030, spurring long-life anti-corrosion sales. Zinc-pyrithione withdrawal accelerated foul-release adoption to 38.4% penetration in 2025, triple China's ratio. North America mirrors Europe on VOC pressure; VIDA implementation steers cruise lines to rapid-cure, low-solvent systems on Caribbean routes.

The Middle East invests in new yards to service oil tanker fleets, raising demand for high-temperature anti-corrosion epoxies. Africa remains nascent apart from South African repair docks. South America sees pockets of growth in Brazil's offshore sector, but lags because of economic cycles. These geographic contrasts affirm divergent adoption curves in the marine coatings market.

1. AkzoNobel N.V.
2. Jotun
3. Chugoku Marine Paints Ltd.
4. PPG Industries Inc.
5. Hempel A/S
6. The Sherwin-Williams Company
7. Kansai Paint Marine Co., Ltd.
8. Nippon Paint Marine Coatings Co. Ltd.
9. Axalta Coating Systems
10. BASF SE
11. KCC Corporation
12. BOERO BARTOLOMEO S.p.A.
13. Engineered Marine Coatings LLC
14. MCU Coating International
15. Pettit Marine Paints
16. RPM International Inc.
17. Carboline Company
18. Sika AG
19. Arkema S.A. (Bostik Yacht Coatings)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Surge in newbuild orders for LNG-powered and hybrid vessels
  • 4.2.2 Rising dry-docking frequency post-IMO CII ratings rollout
  • 4.2.3 Accelerating cruise-fleet refurbishment cycles
  • 4.2.4 Expansion of offshore wind farm maintenance contracts
  • 4.2.5 Growing ESG-linked ship-financing that rewards low-VOC coatings
• 4.3 Market Restraints
  • 4.3.1 Tightening EU and US biocide approvals
  • 4.3.2 Volatile titanium-dioxide and epoxy feedstock costs
  • 4.3.3 Skilled applicator shortage inflating labor rates
• 4.4 Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Porter's Five Forces
  • 4.6.1 Bargaining Power of Suppliers
  • 4.6.2 Bargaining Power of Buyers
  • 4.6.3 Threat of New Entrants
  • 4.6.4 Threat of Substitutes
  • 4.6.5 Degree of Competition

5 Market Size and Growth Forecasts (Volume)

• 5.1 By Type
  • 5.1.1 Anti-corrosion
  • 5.1.2 Antifouling
  • 5.1.3 Foul Release
  • 5.1.4 Mositure Cure
• 5.2 By Resin
  • 5.2.1 Epoxy
  • 5.2.2 Polyurethane
  • 5.2.3 Acrylic
  • 5.2.4 Alkyd
  • 5.2.5 Other (Fluoropolymer, Polyester etc)
• 5.3 By Technology
  • 5.3.1 Water-borne
  • 5.3.2 Solvent-borne
  • 5.3.3 UV-cured
  • 5.3.4 Powder
• 5.4 By Application
  • 5.4.1 Marine OEM
  • 5.4.2 Marine Aftermarket
• 5.5 By Geography
  • 5.5.1 Asia Pacific
    • 5.5.1.1 China
    • 5.5.1.2 Japan
    • 5.5.1.3 South Korea
    • 5.5.1.4 India
    • 5.5.1.5 Malaysia
    • 5.5.1.6 Vietnam
    • 5.5.1.7 Rest of Asia Pacific
  • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 UAE
    • 5.5.5.3 South Africa
    • 5.5.5.4 Nigeria
    • 5.5.5.5 Rest of Middle east and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share (%)/Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products and Services, Recent Developments)
  • 6.4.1 AkzoNobel N.V.
  • 6.4.2 Jotun
  • 6.4.3 Chugoku Marine Paints Ltd.
  • 6.4.4 PPG Industries Inc.
  • 6.4.5 Hempel A/S
  • 6.4.6 The Sherwin-Williams Company
  • 6.4.7 Kansai Paint Marine Co., Ltd.
  • 6.4.8 Nippon Paint Marine Coatings Co. Ltd.
  • 6.4.9 Axalta Coating Systems
  • 6.4.10 BASF SE
  • 6.4.11 KCC Corporation
  • 6.4.12 BOERO BARTOLOMEO S.p.A.
  • 6.4.13 Engineered Marine Coatings LLC
  • 6.4.14 MCU Coating International
  • 6.4.15 Pettit Marine Paints
  • 6.4.16 RPM International Inc.
  • 6.4.17 Carboline Company
  • 6.4.18 Sika AG
  • 6.4.19 Arkema S.A. (Bostik Yacht Coatings)

7 Market Opportunities and Future Outlook

• 7.1 White-space and unmet-need assessment