The global silyl acrylate polymer market is expected to grow from USD 2.7 billion in 2019 to USD 5.88 billion by 2027, at a CAGR of 8.9% during the forecast period 2020-2027.
Silyl acrylate polymer or SAP is a kind of polymer that is employed in the production of anti-fouling paint used in marine vessel coatings. Naval vessels are constantly submerged in seawater. This results in the development of aquatic species such as algae on the hull of the ship accelerating corrosion, reducing speed and increasing weight. Silyl acrylate polymer inhibits the growth of aquatic species on the hull or surface of the vessel.
This study delivers a comprehensive analysis of type, sector, application and regions. The research includes growth drivers as well as challenges prevalent in the global silyl acrylate polymer market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the silyl acrylate polymer market. The type segment includes metal containing and metal free. The metal free segment held the largest share in 2019 and is forecasted to grow at the highest CAGR due to its self-polishing characteristics and controlled release of metal biocides. On the basis of sector, the market has been segmented into new shipbuilding, and repair & maintenance. In 2019 the new shipbuilding segment held the majority share of the global market. This was primarily owing to increasing shipbuilding activities. Based on application, the global silyl acrylate polymer market has been divided into deep sea, offshore vessels, coastal, containers, leisure boats, and others. The coastal application segment had the highest market share in 2019 Coastal vessels consist primarily of cargo vessels which undergo extreme delays in warm water ports, resulting in a rapid accumulation of excessive biological hull fouling. As a result, silyl acrylate polymer greatly decreases fuel consumption with minimal velocity loss.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With growing maritime trading operations, presence of strategic sea trade routes, low-cost labour, robust & expansionist shipbuilding industry, rising government expenditure, and dry-docking operations, the Asia-Pacific region stands as a promising market for silyl acrylate polymer and is expected to grow at the highest CAGR during the forecast period. It is estimated that one-third of global shipping passes through the South China Sea. In 2018, China led the global shipbuilding industry with a market share of more than 40%, followed by South Korea, with a good proportion of almost a quarter.
Some of the notable players in the silyl acrylate polymer market are Kansai Paint Marine Co., KCC Corporation, PPG Industries, Yuki Gosei Kogyo Co. Ltd, Chugoku Marine Paints, Ltd., Geochem Solutions, BASF SE, Jotun A/S, Hempel A/S, AkzoNobel, and Arkema SA, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global silyl acrylate polymer industry.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Silyl Acrylate Polymer Market Analysis And Forecast, By Type
Global Silyl Acrylate Polymer Market Analysis And Forecast, By Sector
Global Silyl Acrylate Polymer Market Analysis And Forecast, By Application
Global Silyl Acrylate Polymer Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Sector
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing shipbuilding activities
5.3. Restraints
5.3.1. Production is closed due to covid-19 lockdown
5.4. Opportunities
5.4.1. Rising geo-political tensions in the South China Sea
6. Global Silyl Acrylate Polymer Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Metal Containing
6.3. Metal Free
7. Global Silyl Acrylate Polymer Market Analysis and Forecast, By Sector
7.1. Segment Overview
7.2. New Shipbuilding
7.3. Repair & Maintenance
8. Global Silyl Acrylate Polymer Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Deep Sea
8.3. Offshore Vessels
8.4. Coastal
8.5. Containers
8.6. Leisure Boats
8.7. Others
9. Global Silyl Acrylate Polymer Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Silyl Acrylate Polymer Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Silyl Acrylate Polymer Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Applications, Launches, and Developments
10.3.2. Partnerships Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Kansai Paint Marine Co.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. KCC Corporation
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. PPG Industries
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Yuki Gosei Kogyo Co. Ltd
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Chugoku Marine Paints, Ltd.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Geochem Solutions
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. BASF SE
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Jotun A/S
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Hempel A/S
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. AkzoNobel
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Arkema SA
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
List of Table
1. Global Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
2. Global Metal Containing, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
3. Global Metal Free, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
4. Global Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
5. Global New Shipbuilding, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
6. Global Repair & Maintenance, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
7. Global Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
8. Global Deep Sea, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
9. Global Offshore Vessels, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
10. Global Coastal, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
11. Global Containers, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
12. Global Leisure Boats, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
13. Global Others, Silyl Acrylate Polymer Market, By Region, 2019-2027 (USD Billion)
14. North America Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
15. North America Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
16. North America Silyl Acrylate Polymer Market, By Application 2019-2027 (USD Billion)
17. U.S. Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
18. U.S. Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
19. U.S. Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
20. Canada Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
21. Canada Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
22. Canada Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
23. Mexico Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
24. Mexico Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
25. Mexico Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
26. Europe Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
27. Europe Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
28. Europe Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
29. Germany Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
30. Germany Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
31. Germany Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
32. France Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
33. France Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
34. France Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
35. U.K. Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
36. U.K. Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
37. U.K. Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
38. Italy Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
39. Italy Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
40. Italy Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
41. Spain Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
42. Spain Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
43. Spain Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
44. Asia Pacific Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
45. Asia Pacific Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
46. Asia Pacific Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
47. Japan Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
48. Japan Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
49. Japan Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
50. China Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
51. China Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
52. China Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
53. India Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
54. India Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
55. India Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
56. South America Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
57. South America Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
58. South America Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
59. Brazil Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
60. Brazil Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
61. Brazil Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
62. Middle East and Africa Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
63. Middle East and Africa Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
64. Middle East and Africa Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
65. UAE Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
66. UAE Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
67. UAE Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
68. South Africa Silyl Acrylate Polymer Market, By Type, 2019-2027 (USD Billion)
69. South Africa Silyl Acrylate Polymer Market, By Sector, 2019-2027 (USD Billion)
70. South Africa Silyl Acrylate Polymer Market, By Application, 2019-2027 (USD Billion)
List of Figures
1. Global Silyl Acrylate Polymer Market Segmentation
2. Global Silyl Acrylate Polymer Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Silyl Acrylate Polymer Market Attractiveness Analysis By Type
9. Global Silyl Acrylate Polymer Market Attractiveness Analysis By Sector
10. Global Silyl Acrylate Polymer Market Attractiveness Analysis By Application
11. Global Silyl Acrylate Polymer Market Attractiveness Analysis By Region
12. Global Silyl Acrylate Polymer Market: Dynamics
13. Global Silyl Acrylate Polymer Market Share by Type (2020 & 2027)
14. Global Silyl Acrylate Polymer Market Share by Sector (2020 & 2027)
15. Global Silyl Acrylate Polymer Market Share by Application (2020 & 2027)
16. Global Silyl Acrylate Polymer Market Share by Regions (2020 & 2027)
17. Global Silyl Acrylate Polymer Market Share by Company (2019)
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