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The global antifouling paints and coatings market size reached approximately USD 10.14 Billion in 2025. The market is further projected to grow at a CAGR of 8.90% between 2026 and 2035, reaching a value of USD 23.79 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
8.9%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Antifouling Paints and Coatings Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 10.14 |
| Market Size 2035 | USD Billion | 23.79 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 8.90% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 10.1% |
| CAGR 2026-2035 - Market by Country | India | 11.5% |
| CAGR 2026-2035 - Market by Country | Brazil | 10.5% |
| CAGR 2026-2035 - Market by Type | Self-Polishing Copolymer | 9.8% |
| CAGR 2026-2035 - Market by Application | Drilling Rigs and Production Platforms | 10.2% |
| Market Share by Country 2025 | UK | 3.9% |
Antifouling paints and coatings are used on the underwater surfaces of the ships to prevent the growth of sea life including molluscs and algae, among others, that attach themselves to the hull of the shipping vessels, yachts, and fishing boats. They are often applied as one of the components in multi-layered coating systems and also act as a barrier against corrosion.
The EMR’s report titled “Antifouling Paints and Coatings Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Region
Shipping vessels are anticipated to account for a significant antifouling paints and coatings market share. These paints and coating enhance the functioning and durability of the shipping vessels by slowing the growth and facilitating the detachment of subaquatic organisms attached to the hull. They also aid in reducing fuel consumption by decreasing frictional resistance. Antifouling paints and coatings also prevent the build-up of microorganisms, protecting marine habitats and protecting water bodies from contamination.
The Asia Pacific is anticipated to account for a significant share of the market in the coming years. This growth can be attributed to the increasing shipbuilding activities in countries including Taiwan, China, and Japan, among others. The increasing investments on production and exploration of natural gas and crude oil is bolstering the antifouling paints and coatings market demand. The utilisation of antifouling paints and coatings is further increasing in the Asia Pacific to enhance the durability and performance of the vessels.
| CAGR 2026-2035 - Market by | Country |
| India | 11.5% |
| Brazil | 10.5% |
| China | 9.6% |
| Mexico | 8.9% |
| USA | 8.3% |
| Canada | XX% |
| UK | 7.9% |
| France | XX% |
| Italy | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Germany | 7.5% |
| Japan | 6.3% |
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
PPG Industries, Inc., headquartered in Pennsylvania, United States, is involved in the development and delivery of antifouling coatings and paints. The company is dedicated towards solving the biggest challenges faced by their customers by providing them with solutions created with creativity and dedication.
Hempel A/S, headquartered in Lyngby, Denmark, is one of the leading suppliers of decorative, antifouling, protective, and marine paints and coatings for various industries across the globe. The products delivered by the company aid in minimising maintenance costs and improving aesthetics.
The Sherwin-Williams Company, headquartered in Ohio, United States, is involved in the manufacture and sale of coatings, paints, floorcoverings, and products for retail and industrial customers. The company’s product portfolio includes Decorative paints, sealants, and antifouling coatings, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other antifouling paints and coatings market key players include Jotun A/S, Nippon Paint Marine Coatings Co., Ltd., LANXESS AG, Gruppo Boero, Kansai Paint Marine Co., Ltd., RPM International Inc., and Chugoku Marine Paints, Ltd., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market reached a value of approximately USD 10.14 Billion in 2025.
The market is projected to grow at a CAGR of 8.90% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 23.79 Billion by 2035.
The major market drivers include increasing shipbuilding activities and rising investments and emphasis on enhancing the durability of the shipping vessels.
The key trends fuelling the growth of the market include development of eco-friendly antifouling paints and coatings and rising utilisation to ensure fuel efficiency.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of antifouling paints and coatings include shipping vessels, drilling rigs and production platforms, fishing boats, and yachts and other boats, among others.
The key players in the market are PPG Industries, Inc., Hempel A/S, The Sherwin-Williams Company, Jotun A/S, Nippon Paint Marine Coatings Co., Ltd., LANXESS AG, Gruppo Boero, Kansai Paint Marine Co., Ltd., RPM International Inc., and Chugoku Marine Paints, Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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