Coatings World - August 2017

The Marine Coatings Market
August 2017 www.coatingsworld.com Coatings World | 35

designed to provide access to application guides, technical datasheets, product brochures, information cards and regional contacts.

In addition to technical datasheets, application guidelines and material safety datasheets (MSDS), the app also contains a full version of the most up-to-date cargo resistance guide.

“This information is essential for chemical tanker operators
who need to know which coatings are suitable for specific prod-
ucts,” said Wezenbeek. “The glossary of terms will be invaluable
in helping users keep track of the assortment of acronyms and
technical terms used in the world of marine coatings, particu-
larly those new to the industry.”
Improving safety is a key issue when dealing with the ma-
rine coatings market. AkzoNobel, oil and gas tanker operator
Barrier Group and DroneOps joined forces to develop a drone
capable of remotely inspecting enclosed spaces and ballast wa-
ter tanks. The project will use advanced virtual reality technol-
ogy to deliver safer, more accurate evaluations of ballast water
tanks, offshore wind farms and other enclosed or difficult to
access spaces on ships and marine structures, including inspec-
tions of coatings and corrosion.

AkzoNobel has also launched a new multi-purpose one pack primer. Interstores Alkyd Primer is the latest addition to the Interstores range and is compatible with most AkzoNobel topcoat options. Specifically created with the needs of crew in mind, it is specially formulated for brush and roller application and is suitable for all substrates above the waterline.

“With the addition of Interstores Alkyd Primer, the Interstores
range is now fully equipped to meet the full spectrum of on
board maintenance requirements,” said Wezenbeek. “Combined
with carefully selected global port availability, we can effectively
support ship operators to pick up the products in the most cost-
effective locations with minimal lead time.”
“AkzoNobel has the history of being a pioneer of sustain-
ability and innovation for coatings in the marine industry,” said
Wezenbeek. “For decades, our team of chemical engineers, ma-
terial scientists, biologists, hydrodynamic experts, physicists and
– nowadays – digital innovation specialists have been working
on projects like biomimicry, drone technology, robotics, intel-
ligent sensors and big data applications.

“Sustainability is key driver to develop these exciting tech-
nologies. This is the only way forward in shipping. With that
belief as our compass, we have developed a number of initiatives
to limit environmental impact across the entire industry and to
drive efficiencies for our customers, enabling them to do more
with less.”
According to Wezenbeek, AkzoNobel is committed to under-
take tangible actions towards lowering carbon emissions of the
world’s shipping fleets, reducing emissions of biocides, and re-
moving plastic from the world’s oceans as a part of its landmark
initiative called sustainable shipping.

“We work closely with other key industry players like our recent agreement with Maersk, in which we are creating transparency on sustainable best practices in the supply chain and reducing carbon emissions,” Wezenbeek said. CW

Marine Coatings Market at a Glance

• In 2015, the global marine coatings segment size was $3,836 million in value and 808 million liters in volume.

• The global market experienced 2.4 growth in value and 0.4 volume growth over the last five years.

• Average pricing has increased slightly during the past five years.

• Growth is expected to accelerate in both value and volume as the new build market continues to recover.

• Value for 2018 is forecasted to be $4,514 million on 912 million liters.

• Industry supplier consolidation has reached a very high level whereby 85 of the market is supplied by six companies.

• Consumption is directly tied to end-use new builds and maintenance and repair markets.

• Shipbuilding production growth is projected to increase during the forecasted period compared to the past five years.

• Pleasure craft production is rebounding but remains below prerecession levels.

• Compared to previous cycles, the maintenance and repair for drydocking and sea stocks for vessels will grow to support a larger fleet.

• Regulatory requirements have driven significant changes in marine coating formulation technologies, most notably in relation to antifouling coatings.