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    Silyl Acrylate Polymer (SAP) Market | Covid-19 Impact Analysis

    Silyl Acrylate Polymer (SAP) Market | Covid-19 Impact Analysis

    Silyl Acrylate Polymer (SAP) Market | Covid-19 Impact Analysis
    Report code - SRAM505 Delivery - 2 Weeks
    Silyl Acrylate Polymer (SAP) Market Size, Share, Trend, Forecast, & Industry Analysis See more...
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    Impact of COVID-19 on Silyl Acrylate Polymer (SAP) Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Silyl Acrylate Polymer (SAP) Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Silyl Acrylate Polymer Market Insights

    Silyl acrylate polymer market is likely to witness a healthy CAGR of 8.2% during the forecast period. The prime factor contributing to the demand for silyl acrylate polymers is the surging shipbuilding industry in Asia-Pacific countries especially China, Japan, and South Korea. Increasing maritime trade and favorable government initiative to offer significant growth opportunities.

    Silyl Acrylate Polymer Market - Snapshot

    Growth

    8.2% for the next five years

    Dominant Product Type

    Metal Free

    Dominant Sector Type

    New Shipbuilding

    Dominant Application Type

    Coastal

    Region with the highest demand

    Asia-Pacific

    Key Players

    AkzoNobel, Arkema SA, BASF SE, Chugoku Marine Paints, Ltd., Hempel A/S, Jotun A/S, KCC Corporation, Nippon Paint Holdings Co., Ltd., PPG Industries, Yuki Gosei Kogyo Co. Ltd., and Others.

     

    Market Share Analysis

    Silyl-Acrylate-Polymer-Market-Dominant-Segments

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    Silyl Acrylate Polymer Market Share: By Product Type

    Based on the product type, the market is segmented as metal containing and metal free. Metal free held the larger share of the market in 2019 and is expected to remain dominant during the forecast period. It is also expected to register a higher growth during the same period. The metal free segment is free from elemental metal but contains metal in the form of biocides. It possesses features such as self-polishing and controlled release of metal biocides.

    Silyl Acrylate Polymer Market Share: By Sector Type

    Based on the sector type, the silyl acrylate polymer market is segmented as new shipbuilding and repair & maintenance. New shipbuilding accounted for the larger share and is expected to drive the demand for silyl acrylate polymer in the forecast period due to the growing shipbuilding sector in Asia-Pacific. Further, growing production of bulk carriers and increasing trend of containerization of marine vessels to drive the silyl acrylate polymer market. Silyl acrylate polymer is used as eco-friendly antifoulant which offers controlled release of biocides.

    Silyl Acrylate Polymer Market Share: By Application Type

    Based on the application type, the silyl acrylate polymer market is segmented as coastal, containers, deep sea, leisure boats, offshore vessels, and others. The coastal segment is expected to dominate the silyl acrylate polymer market over the forecast period. Coastal ships comprise cargo vessel, trading ships which experience longer stay in warm water resulting in accumulation of unwanted biological hull fouling. Silyl acrylate polymer enhances fuel efficiency without losing speed.

    Silyl Acrylate Polymer Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing silyl acrylate polymer market during the forecast period, with China, Japan and South Korea being the major countries with robust shipbuilding and drydocking activities. The growth of the market is associated with low labor cost, favorable govt spending, and growing marine trade activities in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Silyl-Acrylate-Polymer-Market-By-Region

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    Some of the major silyl acrylate polymer manufacturers are-

    • AkzoNobel
    • Arkema SA
    • BASF SE
    • Chugoku Marine Paints, Ltd.
    • Hempel A/S
    • Jotun A/S
    • KCC Corporation
    • Nippon Paint Holdings Co., Ltd.
    • PPG Industries
    • Yuki Gosei Kogyo Co. Ltd.
    • Others

     

    Market Scope & Segmentation

    Silyl acrylate polymer is used as antifouling coating which is categorized under self-polishing copolymer. It is produced from acrylic monomers, silyl ester, silanes, and acrylates. Biocides such as cuprous oxide, copper pyrithione, zinc oxide, and zinc pyrithione are also added to prevent building algae, barnacles, slime, and other invasive species. Silyl acrylate polymer protects from erosion and exhibits controlled release of biocides in sea water.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Silyl Acrylate Polymer Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The silyl acrylate polymer market is segmented into the following categories. 

    Silyl Acrylate Polymer Market Size, Share, & Forecast, by Product Type:

    • Metal Containing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal Free (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Silyl Acrylate Polymer Market Size, Share, & Forecast, by Sector Type:

    • New Shipbuilding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Repair & Maintenance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Silyl Acrylate Polymer Market Size, Share, & Forecast, by Application Type:

    • Coastal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Containers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Deep Sea (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Leisure Boats (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Offshore Vessels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Silyl Acrylate Polymer Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Silyl-Acrylate-Polymer-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the application types by sector type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Silyl Acrylate Polymer Market in the foreseeable future?

    The silyl acrylate polymer market is expected to witness an impressive growth of 8.2% CAGR in the foreseeable future.

    Who are the key players in the Silyl Acrylate Polymer Market?

    AkzoNobel, Arkema SA, BASF SE, Chugoku Marine Paints, Ltd., Hempel A/S, Jotun A/S, KCC Corporation, Nippon Paint Holdings Co., Ltd., PPG Industries, Yuki Gosei Kogyo Co. Ltd., and Others are among the key players in the silyl acrylate polymer market.

    Which country/region is expected to be the largest Silyl Acrylate Polymer Market?

    Asia-Pacific is expected to be the largest silyl acrylate polymer market during the next five years.

    Which product type is expected to remain dominant in the Silyl Acrylate Polymer Market?

    Metal free is expected to remain dominant in the silyl acrylate polymer market in the coming years.

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