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[English Market Research Report] Global Market for Marine Coatings

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The global marine coatings market is forecasted to grow from 4.6 billion USD in 2022 to 4.9 billion USD in 2023, with a CAGR of 7.1%. The war between Russia and Ukraine has disrupted the potential for global economic recovery from the COVID-19 pandemic, at least in the short term. This conflict has led to economic sanctions against multiple countries, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets worldwide. The marine coatings market is expected to reach 6.2 billion USD by 2027, with a CAGR of 5.9%.

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