Marine Chemicals Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


#10727

Persistence Market Research

$ 4900

Marine Chemicals Market: Introduction

An increase in the size of ships as well as their enhanced maintenance is adding to the use of marine chemicals. Harsh external climatic conditions and temperature variations associated with hydro transportation have generated the need for maintaining ships, which in turn, has led to an increase in demand for marine chemicals. Strict quality inspection is done whenever a ships leaves or enters a port. Many marine chemicals are used in the marine industry essentially for cleaning windows, doors, decks, heads, carpets, seats, seat covers, curtains, tanks, display screens and decorative panels made from plastics, woods and any other materials suitable to be used inside a ship. Excessive salt, dirt, carbon, oil, etc. gets deposited on bulbous, portside, bottom and star board sides of a ship and can adversely affect the performance of the ship. They can also meddle with the safety features of a ship, and thus, periodic cleaning of any ship is essential.

Cleaning Chemicals are necessary because efficient use of proper marine chemicals saves ships from electrolytic corrosion. These chemicals do not only protect the interior but also the exterior surface of a ship. Marine Chemicals play a significant role in keeping the components of a ship safe and in working condition.

Marine Chemicals Market: Market Dynamics

Marine Chemicals are widely used in military ships, cargo ships, tanker ships, passenger ships, RoRo ships (Roll on Roll off), fishing vessels and high speed crafts. However, the major chunk of the market is controlled by military ships and cargo ships.

However, certain marine chemicals used are hazardous in nature and meddle with the proper functioning of the other components of a ship. Hence, many governments have laid strict rules against the use of such chemicals and this is a key challenge for the manufacturers operating in the marine chemicals market -- to follow the guidelines laid by governments and manufacture only those chemicals which are safe as well as find applications in the marine industry is a tough task.  

Passenger ships are expected to be one of the major consumers of marine chemicals after military ships and cargo Ships. Passenger ships contribute in major amounts to the revenue generated from the tourism and travel industry. Thus, these ships must be maintained and cleaned on a regular basis, which in turn, will add to the demand for marine chemicals and thus, fuel the marine chemical market.

Marine Chemicals Market: Market Segmentation

The Marine Chemical Market can be segmented on the basis of their application into:

  • Boiling water & Condensate Treatment Chemicals
  • Engine Water & Evaporator Treatment Chemicals
  • Cleaning and Maintenance Chemicals
  • Cargo Tanks cleaning Products
  • Fuel Treatment products
  • Enzyme & Biological Solutions
  • Rust Converters & Primers
  • Hand Products
  • Electrical Equipment Maintenance Chemicals
  • Spill Sorbents
  • Chlorination & De-Chlorination Products

Marine Chemicals Market: Regional Outlook

China is expected to witness an increase in the use of marine chemicals as China is a major player in the field of import and export.

The Indian marine chemicals market is also expected to expand during the forecast period as cargo traffic is increasing in India and as a result, the country will witness increased demand for marine chemicals during the forecast period.

Japan is an island and is majorly dependent on seaborne trade, it is forecasted that Marine chemicals market in Japan will have a moderate growth.

Marine chemicals market in North America and Europe is expected to grow significantly due to increasing industrial production, increase in demand for marine freight transportation, which in turn, will lead to increased consumption of marine chemicals for smooth functioning of transport and safety sectors.

Marine Chemicals Market: Market Participants

Examples of some of the key participants in the marine chemicals market are:

  • Total Group
  • Aqua Marine Chemicals
  • CHEMO Marine Chemicals S.A.
  • Unitech Chemicals
  • Wilhelmsen Holding ASA
  • Anmar Industrial Chemicals. Co. Ltd.
  • ERTEK Chemical
  • Unikem Holdings  Ltd
  • Star Marine Chemicals B.V

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.