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  Overview: The Yacht Coatings Market is slated to score more than USD 4.21 billion by 2022, with a CAGR of 12% during the forecast period of 2016 to 2022. Market Research Future (MRFR) revealed several factors that can boost the global demand for yacht coatings. Among them, the rise in disposable income and better innovations to boost market prominently. Demand to improve aesthetic appeal is also expected to promote the global market. These coats also perform better in increasing the durability of the yachts. The market would perform better in North America and Europe. Segmentation: The global report, with details focusing on the yacht coatings market, can be segmented into types and applications. This segmentation provides a closer look at various sectors and reveals details regarding factors that can help in a better understanding of the global market. By types, the global market report with an analysis of the yacht coatings can be segmented into polyurethanes, ethyl silicates,...

  Market Insights Market Research Future has published its report on the global yacht coating market which reveals that the market is poised to grow at an above average CAGR of 12% during the forecast period of 2016 to 2022. Yacht coatings are offered in a wide range which offer advanced solutions for aesthetic appearance, durability, and ease of reparability. Growing number of yacht sales are expected to be a key factor among others which drive the market to generate a market value of USD 4.21 Bn by the end of 2022.   Yacht coatings are specifically developed to provide functional qualities while maintaining aesthetics. Moreover, coatings are helpful in increasing fuel efficiency and making yachts generally more environmentally friendly. Consumers who purchase yachts tend to belong to a high income or high net-worth demographic which puts high importance on the appearance of the yacht, thus driving consistent demand for yacht coatings. Emerging economies are witnessing...