Specialty Coatings Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Specialty coatings market is expected to witness significant growth over the next six years owing to increased consumption in paints and coatings industry along with requirements for end-use specific coating solutions. Industrial applications such as machinery, automotive, protective coatings and marine have gained share over the past decade. Growing demand for longer shelf life with improved durability and rheology specialty coatings is estimated to fuel market growth. Specialty coatings market is anticipated to witness above average growth rates in architectural application on account of increasing use of these coatings in both commercial and residential sectors.