Specialty Coating Market Trends and Forecast 2015 - 2023 Nov 2016 | Page 3
Geographically, the market has been segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and
North America. Among these, Asia Pacific emerged dominant in 2014 and is likely to retain a significant lead in the coming
years, as it is the hub for numerous industries such as automotive, construction, and electrical and electronics. Asia Pacific
is expected to be trailed by North America and Europe.
The global market for specialty coatings is highly competitive and fragmented due to the presence of several leading
companies. Some of these companies are NV Specialty Coatings Srl., Specialty Coatings Inc., Evonik U.S., PPG Industries,
Specialty Polymer Coatings Inc., Nicoat, Specialty Coating Systems, Axalta, and Ashland.
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