Zion Market Research Specialty Coating Market, 2015 - 2021 | Page 2

Specialty Coating Market

The specialty coatings have many properties like antireflection, compatibility, excellent adhesive
properties, enhanced corrosion protection, fire or temperature resistance, substrate, sealing,
and temporary protection. Thus specialty coatings can be defined as a type of coating that
provides performance as required by the applications, i.e., it meets the definition of a primer,
topcoat, and self-priming. Specialty coatings have high performance, solids solvent-based or
low-VOC water-based coatings.
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The global specialty coating market is segmented on the basis of geography, end-use
application, and base material. On the basis of base material, the global market is segmented as
epoxy, acrylic urethane, alkyd, and polyamide. Based on the end-use, the global specialty
coating market is segmented as pulp and paper, refineries, petrochemical, OEM paints, oil and
gas, power, marine, aerospace and defense, pipeline, fireproofing, railway, water, and
wastewater, and architectural. Increasing demand from coatings and paint industry has
positively impacted the global market growth. Geographically, the global market is segmented
as Latin America, Europe, Asia-Pacific, North America, and the Middle East and Africa.
The majority of the consumption is in the construction and architectural applications. Increasing
construction spending and improving infrastructure especially in developed countries such as the