Zion Market Research Specialty Coating Market, 2015 - 2021 | Página 3

Specialty Coating Market
US, Western Europe, and Japan is estimated to drive specialty coatings market growth. The
global specialty coating market is anticipated to develop rapidly in future owing to their growing
consumption in various industries, especially in the paints and coatings industry.
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In the coming years, Asia Pacific will have a dominant position in the global market as many of
the end-use industries present in this region. North America is in the second position. This trend
is followed by Europe. Strict environmental regulations coupled with testing standards may
hinder the growth of the global specialty coating market in the near future.
The global specialty coating market is highly fragmented and competitive. By the entry of new
companies, the global specialty coating market is anticipated to experience high competition in
the near future for the niche and leading players.
Some of the leading companies in the global specialty coating market are Ashland, Axalta,
Specialty Coating Systems, Nicoat, Specialty Polymer Coatings Inc., PPG industries, Evonik, U.S.
Specialty Coatings, Inc., and NV Specialty Coatings Srl. Companies such as Bio Specialty
Coatings, Axalta, Evonik and Croda Coatings & Polymers have introduced bio-based specialty
coatings in their product portfolios.