The Industrial & protective coatings industry is segmented on the basis of end-use viz.
- heavy duty equipments
- oil & gas
- power generation
- mining, and others.
Industrial & protective coatings industry is seeing advancement in high-efficiency coating solutions in end-use verticals such as:
- aerospace and oil & gas
- thermal resistance
- resistance to wear & tear and corrosion owing to the high operating temperatures in these verticals
This sector also faces challenges which include the stringent regulatory frameworks regarding VOC emissions and hence increasing demand for eco friendly coatings.