Global Antifouling Coatings Market to Grow at a CAGR of 13% During 2016-2020: MarketResearchReports.Biz
Antifouling coatings are coatings such as paints are applied to boats, yachts, or ships to reduce the growth of organisms on the part of the ship that is under water and prevent corrosion of metal hulls. Such coatings help in improving the durability and performance of the vessel. In addition, these coatings are also used in fixed and floating offshore oil rigs.
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