Marine Coatings Market Size to Surpass US $14.52 Bn in 2025
At the forefront of driving demand in the global marine coatings application, is their deep-sea application which protects ships from harsh weather conditions and improves their appearance. "The marine industry comprises of bulk tankers and carriers, cargo ships, cruise ships and container ships. Marine coatings play a crucial role in increasing fuel efficiency of vessels and hence bring down fallout on the environment. The new shipbuilding industry has been experiencing sluggish growth of late. However, rising demand for marine coatings...
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