The global specialty coatings market is highly competitive

next year, the Asia-Pacific region will lead the global specialty coatings market, with North America as the second largest market and Europe second, according to a new study released by a research institute. In addition, increasingly stringent environmental regulations and testing standards on the specialty coatings market constraints and norms, which may have a certain impact on its growth rate.Global specialty coatings and their markets are generally divided by geographical distribution, application areas, film-forming substations. For example, according to the film substrate can be divided into epoxy coatings, acrylic polyurethane coatings, aolic acid coatings, polyamide coatings; Its application areas can be divided into paper industry, refining facilities, petrochemical industry, OEM coating, oil and gas industry, power system, shipbuilding industry, aviation and national defense, pipeline construction, fire prevention engineering, railway construction, water conservancy engineering, wastewater treatment, construction, etc. According to geographical distribution can be divided into Latin American market, European market, Asia-Pacific market, North American market, Middle East market.research points out that the main application areas of specialty coatings are engineering facilities and construction, which is more obvious in developed countries such as the United States, Western European countries, Japan, etc., this application field is also the main driving force of the development of the global specialty coatings market.the global specialty coatings market concentration is low, and fierce competition. The new companies entering the market are expected to put significant competitive pressure on traditional power firms in the coming years.