Marine coatings provide protection to the vessels from adverse environmental conditions. The major manufacturers are investing in the development of environmentally friendly coatings that helps the operators in meeting the stringent regulations in marine transport.

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Vessel fleet capacity increased 60% from 2006-2012.
Deepwater 'Golden Triangle' to account for 34% of global expenditure during 2012-2016.
North America Projects Questionable in Long-Term.