Increased infrastructure and construction projects in emerging economies, as well as increased demand for high performance coating, are driving market growth. Furthermore, marine coating not only prevents corrosion but also extends the life of marine equipment, and the constant need for repair and maintenance is propelling the marine coating market forward. Furthermore, during naval transport, biological fouling can corrode various parts, resulting in a reduction in speed as well as extra fuel consumption, so marine coating is used to prevent excessive fuel consumption. On the other hand, stringent government regulations on production due to environmental concerns are limiting market growth. Furthermore, the rising cost of copper and titanium oxide is limiting market growth.
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https://knackersblogger.blogspot.com/2022/07/marine-coatings-market-size-share.html
Click here for Marine Coatings Market Press Release:
https://www.coherentmarketinsights.com/press-release/marine-coatings-market-4217
