Industrial coatings are thin films applied on materials to add or enhance their specific properties, such as corrosion resistance, wear resistance, and conductivity. These coatings are made from polymer substances that provide the toughest coatings. They offer corrosion protection to steel pipes and fasteners, which are exposed to gases, oils, water, wastewater, petrochemicals, and food processing equipment that require non-stick coating. Industrial coatings cover a very wide range of diverse uses for coatings with many different requirements and functions. Industrial coatings are used in production plants, to coat discrete parts, finished assemblies (automobiles, trucks, aircraft, and vessels), tanks, piping, metal sheets, wood panels, paper, and paperboards. They are also used in agricultural, automotive, and construction equipment. ___________ Note: Core competencies1 of the companies are covered in terms of their key developments and key strategies adopted to sustain their positions in the market.