The need to reduce ship fuel consumption drives demand for marine coatings, says a new analysis. Increasingly stringent environmental regulations are boosting the prospects of high-value, eco-friendly coatings. Innovation has been the only constant, with all companies striving to offer eco-friendly products, according to a new Frost & Sullivan market report. New analysis, 'Strategic Analysis of the Global Market for Marine Coatings', finds that the market earned revenues of $5,030.1 million in 2011 and estimates this to reach $10,216.3 million in 2018. The research covers anti-corrosive, anti-fouling and foul-release coatings. "The need…