In recent years global trends in coatings, paints and related materials have been in two main areas of high-performance multifunctional coatings and environmentally friendly materials and processes. The two driving forces for these technologies have been the recognition of their economic values, technical benefits and global desire to produce safer products and healthier environment. The result of such movements has been the development of high performance and high valued coating materials. These coatings not only function as protective and decorative materials they also push the performance envelop well beyond traditional definition of coatings. This Conference discusses the technology, properties, application of high performance and high valued coatings and future trends.