Abstract: This invention relates to compositions suitable for use as coatings. More particularly, this invention relates to compositions suitable for use as industrial coatings such as anti-corrosion coatings, protective coatings and adhesive coatings. This invention relates to compositions and methods for coating substrates. More particularly, the invention relates to coating compositions and methods for coating substrates, where the coating compositions comprise polymerized olefins and cyclic olefins, via different chemical transformations. The invention also relates to methods of applying the coatings to the substrates.