We have prepared diamine-benzoquinone polymer which was known to excellent water proofing, high adhesion strength and good anti-corrosive effect, and have investigate with the possibility of application as a high performance resin for coatings. First of all, the reactivity of diamine-benzoquinone has been described an example of polymer reaction with research trend. The polymer reaction was divided into the polymerization with several diamine-benzoquinone and urethane group. The synthetic resin was shown a high solubility. In case of polymer containing urethane, water absorption content, water proofing and mechanical properties were controlled with the content, water proofing and mechanical properties were controlled with the content of quinone. It was shown that an use of choice was a possible result for various coatings. Diamine-quinone polymer can be used as a new resin for coatings. In addition, the polymer containing a functional group was shown a useful applicability as a high performance resin.