The global anti-icing coating market size was worth USD XX million in 2019 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period.
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Anti-Ice coatings help to reduce costs and energy consumption, enhance product value, improve performance of technical goods and contribute to safety concerns. These coatings are used to impart anti-icing properties to the underlying substrate, reducing ice adhesion significantly, thereby preventing ice build up.
They are applied to wind turbines, overhead high voltage power lines, transportation, marine ships, and many other materials.
Anti-Icing coating is a replacement for the traditional method de-icing fluid containing salt and other chemicals.
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Effective. The maintenance costs are reduced through the elimination of frequent cleaning, thus increasing consumer interest towards end products. Current advances in advanced materials and nanotechnology play a major role in introducing newer products to meet the market demand for de-icing.
Surface hydrophobic, lowering friction, preventing ice buildup, and increasing service life of device or material are the various benefits of anti-icing coating in different applications. The consumers of end-products can also avail cost savings through reduced raw material, labor, and energy cost of repainting or re-coating, thus driving the growth of the market.
The availability of cost-effective alternate substitutes such as de-icing fluids hampers the growth rate of anti-icing coatings market, as the consumers often prefer the use of locally sourced cheaper products instead of purchasing high priced chemicals. The price volatility of raw materials also acts as market deterrents, as difficulty in availing of necessary raw materials during manufacturing of the end-products result in downtime of operations.
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By substrate, the anti-icing coating market is segmented into metals, glass, and concrete & ceramics. Metal substrates were used with dimension 30 mm × 24 mm × 2 mm obtained from 1000 × 1000 × 2 laminated plate of commercially available EN AW-6082 T6 aluminum alloy, most commonly used for machining, offshore, or transport applications.
The metals segment is leading by market share owing to the widespread application of the anti-icing coating on all metallic equipment to protect against water-borne corrosion and prevent structural damage to devices such as electric short circuit or inoperability of motor parts.
By end-user, the market is categorized into automotive & transportation, renewable energy, communication equipment, construction, and others. The automotive & transportation segment is the leading segment by the application in the forecast period.
In general, it is inconvenient, inefficient and often dangerous and risky to the operator in removing ice through mechanical systems.
By geography, the market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
North America is dominating the Anti-Icing Coating Market in 2018 and estimated to hold the largest market size over the forecast period (2019-2026). The growing demand for anti-icing coatings from the cold climatic region North America, where average snowfall is higher than other regions, is expected to drive the market.
Increased demand, especially from the aviation industry, will result in high growth potential in the market. Government bodies such as the US Department of Energy, US Environmental Protection Agency, and NASA are funding and collaborating with researchers for the advancement of the technology.
For instance, the coating formula has been developed by the materials science and engineering department at the university of Michigan, United States.
Europe is one of the leading geographical region by market share owing to the adoption of Anti-Icing coating end-products in various end-user industries, especially in the renewable energy sector. The wind turbine and blades in various European locations are coated with anti-icing end-products to reduce maintenance costs and ensure smooth operations.
Some of the major players include NEI Corporation, PPG Industries, Inc., NanoSonic, Inc., Helicity Technologies, Inc., Aerospace & Advanced Composites GmbH, CG2, Inc., Battelle Memorial Institute, Inc., Fraunhofer-Gesellschaft, Neverwet, and Opus Materials Technologies. View Full Report Summary: www.datamintelligence.com/researc…ing-market
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