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(IT-NEWSWIRE.COM, October 17, 2019 ) Market Overview: Anti-ice coatings help to reduce costs and energy consumption, enhance product value, improve performance of technical goods and contribute to safety concerns. Anti-icing coating is a replacement for the traditional method de-icing fluid containing salt and other chemicals. 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 deicing. Market Dynamics: 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.
Market Segmentation: 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. Geographical Analysis: 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. 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. Competitive Analysis: 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.
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For more information: Sai Kiran Sales Manager at Data M Intelligence Email: pr@datamintelligence.com Tel: +1 877 441 4866 Website: www.datamintelligence.com
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
Source: EmailWire.com
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