“The global market size of antimicrobial powder coating is estimated to exceed USD 8.5 bn by 2020”, says Visiongain

28 November 2019

The Abrasion Resistant Coatings Market Report 2020-2030: Forecasts by Type (Metal/Ceramic, Polymer), End-Use Industry (Oil & Gas, Marine, Power Generation, Transportation, Mining, Construction), by region and analysis of leading companies operating in this industry.

The global market size of antimicrobial powder coating is estimated to exceed USD 8.5 billion by 2020 and is expected to grow over the forecast period at a CAGR of more than 6.5 percent. In recent years, abrasion-resistant coatings have seen substantial application growth across a range of end-use industries. Such coatings are primarily used to reduce or eliminate surface wear, particularly in areas where lubricants are not suitable. Of example, in high-temperature and toxic environments and also where operating times are steep, lubricants and greases cannot be used. The coatings are designed with the main goal of extending a product's life.

Abrasion resistance coatings are applied mostly in the power generating sector for wind turbine blades, pumps, concrete cooling towers, nuclear parts, containment vessels, generators, turbines, and dam construction,. Abrasion resistant coatings resistant to the adverse effects of climatic conditions, mostly in the power generation sector In the wind industry, abrasion-resistant coatings based on fluoropolymers are used in wind blades, which improves the blade's operability over conventional paints and gelcoats by 20 years. This increases UV stability, minimizes the pick-up of dust, and provides excellent abrasion resistance and low reflectivity.

Abrasion-resistant coatings have corrosion-resistant surface protection. Growing demand for polymer-based high-temperature coatings, increasing demand for ceramic-based coatings of superior quality, and growing economies are expected to drive the global market for abrasion-resistant coatings.  These coatings are used widely in various indoor and outdoor applications. Superior wear properties and chemical resistance are the significant properties exhibited by abrasion resistant coatings. In addition, increased demand for low-VOC, increased need for environmentally friendly coatings, and increased demand for oxide coatings are projected to fuel the global market for abrasion-resistant coatings.

As the region has seen a massive expansion of power generation and marine industries, North America is expected to lead the global market for abrasion-resistant coatings. Increasing demand for improved goods and rapid industrialization could also be responsible for boosting the region's market for abrasion-resistant coatings. Asia Pacific is another prominent region in the global abrasion-resistant coatings market. It is presumed that the growing oil and gas industry is boosting the region's abrasion-resistant coating market.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Nitrogenous Fertilizers Market Report to 2031

Urea is used most frequently in agriculture on the basis of nitrogen fertiliser, and in the past decade has been responsible for almost 90 percent of the growth of the market in nitrogen fertilisers. Urea is preferred as an ammonium nitrate substitute and is widely used as an economical and easy-to-use solution.

26 February 2021


Visiongain Publishes Nitric Acid Market Report to 2031

Due to the presence of a large number of multinational chemical producers in the USA, the market for North America is expected to see significant growth during the forecast period. The market for nitric acid will continue to reflect high growth as industries like manufacturing, automotive, agricultural and furniture are growing rapidly.

26 February 2021


Visiongain Publishes Nematicides Market Report to 2031

Demand for nematicides is high in certain countries. Although the US market for nematicides accounts for a small fraction of the total use of pesticides, nematicides account for over 60 percent of total agricultural pesticides in the Netherlands.

26 February 2021


Neem Extracts Market Report to 2031

The increased demand for organic pesticides and fertilisers was the result of increasing concern about environmental degradation. Neem-based agricultural products are thus increasingly being used to preserve soil quality and prevent harmful effects of synthetic pesticides.

26 February 2021