Global Anti-icing Coating Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at CAGR of XX% during forecast period.
The chemical anti-icing coatings are applied on a substrate that avoids the ice formation. They make a slippery, non-stick, hydrophobic surface when useful to the substrate such as steel, fiberglass, aluminum, etc.
The report covers the major growth driver for the global anti-icing coating market in the forthcoming years are expected to be the rising demand for protecting goods, and products from ice. Also, Effective anti-icing coatings help in dropping costs, consumption of energy, enhancing product value, and the performance of technical goods along with contributing to product safety are some valuable attributes of anti-ice coatings that are estimated to further drive the anti-icing coating market growth in the upcoming years. However, the occurrence of the substitute products, such as silica-based nano-coatings and de-ice coatings might hinder the anti-icing coating market growth in the future.
Based on the substrate, the metal segment is expected to dominate the anti-icing coating market during the forecast period. Anti-icing coatings deliver a coating of protection from the environment and reduce the deposition of ice on the metal surface. The glass segment is expected to grow at a CAGR of XX% faster pace throughout the forecast period. The icing on the windward surface of an aircraft changes its aerodynamic shape and poses a safety hazard.
Region-wise, Europe was the foremost market for anti-icing coatings, in terms of both value and volume, in 2018 and expected to continue the same market growth during the forecast period. The region consists of Nordic countries, which have a cold climate and prone to issues because of ice accumulation. As well, the anti-icing coating market in North America is expected to grow at the highest CAGR of XX% between 2018to2024, in terms of value. The rising number of aircraft in North America and an increase in obtaining the power of consumers have led to the growth in the manufacturing of anti-icing coatings in the North America region.
Furthermore, Asia Pacific holds a significant share of the global anti-icing coatings market. The market in Latin America and Middle East & Africa is expected to grow at a significant pace throughout the forecast period. The two regions are expected to create profitable opportunities for the anti-icing coatings market during the forecast period.
The report covers recent development of the market for anti-icing coatings such as, In March 2019, nVent RAYCHEM has launched an anti-icing system ArcticStep for decks and walkways.
The objective of the report is to present a comprehensive analysis of the Global Anti-icing Coating Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region . PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Anti-icing Coating Market dynamics, structure by analyzing the market segments and project the Global Anti-icing Coating Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Anti-icing Coating Market make the report investor’s guide.
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Scope of Global Anti-icing Coating Market
Global Anti-icing Coating Market, By Substrate
• Metals
• Glass
• Concrete & Ceramics
Global Anti-icing Coating Market, By End-use
• Automotive & transportation
• Renewable Energy
• Communication Equipment
• Construction
• Others
Global Anti-icing Coating Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Anti-icing Coating Market
• PPG (US)
• DowDuPont (US)
• Fraunhofer (Germany)
• Battelle (US)
• CG2 Nanocoatings (Canada)
• Aerospace & Advanced Composites (Austria)
• Nanosonic (US)
• NEI Corporation (US)
• Cytonix (US)
• NeverWet (US)
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