usage in antimicrobial coatings
and governmental interference
in Europe and U.S. are projected to hamper the antimicrobial
coatings market. Vast unused potential,
particularly in Latin America and Asia
Pacific, would offer numerous prospects
to market players.
The global market is trifurcated into
products, applications, and geographies.
Product segments comprise surface modification & coatings and powder coatings. The former led the market in 2013,
accounting for more than 50 percent
demand. It is also split on the basis of
listeria, E.Coli, pseudomonas, and others.
Powder coatings are likely to remain the
most swiftly growing product during the
forecast period.
Applications in the antimicrobial coatings market consist of mold remediation,
indoor air quality, construction, medical,
textiles, and others. Indoor air quality
dominated the market and contributed
over 25 volumes in 2013. Apart from being the biggest, it may also be the fastest expanding application in the six years
ahead. Indoor air quality could record
around 10. 4 percent CAGR in the future.
Global Powder Coatings
Market Poised to Grow from
$7.5 Billion in 2014 to $11.0
Billion by 2020
Zion Research has published a new report titled “Powder Coatings Market for
Automotive, Consumer Goods, General
Industry, Architectural, Furniture and
Other Applications - Global Industry
Perspective, Comprehensive Analysis
and Forecast, 2014-2020.” According
to the report, global demand for powder coatings was valued at USD 7. 5 billion in 2014, and is expected to reach
USD 11.0 billion in 2020, growing at a
CAGR of 6.8% between 2015 and 2020.
In terms of volume, the global powder
coatings market stood at 2,045.0 kilo
tons in 2014.
Powder coating is applied as dry
powder on the object. In powder coat-
ing, the powder paints are electrostati-
cally applied over the object. After that
it is kept in oven at high temperature
so that it can flow and form even layer
of coating. Powder coating offers nu-
merous advantages including protec-
tion from corrosions, abrasion, and
reaction with chemicals and other sol-
vents. It further increases durability of
the object.
Powder coatings do not have solvents hence become environmentally
sustainable and compliant industrial
finishes. Strong growth in automotive
industry is mainly driving demand for
powder coatings. Asia Pacific region is
expected to exhibit lucrative growth for
powder coating industry due to rising
demand for high end luxury cars. High
support for the use of powder coatings
over conventional materials by regulatory bodies such as EPA and REACHES
is expected to drive the market growth
over the forecast period. However,
application and design complexity is
one of the major challenges for the
players of powder coating industry.
Continuous innovation with powder
coatings would further expand market
participation opportunities.
Consumer goods application was the
largest segment of global powder coating
industry and accounted for around 20%
share of the entire market in 2014. In
addition, powder coating is expected to
witness the fastest growth from the automotive application segment. Owing to
the changing lifestyle coupled with rising
disposable income, automotive industry
is likely to grow at good CAGR in next
five years.
Asia Pacific was dominating regional market for powder coatings owing
to increasing demand from emerging
countries such as China and India. It
accounts for over 40% share of the
overall market volume consumption in
2014. China accounted for largest share
in volumetric consumption of powder
coatings. North America and Europe
are estimated to grow at sluggish rate
over the forecast period.
Some of the key players of global powder coatings market include AkzoNobel
N.V., BASF, PPG Industries Inc, Valspar
Corporation, Sherwin William, Evonik
Industries, DuPont, Nippon Paint,
Eastman Chemical Company, Arkema
and Henkel.
Grand View Research
Publishes Report on
Defoamers Market
Global defoamers market value is anticipated to exceed $2 billion over the next
seven years due to increasing demand
from the end use industries such as paints
and coatings, according to a new report
from Grand View Research. Pulp & paper industry applications dominated the
global market in the recent past and this
trend is expected to continue over the
forecast period.
Defoamers prevent foam formation
which causes problems during industrial
processes such as biochemical and oxygen transfer from air. They destabilize the
foam which improves surface viscosity
and elasticity, resulting in higher efficiency in industrial operations.
Key defoamers products include
non-silicon-based and silicon-based defoamers. Non-silicon products include
oil-based defoamer, water based defoamer, powder defoamer, alkyl polyacrylates,
and EO/PO based defoamer. Silicon-based defoamers dominated the global
market and accounted for more than one-third of the global market share.
Favorable silicon-based product
characteristics include longer operational lifespan, better reactivity with
process ingredients, insolubility, and
lower surface tension compared to
other organic products. Key end-use
industries for silicon-based defoamers
include chemicals, textiles, paints &
coatings, pharmaceuticals, food production, and household cleaning.
Growing non-silicon anti-foam agents
in food processing industry which are less
toxic and biodegradable are projected to
witness positive growth in the near future.
Defoamer market is expected to grow significantly over the next seven years due to
expansion in R&D initiatives and technological improvement among the major
participants in the market.
Defoamer market demand witnessed
sluggish growth in the past few years
owing to global recession. However, a
reviving global economy is expected to
increase defoamer demand from the end-use industries. Defoamers play a critical
role in various industrial manufacturing
