Market Research Future (MRFR) has published on the “Global Antistatic Coatings Market”.
Market Research Future (MRFR) has published a cooked research report on the “global Antistatic Coatings market” that contains the information from 2019 to 2030. The Antistatic Coatings market is estimated to register a CAGR of 5.35% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global Antistatic Coatings market— ADEKA CORPORATION (Japan), BASF SE (Germany), Evonik Industries AG (Germany), Kao Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Nouryon (The Netherlands), Palsgaard (Denmark), Nicca Chemical Co., Ltd (Japan), Arkema S.A. (France), Clariant AG (Switzerland), Croda International Plc (UK).
Antistatic Coatings Market Highlights
The global Antistatic Coatings market is accounted for to register a CAGR of 5.35% during the forecast period and is estimated to reach USD 3.36 billion by 2030.
The demand for Antistatic Coatings is on the rise due to increasing from various end-use industries
Antistatic coatings are in great demand across various end-use industries due to their extensive properties, such as high quality and unique characteristics. They find huge applications in electric and electronics, automotive, packaging, and others. Antistatic coatings aid in preventing the internal production of electric charges caused by the properties of electronic components. Electronic gadgets have shrunk in size over the years, and they now perform even more complicated duties. The fundamental components of such electronic gadgets have grown in power and are now tightly packed into the circuitry. This causes internal static electricity production, commonly known as electrostatic discharge, which can cause catastrophic harm to the affected electronic gadget. Furthermore, transistors, capacitors, integrated circuits, and other semiconductor components corrode, which has a detrimental influence on electrical equipment by limiting the lifespan of their use. Antistatic coatings not only prevent internal static electricity production but also keep components from getting corroded. The dissipative feature of antistatic coating makes them perfect for electronics production. It is because electronic items include the volume of electrical sparks required for their operation. As a result, a control measure is necessary to displace the charges to the ground. Antistatic coatings are appropriate for these applications because they allow charges to flow more evenly into the ground. This, in turn, aids in the protection of electronic items.
Moreover, antistatic coatings are widely used in automotive applications as static affects vehicle manufacture at every level of production. Static may effects components like dashboards, windshields, and headlights, as well as degrade paint jobs and create process mistakes in high-speed assembly. Today's automotive electronic systems and engine computers perform everything from fuel regulation to trouble diagnosis. And they are all susceptible to static electricity. The antistatic coatings can be used in polyurethane inflatable lumbar bladders, vinyl flooring, sound deadening layers, automotive sound system – speaker cone, vinyl interior surfaces, vehicle warning signs, and labels. In electric vehicles, enhanced battery life is very important for vehicle performance. Antistatic coatings can be used as separators for insulating the inside of lithium-ion batteries to enhance battery life by ensuring that the battery does not discharge internally, reducing the effect of a single charge and accidental short-circuiting. The electric vehicle (EV) market has experienced tremendous growth in recent years and is expected to continue. In the recent years, the rising demand for EVs can be ascribed to customers' and manufacturers' growing concern about the environment. The development of Fuel Cell Electric Vehicles (FCEVs) represents a significant advancement in the automobile industry. This is projected to improve EV demand and manufacturing shortly. International agreements and conferences, such as the Kyoto Protocol, the Montreal Protocol, and the Paris Agreement, establish enforceable measures to reduce pollution globally. This regulatory trend is expected to continue in the future and is likely to fuel e-mobility. Thus, the growing demand in the automotive industry might propel the demand in the antistatic coating market. Furthermore, the rise in demand for antistatic coatings in packaging, textiles, and other applications will fuel market growth during the forecast period.
Segment Analysis
The global Antistatic Coatings market has been segmented based on Technology, Antistat, Polymer Type, Application and region.
The global Antistatic Coatings Market segmentation, based on technology has been segmented as Spraying, Roll-Coating, Brushing and Others. Among these, the Element Sulfur is projected to dominate the global Antistatic Coatings market revenue through the projected period as estimated by MRFR analysts.
The global Antistatic Coatings Market segmentation, based on technology has been segmented as Spraying, Roll-Coating, Brushing and Others. Among these, spray technology is expected to have a dominant share of global anti-static coatings market sales in the projected period due to its ability to produce a flawless and durable surface that dries quickly. Unlike brushes and rollers. This reduces production time, especially when injecting tubular products. Spraying is a coating method that uses a spray gun to positively charge electrical particles while the workpiece is grounded or negatively charged. The process offers high transmission efficiency, reduces costs and can improve environmental performance. The advantages of electrostatic spray painting make it a popular application for paint shops.
The global Antistatic Coatings Market segmentation, based on antistats has been segmented as Ethoxylated Fatty Acid Amines, Diethanolamides, Glycerol Monostearate and Others. Among these, the ethoxylated fatty acid amines as an antistatic agent are expected to have a dominant share in the global market sales for antistatic coatings in the projected period. The object of the present invention is to obtain fatty alcohol mixtures and ethoxylates with the required carbon chain length and the low-temperature behavior. The ethoxylates are made from vegetable oils and fats and contain no hydrocarbons. This allows manufacturers to avoid wasting material such as ethylene.
The global Antistatic Coatings Market segmentation, based on polymer type has been segmented as Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polyvinyl Chloride (PVC) and Others. Among these, polypropylene (PP) as a polymer type is expected to have a dominant share in the global antistatic coatings market revenue in the projected period. Polypropylene is a versatile polymer that can be endowed with a wide range of properties, including anti-static properties. It's also a relatively inexpensive polymer, making it a cost-effective choice for antistatic coatings. Other types of polymers used in antistatic coatings are epoxy, acrylic, and polyester. However, polypropylene is the most commonly used polymer for this application as it is a versatile polymer that can be endowed with a wide range of properties including anti-static properties.
The global Antistatic Coatings market segmentation is based on Application. The market is segmented into Packaging, Electrical & Electronics, Automotive, Aerospace, Textiles, and Others. The packaging segment holds a dominant share also in 2022 and the forecast period. Anti-static coating is used on food packaging to prevent the attraction of dust and dirt that can contaminate the food.
Regional Analysis
By region, the study segments the antistatic coatings market into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia-Pacific Anti-Static Coatings market holds the largest market share and is also expected to account for the largest revenue share during the forecast period as the major consumer electronics, automotive and other industries require electronic circuit boards and circuits that require anti-static coatings. static movies. Due to the growing residential construction and infrastructure sectors (hotels, stadiums and restaurants) as well as the paints and coatings industry, the Asia-Pacific region is expected to maintain its dominance over the forecast period.
Key Findings of the Study
- The global Antistatic Coatings market is expected to reach USD 2.21 billion by 2030, at a CAGR of 5.35% during the forecast period.
- The Asia Pacific region accounted for the fastest-growing global market.
- Based on Technology, the Spraying segment was attributed to holding the largest market in 2022.
- Based on Antistats, the Ethoxylated Fatty Acid Amines segment was attributed to holding the largest market in 2022.
- Based on Polymer Type, the Polypropylene (PP) segment was attributed to holding the largest market in 2022.
- Based on application, the Packaging segment was attributed to holding the largest market in 2022.
- ADEKA CORPORATION (Japan), BASF SE (Germany), Evonik Industries AG (Germany), Kao Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Nouryon (The Netherlands), Palsgaard (Denmark), Nicca Chemical Co., Ltd (Japan), Arkema S.A. (France), Clariant AG (Switzerland), Croda International Plc (UK).
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Companies Covered | 15 |
Pages | 128 |
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