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Global Anti-Icing Coating Market is expected to grow at a CAGR 24.5% during the forecast by 2025

Global Anti-Icing Coating Market

Definition:

The deposition of ice on surfaces of vehicles and roads is a widespread problem which leads to higher energy consumption, lower energy output and it also increases the risk of accidents on the roads. It can also adversely affect aircrafts, ships, rail, cars, cooling systems and wind turbines among others. The anti-icing coatings are chemicals which are applied on a substrate in order to prevent or remove the ice formation. These coatings are used on a substrate where ice exhibits a low adhesion. They create a slippery, non-stick, hydrophobic surface when applied to substrate such as steel, fiberglass, aluminium etc. The anti-icing coating market has a rising demand in region that has cold climatic regions such as the US, Russia, Canada and Scandinavian nations. Moreover, the overall market is also being propelled by growth in the application areas of anti-icing coating such as, aircrafts & aviation, automobiles, marine, rail etc. Growing demand of anti-icing coating in communication equipment industry would further provide significant growth opportunities to this market. However, the global anti-icing coating market is hampered by high cost and availability of cost-effective substitutes of anti-icing coatings.

 

Analysis of Global Anti-Icing Coating Market report:

Global Anti-Icing Coating Market is expected to grow at a CAGR 24.5% of during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

 

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Market Drivers:

  • High demand in the cold climatic regions
  • Superior properties of anti-icing coatings

 

Market Restraint:

  • Availability of cost-effective substitutes
  • Stringent regulatory policies

 

Leading Key players profiled in this report are:

The key players operating in the global anti-icing coating market are –

  • PPG Industries
  • Dowdupont
  • Fraunhofer-Gesellschaft

The other players in the market are NEI Corporation, Battelle Memorial Institute, CG2 Nanocoatings Inc., Aerospace & Advanced Composites GmbH, Nanosonic Inc., Cytonix, Ecological Coatings, Hygratek, Kiss Polymers, Nbd Nanotechnologies, Oceanit, Opus Materials Technologies, Helicity Technologies and many more.

 

Global Anti-Icing Coating Market Segmentation:

By Substrate

  • Metals, Glass
  • Concrete & Ceramics
  • Others

By End-Use Industry

  • Automotive & Transportation
  • Renewable Energy
  • Communication Equipment
  • Construction
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific

 

Competitive Landscape:

The global anti-icing coating market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Alcoholic Spirits market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

 

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The Global Anti-Icing Coating Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Anti-Icing Coating Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

 

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