Top 5 Vendors in the Global Sol-gel Coatings Market from 2017 to 2021 | Technavio

Technavio has announced the top five leading vendors in their recent global sol-gel coatings market report. This market research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.

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Technavio has published a new report on the global sol-gel coatings market from 2017-2021. (Graphic: ...

Technavio has published a new report on the global sol-gel coatings market from 2017-2021. (Graphic: Business Wire)

Competitive vendor landscape

According to the research analysis, the global sol-gel coatings market is expected to grow at a CAGR of more than 11%. A few global players dominate the market, which is a part of the global coatings and paints market. Tremendous research activities have been taking place in academics and startup companies to improve the technology used in making coatings and to promote water-based coatings. The increasing demand for water-based coatings from several industries has led to innovations across the globe in coatings manufacturing. The pace of transition of new developments from research labs to commercial scale is expected to accelerate in the coming years which augurs well for the growth of the market during the forecast period.

According to Kurva Samba Sivudu, a lead analyst at Technavio for paints, coatings, and pigments research, “Quality research is required to develop cost effective and high-performance sol-gel coatings to compete with PVD CVD based ceramic coatings. Currently, sol-gel coatings are used in various applications in the automotive, electrical and electronics, aerospace, building and construction, and medical industries because of improved performance and thermal stability.”

The report also states that sol-gel coatings are a combination of organic and inorganic compounds, which bring synergy and develop new characteristics such as antibacterial and antifungal properties, photocatalytic self-cleaning property, corrosion resistance, wear resistance, and water resistance. Different materials provide different characteristics in sol-gel coatings, due to which sol-gel coatings can cater to a wide range of applications.

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Technavio market research analysts identify the following key vendors:

3M

3M is a technology-based company. In the sol-gel coatings market, 3M manufactures non-chromate conversion coating for nickel, aluminum, titanium, stainless steel, and magnesium alloys. It offers AC-131, a surface pre-treatment for parts that are finished with organic-based coatings such as epoxy and polyurethane. 3M's AC-131 is a sol-gel surface preparation that promotes adhesion.

Akzo Nobel

Akzo Nobel is one of the top manufacturers and suppliers of specialty chemicals, paints, and performance coatings worldwide. The company serves customers from the consumer goods, transportation, building and infrastructure, and industrial sectors. Sol-gel coating products such as 2000 h Filiform 2024 T3 Clad and 2024 T3 Clad-Solgel are developed by Akzo Nobel. These products are chromate free and are mainly used in the aerospace industry.

PPG Industries

PPG Industries is a chemical manufacturing company. It offers specialty materials, coatings, and glass products for customers in the industrial, construction, protective and decorative coatings, construction, consumer goods, and transportation industries. The coatings offered by the company are used in various industries such as aircraft, automotive, packaging, and optical. Its sol-gel-based coatings are mainly used in the aircraft industry.

SCHOTT

SCHOTT operates through three segments: optical industries, precision materials, and home appliances. SCHOTT manufactures sol-gel coating based layer systems with functional silane. These sol-gel coatings provide mechanical stability through an inorganic network of sol-gel. The functional organic-based silane results in improved functional characteristics of sol-gel coatings.

SOCOMORE

SOCOMORE is involved in R&D of products for the protection of steel, aluminum, and magnesium from corrosion and rivet ash. Coatings offered by the company are supplied to the aerospace, industrial, power, automotive, railway and other sectors. Sol-gels manufactured by the company are aqueous solutions of zirconium salts. These salts are activated by organometallic compounds. They promote adhesion and anti-corrosion properties.

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