Jul 3, 2018   SOURCE: BusinessWire

Global Anti-Icing Coating Market 2018-2023: Analysis by Substrate, End-Use Industry and Region - CAGR is Forecast to Grow at 24.5% - ResearchAndMarkets.com

The "Anti-Icing Coating Market by Substrate (Metals, Glass, Concrete & Ceramics), End-Use Industry (Automotive & Transportation, Renewable Energy, Communication Equipment, Construction and Others), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The anti-icing coating market is estimated to be USD 423.4 million in 2018 and is projected to reach USD 1,268.1 million by 2023, at a CAGR of 24.5% during the forecast period.

The market is driven due to the use of anti-icing coatings in different end-use industries, namely, automotive & transportation, renewable energy, communication equipment, construction, and others. The high demand for anti-icing coating from the aerospace, automobile, marine, and rail applications of the automotive & transportation end-use industry and solar & wind energy plants of the renewable energy end-use industry is also driving the anti-icing coating market.

The demand for anti-icing coatings for the aircraft application and renewable energy as well as communication equipment end-use industries is high, especially in Russia, the US, Canada, and Scandinavian countries. Emerging technologies and innovations drive the demand for anti-icing coating in these industries. APAC is estimated to witness strong growth over the next 5 years after North America and Europe.

Products based on silica-based nanocoatings as other chemical solvents/salts and de-icing fluids are affecting the environment in most countries of Europe and North America. However, since these substitutes are cheaper than coatings, they are used in many applications. This factor is restraining the growth of the anti-icing coating market in these regions.

Market Dynamics

Drivers

  • High Demand in the Cold Climatic Regions
  • Superior Properties of Anti-Icing Coatings

Restraints

  • Availability of Cost-Effective Substitutes

Opportunities

  • Growing Demand in Communication Equipment Industry

Challenges

  • Stringent Regulatory Policies

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Anti-Icing Coating Market, By Substrate

7 Anti-Icing Coating Market, By End-Use Industry

8 Anti-Icing Coating Market, By Region

9 Competitive Landscape

10 Company Profiles

  • Aerospace & Advanced Composites GmbH
  • Battelle Memorial Institute
  • CG2 Nanocoatings Inc.
  • Cytonix
  • DowDuPont
  • Ecological Coatings
  • Fraunhofer-Gesellschaft
  • Helicity Technologies
  • Hygratek
  • KISS Polymers
  • NEI Corporation
  • NanoSonic Inc.
  • NBD Nanotechnologies
  • NeverWet
  • Oceanit
  • Opus Materials Technologies
  • PPG Industries

For more information about this report visit https://www.researchandmarkets.com/research/tx23nz/global_antiicing?w=4