Tag: Architectural Coatings

Chromium Phosphate Market Size To Reach $96.65 Million By 2020

The global chromium phosphate market is expected to reach USD 96.65 million by 2020, according to a new study by Grand View Research, Inc. Key application markets for chromium phosphate include architectural coatings, corrosion inhibitor coatings, medical applications, and others such as catalyst applications. Strong demand from architectural coatings and corrosion inhibitor coatings are expected to drive chromium phosphate demand over the next six years. Additionally, increasing R&D for chromium phosphate application development in the field of medicine is being looked upon as a key opportunity for this market.

Sourcing of raw materials remains the major concern for the industry owing to increasing chromium demand for other applications. Prices of raw materials are more likely to affect the profit margins of chromium phosphate manufacturers, with minor price fluctuations also having significant impact on profit margins in the industry. At present, installed capacity for the production of chromium phosphate is very comparatively small, which has resulted in a demand supply gap. Moreover, manufacturing of chromium phosphate is capital intensive.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/chromium-phosphate-industry

Further key findings from the study suggest:

  • Global chromium phosphate market volumes were estimated at 25,672.1 tons in 2012 and are expected to reach 51,363.2 tons in 2020, growing at a CAGR of 9.1% from 2013 to 2020
  • Architectural coating applications dominated demand in 2012, accounting for over 42% of global volumes. Chromium phosphate demand for architectural coatings is expected to reach 21,663.5 tons by 2020
  • Chromium phosphate coatings are being increasingly used in conversion coatings to provide outstanding corrosion protection on aluminum, as well as excellent adhesion properties under organic coatings. Chromium phosphate market revenue for corrosion inhibitor coatings is expected to reach USD 25.35 million by 2020, growing at a CAGR of 10.3% from 2013 to 2020
  • Medical applications are expected to be the most attractive avenue for chromium phosphate manufacturers, with volume demand estimated to grow at a CAGR of 10% from 2013 to 2020
  • Key manufacturers and suppliers of chromium phosphate include Chemetall Inc., AK Scientific, Inc., City Chemicals Corporation, and MP Biomedicals, Leancare Ltd. and so on. Distribution is a key success factor in the chromium phosphate industry. Sigma Aldrich, Chemos and Service Chemical Incorporation are some of the leading distributors in this market

Matting Agents Market Size To Reach USD 1.05 Billion By 2025

Glossy effect is a thing of the past. Gone are the days when people used to like things that are shiny. Matting agents are benefitting from this scenario. These additives provide excellent sheen and gloss control without affecting the mechanical and optical properties of the coating.

Matting agents diffuse the incident light on the surface thus causing a reduction in glossiness. This decrease, results in an impression of a matt surface. The intensity of the additive is determined by the diffuse reflection properties of the surface. The quantity, type and alignment significantly influence this intensity.

Silica Based – The Market Leader

Silica-based products are used in a wide variety of coating applications. Precipitated silica, pyrogenic silica, and silica gels find usage in various industry applications. The matting properties of silica are mainly determined by three parameters namely, pore volume, particle size, and surface treatment.

Another type is wax which is used to impart properties such as slip and anti-blocking to the coating. Mineral fillers have a niche market and are used in particular application needs. Metal coatings especially coil coatings employ the usage of thermoplastic powders. The increased applications of all the matting agents are expected to fuel market growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/matting-agents-market

Diverse Needs – Diverse Matting Agents

From plastics to paper, printing inks to metals, they are used everywhere. Architectural, wood, leather and so on, it finds broad applications. All these applications have diverse needs. Companies have been successful in developing offerings to cater to the different requirements.

Recently, matting agents that are used with specific formulations have been developed. UV, powder, solventborne and waterborne formulations have different characteristics. There are additives available in the market which caters to these different tendencies. The same product which can be used in almost all the formulations has also been developed.

Product Portfolio – Priority for Industry Participants

Standard matting agents had limitations regarding achieving desired surface properties. Companies have developed products which overcome this limitation and provide proper matt effect, enhanced surface texture, and excellent strength. Companies are trying to add novel products to their portfolio which serve diverse application needs.

Strong demand from Asia Pacific is contributing to an increased market size. This demand trend is expected to continue over the forecast period. Major industry participants are participating in trade fairs, exhibitions and expose to showcase their products in developing countries such as India. Production from both continuous as well as batch processes is employed by manufacturers depending upon the type to be manufactured.