Anti-icing Coatings Market - Forecast(2023 - 2028)

Anti-icing Coatings Market Overview

Anti-icing coatings market size was valued at US$470.0 million in 2021 and is forecasted to grow at a CAGR of 19.0% during 2022-2027. Anti-icing coatings are the cost efficient passive method for preventing ice formation and enable easy ice removal. These are widely used in several applications owing to their self-cleaning properties and facilitate the formation of hydrophobic surface. These coatings are transparent and offer glossy and smooth finish on the surface. Ice formation in many technical systems can affect their function, for instance, telecommunication systems use different external sensors which can be affected by ice formation. In renewable energy industry, it is used in wind turbines, solar panel, and heat exchanger. Icing in many industries can cause safety hazards, halted operations, product breakage, and added electricity costs. These coatings provide weather resistant, easy to clean, durable, and facilitate easy application. These are also suitable to use on different substrate such as metal, glass, plastic, concrete, ceramics, etc. Anti-icing coatings offer good return on investment by boosting energy efficiency and productivity in numerous applications such as wind turbines, marine, and overhead high voltage power lines.  

COVID-19 Impact

Many of the industries across the global have faced several challenges due to the COVID-19 pandemic. The industries such as automotive, aerospace, construction, and renewable energy including many other has experienced pitfalls. Many projects in such industries have been halted due to an interrupted supply chain and employee shortages due to quarantines. Construction activities were banned in many places due to safety concerns and to curb the spread of infection. Also, the production in automotive industry has declined due to an interrupted supply chain and cessation in transportation of raw materials. Thus, the global pause in industrial production and distribution, the demand and consumption of anti-icing coatings has hampered to an extent. 

Report Coverage

The report: “Anti-icing Coatings Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Anti-icing Coatings industry.

By Substrate Material: Metal, Glass, Plastic, Concrete and Ceramics, and Others

By Application Method: Spraying, Rolling, Brushing, and Others

By Curing Method: Ambient Curing, Accelerated Curing, UV Curing, Hot Air Curing, Infrared Curing, and Others

By Material: Acrylic, Polyurethane, Epoxy, Alkyd, Siloxane, Silanes, and Others

By End Use Industry: Automotive and Transportation (Automobiles, Marine, Rail, and Others), Construction, Renewable Energy (Wind Turbine, Solar Energy Plants, and Others), Aerospace (Commercial Aviation, Military Aviation, and General Aviation), Communication Equipment, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), and South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East and Africa)

Key Takeaways

• Europe is the fastest growing region in the global anti-icing coatings market. This growth is mainly attributed to the presence and growth of key end use industries specifically in Germany, France, Italy, and UK.  
• Concrete and ceramic is expected to be the fasted growing segment by substrate material owing to the surge in demand from construction industry.
• Anti-icing coatings possess several beneficial properties and widely adopted in aerospace industry which is expected to provide significant growth opportunity for the global market.
  

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Anti-icing Coatings Market Segment Analysis – By Substrate Material

The metal segment held the largest share in the anti-icing coatings market in 2021 and accounts for around 30% of share in the global market. Anti-icing coatings are widely used on metal substrate and spread rapidly and cure at ambient conditions. The unwanted ice formation can cause problems such as unsafe conditions on roads and bridges and damage of concrete tanks and walls. These coatings reduce the adhesion strength of ice as compared to painted surfaces and bare metal. It can be directly used on treated surfaces to decrease ice adhesion and also prevents ice buildup. Metals are widely used in range of industries such as automotive, aerospace, and renewable energy. The use of anti-icing coatings on metal surfaces further provides the tremendous growth opportunities in numerous industries as the metal surfaces in above mentioned industries are exposed to external weather conditions.  

Anti-icing Coatings Market Segment Analysis – By End-Use Industry

The aerospace segment is projected to grow with a highest CAGR of around 21.0% during the forecast period. Ice buildup on different surfaces can cause problems such as ice formation on doorway or roof of homes can cause damage to walls, on industrial level it can create disruptive services, and generate short circuit in electrical insulators. These coatings are used in numerous applications such as wind turbines, power lines, building parts, solar panels, sports equipment, and textile. In aerospace industry, it can have severe consequences due to the ice formation on airplane wings. Icing on airplane wings cause a loss of control due to the lack of lifting force and weight overloading. This results into serious accidents and massive economic loss. Anti-icing coatings enable the delay of ice formation for longer period of time and reduce the waiting time for taking off, thereby, act as a cost efficient solution for the industry. Thus, increase in need and demand for anti-icing coatings in aerospace industry in further expected to provide opportunity to the industry players.  

Anti-icing Coatings Market Segment Analysis – By Geography

The North America is the leading region accounts for the largest share in the anti-icing coatings market in 2021 and held nearly 35% of market share. This growth is mainly attributed to the surge in demand for anti-icing coatings in various end-use industries in the region such as aerospace, construction, communication equipment, power line, and automotive and transportation. These industries are relying on anti-icing coatings on a large scale in order to prevent losses due to icing. Further, these coatings act as environmental friendly product along with this provides a cost effective solution. North America region is subject to have a lower temperature which facilitates ice formation on doorways, roofs of home, roads and bridges, and also in the industrial premises. It causes severe glitches in the industries by enabling halt in the operations, issues in power transmission line, and wind turbines. Thus, the demand for anti-icing coatings is increasing in this region. Moreover, significant presence of aerospace industry in this region is providing ample growth opportunities to the players in anti-icing coatings market.

Anti-icing Coatings Market – Drivers

Surge in Demand in Communication Equipment Industry

High Adoption in Cold Climatic Region

In comparatively cold climatic regions such as North America and Europe, icing causes several concerns for instance, slowdown in industrial operations, safety hazards, and disruption in power lines. These coatings are widely used in aviation, transportation, heat exchangers, solar energy, and wind turbines including many others. The application of anti-icing coatings facilitate low ice adhesion, lightweight, super hydrophobicity, and lower free surface energy. In North America, aviation is considered as one of the remarkable industries where anti-icing coatings are used drone aircraft, engine inlets, military aerospace, jet engines, aircraft wings, and commercial aircraft. According to International Air Transport Association (IATA) analysis North America is expected to outperform post COVID and projected to hit US$ 9.9 billion profit in 2022 in aviation industry. Anti-icing coatings are used in wind turbines, marine, power transmission, bridges, railways, solar panels, automotive, and building parts. Thus, there is an exponential rise in the demand for anti-icing coatings in North America in order to overcome issues related to ice buildup, snow formation, and extreme weather conditions.   

Anti-icing Coatings Market – Challenges

Availability of Substitute Materials

Anti-icing Coatings Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the anti-icing coatings market. Anti-icing coatings market top 10 companies include -

1. Aerospace & Advanced Composites GmbH
2. CG2 Nanocoatings Inc.
3. Cytonix
4. Ecological Coatings LLC
5. Fraunhofer-Gesellschaft
6. Hygratek
7. NanoSonic Inc. 
8. NEI Corporation
9. Neverwet
10. PPG Industries

Recent Development

• In March 2021, NEI Corporation has introduced NANOMYTE SR-200EC, a liquid coating which is clear, easy to clean, and relatively thin. This coating is environmentally sustainable and free from fluorinated materials.  
• In January 2020, NEI Corporation has announced that their recently developed de-icing system was successfully tested at the NASA Glenn Research Center’s Icing Research Tunnel. The company has met the objectives of representing a low power anti-ice system along with its NANOMYTE SuperAi anti-ice coating.

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