Thursday 27 September 2018

Abrasion-resistive Coatings Market Size in Global Industry : Technology, Applications, Growth and Status 2018-2024

ResearchMoz presents professional and in-depth study of "Abrasion-resistive Coatings Market - Global Industry Analysis, Size, Share, Trends, and Forecast 2016 - 2024".

Abrasion of metals occurs when friction wears, grinds, or rubs away the metal. It is an undesirable effect of the regular and normal use or exposure of a machine or part. Abrasion-resistive coatings protect metals from galling, seizing, and other types of physical damage. The key characteristic of abrasion-resistive coatings is to provide hardness and resistance to wear and abrasion.

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Frictional contact between surfaces and particles causes wear of components and leads to unnecessary downtime and maintenance costs. Over a period of time, even a softer solid material can abrade and wear highly hard alloys. As the surface becomes weak, it then strips from the parent substrate, thereby gradually reducing the thickness and structural integrity of the substrate. Though the degree of abrasion can vary depending on load, velocity, duration, and frequency, abrasion-resistive coatings are designed to extend the life of the parts under any condition.

Abrasion-resistive Coatings Market: Market Dynamics and Trends

Wear and abrasion can be minimized by utilizing polymer composite materials. These act in a sacrificial capacity, which means they wear in place of the original substrate, often lasting significantly longer than the original surface, due to their highly wear-resistant formulations. Abrasion-resistant coatings are used to improve or modify the surface hardness of a component and improve the performance and lifespan of the component. Most commonly applied abrasion-resistive coatings (plasma coatings) are tungsten carbide and ceramic coatings. Depending on the application and the part, post-coating machining is carried out. The application of a fluoropolymer with the abrasion resistive plasma coating can be used to give a hard wearing coating with release properties.

Before abrasive coatings are applied, the surface under consideration should be thoroughly cleaned so that the abrasive coat gets applied evenly. For this, abrasive blasting should be done, in most of the cases, to remove the surface rust and contaminants. Proper adhesion can be achieved by roughening the metal substrate prior to application of the non-stick coating so that mechanical bonding will assist chemical interaction of binders in a primer layer in promoting adhesion. Typical roughening includes acid-etching, sanding, grit-blasting, and brushing as well as baking a rough layer of glass, ceramic, or enamel frit onto the substrate.
Currently, wear/abrasion-resistive coatings have utilized superior wear properties of ceramic and two part epoxies to protect equipment in harsh industrial environment.

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Abrasion-resistive Coatings Market: Market Segmentation

In terms of abrasion type, the abrasion-resistive coatings market can be segmented into: surface wearing/abrasion (wearing, scuffing, and fatigue), extreme corrosion/erosion, coarse particle abrasion, fine particle abrasion, and liquid turbulence.

In terms of coatings type, the abrasion-resistive coatings market can be segmented into: epoxy-based coatings, epoxy- and additive-based coatings (silicon carbide, ceramic beads), epoxy-based fast-curing coatings, and UV-curable hard coats.

Abrasion-resistive Coatings Market: Region-wise Outlook

In terms of production and usage, North America leads the global abrasion-resistive coatings market. The market in the region is expected to expand at a slower rate as compared to Asia Pacific. In terms of production, North America is the market leader, followed by China and India.

Abrasion-resistive Coatings Market: Key Players

Major players in the abrasion-resistive coatings market include Henkel polymers, Hardide Coatings, Metal Coatings Corp., Impreglon Ltd., Praxair S.T. Technology, Inc., Jotun AS, and Sika AG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

    Market segments and sub-segments
    Market trends and dynamics
    Supply and demand
    Market size
    Current trends/opportunities/challenges
    Competitive landscape
    Technological breakthroughs
    Value chain and stakeholder analysis

The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    Eastern Europe (Poland and Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

    A complete backdrop analysis, which includes an assessment of the parent market
    Important changes in market dynamics
    Market segmentation up to the second or third level
    Historical, current, and projected size of the market from the standpoint of both value and volume
    Reporting and evaluation of recent industry developments
    Market shares and strategies of key players
    Emerging niche segments and regional markets
    An objective assessment of the trajectory of the market
    Recommendations to companies for strengthening their foothold in the market

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