The Anti-Corrosion Coating System In our journey of tackling rust, anti-corrosion coatings have come as an absolute rescuer. These coatings provide long-term protection for metal surfaces and can keep metals away from oxidation, moisture, and all other factors that cause corrosion.
With every passing year, the popularity of anti-corrosion coatings keeps increasing and is used by automobile industries, rDNA technology, power plants, pharmaceutical industry, pipelines, IVF research, etc.
Even if a surface is exposed to the worst of climates, anti-corrosion coatings can provide protection thereby increasing a metal's life and keeping its health in good condition. One of the most popular industries using anti-corrosion coatings is the concrete and steel industries. In this process, a variety of coating formulations are applied over a surface. Every coating applied serves a special process that will eventually contribute towards the main goal, which is long-term protection. Upon combining all of the layers, metals and other objects will have strong protection irrespective of what kinds of environments it is put under. However, there is a growing need for advanced corrosion protection. This has opened up new avenues and given birth to more companies that work towards providing the best possible coatings to help deal with new emerging corrosion problems.
Market Growth and
Share In February 2021 Greenkote announced that there would be a major expansion at its Ohio Facility in Brooke Park. Ever since this announcement, there was a sudden increase in demand for anticorrosion coatings that have contributed towards this industry starting to pick up speed.
Greenkote also announced in June 2021 a new advanced G5k anticorrosion coating formulation with additional extended metal protection of about 5000 hours. Global Tech I Offshore Wind GmbH also announced a contract notice to help with the repairs associated with the anti-corrosion coating at the GTI I offshore wind farm situated in the German North sea. As per a market research company, this will be one of the major factors that will contribute towards an increase in coatings demand in the near future especially across North America and Europe. In June 2021 Corinth Pipeworks received orders for 440 km of pipes with its external 3LPE anti-corrosion coating for Snam, an energy infrastructure company. Shawcor, which is one of the leading pipeline coatings providers, is working towards delivering a corrosion-resistant coating and thermal insulation service for ExxonMobil’s Payara field offshore development in Guyana after receiving a contract in October 2020.
As for the New Product Launches In May 2021, VinTech Nanomaterials had launched the brand new Armor GFC coating which is an advanced nanoengineered formulation for dealing with chemo-mechanical damage. This is often caused due to corrosive environments, aggressive wear, or even sometimes friction.
InterCoat and ChemGuard passed the body-in-white testing this year which has now made them a part of the automaking business. These product lines that are part of Chemcoaters have provided
resistant coating formulations for several industries in the past and continue to do so. Presently, several anti-corrosion coating companies are working towards creating coating formulas that are not only highly efficient but also easy to apply. While the objective is great, the creation of things is what is difficult. There are strict performance requirements and environmental standards that must be met. To create an efficient and also pass all these standards is quite the task, however, it is very achievable. The pandemic did affect production, distribution, and supply globally, however, amidst this time too, industrial coatings still saw quite the demand. It is one of the industries that waded strongly through the pandemic. Now with the pandemic situation coming under control, coating suppliers are expecting greater demand and stepping up their supply and innovations to meet the upcoming needs. All companies are now putting up their best to work towards standing out of the usual crowd and upping their games to stay ahead in the market race. Even the future holds great promise for the anti-corrosion industry as it watches and embraces huge growth, transformation, and new trends.
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