Global Anti-Icing Coating Market Is Anticipated To Reach $12.74 Billion By 2032

25-Apr-2024 | Zion Market Research

Zion Market Research has published a new report titled “Anti-Icing Coating Market by Application (Metal, Glass, and Concrete & Ceramics), by End-User (Automotive & Transportation, Communication Equipment, Aviation/Aircraft, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, the global anti-icing coating market was valued at USD 1.76 billion in 2023 and is predicted to grow to around USD 12.74 billion by 2032 with a compound annual growth rate (CAGR) of roughly 24.60% between 2024 and 2032.

Anti-Icing Coating Market Size

The primary growth driver for the global anti-icing coating market in the upcoming years is likely to be the growing demand for protecting goods and products from ice. The deposition of ice on surfaces of roads and vehicles is a common issue encountered in geographic areas with a cold climate, which, in turn, increases the risk of road accidents. Icing can also adversely affect ships, aircraft, cars, rail, wind turbines, and cooling systems. The growing demand for anti-icing coatings from various end-user industries, such as aircraft, automobile, and construction, is anticipated to boost this market’s growth in the upcoming years.

Furthermore, the anti-icing coating has various advantages when compared to normal coatings. Effective anti-icing coatings help in reducing costs and consumption of energy and enhancing product value and the performance of technical goods along with contributing to product safety. These are some beneficial attributes of anti-ice coatings that are likely to further drive this market’s expansion in the upcoming years. However, the prevalence of the substitute products, such as silica-based nano-coatings and de-ice coatings might hamper this market’s growth in the future.

Browse the full “Anti-Icing Coating Market by Application (Metal, Glass, and Concrete & Ceramics), by End-User (Automotive & Transportation, Communication Equipment, Aviation/Aircraft, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032 Report at https://www.zionmarketresearch.com/report/anti-icing-coating-market

Global Anti Icing Coating Market

By application, the anti-icing coating market is segmented into metal, glass, and concrete and ceramics. The metal segment is expected to dominate this global market in the years ahead, as metals are mostly used in every machinery component and substrates for doors, tire rims, and locks in aircraft and automobile industries. By end-user, this global market is categorized into aircraft/aviation, automotive and transportation, construction, and others. The automotive and transportation sector is expected to dominate the global market in the upcoming years, owing to the ever-increasing production of vehicles across the globe.

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa comprise the regional segment of the global anti-icing coating market. Europe contributed the largest revenue share to the global anti-icing coating market in 2018. The region is also expected to dominate the global market in the upcoming years, owing to rising demand for anti-icing coatings by the aircraft industry, especially in the UK and Russia.

Moreover, the cold climatic condition throughout the region is anticipated to further boost this regional market’s growth in the years ahead. The Asia Pacific region is likely to offer significant growth opportunities in the global anti-icing coating market in the future, owing to the growing per capita income and rising middle-class population.

Anti-Icing Coating Market: Competitive Analysis

The global anti-icing coating market is dominated by players like:

  • PPG Industries
  • Fraunhofer
  • Dow Dupont
  • Battelle
  • CG2 Nanocoatings
  • Aerospace & Advanced Composites
  • NEI Corporation
  • Cytonix
  • NeverWet
  • Nanosonic

This report segments the global anti-icing coating market into:

Global Anti-icing Coating Market: Application Analysis

  • Metals
  • Glass
  • Concrete and Ceramics

Global Anti-icing Coating Market: End-User Analysis

  • Automotive and Transportation
  • Communication Equipment
  • Aviation/Aircraft
  • Others

Global Anti-icing Coating Market: Regional Analysis

    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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