Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Anti-icing coatings are usually applied on surfaces that are continuously exposed to the several environmental conditions. The layer of the anti-icing coatings prevents the build-up of ice and reduces its effects on the material. Ice build-up on homes, for example, on a roof or doorway can cause significant damage. Freezing water can cause short circuits in electrical insulators, ruining equipment and disrupting service. Likewise, ice build-up on airplane wings and electrical transmission lines or towers can even have fatal consequences. Moreover, an anti-icing coating in the right place can go a long way toward reducing costs and enhancing safety. Thus, numerous industries and building constructors are progressively adopting the anti-icing coatings, which is impelling positively on the global anti-icing coatings market.
High demand in the cold climatic regions, advancements in technology and superior properties of anti-icing Coatings are the factors driving the anti-icing coating market growth. However, availability of cost-effective substitutes is one of the major factor hampering the growth of the anti-icing coating market globally.
The anti-icing coating market is segmented by substrate, end use industry and geography. Various substrates used in anti-icing coatings are metals, glass and concrete & ceramics. Among these, metals segment dominated the anti-icing coating market globally, the segment is attributed by various factors such as growing demand for anti-icing coatings for wings and turbines of aircraft. Furthermore, this substrates are also applied on metal substrates of tire rims, doors, and locks of automobile and aircraft.
Major end use industry of anti-icing coating are automotive & transportation, renewable energy, communication equipment, construction and others. Anti-icing coating is extensively used in automotive & transportation industry in various developed countries such as US, Canada, Russia, and Scandinavian countries. Furthermore, remarkable increasing in the production of vehicles across the globe is also driving the demand of anti-icing coatings market globally.
Geographically, the global Anti-Icing Coating market is diversified into North America, Europe, Asia-Pacific and rest of the world. The Europe region dominated the Anti-Icing Coating market in the 2019, owing to high demand in cold climatic regions and projected increase in the demand of anti-icing coatings in various end use industry of European region.
Why to buy this report:
