Press release
Sol-Gel Coatings Market To Witness Surge in Demand Owing To Rising (use Adoption) : Fact.MR
The versatility of sol-gel coatings has enabled solutions in industries such as electronics, optics, solar energy harvesting, aerospace, automotive engineering, marine protection, and healthcare. Increasing global demand for renewable sources of energy is creating massive opportunities for solar energy-harnessing devices, which, in turn, use sol-gel coatings, thereby driving demand. Sol-gel processing applications are also being driven by growing demand for anti-reflective coatings in construction and infrastructure industries.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=S&rep_id=6403
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐ฆ๐ผ๐น-๐๐ฒ๐น ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
โข ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐
Wear-resistant Sol-Gel Coatings
Corrosion-resistant Sol-Gel Coatings
Water-resistant Sol-Gel Coatings
Photocatalytic Self-cleaning Sol-Gel Coatings
โข ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป
Automotive Sol-Gel Coatings
Aerospace Sol-Gel Coatings
Biomedical Sol-Gel Coatings
Building & Construction Sol-Gel Coatings
Electronics Sol-Gel Coatings
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข Sales of sol-gel coatings to reach over US$ 5 Bn by 2031
โข The market in China forecast to expand at around 9% CAGR
โข The building & construction segment, under application, is projected to record above 7% CAGR through 2031
โข The market in Asia Pacific is forecast to reach a valuation of more than US$ 550 Mn by 2031
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=6403
๐๐ฟ๐ฎ๐ด๐บ๐ฒ๐ป๐๐ฒ๐ฑ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The sol-gel coatings industry is witnessing numerous mergers and acquisitions. Many new competitors have entered the business in addition to organizations that are already operating in this space. R&D spending is being done to introduce new technologies into the mainstream market. Presence of a multitude of players renders the landscape quite fragmented.
โข In June 2017, the Sherwin Williams Company acquired Valspar Corporation, an American manufacturer of paints and coatings based in Minneapolis, U.S. This acquisition was in line with the company's growth strategy of becoming a global leader in the paints and coatings market.
โข In 2018, EPG AG announced that it has developed a colored sol-gel coating for aluminum parts used in the aerospace industry. This sol-gel coating is resistant to severe mechanical loads and has a consistent surface appearance.
๐ช๐ต๐ ๐ถ๐ ๐๐ต๐ฒ ๐จ.๐ฆ. ๐๐ ๐ฝ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ผ ๐๐ฟ๐ถ๐๐ฒ ๐ ๐ผ๐๐ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐ฆ๐ผ๐น-๐๐ฒ๐น ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐?
The sol-gel coatings market in the U.S. was valued at around US$ 700 Mn in 2020. The market in the country is expected to progress at around 6% CAGR from 2021 to 2031.
In the United States, self-cleaning window glass with a millimeter sol-gel titanium dioxide coating is widely used in commercial buildings. Titanium dioxide photocatalyst actively decomposes undesirable odours, poisons, chemical, and biological contaminants, and microorganisms such as bacteria and fungi when exposed to UV radiation. Furthermore, titanium dioxide acts as a wetting agent, amplifying the washing mechanism of natural rains.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐- https://www.globenewswire.com/news-release/2022/11/03/2548156/0/en/Construction-and-Mining-Sector-to-Possess-3-4th-of-Backhoe-Loaders-Market-Fact-MR-Study.html
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