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Peering into the Future: Market Trends for 2017-2023
FOCUS
TECHNOLOGY AIMPLAS Develops Powder Gelcoat Coating with Electrical Conductivity The automotive sector is facing a legislation more and more restrictive with respect to CO2 emissions, a context in which composite materials play a key role, since they allow obtaining products with a reduced weight, with high mechanical properties and rigidity. However, there are still some limitations related to costs and production ratio that avoid their presence in the market. In order to overcome these obstacles, AIMPLAS coordinated the European project ECOGEL CRONOS. One of the objectives of this project is to develop a powder gelcoat coating with electrical conductivity properties obtained by incorporating carbonaceous fillers. The conventional use of this kind of coatings has some important limitations, such as Volatile Organic Compounds (VOC) emission and long curing times. By applying this coating on the mold, a reduction of curing times has been achieved, from an hour to just a few minutes, as well as a reduction of VOC emissions (thus eliminating styrene emissions) during the coating's polymerization. Furthermore, its electrical conductivity allows eliminating secondary painting stages for the final finish with electrostatic paint, thereby achieving a reduction of the manufacturing costs and raising the production ratio. Another benefit of using powder coatings is the reduction of storage and energetic costs, given that it is not necessary to store catalytic systems in refrigeration, since its use is removed during the manufacturing process. Besides, it is a recyclable coating. The excess applied on the mold can be recovered by a vacuum system and reused for downstream uses. Particularly, in the construction sector, the application of this coating allows giving antistatic properties to products such as fuel tanks and pipes. The project, funded by the Seventh Framework Program of the European Union (FP7/2007-2013), under grant agreement no. 609203, has the participation of other 12 European organization: ECOINNOVA and CIDETEC (Spain); Composite Integration, AXON, FARUK, and NetComposites (United Kingdom); CLERIUM (the Netherlands); Indupol International N.V. (Belgium); e-Xstream engineering (Luxembourg); University of Bielefeld (FHBI) (Germany); KETEK (Finland); Megara (Greece); and Steel Belt Systems Powder Coating Division (SBS) (Italy).
Original Source: AIMPLAS, 2016. Found on SpecialChem Coatings and Inks Formulation, 5 Dec 2016, (Website: http://www. specialchem4coatings.com) Copyright AIMPLAS 2016.
January 2017
ON
POWDER
BASF’s integrated paint process improves eco-efficiency The BMW Group saves 12,000 tonnes/y of CO2 during automotive production at its Munich, Germany, plant by eliminating one step from the paint process. This means that compared to a conventionally coated vehicle, a car coated with the shortened process can drive the first 420 km with a net zero carbon footprint. In addition, the process saves as much energy as the amount needed by 250,000 Munich residents to wash one load of laundry every week. These are the findings of a new study conducted by the BMW Group together with the mechanical and plant engineering firm Durr and BASF's coatings experts. They aimed to find out how the ecoefficiency of the OEM coating process can be improved allowing resources to be conserved at the same time. The study specifically compared two primer-based coating processes to the integrated paint process without primer. In conventional systems the primer smooths surface irregularities and protects the cathodic e-coat, the undermost paint layer, from UV radiation. BASF was able to substitute the primer by integrating its protective properties into a newly developed waterborne basecoat layer. In all categories included in the study, the 'Integrated Process' proved to be the most beneficial. Compared to the current primer process, the Integrated Process reduces energy consumption and CO2 emissions by around 20% and saves costs. The study was based on real-life data from 2014 evaluated with the Eco-Efficiency Analysis developed by BASF. The analysis will help BASF and its customers decide which products and processes are the best choice for a defined benefit, both ecologically and economically. The study has been validated by German technical inspection and certification organization (TUV) and National Sanitation Foundation (NSF).
Original Source: BASF, 2016. Found on website: SpecialChem Coatings and Inks Formulation, 24 Nov 2016, (Website: http:// www.specialchem4coatings.com) Copyright BASF 2016.
MARKETS Peering into the Future: Market Trends for 2017-2023 According to IRL the entire 2015 global market for industrial coatings was 7.6 million metric tons. The 2015 global market size for powder coatings is estimated to be $8.66 billion by Grand View Research. ChemQuest approximates the 2015 powder coating portion of the global industrial coatings market to be 24% which equates to 1.82 million metric tons. This pins the average price per kilogram at $4.76 ($2.15 per pound) worldwide. Zion Research sees the global volume a bit higher
C OAT I N G S at 2.045 million metric tons and the market value significantly lower at $7.50 billion. This equates to a paltry $3.68 per kilogram ($1.66 per pound). World powder coating consumption is dominated by Asia with estimates ranging from 40% by Zion Research4 to 52% by MarketsandMarkets. The Powder Coating Institute estimates China representing 50% of the overall market. Depending on sources the global powder market is estimated to grow at a CAGR (compound annual growth rate) of 6.3% to 7.2% over the next five to six years. As one might guess, the most aggressive growth is predicted for the Asia Pacific region as Grand View Research forecasts a CAGR of 8.5% for this region by 2020. Nearly all market research reports see growth in mature markets such as Western Europe and North America to be sluggish. The major players in the powder market are fairly apparent to the industry. The largest are multi-national manufacturers with representation in most global regions. These include AkzoNobel, Axalta, PPG, ProtechOxyplast, PPG, Sherwin Williams, Valspar, Jotun and Tiger Drylac. The major producers represent about 40% of the market and the rest is serviced by a collection of regional players, many who dominate their home country and perhaps a few other nearby geographic markets. Italy boasts the largest European market shares where AkzoNobel and Valspar lead in sales. In addition there are a number of strong domestic players including EuroPulveri, Pulverit and Ecopolifix. Germany is also a high volume producer where AkzoNobel, CWS and Emil Frei vie for the top producer spot. Turkey has a significantly large output of powder coatings with Pulver and IBA+ATICO commanding over 50% of their market.
Original Source: Powder Coated Tough, 10 (6), 6-12 Nov-Dec 2016, (Website: www. powdercoatedtough.com) Copyright Powder Coated Tough 2016.
Global powder coatings market is expected to reach USD 16.55 billion by 2024 Increasing demand owing to high variation in texture, color & coating thicknesses along with their enhanced durability will augment market growth over the next eight years. Increasing use of powder coatings for aluminum extrusion used in windows, doorframes, building facades, kitchen, bathroom and electrical fixtures will fuel industry expansion. Rising construction spending in various countries including China, the U.S., Mexico, Qatar, UAE, India, Vietnam, and Singapore will fuel growth over the forecast period. Increasing government support for eco-friendly and economical products will stimulate demand over the forecast period. General industries were the prominent application segment and accounted for 20.7%
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TECHNOLOGY AIMPLAS Develops Powder Gelcoat Coating with Electrical Conductivity The automotive sector is facing a legislation more and more restrictive with respect to CO2 emissions, a context in which composite materials play a key role, since they allow obtaining products with a reduced weight, with high mechanical properties and rigidity. However, there are still some limitations related to costs and production ratio that avoid their presence in the market. In order to overcome these obstacles, AIMPLAS coordinated the European project ECOGEL CRONOS. One of the objectives of this project is to develop a powder gelcoat coating with electrical conductivity properties obtained by incorporating carbonaceous fillers. The conventional use of this kind of coatings has some important limitations, such as Volatile Organic Compounds (VOC) emission and long curing times. By applying this coating on the mold, a reduction of curing times has been achieved, from an hour to just a few minutes, as well as a reduction of VOC emissions (thus eliminating styrene emissions) during the coating's polymerization. Furthermore, its electrical conductivity allows eliminating secondary painting stages for the final finish with electrostatic paint, thereby achieving a reduction of the manufacturing costs and raising the production ratio. Another benefit of using powder coatings is the reduction of storage and energetic costs, given that it is not necessary to store catalytic systems in refrigeration, since its use is removed during the manufacturing process. Besides, it is a recyclable coating. The excess applied on the mold can be recovered by a vacuum system and reused for downstream uses. Particularly, in the construction sector, the application of this coating allows giving antistatic properties to products such as fuel tanks and pipes. The project, funded by the Seventh Framework Program of the European Union (FP7/2007-2013), under grant agreement no. 609203, has the participation of other 12 European organization: ECOINNOVA and CIDETEC (Spain); Composite Integration, AXON, FARUK, and NetComposites (United Kingdom); CLERIUM (the Netherlands); Indupol International N.V. (Belgium); e-Xstream engineering (Luxembourg); University of Bielefeld (FHBI) (Germany); KETEK (Finland); Megara (Greece); and Steel Belt Systems Powder Coating Division (SBS) (Italy).
Original Source: AIMPLAS, 2016. Found on SpecialChem Coatings and Inks Formulation, 5 Dec 2016, (Website: http://www. specialchem4coatings.com) Copyright AIMPLAS 2016.
January 2017
ON
POWDER
BASF’s integrated paint process improves eco-efficiency The BMW Group saves 12,000 tonnes/y of CO2 during automotive production at its Munich, Germany, plant by eliminating one step from the paint process. This means that compared to a conventionally coated vehicle, a car coated with the shortened process can drive the first 420 km with a net zero carbon footprint. In addition, the process saves as much energy as the amount needed by 250,000 Munich residents to wash one load of laundry every week. These are the findings of a new study conducted by the BMW Group together with the mechanical and plant engineering firm Durr and BASF's coatings experts. They aimed to find out how the ecoefficiency of the OEM coating process can be improved allowing resources to be conserved at the same time. The study specifically compared two primer-based coating processes to the integrated paint process without primer. In conventional systems the primer smooths surface irregularities and protects the cathodic e-coat, the undermost paint layer, from UV radiation. BASF was able to substitute the primer by integrating its protective properties into a newly developed waterborne basecoat layer. In all categories included in the study, the 'Integrated Process' proved to be the most beneficial. Compared to the current primer process, the Integrated Process reduces energy consumption and CO2 emissions by around 20% and saves costs. The study was based on real-life data from 2014 evaluated with the Eco-Efficiency Analysis developed by BASF. The analysis will help BASF and its customers decide which products and processes are the best choice for a defined benefit, both ecologically and economically. The study has been validated by German technical inspection and certification organization (TUV) and National Sanitation Foundation (NSF).
Original Source: BASF, 2016. Found on website: SpecialChem Coatings and Inks Formulation, 24 Nov 2016, (Website: http:// www.specialchem4coatings.com) Copyright BASF 2016.
MARKETS Peering into the Future: Market Trends for 2017-2023 According to IRL the entire 2015 global market for industrial coatings was 7.6 million metric tons. The 2015 global market size for powder coatings is estimated to be $8.66 billion by Grand View Research. ChemQuest approximates the 2015 powder coating portion of the global industrial coatings market to be 24% which equates to 1.82 million metric tons. This pins the average price per kilogram at $4.76 ($2.15 per pound) worldwide. Zion Research sees the global volume a bit higher
C OAT I N G S at 2.045 million metric tons and the market value significantly lower at $7.50 billion. This equates to a paltry $3.68 per kilogram ($1.66 per pound). World powder coating consumption is dominated by Asia with estimates ranging from 40% by Zion Research4 to 52% by MarketsandMarkets. The Powder Coating Institute estimates China representing 50% of the overall market. Depending on sources the global powder market is estimated to grow at a CAGR (compound annual growth rate) of 6.3% to 7.2% over the next five to six years. As one might guess, the most aggressive growth is predicted for the Asia Pacific region as Grand View Research forecasts a CAGR of 8.5% for this region by 2020. Nearly all market research reports see growth in mature markets such as Western Europe and North America to be sluggish. The major players in the powder market are fairly apparent to the industry. The largest are multi-national manufacturers with representation in most global regions. These include AkzoNobel, Axalta, PPG, ProtechOxyplast, PPG, Sherwin Williams, Valspar, Jotun and Tiger Drylac. The major producers represent about 40% of the market and the rest is serviced by a collection of regional players, many who dominate their home country and perhaps a few other nearby geographic markets. Italy boasts the largest European market shares where AkzoNobel and Valspar lead in sales. In addition there are a number of strong domestic players including EuroPulveri, Pulverit and Ecopolifix. Germany is also a high volume producer where AkzoNobel, CWS and Emil Frei vie for the top producer spot. Turkey has a significantly large output of powder coatings with Pulver and IBA+ATICO commanding over 50% of their market.
Original Source: Powder Coated Tough, 10 (6), 6-12 Nov-Dec 2016, (Website: www. powdercoatedtough.com) Copyright Powder Coated Tough 2016.
Global powder coatings market is expected to reach USD 16.55 billion by 2024 Increasing demand owing to high variation in texture, color & coating thicknesses along with their enhanced durability will augment market growth over the next eight years. Increasing use of powder coatings for aluminum extrusion used in windows, doorframes, building facades, kitchen, bathroom and electrical fixtures will fuel industry expansion. Rising construction spending in various countries including China, the U.S., Mexico, Qatar, UAE, India, Vietnam, and Singapore will fuel growth over the forecast period. Increasing government support for eco-friendly and economical products will stimulate demand over the forecast period. General industries were the prominent application segment and accounted for 20.7%
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