Published On : 08 Feb 2019
The global anti-static coatings market is likely to display significant growth in the forthcoming years. Anti-static coatings are used across a number of end-use industries such as electronics, industrial packaging, and military jet fuel. The phenomenal growth of the packaging industry has been a boon to the growth of anti-static coatings market. The packaging industry utilizes anti-static coatings to prevent electrical discharge during transportation.
The growth of the textile industry has benefitted the antistatic coatings market. Anti-static coatings are used to manufacture textile dyes as setting agents. In addition, anti-static agent based polyurethane foams are used in furniture, automotive seats, and beddings that widens their application range.
Use of Antistatic Coatings in Inkjet Paper Coating pushes Growth
Today, computer systems, printers, hard drives are common equipment for business functioning. Inkjet paper coating for inkjet printers employs cationic fixation based additives in high volume. Cationic fixation based additives are used as an additive in jet fuel to improve performance. With mechanical and technical advancements, anti-static coating additives such as Dorf Ketal’s SR 1975 and Stadia 425 are witnessing improvements. Cationic fixation based additives are also used in electronic gadgets to prevent sparks and protect various parts from electrostatic dissipation. These factors are collectively fueling the antistatic coatings market.
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Antistatic coating, also known as dissipative coating is an electrically-conducive coating. It is designed to prevent or reduce a static-electrical charge and its effects. Antistatic coating that helps to reduce static electricity has other advantages as well. It does not allow dust to stick on the surface of coated substrates easily.
Some of the widely used anti-static coatings are long chain aliphatic amines, quaternary ammonium salts, polyethylene glycol, glycerol ester, esters of phosphoric acid, alkyl phenol, and ethoxylated amines. Anti-static coatings display properties of low toxicity, high ionic strength, and are nonhazardous. It improves mold release, improves internal and external lubrication, and enables process ability. This makes antistatic coatings suitable for a number of applications.
Declining Oil and Gas Prices hampers Growth
On the flip side, the plummeting prices of oil and gas is negatively impacting the antistatic coatings market. Extensive initiatives for unconventional production of hydrocarbons mainly in North America, Russia, and China have led to extreme drop in the prices of oil and gas. Price fluctuations in oil and gas industry, which is the key feedstock supplier to antistatic coatings industry impacts the latter.
In addition, easy availability of cheap substitutes is likely to impact the growth of antistatic coatings market.
Nevertheless, extensive research and development initiatives by industry players is likely to open new avenues for the growth of antistatic coatings market. Top players in the antistatic coatings market are vying to develop newer antistatic coatings that are superior in quality at low in price.
Furthermore, economic growth in Asia Pacific positively impacting the packaging and semiconductor industry is boosting the antistatic coatings market.
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