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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries.

    The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.

    Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth.

    Increasing Regulatory Approvals will Help Companies Generate Huge Revenues

    The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth.

    Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth

    The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers.

    List of companies profiled in the report:

    Qingdao BLT Packing Industrial Co., Ltd. (China)
    Qingdao LET Flexitank Co., Ltd. (China)
    LiquA Europe SLU (Spain)
    Qingdao LAF Packaging Co., Ltd. (China)
    LSM SA (Argentina)
    UWL Inc. (U.S.)
    FTS Container Packaging Co., Ltd. (China)
    SIA Flexitanks (Ireland, USA, Malaysia)
    BeFlexi (Cyprus)
    Hinrich Industries (Malaysia)
    TIBA (Spain)
    Flexible World Company Ltd. (Vietnam)
    Flexitank Group (Spain)
    Hillebrand (Germany)
    Braidco (UK)
    Rishi FIBC Solutions Pvt. Ltd.(India)
    VTG Tanktianer GmbH (Germany)
    Other Key Players
    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across the world are taking maximum efforts to curb the spread and minimize the adverse effects. As a result, several businesses have been forced to shut down. Due to social distancing practices, there is hesitancy among business vendors as well as working professionals across the world. The Covid-19 pandemic has had a huge adverse effect across several industries. The report will include the impact of the Covid-19 pandemic on the global market. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic. Flexitank is a lightweight disposable bladder that is normally made out of plastic. The product is normally used for shipping of non-hazardous liquid materials that is transported through shipping containers. The advancements in the materials used in manufacture of flexitank will lead to a wider product adoption. The increasing applications of the product are attributable to the favorable properties of the material used in manufacturing. The stringent guidelines associated with the use of this product, set by organizations such as the Containers Owners Association (COA) will ensure safety of the product, subsequently leading to a wider product adoption across the world. The growing investment in R&D of the material associated with flexitank will contribute to the growth of the market in the coming years. Additionally, the presence of several large scale companies will emerge in favor of market growth. Increasing Regulatory Approvals will Help Companies Generate Huge Revenues The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of regulatory approvals has made the highest impact on market growth. In November 2019, SIA Flexitanks got approval from the Canadian CN Rail network and Norfolk Southern Rail network for shipping of flexitanks. SIA already has shipping approvals from CSX and BNSF rail networks and this approval will help the company expand its transportation over other regions. These approvals will open new territories and markets for the company and subsequently generate massive revenues in the coming years. SIA’s approval from CN and NSR networks will not just benefit the company but will also have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other industry developments, similar to this and discusses their impact on market growth. Asia Pacific to Emerge Dominant; Increasing Food and Chemical Manufacturing Hubs Will Aid Growth The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing number of food as well as chemical manufacturing units in several countries across this region will have a direct impact on the growth of the regional market. Additionally, the increasing efforts put in import as well as export activities will create several opportunities for market growth. As of 2019, the market in Asia Pacific was worth USD 245.42 million and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the increasing transport activities for liquid chemicals through rail-based containers. List of companies profiled in the report: Qingdao BLT Packing Industrial Co., Ltd. (China) Qingdao LET Flexitank Co., Ltd. (China) LiquA Europe SLU (Spain) Qingdao LAF Packaging Co., Ltd. (China) LSM SA (Argentina) UWL Inc. (U.S.) FTS Container Packaging Co., Ltd. (China) SIA Flexitanks (Ireland, USA, Malaysia) BeFlexi (Cyprus) Hinrich Industries (Malaysia) TIBA (Spain) Flexible World Company Ltd. (Vietnam) Flexitank Group (Spain) Hillebrand (Germany) Braidco (UK) Rishi FIBC Solutions Pvt. Ltd.(India) VTG Tanktianer GmbH (Germany) Other Key Players
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  • The global caustic soda market is set to gain momentum from its increasing usage as a water treatment chemical. It can absorb water and carbon dioxide and surge its pH level. This information is given by Fortune Business Insights™ in a new report, The report further states that the market size was USD 44,959.2 million in 2019 and is projected to reach USD 55,557.7 million by 2027, exhibiting a CAGR of 3.1% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/caustic-soda-market-104711

    What Does This Report Contain?

    This report includes in-depth information associated with change in material usage, new product launches, and technological advancements. It provides market dynamics based on various factors, such as opportunities, challenges, drivers, hindrances, and dynamics. At the same time, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size.

    Drivers & Restraints-

    Increasing Demand from Building & Construction Industry to Aid Growth

    The International Aluminum Institute declared that in 2019, the total alumina production was 131,910 thousand metric tons. Sodium hydroxide is considered to be a significant ingredient for alumina production. It is therefore mainly demanded by containers & packaging, transportation, and building & construction industries. Besides, the usage of hybrid cars is set to surge in the upcoming years because of their ability to enhance fuel economy. The metal can also reduce the weight of vehicles. These factors are set to propel the caustic soda market growth in the near future. However, caustic soda is highly corrosive which can cause severe damage to eyes. It may hinder growth.

    Segment-

    Organics Segment to Remain at the Forefront Stoked by Usage in Ceramics and Paints

    Based on the application, the organics segment generated the largest caustic soda market share in 2019. This growth is attributable to the increasing usage of this inorganic soda in the manufacturing of ceramics, glass, and paints. It is also used in the production of cosmetics and fuel cells.

    Regional Insights-

    Rising Government Subsidies to Favor Growth in Asia Pacific

    Geographically, Asia Pacific held USD 25,280.17 million in terms of revenue in 2019. The region would lead the market throughout the forthcoming years on account of the increasing consumer spending, interest rates, construction activities, and government subsidies. In 2019, Europe and North America procured more than 25% of the global market. In the U.S., prominent manufacturers have started inclining rapidly towards membrane technology from diaphragm or mercury cell process.

    Competitive Landscape-

    Key Players Focus on Acquisition Strategy to Gain a Competitive Edge

    The global market is fragmented with the presence of a large number of prominent companies operating domestically and internationally. Most of them are striving to gain a competitive edge by acquiring local firms. Some of the others are increasing prices of sodium hydroxide to fulfil the high demand. Below are the two latest industry developments:

    March 2020: Brenntag acquired the distribution business of Suffolk Solutions, Inc. It will help the former to enhance its position in the Eastern U.S. and strengthen its supply chain.
    February 2020: OxyChem surged the price of caustic soda to $40/dst. Economic slowdowns in Europe and China have resulted in tremendous pressure on the price of this chemical compound. It has also increased the demand from numerous sectors.
    A list of all the renowned caustic soda manufacturers operating in the global market:

    Olin Corporation (Clayton, Missouri, United States)
    Tata Chemicals Limited (India)
    Aditya Birla Chemicals (India) Limited (India)
    Gujarat Alkalies and Chemical Limited (India)
    Occidental Petroleum Corporation (OXY) (Houston, Texas, United States)
    Formosa Plastics Corporation (Taiwan)
    PPG Industries (Pittsburgh, Pennsylvania, United States)
    Xinjiang Zhongtai Chemical Co., Ltd. (China)
    Hanwha Chemical (South Korea)
    Brenntag North America, Inc. (North America)
    Other Key Players
    The global caustic soda market is set to gain momentum from its increasing usage as a water treatment chemical. It can absorb water and carbon dioxide and surge its pH level. This information is given by Fortune Business Insights™ in a new report, The report further states that the market size was USD 44,959.2 million in 2019 and is projected to reach USD 55,557.7 million by 2027, exhibiting a CAGR of 3.1% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/caustic-soda-market-104711 What Does This Report Contain? This report includes in-depth information associated with change in material usage, new product launches, and technological advancements. It provides market dynamics based on various factors, such as opportunities, challenges, drivers, hindrances, and dynamics. At the same time, it will deliver a complete insight from the supply side respondents related to market share, distribution, and size. Drivers & Restraints- Increasing Demand from Building & Construction Industry to Aid Growth The International Aluminum Institute declared that in 2019, the total alumina production was 131,910 thousand metric tons. Sodium hydroxide is considered to be a significant ingredient for alumina production. It is therefore mainly demanded by containers & packaging, transportation, and building & construction industries. Besides, the usage of hybrid cars is set to surge in the upcoming years because of their ability to enhance fuel economy. The metal can also reduce the weight of vehicles. These factors are set to propel the caustic soda market growth in the near future. However, caustic soda is highly corrosive which can cause severe damage to eyes. It may hinder growth. Segment- Organics Segment to Remain at the Forefront Stoked by Usage in Ceramics and Paints Based on the application, the organics segment generated the largest caustic soda market share in 2019. This growth is attributable to the increasing usage of this inorganic soda in the manufacturing of ceramics, glass, and paints. It is also used in the production of cosmetics and fuel cells. Regional Insights- Rising Government Subsidies to Favor Growth in Asia Pacific Geographically, Asia Pacific held USD 25,280.17 million in terms of revenue in 2019. The region would lead the market throughout the forthcoming years on account of the increasing consumer spending, interest rates, construction activities, and government subsidies. In 2019, Europe and North America procured more than 25% of the global market. In the U.S., prominent manufacturers have started inclining rapidly towards membrane technology from diaphragm or mercury cell process. Competitive Landscape- Key Players Focus on Acquisition Strategy to Gain a Competitive Edge The global market is fragmented with the presence of a large number of prominent companies operating domestically and internationally. Most of them are striving to gain a competitive edge by acquiring local firms. Some of the others are increasing prices of sodium hydroxide to fulfil the high demand. Below are the two latest industry developments: March 2020: Brenntag acquired the distribution business of Suffolk Solutions, Inc. It will help the former to enhance its position in the Eastern U.S. and strengthen its supply chain. February 2020: OxyChem surged the price of caustic soda to $40/dst. Economic slowdowns in Europe and China have resulted in tremendous pressure on the price of this chemical compound. It has also increased the demand from numerous sectors. A list of all the renowned caustic soda manufacturers operating in the global market: Olin Corporation (Clayton, Missouri, United States) Tata Chemicals Limited (India) Aditya Birla Chemicals (India) Limited (India) Gujarat Alkalies and Chemical Limited (India) Occidental Petroleum Corporation (OXY) (Houston, Texas, United States) Formosa Plastics Corporation (Taiwan) PPG Industries (Pittsburgh, Pennsylvania, United States) Xinjiang Zhongtai Chemical Co., Ltd. (China) Hanwha Chemical (South Korea) Brenntag North America, Inc. (North America) Other Key Players
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  • The global ceramic coatings market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. High versatility of ceramic coatings will boost their adoption across industries, Ceramic coatings, or high solids coatings, are essentially paints that are loaded with ceramic microspheres. Unlike conventional paints that contain more than 50% water, ceramic coatings comprise of dense solid microspheres, which makes them a highly attractive coating solution in many industries.

    Information Source- https://www.fortunebusinessinsights.com/ceramic-coatings-market-102325

    For example, the oil & gas industry can potentially lose millions of dollars due to ineffective coating. Therefore, the industry extensively employs ceramic coating materials to pipes and other equipment. This is because, when dried, a ceramic coating can form a hardened and impenetrable layer on the metal substrate on which it is applied, thereby preventing corrosion. Furthermore, their low friction coefficient makes these coatings energy-efficient, resulting in their high usage in manufacturing processes.

    According to the ceramic coatings market report, the value of the market was at USD 1.96 billion in 2018. Other highlights of the report include:

    In-depth understanding of market drivers and trends;
    Panoramic overview of the general industry outlook;
    Piece-meal study of the different market segments;
    Detailed assessment of the market restraints; and
    Exhaustive analysis of the regional developments and competitive dynamics of the market.
    Market Restraint

    High Cost of Ceramic Coatings to Negatively Impact the Market

    While its wide applicability in various industries is one of the top ceramic coatings market trends, these coatings come with a hefty price tag, which may slow down their demand. For instance, ceramic coating on a budget car can cost between Rs. 25,000 and Rs. 50,000 in India, which may not be affordable for every buyer. Moreover, the cost can go higher if the quality of the coating is superior. In addition to this, ceramic coatings have a few more drawbacks, which may hamper their uptake, especially in the automotive industry. For example, since these coatings are fundamentally a form of paint, even though they blend with the underlying metal, they cannot protect cars’ surfaces from usual scratch agents such as rocks and dust. Similarly, water-based pollutants can create smudges and spots on the surface of a vehicle even after they have evaporated. Unfortunately, ceramic coatings cannot safeguard surfaces from such pollutants.

    Regional Analysis

    Escalating Demand for Automobiles to Drive the Market in Asia-Pacific

    Asia-Pacific boasted a market size of USD 813.1 million in 2018 and is expected to lead the ceramic coatings market share in the forthcoming years mainly on account of exponential growth of the automotive industry in the region. The region is also home to China, the world’s largest market for automobiles, which bodes well for this market. In Europe and North America, the market will be mainly driven by the rapid advancements in their respective aerospace industries. This, coupled with a steady demand for vehicles and a robust transportation infrastructure, will further propel the market in North America and Europe.

    Competitive Landscape

    Acquisitions and Innovations to Characterize Market Competition

    The ceramic coatings market analysis indicates a period of exciting competition in this market as key players look to cement their market position. Their most preferred strategies include mergers and acquisitions and ramped up investment in R&D to launch innovative products.
    The global ceramic coatings market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. High versatility of ceramic coatings will boost their adoption across industries, Ceramic coatings, or high solids coatings, are essentially paints that are loaded with ceramic microspheres. Unlike conventional paints that contain more than 50% water, ceramic coatings comprise of dense solid microspheres, which makes them a highly attractive coating solution in many industries. Information Source- https://www.fortunebusinessinsights.com/ceramic-coatings-market-102325 For example, the oil & gas industry can potentially lose millions of dollars due to ineffective coating. Therefore, the industry extensively employs ceramic coating materials to pipes and other equipment. This is because, when dried, a ceramic coating can form a hardened and impenetrable layer on the metal substrate on which it is applied, thereby preventing corrosion. Furthermore, their low friction coefficient makes these coatings energy-efficient, resulting in their high usage in manufacturing processes. According to the ceramic coatings market report, the value of the market was at USD 1.96 billion in 2018. Other highlights of the report include: In-depth understanding of market drivers and trends; Panoramic overview of the general industry outlook; Piece-meal study of the different market segments; Detailed assessment of the market restraints; and Exhaustive analysis of the regional developments and competitive dynamics of the market. Market Restraint High Cost of Ceramic Coatings to Negatively Impact the Market While its wide applicability in various industries is one of the top ceramic coatings market trends, these coatings come with a hefty price tag, which may slow down their demand. For instance, ceramic coating on a budget car can cost between Rs. 25,000 and Rs. 50,000 in India, which may not be affordable for every buyer. Moreover, the cost can go higher if the quality of the coating is superior. In addition to this, ceramic coatings have a few more drawbacks, which may hamper their uptake, especially in the automotive industry. For example, since these coatings are fundamentally a form of paint, even though they blend with the underlying metal, they cannot protect cars’ surfaces from usual scratch agents such as rocks and dust. Similarly, water-based pollutants can create smudges and spots on the surface of a vehicle even after they have evaporated. Unfortunately, ceramic coatings cannot safeguard surfaces from such pollutants. Regional Analysis Escalating Demand for Automobiles to Drive the Market in Asia-Pacific Asia-Pacific boasted a market size of USD 813.1 million in 2018 and is expected to lead the ceramic coatings market share in the forthcoming years mainly on account of exponential growth of the automotive industry in the region. The region is also home to China, the world’s largest market for automobiles, which bodes well for this market. In Europe and North America, the market will be mainly driven by the rapid advancements in their respective aerospace industries. This, coupled with a steady demand for vehicles and a robust transportation infrastructure, will further propel the market in North America and Europe. Competitive Landscape Acquisitions and Innovations to Characterize Market Competition The ceramic coatings market analysis indicates a period of exciting competition in this market as key players look to cement their market position. Their most preferred strategies include mergers and acquisitions and ramped up investment in R&D to launch innovative products.
    Ceramic Coatings Market Size, Trends | Global Industry Report, 2026
    The global ceramic coatings market Size was valued at USD 1.96 billion in 2018 and is projected to reach USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period.
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  • The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years.

    Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047

    The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.


    The global flexitank market size is projected to reach USD 1,201.6 million by the end of 2027. The increasing investment in the development of sustainable products associated with the manufacturing of flexitank will aid the growth of the market in the coming years. Information Source- https://www.fortunebusinessinsights.com/flexitank-market-103047 The increasing number of regulatory approvals for transport and distribution networks will bode well for the market. According to a report published by Fortune Business Insights, titled “Flexitank Market Size, Share & Industry Analysis, By Reusability (Single Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027,” the market was worth USD 439.3 million in 2019 and will exhibit a CAGR of 13.7% during the forecast period, 2019-2026.
    Flexitank Market Size, Share, Growth | Global Industry Report [2027]
    The global flexitank market size is projected to reach USD 1,201.6 million by 2027, exhibiting a CAGR of 13.7% during the forecast period
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  • The global ceramic coatings market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period.

    Information Source- https://www.fortunebusinessinsights.com/ceramic-coatings-market-102325

    The high versatility of ceramic coatings will boost their adoption across industries, states Fortune Business Insights™ in its new report, titled “Ceramic Coatings Market Size, Share & Industry Analysis By Type (Oxide, Carbide, Nitride, and Others), By Coating Method (Thermal Spray, Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), and Others), By End-Use (Transportation & Automotive, Energy, Aerospace & Defense, Industrial Goods, Healthcare, and Others), and Regional Forecast, 2019-2026”. Ceramic coatings, or high solids coatings, are essentially paints that are loaded with ceramic microspheres. Unlike conventional paints that contain more than 50% water, ceramic coatings comprise of dense solid microspheres, which makes them a highly attractive coating solution in many industries. For example, the oil & gas industry can potentially lose millions of dollars due to ineffective coating. Therefore, the industry extensively employs ceramic coating materials to pipes and other equipment. This is because, when dried, a ceramic coating can form a hardened and impenetrable layer on the metal substrate on which it is applied, thereby preventing corrosion. Furthermore, their low friction coefficient makes these coatings energy-efficient, resulting in their high usage in manufacturing processes.
    The global ceramic coatings market size is anticipated to hit USD 3.32 billion by 2026, exhibiting a CAGR of 7.1% during the forecast period. Information Source- https://www.fortunebusinessinsights.com/ceramic-coatings-market-102325 The high versatility of ceramic coatings will boost their adoption across industries, states Fortune Business Insights™ in its new report, titled “Ceramic Coatings Market Size, Share & Industry Analysis By Type (Oxide, Carbide, Nitride, and Others), By Coating Method (Thermal Spray, Physical Vapor Deposition (PVD), Chemical Vapor Deposition (CVD), and Others), By End-Use (Transportation & Automotive, Energy, Aerospace & Defense, Industrial Goods, Healthcare, and Others), and Regional Forecast, 2019-2026”. Ceramic coatings, or high solids coatings, are essentially paints that are loaded with ceramic microspheres. Unlike conventional paints that contain more than 50% water, ceramic coatings comprise of dense solid microspheres, which makes them a highly attractive coating solution in many industries. For example, the oil & gas industry can potentially lose millions of dollars due to ineffective coating. Therefore, the industry extensively employs ceramic coating materials to pipes and other equipment. This is because, when dried, a ceramic coating can form a hardened and impenetrable layer on the metal substrate on which it is applied, thereby preventing corrosion. Furthermore, their low friction coefficient makes these coatings energy-efficient, resulting in their high usage in manufacturing processes.
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