Peelable coatings, as the name suggests, are temporary coatings which can be peeled off as continuous and sizable sheets from the substrate at the end of the service period. These coatings, also known as strippable coatings, have proven to be a cost-effective and time-efficient solution for protection and decontamination of sensitive, and inaccessible surfaces requiring a high precision application method. These coatings are removable and flexible but are robust and impervious to external chemical attacks and physical stresses. Peelable coatings due to their compatibility with a wide range of substrates can be applied on metals, plastics, glass and concrete, to name a few. The polymers predominantly used for peelable coating composition include Solvent Based-based polymers and copolymers, Water Baseds, polyurethanes, cellulose polymers and derivatives in a water-based or solvent-based system. Another key ingredient of the peelable coating system is the release agent used. Release agents play a cardinal role in the coating as they restrict the adhesion of the film to the substrate and supplement the peel ability of the film. Coupling the polymer chemistries, release agents with different additives can yield a broad spectrum of peelable coatings finding applications in decontamination of nuclear reactors, optics, automotive, floor coatings, electronic protection, food coatings, cosmetics and labels for plastics.
Key global players include Wacker Chemie, Sherwin-Williams, PPG Industries, etc. Wacker Chemie tops the list with a share about 20%. The top 5 manufacturers of the world are Wacker Chemie, Sherwin-Williams, PPG Industries, Kraton, AkzoNobel. In global, South America, Europe, Asia-Pacific and North America occupy most of market share. South America makes up the largest share of more than 50%.
The global Peelable Coating market was valued at US$ 157 million in 2020 and it is expected to reach US$ 279 million by the end of 2027, growing at a CAGR of 8.6% during 2021-2027.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Solvent Based
- Water Based
Segment by Application
- Aerospace and Defense
- Ship Building
- Wacker Chemie
- Ppg Industries
- General Chemicals
- Hs Protect
- P1 Coatings
- Cal-West Specialty Coatings
- Evans Coatings
- Spraylat International
- Blocksil Limited
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
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