Pune, May 22, 2023 (GLOBE NEWSWIRE) -- Maximize Market Research, a global market research firm, has published a competitive intelligence and market research report on the “Non-Stick Coatings Market”. The Non-Stick Coatings Market size was valued at USD 1.783 Billion in 2022. The total Non-Stick Coatings Market revenue is expected to grow at a CAGR of 6 percent from 2023 to 2029, reaching USD 2.681 Billion during the forecast period.
| Market Size in 2022 | USD 1.783 Billion |
| Market Size in 2029 | USD 2.681 Billion |
| CAGR | 6 percent (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 279 |
| No. of Tables | 111 |
| No. of Charts and Figures | 110 |
| Segment Covered | By Type, Application, Technology, Orientation, Form, Feature |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Non-Stick Coatings Market Scope and Research Methodology
The objective of the report is to present a comprehensive analysis of the Non-Stick Coatings Market. The Non-Stick Coatings market is segmented By Type, Technology, and End-User. The Non-Stick Coatings Market report is a guide for investors that provides a comprehensive analysis of the competitive benchmarking of major market players in the market by revenue, financial status, portfolio, growth strategies, and geographical presence. Data for analysis of the Non-Stick Coatings industry is collected by both primary and secondary research methods. The report is a detailed analysis of the Non-Stick Coatings Market by country, regional and global presence. The Non-Stick Coatings Market size was estimated through a bottom-up approach. The new entrants in Non-Stick Coatings Market were researched for growth prospects and future business outlooks. Restraints, drivers, challenges, and opportunities are provided in detail in the Non-Stick Coatings Market report.
Non-Stick Coatings Market Overview
Non-Stick coatings also known as Nostratic finishes or non-stick surfaces are specialized coatings used on a variety of items, including cookware and industrial equipment, to keep food, fluids, or materials from sticking to their surfaces while in use. Non-stick coatings are used to reduce the adhesive abilities of materials. The most common application of non-stick coatings is cookware which allows the food to cook properly and not stick to the bottom of the pan. Non-stick coatings are specialized chemical compounds that are applied to reduce the sticking ability of the substrates.
Increasing Consumer Preference for Healthy Cooking is expected to grow during the forecasting period
Increasing consumer preference for healthy cooking is expected to grow during the forecast period and has a significant impact on the non-stick coatings market. Consumers are increasingly becoming health-conscious and are seeking cooking methods that require less oil and fats. Non-stick coatings provide an excellent solution as they require minimal oil for cooking and enable easy release of food without sticking to the surface. These coatings offer a healthier alternative to traditional cooking methods, reducing the consumption of unhealthy fats. As a result, the demand for non-stick cookware and bakeware is projected to rise as consumers prioritize health-conscious cooking practices.
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Asia-Pacific is expected to hold a Significant Share of the Non-Stick Coatings Market over the Forecast Period
Asia-pacific dominates the non-stick coatings market in terms of revenue. The region is expected to dominate the market over the forecast period. The increasing application of non-stick coatings as cookware in home cooking appliances is fostering the growth of the market in this region. Growth and expansion of various other end-user verticals such as the chemical industry is bolstering the growth of the market.
Non-Stick Coatings market segmentation
Based on Type, the PTFE segment held the largest Non-stick Coating market Share in 2022, owing to its extensive set of properties such as low friction, self-cleaning, and effectiveness at a wide range of temperatures, long-term weather ability, and dielectric strength. The growing demand for such materials overall regions is expected to drive the industry growth.
Based on application, the cookware segment dominated the global Non-Stick Coatings Market share in 2022 and is expected to grow at a CAGR of 6.8 % during the forecast period. The segment growth is driven by the increasing usage of PTFE in cookware due to its properties such as non-stick, hydrophobic, low refractive index, and high-temperature resistance. The increasing demand for such cookware products for the kitchen and should appliances is a primary driving factor for the segment market growth. The cookware equipment is wiped clean much more quickly when it is covered in Non-Stick Coatings, which is increasing the demand for Non-Stick coatings from the cookware sectors.
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By Type:
• Fluoropolymer/tetrafluoroethylene (PTFC)
• Ceramic Silicone
• Sol-Gel
• Other
By Application:
• Cookware
• Fabric and carpets
• Automotive
• Food processing
• Industrial
• Electric and electronic
• Medical
• Other
By Technology:
• Film Drying / Air Setting
• Multicomponent
• Reactive / Moisture Cured
• Other
By Surface Location/ Orientation:
• Exterior
• Interior
• Floor
• Wall
• Ceiling
By Form:
• Aerosol
• Brush / Roll-on
• Liquid
• Powder Coating
• Sprayable
• Other
By Feature:
• Chemical / Oil Resistant
• Dielectric
• Corrosion Inhibiting / Rust Preventive
• Heat Resistant / High Temperature
• Protective
• Waterproof / Water Repellent
• Wear Resistant (Abrasion / Erosion)
• Weather / UV Resistant
• Other
Non-Stick Coatings Market Key Players include:
• The Chemours Company.
• Ppg Industries Inc.
• Daikin Industries, Ltd.
• Showa Denko K.K.
• 3M
• Neeta Bellows. Mumbai
• Umasons Steelfab Pvt. Ltd.
• Neeta Enterprises. Mumbai
• Thanavala Associates. Mumbai -
• Shree Kedar Trading Co. Mumbai
• Viral Cookware.
• Bhogale Coating & Paints Pvt.
• Reliable Polymer Industries.
• The Cookware Company
• Jotun Group
• Whitmore Manufacturing Co.
• Oerlikon Balzers
• Solvay Group
• Shaanxi Taporel Electrical Insulation Technology Co., Ltd.
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Key questions answered in the Non-Stick Coatings Market are:
- What is the Non-Stick Coatings Market?
- What was the Non-Stick Coatings Market size in 2021?
- What is the expected Non-Stick Coatings Market size by 2029?
- What is the growth rate of the Non-Stick Coatings Market?
- Which are the factors expected to drive the Non-Stick Coatings market growth?
- Which factors are expected to restrain the Non-Stick Coatings market growth?
- Which segment dominated the Non-Stick Coatings market growth?
- What is the demand pattern for the Non-Stick Coatings Market?
- Which region held the largest Non-Stick Coatings Market share?
- Who are the key players in the Non-Stick Coatings Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product Type, End-User, Distribution Channel, Application, and Packaging
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Industrial Liquid Coatings Market: The total market size was valued at USD 54.36 Bn. in 2022 and the total revenue is expected to grow at 6.2 percent from 2022 to 2029, reaching USD 82.82 Bn. Steady demand for Global Industrial Liquid Coatings from end-user industries is expected to boost market growth.
Nonstick Cookware Market: The total market size was valued at USD 10.97 Bn. in 2022 and the total revenue is expected to grow at 4.90 percent from 2022 to 2029, reaching USD 16.09 Bn. Steady demand for the Global non-stick Cookware Market from end-user industries is expected to boost the market growth
Anti-icing Coating Market: The total market size was valued at USD 945.66 Mn. in 2022 and the total revenue is expected to grow at 22.65 percent from 2022 to 2029, reaching USD 4842.56 Mn. Steady demand for Anti-icing Coating from end-user industries is expected to boost the market growth
Waterborne Coatings Market: The total market size was valued at USD 84.25 Bn. in 2022 and the total revenue is expected to grow at 3.8 percent from 2022 to 2029, reaching USD 109.39 Bn. Steady demand for Waterborne Coatings from end-user industries is expected to boost market growth
Anti-fog Coatings Market: The total market size was valued at USD 17.34 Bn. in 2022 and the total revenue is expected to grow at 3.5 percent from 2022 to 2029, reaching USD 22.06 Bn. Steady demand for Anti-fog Coatings Market from end-user industries is expected to boost the market growth.
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