As per the recently published report by MarketsandMarkets™, The “Porcelain Enamel Coatings Market by Type (Powder, Liquid), End use (Residential, Commercial), Application (Pot, Pan, Baking Dish, Stove, Oven & Cooker, Sanitaryware and Plumbing, Water Heater, Room Heater), and Region – Global Forecast to 2028″, is projected to reach a market size of USD 1.9 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 2.7%.
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The driving factors for porcelain enamel coatings include the increasing demand for aesthetically appealing cookware products, and sustainable and eco-friendly construction materials and practices. Porcelain enamel coatings offer exceptional durability and resistance to wear and corrosion. Porcelain enamel coatings are a more environmentally friendly alternative to traditional construction materials. Additionally, the growing awareness of the benefits of porcelain enamel coatings such as durability and heat resistance makes it an ideal choice for applications in the automotive, cookware, and construction industries, where the coated surfaces are exposed to high levels of wear and tear.
This report also provides a comprehensive analysis of the companies listed below:
The major Players in porcelain enamel coatings market include A.O. Smith Corporation (US), AkCoat (Turkey), vibrantz Technologies (US), Nolifrit (China), and Tomatec Co., Ltd. (Japan) and others.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the porcelain enamel coatings market.
Recent Developments in Porcelain Enamel Coatings Market Industry
- In April 2022, Prince International Corporation has finished the acquisition of Ferro Corporation, merged it with Chromaflo Technologies, and rebranded the resulting entity as Vibrantz Technologies Inc.
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Porcelain enamel coatings are also known for their aesthetic appeal. These coatings can be produced in a wide range of colors and finishes, allowing for customization and enhancing the visual appeal of products. This versatility in design options has made porcelain enamel coatings a favorite among designers and manufacturers looking to create aesthetically pleasing and distinctive products.
Vibrantz Technologies: Vibrantz Technologies is a leading global manufacturer of mineral-based specialty additives,
pigments and colorants, functional ingredients for specialty coatings, and glass and porcelain enamels. The company leverages its deep knowledge of particle size engineering, color technologies, and glass and ceramics science to provide unique products and solutions to more than 11,000 customers in diverse end markets, including electronics, building & construction, industrial, automotive, and appliances and sanitaryware.
In April 2022, Prince International Corporation has finished the acquisition of Ferro Corporation, merged it with Chromaflo Technologies, and rebranded the resulting entity as Vibrantz Technologies Inc.
AkCoat: The company is a leading manufacturer of chemical coating materials based in Hendek, Turkey. It offers enamel coatings, ceramic surface and decorative solutions, nonstick decorative coatings, glass coating materials, and pigments. It provides solutions to global brands that add value to the household appliances, kitchenware, ovens, ceramics, and glass industries.
In 2015, Akkim acquired Akcoat (Gizem Frit), the world’s leading manufacturer of chemical coating materials. This acquisitions added value to the white goods, kitchen utensils, oven, enamel, ceramic and glass industries.
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