New Technologies Boost Demand for Polymer-based Wind Power Coatings

Growing atrocities of unpredictable weather conditions have triggered the demand for efficacious wind power coatings. Manufacturing companies are aiming to expand their product portfolio of polymer coatings for wind towers and blades that are witnessing an increase in demand. As such, the polymer coatings type segment dominates the wind power coatings market, in terms of value and volume, and is estimated to reach a volume of ~178,200 kilo liters by the end of 2022. Hence, manufacturers are innovating in new polymer coatings. For instance, German supplier of high-tech polymer materials Convestro, has gained expertise in PUR (Polyurethanes)-based topcoats that offer lasting corrosion protection for wind towers.

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Rise in Use of Graphene Additives to Manufacture Eco-friendly Coatings

Companies in the wind power coatings market are boosting their credibility credentials by developing greener corrosion protection coatings. Apart from gaining stability in polymer-based coatings, manufacturers are increasing efforts to gain trust and reliability in the global market landscape by developing eco-friendly coatings. This goal is being achieved with the help of graphene additives.

Exceptional mechanical strength and thermal conductive properties of graphene are gaining increased popularity in the market for wind power coatings. Hence, manufacturers are combining the properties of graphene with solvent- and water-based coatings to develop eco-friendly coatings. As such, the water-based technology segment accounts for the highest revenue in the wind power coatings market. This segment is expected to reach a value of ~US$ 800 Mn by 2027.

Moreover, manufacturers are increasing production capabilities to develop water-based coatings to address the growing concerns of corrosion in onshore and offshore applications. Companies are experimenting by combining graphene with other corrosion-protection pigments to offer anti-corrosion function in coatings.

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Aerospace Technology Helps Overcome Challenges in Development of Turbine Blades

Innovations in offshore application are contributing to the exponential growth of the market, even though onshore application dominates the wind power coatings market in terms of volume and value. Companies are adopting new approaches such as using the aerospace technology to develop leading-edge protection systems. These novel coatings are being increasingly used for offshore wind turbines. Continuous product developments in the wind power coatings market are helping stakeholders in the offshore segment to achieve cost-efficiency. Cost-efficiency is being achieved through advanced coating systems that eliminate the need for intervention due to rain erosion. Thus, improved coatings are paving the way for lighter wind turbine blades.

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On the other hand, new product offerings for onshore applications are helping manufacturers in the wind power coatings market to accomplish business stability. As such, the onshore application segment accounts for ~97% of the wind power coatings market share. However, there is a need for better products to address erosion due to rain. Hence, companies in the wind power coatings market are adopting the aerospace technology to enhance the blades operational life.

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