Global Non-stick Coatings Market Worth USD 2,720.47 Million By 2031 | CAGR of 5.72%

Introduction

The use of non-stick coatings reduces the adhesive characteristics of materials. Cookware with non-stick coatings makes cooking easier and keeps food from sticking to the bottom of the pan. Non-stick coatings are specific chemical compounds that reduce the adhesion of the substrates. Due to the widespread use of non-stick cookware, it is projected that the market value for non-stick coatings will rise. The market value for non-stick coatings will also increase due to scratch resistance, heat distribution, water and oil repellency, and low friction coefficient. Non-stick coatings are also becoming more popular for industrial machinery applications. The non-stick coatings industry will have more attractive growth prospects thanks to the growing emphasis on non-stick coating manufacturing technology development.

Market Dynamics

Increasing Use of UV-cured Sol-gel Coatings Drives the Global Market

The mixed-material, fluoropolymer-free Sol-gel non-stick coatings exhibit silica strength, have a good release, and are very smooth. Sol-gel coatings can be applied to various surfaces, including metals and glass, and have built-in non-stick properties. With the use of sol-gel technology, high gloss coatings that are more heat resistant than conventional coatings are produced, improving the beauty and functionality of cookware. Commercially available colors for these coatings include red, green, blue, and white. The coatings keep their color even when exposed to higher temperatures.

UV-cured technology has applications in plastics, wood, and metal coatings due to its properties, such as rapid curing, drying, superior hardness, and abrasion resistance, which are essential drivers for the non-stick coatings sector. The excellent mechanical and chemical robustness and low VOC emissions of UV-cured sol-gel coatings are advantages. The small amount of waste produced by solvent-free UV-cured sol-gel coating is subsequently disposed of with regular trash. It helps to reduce energy use. Government regulations helped the radiation-cured coating industry.

Increasing Demand for Non-stick Cookware Creates Tremendous Opportunities

Utilizing non-stick cookware makes cooking simple and requires less oil. The global food market has noticed consumption trends of healthy cooking techniques, from families to food and retail chains. In response to the growing demand for eco-friendly alternatives and the impact of the advances above, numerous national and international players developed new Teflon designs and qualities for mass manufacture. PFA has greater purity, is chemically inert, and has non-stick attributes, making it a preferable choice for coating cookware and bakeware. PFA lining and components boost productivity and uptime, cut down on maintenance expenses, and safeguard product purity. Items that use PFA in the food processing industry include conveyor belts, baking liners, commercial bakeware, non-stick metal coatings, dispensers, and containers. PFA is used to coat cookware, bakeware, and other products utilized in the food processing sector because of its corrosion resistance. Due to the improving standard of living in countries like Finland, Canada, Denmark, Australia, Switzerland, ASEAN countries, India, Sweden, and Norway, among others, the use of high-quality products is preferred despite their relative cost being more than steel- and iron-based cookware.

Regional Analysis

Asia-Pacific is the most significant revenue contributor and is expected to grow at a CAGR of 6.86% during the forecast period. Cookware is more in demand in China, especially since most citizens are undergoing a complete transformation. More cookware is therefore being utilized, such as electric hot pots, induction cookers, non-stick cookers, pressure cookers made of various materials, and other goods. According to China's National Bureau of Statistics, carpet exports have dramatically expanded in recent years. It is projected that non-stick coatings will become more necessary in medical applications.

Furthermore, the nation's 13th five-year plan places a significant emphasis on innovation and health, which is anticipated to increase spending in the industry of medical device manufacturers throughout the projected period. Some of India's leading producers of non-stick cookware are Hawkins Cookers Limited, Nirlep Appliances Private Limited, Stove Kraft Pigeon, TTK Prestige Limited, Usha Shriram Enterprises Pvt. Ltd., Havells India Limited, Vinod Intelligent Cookware, etc. By 2025–2026, it is expected that one of India's biggest industries, food processing, will generate $535 billion in output. When it comes to exports, consumption, and production, this sector is among the top five. The demand for processed foods is rising due to rising disposable income levels, urbanization, a younger population, and nuclear families.

Europe is expected to grow at a CAGR of 4.84% during the forecast period. Manufacturing is the largest industry in Germany, accounting for nearly 79% of total industrial production. The most significant manufacturing segments are machinery, automotive, primary metals and fabricated metal products, computers, electronic and electrical equipment, and primary metals. Germany's machinery and equipment industry is the second-largest and most inventive. The country accounts for 16% of the global equipment market. There are 6,500 firms in the country, 90% of which are small manufacturers working their way up the value chain. A substantial textile sector complements Germany's food and beverage industry. For many years, the German textile industry prioritized quantity over quality. The nation has become a prominent player in the fashion business, nevertheless, since the focus has shifted to quality in recent decades. The culinary and pastry industries of Italy are well-known worldwide. Some of the top cookware manufacturers in the world are based in the country, including River SpA, I.L.L.A. SpA, RISOL SRL through Ruca, and Floral. Throughout the forecast period, it is projected that the growing middle-class need for a variety of lovely cooking and serving utensils would increase demand for cookware and, by extension, non-stick coatings.

Key Highlights

• The global non-stick coatings market was valued at USD 1,475.42 million in 2022. It is projected to reach USD 2,720.47 million by 2031, growing at a CAGR of 5.72% during the forecast period (2023-2031). 
• Based on type, the global non-stick coatings market is bifurcated into fluoropolymer, ceramic silicone, and other types. The fluoropolymer segment is the highest contributor to the market and is estimated to grow at a CAGR of 5.74% during the forecast period.
• Based on application, the global non-stick coatings market is bifurcated into cookware, food processing, fabrics and carpets, medical, electrical and electronics, industrial machinery, automotive, and other applications. The cookware segment is the highest contributor to the market and is estimated to grow at a CAGR of 5.82% during the forecast period.
• Asia-Pacific is the most significant revenue contributor and is expected to grow at a CAGR of 6.86% during the forecast period.

Competitive Players

Competitive Players

The global non-stick coatings market’s major key players are 3M, AAA Industries, Cavero Coatings, Daikin Industries Ltd, Metal Coatings, Metallic Bonds Ltd, PPG Industries Inc., Showa Denko KK, The Chemours Company, and Weilburger.

Recent Developments

Market News

• In March 2022, PPG (NYSE: PPG) announced that it would showcase its broad range of coatings at the 2022 Inspired Home Show (IHS) in Chicago, March 5-7. Its newly redesigned exhibit (#S3125) will replicate a kitchen to show coatings used in real-world applications, including its complete line of non-stick options for cookware, bakeware and kitchen electrics.
• In October 2022, Daikin will be exhibiting at CPHI Frankfurt, 1st - 3rd November 2022 at Messe Frankfurt, Germany. We will be introducing various fluorinated intermediates and fluoropolymers.

Segmentation

Global Non-stick Coatings Market: Segmentation

By Type

• Fluoropolymer
• Ceramic Silicone
• Other Types

By Applications

• Cookware
• Food Processing
• Fabrics and Carpets
• Medical
• Electrical and Electronics
• Industry Machinery
• Automotive
• Other Applications

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA