ELECTRICAL INSULATION COATINGS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Recent Developments:
In January 2023, AkzoNobel unveiled its latest Resicoat EV powder coatings, designed to protect electric vehicle (EV) battery systems and electrical components. This innovative product line boasts enhanced heat management and superior electrical insulation features, ensuring the safety and efficiency of EV battery systems, motors, and electrical storage units. Akzo Nobel N.V., stylized as AkzoNobel, is a Dutch multinational company that creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 150 countries.
In November 2022, Curtiss-Wright Corporation completed the acquisition of Keronite Group Limited. This acquisition marks a significant expansion in Curtiss-Wright's surface treatment services, integrating Keronite's unique and complementary coating technologies. Keronite is renowned for its high-performance coatings, especially in demanding service environments. Curtiss-Wright Corporation is an integrated company that provides highly engineered products, solutions, and services, with two-thirds of its sales to the aerospace & defense industry. The company has a long history dating back to the merger of the Curtiss Aeroplane and Motor Company and Wright Aeronautical Corporation in 1929, forming the largest aircraft company at the time.
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