Market News
Recent Developments
New product launches
- In January 2022, PPG Industries launched SIGMAGLIDE 1290, a dry lubricating coating designed to reduce friction and wear in metal components. The launch widened PPG's portfolio of solid lubricant coatings. PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. By revenue it is the largest coatings company in the world followed by AkzoNobel.
- In June 2021, Acree Technologies launched TiN targets designed for physical vapor deposition processes. The launch expanded the company's capabilities to produce nitride-based coatings. Acree Technologies Incorporated was founded in 2004 by a group of experienced scientists formerly employed by large semiconductor manufacturers and national laboratories. Acree commercializes plasma technology, specializing in thin film coatings applied by physical vapor deposition.
- In September 2020, Oerlikon Balzers introduced BALINIT TISAFLEX, an oxidation-resistant TiN coating for machining applications. The coating enables high-speed cutting and dry machining across various materials. Oerlikon Balzers is part of the OC Oerlikon Group, a Swiss technology conglomerate, and a supplier of PVD coatings. The OC Oerlikon group consists of companies in the following divisions: polymer processing solutions and surface solutions.
Acquisition and partnerships
- In 2022, PPG Industries acquired Arsonsisi and Vinimex to expand its coatings capabilities. The acquisitions enhanced PPG's product portfolio for industrial and consumer applications. Arsonsisi is an Italian company that has been in operation for 100 years, specializing in industrial coatings for various sectors. The company has a strong presence in the global market, particularly in Europe, and is known for its innovative technologies in the production of powder and liquid coatings. Vinimex is a company with a presence in various industries. It is associated with the production of antiviral and antibacterial paint, as well as being involved in import and export activities.
- In 2021, DuPont acquired Laird Performance Materials, expanding its engineered materials business. The acquisition strengthened DuPont's electronic materials portfolio. DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in the development of Delaware and first arose as a major supplier of gunpowder. Laird Performance Materials is a world leader in high-performance electromagnetic shielding and thermal management, with a comprehensive offering of performance components and solutions that manage heat and protect devices from electromagnetic interference.
- In 2020, Oerlikon Balzers partnered with Senvol to develop machine learning-based solutions for PVD coating processes. The partnership focused on optimizing coatings for additive manufacturing. Senvol is a company based in New York, with a focus on providing data and software services to help companies implement additive manufacturing. The company offers a comprehensive database of industrial additive manufacturing machines and materials, as well as data-driven machine learning software to analyze the relationships between additive manufacturing process parameters and material performance.
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