The tanker coatings market is a rapidly growing industry, driven by the increasing demand for chemical storage tanker transport in various industries such as oil and gas, chemical manufacturing, and agriculture. Coatings play a crucial role in protecting the tanks and the stored chemicals from corrosion and other forms of damage, however, the industry also faces several challenges and opportunities.
Regulations
One of the major challenges in the tanker coatings market is the stringent regulations regarding the use of certain chemicals in coatings. Many chemicals that were commonly used in the past, such as lead and chromium, have been banned due to their harmful effects on the environment and human health. This has led to the development of new, safer chemicals for use in coatings, but these can be more expensive and require more extensive testing.
Tanker Coatings Application Technique
Another challenge is the need for specialised application techniques. The coatings used on chemical storage tankers must be applied in a precise and controlled manner to ensure proper coverage and protection. This can be a complex and time-consuming process, especially for large tanks.
Environmental Considerations
The increasing demand for sustainable and eco-friendly products is also a challenge for the tanker coatings market. Traditional tanker coatings can have a negative impact on the environment due to their chemical composition and the release of volatile organic compounds (VOCs) during the curing process. This has led to the development of new, more sustainable coatings that use fewer VOCs and have lower environmental impact.
Growth and Innovation
Despite these challenges, the market also presents several opportunities for growth and innovation. One of the biggest opportunities is the increasing demand for corrosion-resistant coatings in the oil and gas industry. The harsh conditions and corrosive chemicals used in the extraction and transportation of oil and gas can take a toll on tankers, making corrosion-resistant coatings an essential part of protecting these assets.
Agriculture
The growing use of chemical storage tanks in the agriculture industry also presents an opportunity for the chemical tank coatings market. As the demand for food and other agricultural products continues to rise, the need for safe and efficient storage of chemicals used in farming, such as fertilisers, pesticides, and herbicides, will also increase.
Smart Tanker Coatings
The chemical tank coatings market is also committed to the development of smart coatings. Smart coatings are coatings that have been designed to have self-healing properties or to be able to detect and respond to changes in the environment. These coatings have the potential to greatly increase the longevity and efficiency of tankers, and are expected to become more prevalent in the future.
In conclusion, the tanker coatings market is faced with several challenges such as the stringent regulations, need for specialised application techniques and increasing demand for sustainable and eco-friendly products. However, the market also presents several opportunities for growth and innovation, such as the increasing demand for corrosion-resistant coatings in the oil and gas industry, growing use of chemical storage tanks in the agriculture industry and development of smart coatings. Companies in this market will need to stay abreast of the latest regulations and technologies to be able to meet the demands of the industry.
For more information on specialist tanker coatings, get in touch with our team.
