Page 197 - CW E-Magazine (26-9-2023)
P. 197

Special Report


       grow exponentially  in the medium-
       long term. In  2022, ~8-mn EVs  were
       sold globally, out of total vehicles sales
       of ~80-mn, indicating penetration level
       of around 10%. However, by 2030, this
       penetration  is likely  to go up as high
       as 35-40%, with around 38-mn EVs
       being  anticipated to be sold in  2030.
       This would indicate a CAGR of 15-20%
       over next 10 years.

          China and EU would lead the way
       with EV penetration of more than 50%
       by 2030. But USA and India would not
       be far behind and likely to have EV
       penetration  of ~25-30% by 2030. All
       this is driven by decarbonization targets   Source: Morgan Stanley         Source: PPG Investor Presentation
       committed  by the various countries,   to protect the battery  and vehicle  and impact resistance. However, certain
       coupled with aggressive legislations   components  from such extremes  powder coatings can meet all require-
       supporting these targets.           supports the longevity of the vehi-  ments in a single coat. With newer EV
                                           cle and its operational safety.  technologies and designs, having a sin-
          However, from a coatings industry     Dielectric protection: Battery packs  gle coat able to deliver multiple func-

       perspective, this is not the most inter-  also require protection from electro-  tions will gain popularity due to both
       esting aspect of this disruption. What is   magnetic interference. Coatings  cost and performance.
       interesting to note is that the content of   with dielectric  properties can help
       coatings that is needed in an EV would   prevent arcing between metal parts.   Powder coatings are anyways
       be significantly higher (almost 2.0-2.5     Thermal management:Battery packs  known for their inherent  advantages

       times, in value terms), compared to   also require capability to manage-  related to sustainability such as no vola-
       a normal internal combustion engine   temperature extremes, i.e., either  tile organic chemicals (VOCs), minimal
       (ICE)-based vehicle.                too hot or too cold. If the tempera-  waste and faster processing times.
                                           ture is too low, the battery’s power is
          In a typical ICE passenger car, coat-  decreased, reducing capacity, and –    Thus,  we believe, EVs  will be a
       ings are primarily required for the tra-  ultimately –  vehicle  range. If  the  good growth area for powder coatings.
       ditional four coats on the exterior side,   temperature is too high, the battery
       which are all  liquid coatings.Powder   degrades at an accelerated pace.   Trend # 3: Powder coating in archi-
       coatings are applied on select under-                              tectural coatings
       body parts, wheels etc.             For EVs, powder coatings provide   The performance & asset protection
                                         significant advantages. Because of their  requirement will only go up in future –
          However, this will change in an EV.  toughness, chemical resistance and high  a case  in point being  the  increasing
       Though each EV manufacturer has its  dielectric strength, epoxy powder coat-  demand of powder coatings for archi-
       own battery pack design, what is com-  ings are an ideal fit for bus bars, stators,  tectural applications.These are used for
       mon  is  that  they  all  need  fire  protec-  rotors and covers for battery  packs.   interior, as well as exterior usage, on
       tion,  corrosion-& impact-protection,  They also support the longer-term per-  aluminium extrusions such as windows,
       temperature management and electrical  formance of the battery by protecting it  facades, etc.
       shielding.                        against corrosion and other threats.
                                                                             Here are few examples of land-
            Fire protection: EV charging points   Traditionally, all these requirements  marks and buildings where powder
          generate considerable heat; fast  are fulfilled by multiple layers of liquid   coatings have been used.
          chargers can push battery pack tem-  coatings – the primer layer, address-
          peratures to 270°C after just a few  ing corrosion and dielectric protection,   Hyper-durable powder coatings
          minutes of charging, so being able  and top coats addressing weatherability   are the most weather-resistant coatings


       Chemical Weekly  September 26, 2023                                                             197


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