TAGS: Wood Coatings
ICL has launched HALOX® SCRATCH-X™, an innovative mineral-based anti-scratch additive. HALOX® SCRATCH-X™ improves scratch resistance and durability of industrial wood coatings used for cabinetry and furniture.
Next Generation Additive to Meet Customers’ Unmet Needs
This new product launch is a key milestone for ICL’s paint & coatings business and is indicative of its continued ability to offer innovative products and unique solutions. ICL’s scientists developed the new product after extensive research and coordinated marketing efforts to fulfill customer’s existing and unmet needs.
ICL estimates the total addressable market for SCRATCH-X™ to reach about USD 450 million per year. It also expects its next generation additive to capture between 5 percent and 10 percent of the market globally within the next few years.
About ICL Group
ICL Group is a specialty minerals and chemicals company operating bromine, potash and phosphate mineral value chains in a unique, integrated business model. ICL extracts raw materials from well-positioned mineral assets and utilizes technology and industrial know-how to add value for customers in key agricultural and industrial markets worldwide.
Source: ICL