Sparc Technologies Limited (ASX: SPN) announced promising results in developing graphene-enhanced water-based acrylic epoxy coatings, showing significant corrosion resistance improvements. Initial tests using electrochemical techniques, REAP and ACET, demonstrated that graphene-incorporated coatings improved the time to failure by 5.5x to 11.6x compared to unmodified coatings and showed enhanced durability with no blistering or corrosion. This innovation addresses performance challenges in water-based coatings, a growing market driven by environmental regulations and the need for low-VOC solutions.
The global water-based epoxy market, valued at AU$1.6 billion in 2022, is projected to reach AU$2.9 billion by 2029, reflecting a CAGR of 8.9%. Sparc's proprietary expertise in graphene-based additives positions it to leverage this opportunity while aligning with its strategy to expand into eco-friendly solutions. These developments also complement Sparc’s flagship ecosparc product range, facilitating broader industry adoption and customer engagement in sustainable coatings.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.