The commercialisation of its coatings marks Valspar’s entry into the shipping container market, which it describes as “a segment with highly-specified technical and performance requirements”. The company estimates its market to be worth approximately US$1 billion globally.
Compared to conventional solvent-based systems used in the industry, calculations based on industry data show that Aquaguard would reduce solvent emissions by more than 70%. In addition, being zinc-free, Valspar says that it offers superior corrosion protection as verified through field testing and independently-conducted corrosion tests specified by the Institute of International Container Lessors.
“We’ve leveraged our 60-plus years of expertise in water-based coating technology to develop and deliver a superior product and application process to the shipping container industry,” said Roeland Polet, Valspar senior vice president, Global Industrial.