Sparc Technologies (ASX:SPN) has achieved significant improvements in graphene-enhanced water-based acrylic epoxy coatings. The company demonstrated enhanced corrosion resistance, aligning with its strategy to expand its graphene-based additive portfolio. The advancements cater to the increasing demand for environmentally friendly alternatives.
Sparc Technologies is bolstering its position in the coatings market by enhancing the performance of water-based coatings with graphene. The global market for water-based epoxy is projected to grow significantly, and Sparc's innovation aligns with this trend. By incorporating graphene, the company addresses performance limitations and environmental demands, aiming to broaden customer engagement. Sparc's strategy focuses on leveraging its proprietary graphene knowledge to develop sustainable technologies, including green hydrogen production and sodium ion battery technology, positioning itself for future growth.
The results, which show improvements in corrosion protection using graphene, support broader customer engagement and market expansion.