Enviropeel

What Enviropeel does

Enviropeel (legal entity EP Industrial Coatings USA) is an Indianapolis-based industrial materials company founded in 2004 that develops and applies proprietary thermoplastic encapsulation systems for bearing protection, corrosion prevention, conveyor belt repair, and underwater coating in harsh industrial environments. The core technology is the Enviropeel E-170 Thermoplastic System, a spray-applied thermoplastic that bonds only to itself (not the substrate), incorporates slow-release corrosion-inhibiting oils, and uniquely allows shafts and rotating bearings to operate freely within the sealed protective layer. The portfolio is anchored by the Enviropeel Thermoplastic System and extended by three specialized products: Bearing Shield (pre-engineered zip-on shields enabling rapid self-application), Rubberloc (two-component rapid-cure conveyor belt repair), and Alocit 28 (a zero-VOC, high-build coating engineered for wet, submerged, and oily substrates and recognized by the US Army Corps of Engineers specification).

The company sells primarily to enterprise customers in mining, marine, offshore, oil & gas, manufacturing, pipeline, utilities, paper/packaging, and renewables. Revenue is generated through three streams: one-time product sales of coating systems and repair kits, professional services (site surveys, proof-of-concept trials, application delivery, training), and a licensing/partner model where certified applicator partners across six continents buy product and apply it under license. Pricing is quote-based and not publicly disclosed; the sales motion is technical-consultative with ROI-driven cost/benefit analysis at the site-survey stage.

Go-to-market combines a direct enterprise field sales and Technical Services Team with a global certified partner network, supported by regional GMs for Asia Pacific and Europe. Notable customers include BHP Billiton and Rio Tinto (mining), GAF (manufacturing), and a US oil exploration company (offshore). The company is privately held, bootstrapped, 11-50 employees, and led by Owner/VP Technical Services Ivan Hess alongside CFO Andy Ferguson, VP Partners Keith Cheatham, and regional leadership.

Name

Enviropeel

Legal name

EP Industrial Coatings USA

Website

https://enviropeel.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Enviropeel (EP Industrial Coatings USA) provides proprietary thermoplastic encapsulation systems for bearing protection, corrosion prevention, and conveyor belt repair, serving enterprise customers in mining, marine, oil & gas, manufacturing, pipeline, and utilities sectors globally through a certified partner network.

Ownership category

akta.pro rank

Product category

Industrial Protective Coatings

NAICS

Plastics and Rubber Products Manufacturing (326)

SIC

Fabricated Rubber Products, Nec (3060), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Rubber Linings, Coatings & Corrosion Protection (Tanks, Pipes, Chutes) (IMANALAH)

Keywords

• Corrosion prevention coatings
• Bearing protection systems
• Industrial asset protection
• Thermoplastic encapsulation
• Underwater coating solutions

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Product Sales - Enviropeel Thermoplastic Systems: Sale of proprietary thermoplastic coating products including Enviropeel E-170, Bearing Shield, Rubberloc, and Alocit coatings. Products are applied by trained technicians from EP Industrial Coatings or certified global partners.
2. Technical Services: Site surveys, proof-of-concept trials, estimation support, cost modeling, application delivery, and training services provided alongside products or independently. Specialized partners involved in delivery of some projects.
3. Partner Network / Licensing: Global network of certified applicator partners who apply Enviropeel technology. Partners receive training, technical support, sales and marketing assistance. Revenue generated through product sales to partners and licensing of technology.
4. Rubberloc Repair Kits: Complete repair kits containing everything needed for fast, permanent conveyor belt repairs. Each kit includes repair material, surface cleaner, adhesion primer, application tool, stir stick, and complete instruction set.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Enviropeel manufactures and sells a proprietary thermoplastic encapsulation system (E-170) that coats industrial bearings, flanges, valves, and other equipment to prevent contamination, water ingress, and corrosion. The company complements this with Bearing Shield pre-engineered protection kits, Rubberloc conveyor belt repair kits, and Alocit 28 underwater coatings, delivered through a mix of direct technical service and a global certified applicator partner network across mining, marine, oil & gas, manufacturing, pipeline, and utility customers.

Product overview

Enviropeel (EP Industrial Coatings) offers a portfolio of advanced reliability solutions centered on its proprietary thermoplastic encapsulation technology. The core offering is the Enviropeel Thermoplastic System, which provides bearing protection, corrosion prevention, and asset preservation through a unique coating that bonds only to itself and allows shaft rotation. This core system is complemented by three specialized products: Bearing Shield (pre-engineered zip-on shields for rapid bearing protection), Rubberloc (two-component conveyor belt repair system), and Alocit 28 (zero-VOC underwater coating for wet and submerged surfaces). Together, these products form an integrated asset protection ecosystem covering rotating equipment, corrosion prevention, belt repair, and marine/offshore applications across mining, manufacturing, marine, offshore, pipeline, and utilities industries.

Differentiator

Problem solved

Functional benefit

Brands

• Enviropeel Thermoplastic System: Advanced thermoplastic coating system for bearing protection and corrosion prevention that delivers 500%+ increase in operating lifetimes and 85% reduction in maintenance costs.
• Bearing Shield
• Rubberloc
• Alocit 28

Products and services

• Enviropeel Thermoplastic System Advanced spray-applied thermoplastic coating (E-170) that encapsulates rotating equipment, flanges, valves, and bolted assemblies in a close-fitting protective shell containing slow-release corrosion-inhibiting oils. Bonds only to itself so that shafts rotate freely inside the protective layer, preventing dust, water, and contaminant ingress and delivering 500%+ bearing life extension for industrial operators in mining, manufacturing, oil & gas, marine, pipeline, and utilities.
• Bearing Shield Pre-engineered, custom-manufactured bearing shield with a zip-on design that delivers Enviropeel protection without requiring specialized spray equipment or trained applicators. Everything needed for installation is included in the box, allowing mid-market and enterprise maintenance teams to self-apply bearing protection and achieve 500%+ life extension quickly.
• Rubberloc Conveyor Belt Repair

Quantifiable outcome

• Bearing life extended by 500-1000% (from 9 months to 4+ years operational in mining)
• +8 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core, strategic and minor.

• Global Partner NetworkcoreChannel Partner/ Reseller/ DistributorEP Industrial Coatings operates a global network of certified applicator partners across six continents. Partners work directly with end-clients applying Enviropeel technology to critical equipment. Each partner is trained to deliver consistent service standards and technical expertise. Local partners understand regional challenges, regulatory requirements, and operational constraints, providing rapid response times and on-site support with regional inventory.
• IoT and Sensor Technology ProvidersstrategicTechnology or IntegrationPartnerships with IoT and sensor technology providers enable active protection, real-time visibility, and more complete understanding of asset condition. Supports movement from reactive maintenance to prescriptive maintenance with data-driven insights into asset longevity.
• Specialized Mechanical Engineering FirmsminorImplementation/ SI/ Consulting PartnerPartnerships with specialized mechanical engineering firms allow pooling of expertise and risk reduction on complex projects. Enables teams to take on large, multi-disciplinary projects that would be too risky or difficult for one company to manage alone.
• Industrial Service CompaniesstrategicStrategic or Co-development PartnerIndustrial service companies partnered to create holistic solutions for customers. The result is not just an addition of services but a force multiplier. Partners can introduce Enviropeel based on history of proven delivery, giving customers access to more comprehensive solutions.
• Waste Management and Recycling SpecialistsminorOthersPartnerships supporting circularity of thermoplastic materials. Enviropeel can be peeled off, melted down, and reapplied, reducing waste. Waste-management specialists support the sustainability of the thermoplastic material lifecycle.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Jotun: Norwegian global coatings manufacturer with strong presence in marine, protective, and offshore markets. Comparable in target customers (shipyards, offshore platforms, industrial plants) but serves these markets through conventional paint systems rather than specialty thermoplastic encapsulation.
• Sherwin-Williams (Protective & Marine): Major global coatings manufacturer with a dedicated Protective & Marine division serving heavy-industrial asset protection. Overlaps with Enviropeel in oil & gas, offshore, and infrastructure corrosion protection, but competes primarily with traditional epoxy and polyurethane systems.
• Hempel: Danish global coatings supplier specializing in marine, protective, and industrial coatings. Directly comparable end-market exposure to Enviropeel in offshore, oil & gas, and heavy industry, but competes with conventional coating chemistries at much larger scale.
• AkzoNobel (International Paint): Global paints and coatings leader with International Paint serving marine, offshore, and protective segments. Comparable as a broad incumbent in heavy-industrial corrosion protection, though its portfolio is centered on conventional liquid coatings rather than thermoplastic encapsulation.
• PPG Industries: Global coatings giant with a large protective and marine coatings business serving oil & gas, infrastructure, and industrial customers. Comparable as a broad incumbent offering industrial maintenance coatings into the same end markets where Enviropeel competes, though not specialized in thermoplastic encapsulation for rotating equipment.

Emerging players

• Henkel (Adhesive Technologies): Global adhesives and sealants major with industrial maintenance and surface treatment product lines. Partially comparable through its industrial coating and surface protection portfolio serving manufacturing and maintenance customers, though its core competency is bonding rather than corrosion encapsulation.

Direct peers

• Cortec Corporation: US-based specialty manufacturer of corrosion protection technologies including VCI films, coatings, and adhesives for industrial applications. Directly comparable as a niche corrosion prevention specialist serving similar mining, oil & gas, and manufacturing customers with proprietary inhibitor-based chemistries.
• Belzona: UK-based manufacturer of polymer repair composites and protective coatings for industrial equipment. Highly comparable as a specialty industrial protection company selling proprietary coating and repair systems into oil & gas, mining, marine, and power generation end markets.
• Denso North America: Manufacturer of anti-corrosion coatings, mastics, tapes, and pipeline protection systems with petrolatum and bitumen-based technologies. Closely comparable to Enviropeel in serving pipeline, marine, and industrial asset protection with a similar coating-and-application model.
• Seal For Life Industries: Global provider of anti-corrosion and sealing systems for pipelines, infrastructure, and industrial assets. Comparable through its focus on flange protection, pipeline coatings, and corrosion prevention systems sold into the same heavy-industrial verticals as Enviropeel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Enviropeel
• YouTubeyoutube.com/user/77ivnhoe
• Facebookfacebook.com/Enviropeel-USA-357353327609434
• LinkedInlinkedin.com/company/enviropeelusa

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enviropeel