According to the latest report by IMARC Group, titled “Nanocoatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on nanocoatings market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global nanocoatings market reached a value of US$ 9.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 30.4 Billion by 2027, exhibiting at a CAGR of 22.6% during 2022-2027.
Nanocoatings represent extremely fine and thin layers of polymeric chemical substances that are utilized to impart specific physical and chemical characteristics to a substrate surface. In terms of product type, they can be categorized into anti-microbial, anti-fingerprint, anti-fouling, self-cleaning, and other variants. Nanocoatings are predominantly used to change the oleophobic and hydrophobic properties of a surface by adding a protective coating. They enhance the corrosion resistance, temperature resistance, abrasion resistance, color protection, and self-cleaning properties of various materials, including ceramic tiles, glass windows, metals, plastics, etc. Consequently, nanocoatings find extensive applications across several sectors, such as food and packaging, construction, electronics, healthcare, automotive, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The growing construction industry across countries and the emerging trend of green building are primarily driving the nanocoatings market. Besides this, the elevating concerns about the harmful volatile organic compounds (VOC) emissions from conventional coatings that severely impact air quality are acting as significant growth-inducing factors. Furthermore, the increasing product usage in the automotive segment to improve the durability, thermal barrier, insulation, and anti-fingerprint properties of the vehicle exteriors is also positively influencing the global market. Additionally, the rising strategic merger and acquisition (M&A) activities among the leading market players to expand their manufacturing facilities and facilitate high amount of investments in research and development (R&D) projects to launch superior-quality products are expected to propel the nanocoatings market in the coming years.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- PPG Industries
- AdMat Innovations
- Cima NanoTech
- CG2 NanoCoatings
- Ecological Coatings
- Integran Technologies
- Nanovere Technologies
- Nanophase Technologies
- Tesla NanoCoatings
Nanocoatings Market Segmentation:
Our report has categorized the market based on region, product type and end-user.
Breakup by Product type:
- Easy to clean
Breakup by End-use:
- Food packaging
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
- Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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