Nanocoatings Market Overview:
Global Nanocoatings Market size is expected to reach $13,094 million by 2022 from $3,327 million in 2015, growing at a CAGR of 21.0% from 2016 to 2022. Nanocoatings are substrates coated with nanomaterials by a film of thickness in the nano-range (10-9 m). These coatings provide weather resistance to protect coated surfaces from getting degraded.
The global nanocoatings market is segmented based on type, application, and geography. On the basis of type, the nanocoatings market is divided into anti-fingerprint; antimicrobial; easy-to-clean & anti-fouling; self-cleaning (bionic & photocatalytic); anti-icing & deicing; anticorrosion; conductive; UV resistant, abrasion, & wear resistant; and others. Applications covered in the nanocoatings market study include electronics, energy, food & packaging, construction, marine industry, military & defense, automotive, aerospace, healthcare, and others. Anti-fingerprint nanocoatings reduce visibility of fingerprints on the coated surface, thereby maintaining thickness of the coating film. These coatings are majorly used in electronics, automotive, and military & defense applications.
Nanocoatings Market Segmentation
Top Investment Pocket
The automotive segment shows the highest growth rate owing to the increase in usage various types of nanocoatings. Asia-Pacific is currently an emerging market for automobiles, thereby providing opportunities for the new entrants. These coatings are widely adopted to protect automobiles from corrosion without compromising with their finish, and serve as ideal alternative to wax. Additional functions such as UV, abrasion, & wear resistance and self-cleaning properties make it a suitable option over the traditionally used coating materials.
Nanocoatings Market Top Investment Pockets, By Application
Marine industry possesses high potential for nanocoatings market, as fouling caused by microbial growth burns 40% excess fuel, resulting in an annual loss of more than €5 million. Thus, nanocoatings are widely used to reduce losses caused due to fouling and increase longevity of fleet.
Brazilian nanocoatings market generated the highest revenue in the LAMEA region. Brazil and Argentina jointly accounted for approximately 51% of the adoption of nanocoatings in Latin America. The market in Latin America is driven by abundance of raw materials, development of ports to ease out transportation, increase in number of educated population, and availability of state-of-the-art production facilities. The region has also witnessed surge in the investment in automobile and aerospace industries.
Brazil Nanocoatings Market, 2014-2022 ($Million)
Key players profiled in the nanocoatings market report include Buhler AG, Nanogate AG, Nanophase Technologies Corporation, Bio-Gate AG, Admat Innovations, Surfix BV, Nanomech Inc., EIKOS Inc., CIMA Nanotech, and Duraseal Coatings Company LLC.
Other key players (not profiled in report) in the nanocoatings industry value chain are Tesla Nanocoatings Inc., Inframat Corporation, Nanovere Technologies LLC, P2i Ltd., ACTnano, Nanofilm Ltd., and Integran Technologies Inc.
- This report provides an extensive analysis of the current nanocoatings market trends, future estimations, and dynamics from 2014 to 2022 of the global market, which assist to identify the prevailing opportunities.
- Extensive market analysis predicts the applications that are currently used and the variants that are expected to gain prominence in the future.
- Detailed nanocoatings market share analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
- Key players are profiled and their strategies are analyzed thoroughly, which portray the competitive outlook in nanocoatings market.
Nanocoatings Market Key Segments:
- Easy-To-Clean & Anti-Fouling
- Self-Cleaning (Bionic & Photocatalytic)
- Anti-Icing & Deicing
- UV Resistant
- Abrasion & Wear Resistant
- Others (Self-Healing, Antireflective, and Thermal Barrier/Flame Retardants)
- Food & Packaging
- Marine Industry
- Military & Defense
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Rest of LAMEA