Nanocoatings Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Nanocoating Market Size and Forecasts (2021 - 2031), Global and Regional Growth Opportunity Analysis, and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00003342
  • Category : Chemicals and Materials
  • No. of Pages : 150

Nanocoating Market Updates by 2031

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MARKET ANALYSIS

Nanocoatings are thin film of chemicals or materials which are applied to surface to improve the materials functionalities. Nanocoatings helps to improve various functionalities such as water and ice protection, corrosion protection, antifouling and antibacterial properties, friction reduction, heat and radiation resistance, self-cleaning, and thermal management. The coating offers significant benefits in various end use industries including medical, marine, aerospace, and oil industries, which has driven manufacturers to incorporate multi-functional coating in their products.

GROWTH DRIVERS AND CHALLENGES

The growing demand from construction industry to protect the infrastructure from corrosion, acid rain, UV radiation, pollutants, and moisture is expected to propel the market growth during the forecast period. Increasing construction activities in developing and developed economies has surged the demand for nanocoatings to buildings and exteriors to protect the substate from moisture, corrosion, and UV radiation. In addition, growing automotive industry is further expected to drive the nanocoating market growth. However, high cost associated with raw materials may hamper the growth of nanocoatings market in coming years.

REPORT SEGMENTATION AND SCOPE

The "Global Nanocoatings Market Analysis to 2031" is a specialized and in-depth study with a major focus on the global nanocoatings market trends and growth opportunities. The report aims to provide an overview of the global nanocoatings market with detailed market segmentation by type, application, and geography. The global nanocoatings market has been witnessing high growth over the recent past and is expected to continue this trend during the forecast period. The report provides key statistics on the consumption of nanocoatings worldwide along with their demand in major regions and countries. In addition, the report provides the qualitative assessment of various factors affecting the nanocoatings market performance in major regions and countries. The report also includes a comprehensive analysis of the leading players in the nanocoatings market and their key strategic developments. Several analyses on the market dynamics are also included to help identify the key driving factors, market trends, and lucrative nanocoatings market opportunities that would, in turn, aid in identifying the major revenue pockets.

Further, ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global nanocoatings market, which helps understand the entire supply chain and various factors affecting the market growth.

SEGMENTAL ANALYSIS

The global nanocoatings market is segmented on the basis of type, and application. Based on type, the nanocoatings market is segmented as, anti-fingerprint, antimicrobial, antifouling, self-cleaning, and others. The nanocoatings market is categorized on the basis of application into, healthcare, construction, electronics, food packaging, automotive, and others.

Based on type, the self-cleaning type accounted for a significant nanocoatings market share which can be attributed to its properties to repel the contaminants such as dust, foreign object, and other materials. The reduced cost and maintenance of self-cleaning has further attributed its market growth. Based on application, construction accounted for a major nanocoatings market share owing to rising infrastructure development, growing industrialisation and urbanization. Risings government initiatives and investment in construction and infrastructure development has further propelled the market growth. 

REGIONAL ANALYSIS

The report provides a detailed overview of the global nanocoatings market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. North America is estimated to account for a significant nanocoatings market share globally. The growth in North America is attributed to growing construction and renovation activities. Infrastructure development coupled with increasing government investment and support. For instance, according to the USAFacts, ~41% of federal transportation and infrastructure spending was on highway transportation, and 19% was for rail and mass transit in 2021. The states and local governments spent US$ 191.1 billion on transportation and infrastructure projects in 2021. Further, the growing aerospace and electronics industry has surged the demand for nanocoatings. Europe is also expected to witness considerable growth with well established automotive industry. Countries like Germany, Spain, France, and Italy are major automotive producers. The increasing demand for luxury cars and passenger cars has further surged the growth. Asia Pacific is also expected to be an attractive market for nanocoatings during the forecast period, owing to increasing industrial development and construction activities in emerging economies. Rising foreign direct investment (FDI) in various industrial sector is further propelling the market growth.

INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES

Partnership, acquisitions and new product launches were found to be the major strategies adopted by the players operating in the global nanocoatings market.

In June 2021, Onyx Coating announced the launch of the first N1 nano coating products globally. The launch was aimed to expand its product portfolio, and cater the growing demand from end use industry.

In October 2021, Actnano Inc, a nanocoatings startup has raised USD 12 million to expand its geographical reach in Asia Pacific and Europe to meet growing customer demand.

IMPACT OF COVID

The covid-19 pandemic led to a decline in the progress of many industries across the globe. Shutdown of manufacturing plants and restricted trade across the globe led to supply chain constraints for the manufacturers across the globe. Industries such as automotive, aerospace, construction, marine, and energy have been the major contributors to the demand for nanocatings coatings. In 2021, these industries had to slow down their operations due to disruptions in value chain caused by the shutdown of national and international boundaries. The pandemic wreaked havoc on the historically stable coating industry. The shortage of manpower resulted in the deceleration of nanocoatings production and distribution operations. In 2021, the global marketplace began recovering from the losses incurred in 2021 as governments of different countries announced relaxation in social restrictions. Manufacturers were permitted to operate at full capacities, which helped them overcome the demand–supply gap.

COMPETITIVE LANDSCAPE AND KEY COMPANIES

Some of the key players operating in the nanocoatings market include, Bio-Gate AG., Bühler, Nanogate, P2i Ltd., albertrechtebacher GmbH, Surfix, Surfactis Technologies, NANO4LIFE EUROPE L.P., NASIOL NANO COATINGS, Baltic Nano Technologies, Cleancorp, Nonovere Technologies Inc, ACTnano, Nanofilm Ltd, EKIOS Inc, CIMA Nanotech, and Admat Innovation, among others.

REGIONAL FRAMEWORK

Nanocoating Market Report Analysis

Nanocoating Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Admat Innovations
  • Bio Gate Ag
  • Buhler Ag
  • Cima Nanotech
  • Duraseal Coatings Company Llc
  • Eikos Inc
  • Nanogate Se
  • Nanomech
  • Nanophase Technologies Corporation

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Nanocoating Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Admat Innovations
  • Bio Gate Ag
  • Buhler Ag
  • Cima Nanotech
  • Duraseal Coatings Company Llc
  • Eikos Inc
  • Nanogate Se
  • Nanomech
  • Nanophase Technologies Corporation
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

  • Admat Innovations
  • Bio-Gate Ag
  • Buhler Ag
  • Cima Nanotech
  • Duraseal Coatings Company Llc
  • Eikos, Inc.
  • Nanogate Se
  • Nanomech
  • Nanophase Technologies Corporation
  • Surfix Bv
  • Buhler Partec Gmbh
  • Inframat Corporation
  • P2i Ltd.
  • Nanofilm Ltd.
  • Actnano, Inc.
  • Albert Rechtenbacher Gmbh
  • Cg2 Nanocoatings Inc.
  • Green Earth Nano Science, Inc.
  • Integran Technologies Inc.
  • Surfactis Technologies Sas

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