|
(MoneyNewsWire.Net, July 02, 2019 ) As per the latest report by IMARC Group, titled “Global Nanocoatings Market Research Report and Forecast 2019-2024”, the global nanocoatings market size reached US$ 5.2 Billion in 2018. A nanocoating refers to a thin film that acts as a barrier between a substrate material and the environment for improving its aesthetics as well as functionality. The process of nanocoating is performed via a precise procedure wherein atoms are employed for creating a layer that uniformly covers every feature on the surface. It is generally applied on materials like glass, metals, plastics, textiles and ceramics for altering their hydrophobic and oleophobic properties. As it offers numerous advantages including scratch, chemical and abrasion resistance, its demand is increasing around the world.
Get a PDF Sample for more detailed market: https://www.imarcgroup.com/nanocoatings-market/requestsample
Market Trends:
Nanocoatings provide clear and colorless protection, are anti-adhesive in nature and relatively more hygienic as compared to conventional coatings. Moreover, they do not accumulate dust and assist in averting the growth of bacteria and microorganisms. As a result, they are widely used in various end use industries ranging from manufacturing to medical and healthcare. Additionally, as they offer resistance against temperature fluctuations, they are extensively used in products like automobiles, aircraft, ceramic tiles and glass windows which are impacted by temperature alterations as well as harsh climatic conditions. Apart from protecting against ultraviolet (UV) rays, nanocoatings are corrosion resistant which aids in increasing the lifespan and durability of metals products. This has resulted in the increasing demand for nanocoatings in the automobile industry for safeguarding paint surfaces. Looking forward, the market value is projected to reach US$ 14.5 Billion by 2024, expanding at a CAGR of around 18.6% during 2019-2024.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/nanocoatings-market
Insights on Market Segmentation:
Market Breakup by Product Type
1. Anti-Microbial
2. Anti-Fingerprint
3. Anti-Fouling
4. Easy to Clean
5. Self-Cleaning
Based on the product type, the market has been segregated into anti-microbial, anti-fingerprint, anti-fouling, easy to clean and self-cleaning coatings. At present, anti-microbial nanocoatings dominate the market, holding the largest share.
Market Breakup by End-User
1. Construction
2. Food Packaging
3. Healthcare
4. Electronics
5. Automotive
6. Marine
7. Others
On the basis of the end user, the market has been classified into construction, food packaging, healthcare, electronics, automotive, marine, and others. Amongst these, the construction sector accounts for the majority of the total market share.
Market Breakup by Region
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Latin America
Region-wise, the market has been divided into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Currently, North America is the leading market, holding the majority of the global share.
Competitive Landscape
The competitive landscape of the market has been examined with some of the key players being BASF, Bio-Gate, Buhler, Nanogate, PPG Industries, AdMat Innovations, Cima NanoTech, CG2 NanoCoatings, Cleancorp, Ecological Coatings, Eikos, Inframat, Integran Technologies, Nanofilm, Nanomech, Nanovere Technologies, Nanophase Technologies, P2i, Surfix and Tesla NanoCoatings.
Browse similar reports by IMARC Group:
Global Bleaching Agents Market Research Report and Forecast: https://www.imarcgroup.com/bleaching-agents-market
Global Water Soluble Film Market Research Report and Forecast: https://www.imarcgroup.com/water-soluble-film-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Services Pvt. Ltd.
Richard Lewis
6317911145
sales@imarcgroup.com
Source: EmailWire.Com 
|
