Market Research Future Published a Half-Cooked Research Report on Global Nano Coatings Market Research Report – Forecast to 2023
Market Analysis:
Global Nanocoatings Market is predicted to grow at a notable CAGR over the forecast period (2018-2023), as per the latest Market Research Future (MRFR) report. Nanocoating, simply put, is a nanoscale thin film which is applied to a surface to improve or create the functionalities of a material such as thermal management, radiation and heat resistance, self-cleaning, antibacterial and antifouling properties, friction reduction, ice and water protection, and corrosion protection. It has an extensive range of applications including military and defense, packaging, renewable energy, healthcare, building and construction, aerospace, marine industry, automotive, electrical and electronics, chemical, and others.
Various factors are propelling the Nanocoatings Market Growth. These factors, as stated by the MRFR report, include compatibility with various substrates, extensive use in different end use industries, growing demand from automotive and electronics industry, and wide application in the optic industry. Moreover, Nanocoatings offer a wide range of benefits such as protection from corrosion, marine life bacteria, heat, fire, UV rays, pollutants, and ice, which is boosting the market growth.
On the contrary, emission of VOCs while using Nanocoatings, volatility in the cost of raw materials, complex methods, high cost, intense competition between manufacturers, and strict government regulations are factors that may hinder the Nanocoatings Market growth over the forecast period.
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Key Players:
Leading players profiled in the Nanocoatings Market Report include Moller Medical GmbH & Co. KG (Germany), CYTONIX (US), NanoTech Coatings (US), Nanogate SE (Germany), Plasmatreat Gmbh (US), Inframat Corporation (US), NANOFILM. (US), Nanoslic Protective Ceramic Coatings (US), P2i Ltd. (UK), Nanovere Technologies, LLC. (US), and Nanowerk. (US), among others.
August 2019: Xiaomi has introduced its latest Mi Bunny Children Phone Watch. It comes equipped with 3C1.3-inch AMOLED display, Gorilla Glass, anti-fingerprint oleophobic coating support, AI learning capability, 780mAH battery, and support for IPX7 waterproof standard.
Market Segmentation:
The Market Research Future report provides a wide segmental analysis of the Nanocoatings Market based on Type, Coating Method, Raw Material, and End Use Industry.
Based on Raw Material, the Nanocoatings Market is segmented into combination chemistries, lanthanum strontium manganite (LSM), yttria-stabilized zirconia (YSZ), tungsten carbide (WC), silicon dioxide (SiO2), chromia (Cr2O3), titania (TiO2), and alumina (Al2O3), among others.
Based on Coating Method, the Nanocoatings Market is segmented into chemical and electrochemical deposition, electrospray and electrospinning, layer-by-layer self-assembly (LBL), atomic layer deposition (ALD), physical vapor deposition (PVD), and chemical vapor deposition (CVD).
Based on Type, the Nanocoatings Market is segmented into hydrophobic coatings, oleophobic coatings, thermal barrier & flame-retardant coatings, anti-reflection coatings, anti-graffiti coatings, anti-icing & deicing coatings, self-healing coatings (bionic & photocatalytic), easy to clean & anti-fouling coatings, anti-fingerprint coatings, anti-microbial coatings, and anti-corrosive coatings. Of these, the anti-microbial Nanocoatings segment will dominate the market over the forecast period. This is owing to the growing demand from the healthcare and medical sector.
Based on End Use Industry, the Nanocoatings Market is segmented into chemical, renewable energy, military and defense, marine industry, packaging, healthcare, electrical and electronics, aerospace, automotive, and building and construction. Of these, the automotive segment will lead the market over the forecast period due to the rise in the use of different forms of Nanocoatings.
Browse Key Industry Insights spread across 100 pages with 59 market data tables & 14 figures & charts from the report, “Nano Coatings Market Information: By Raw Material (Al2O3, TiO2), Coating Methods (CVD, PVD), Type (Anti-Corrosive, Antimicrobial, Anti-Fingerprint, Anti-Fouling, Anti-Graffiti, Oleophobic, Hydrophobic), End-Use Industry (Construction, Automotive, Electronics) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/nanocoatings-market-5992
Regional Analysis:
Based on the Region, the Nanocoatings Market report covers the latest trends and growth opportunities across Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Of these, the APAC region will lead the market over the forecast period. This is owing to the burgeoning demand for Nanocoatings from various end use industries including marine industry, military and defense, healthcare industry, packaging, electronics, automotive, and building and construction. Taiwan, South Korea, Japan, India, and China are the key contributors in this region.
The Nanocoatings Market in North America is predicted to have a healthy growth over the forecast period. This is owing to the growing demand for Nanocoatings from renewable energy, aerospace, healthcare, and building and construction industries.
The Nanocoatings Market in Europe is predicted to have favorable growth over the forecast period. This is owing to the burgeoning demand from renewable energy, microelectronics, and automotive industries.
The Nanocoatings Market in the Middle East and Africa is predicted to have a notable growth during the forecast period due to the developing chemical, marine, and building and construction industries.
The Nanocoatings Market in Latin America is predicted to have a steady growth over the forecast period.
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