Nano Coating Market, By Type (Anti-Fingerprint Nanocoatings, Anti-Microbial Nanocoatings, Easy-To-Clean & Anti-Fouling Nanocoatings, Self-Cleaning (Bionic & Photocatalytic) Nanocoatings, Other), By Coating Method (Chemical Vapor Deposition (CVD), Physical Vapor Deposition (PVD), Atomic Layer Deposition (ALD), Layer-By-Layer Self-Assembly (LBL), Electrospray And Electrospinning, Chemical And Electrochemical Deposition, Others), By End-Use Industry (Medical & Healthcare, Food & Packaging, Marine Industry, Electrical & Electronics, Building & Construction, Automotive, Aerospace, Military & Defence, Renewable Energy, Others), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America)–Market Size & Forecasting To 2028

The Global Nanocoating Market is expected to attain USD XX million by 2028 at a CAGR of XX%, from USD XX million in 2019. The key factor that is propelling the growth of the market is the increasing demand for advanced nano-coating materials in the medical as well as the automotive industry. Rising nanotechnology research and development activities are further anticipated to drive the growth of the nanocoating market.

Nanocoatings are coatings produced with the help of nanotechnology that exhibit excellent characteristics, including better abrasion resistance, hardness, ductility, transparency, and lubricity compared to other traditional coatings. The shift in demand towards nanocoatings from polymer coatings, mainly due to the superior properties and low VOC emissions associated with nanocoatings, is considered to be a significant driving force for the nanocoatings industry. Further, growing awareness about anti-microbial coatings and self-cleaning forms of coatings in mechanical as well as aerospace applications is expected to increase consumer demand in the coming years.

In the European Union, REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) legislation consists of regulations on toxic VOC emissions from paints and coatings. Such regulations are anticipated to drive the market demand for nanocoatings. The sector, however, requires high investment, and the market has low yield. All these factors may prove to be major restraints for the nanocoating market in the forecast period.

Nanocoatings are commonly used to safeguard the surface against harsh conditions, including UV rays, acid rain, corrosion, and humidity. The growing use of nano-coatings, mostly in the automotive industry, to offer long-term surface protection, is anticipated to have a significant effect on product demand.

Original equipment manufacturers throughout the automotive industry emphasize on such coatings to provide additional protection to the automotive surface. The notable advantage of such coatings is the thickness as well as the durability of the layer that is applied. Due to their lower thickness, nanocoatings are lightweight, and thus, they do not impact the automotive aerodynamics.

FIGURE 1: NANOCOATING MARKET

FIGURE 1: NANOCOATING MARKET

 

Technological advancements and increasing investment in R&D activities for the production of nanocoatings at lower costs are poised to drive the market growth. Nanocoatings have been used in aircraft, building sites, vehicles, ships, and equipment. Increasing R&D activities in this area have led to the formulation of heat and radiation resistant, self-cleaning, and reduced friction nano coatings with water repellant properties. Development of such advanced products is expected to have a favorable impact on the global nanocoating market

However, the outbreak of COVID-19 pandemic has had a disastrous impact on aerospace and automotive industries. The most detrimental and immediate effects of the pandemic have been faced by the global aerospace industry. Owing to the lockouts across domestic and international borders, the airline industry has suffered the worst effects, which has resulted in decreased passenger traffic and a decline in the market for new aircraft.

By impacting the global supply chains, the pandemic has created ripples throughout the global aerospace industry. These conditions have impacted the largest commercial and passenger aircraft manufacturers in the world and their supply chains. Moreover, due to the COVID-19 outbreak in North America, more than 80 percent of vehicle production was kept on hold. A similar condition is being witnessed in Europe and APAC. This is expected to limit the demand for nanocoating significantly.

The nanocoating market is segmented on the basis of type, coating method, and end-use industry. 

FIGURE 2: NANOCOATING MARKET SEGMENTATION 

FIGURE 2: NANOCOATING MARKET SEGMENTATION

The Global Nanocoating Market, By Type

Based on type, the market is divided into anti-fingerprint nanocoatings, anti-microbial nanocoatings, easy-to-clean & anti-fouling nanocoatings, self-cleaning (bionic & photocatalytic) nanocoatings, and other. The anti-microbial nanocoating segment was estimated to dominate the market with a significant market share in 2019.

Anti-microbial nanocoatings have found application in packaging, food processing, medical & healthcare, and water treatment. They provide protection against microorganisms. Due to the rising demand from medical and healthcare industries, the anti-microbial nanocoating segment is expected to expand over the forecast timeframe.

Anti-fouling & easy-to-clean coatings are anticipated to develop in the nanocoatings market with their growing usage in electronics, marine, automotive, and food production applications. These nanocoatings prevent the growth of fungi and algae as well.

Due to the widespread use in medical and healthcare applications and electronics industry, the anti-fingerprint coating segment is projected to emerge as the fastest growing product category. Bionic and photocatalytic nanocoatings are included in the self-cleaning segment and are expected to register significant growth. These nanocoating products offer the lotus leaf effect.

The Global Nanocoating Market, By Coating Method

Based on the coating method, the market has been divided into chemical vapour deposition (CVD), physical vapour deposition (PVD), atomic layer deposition (ALD), layer-by-layer self-assembly (LBL), electrospray and electrospinning, chemical and electrochemical deposition, and others.

Chemical vapour deposition (CVD) films have been used for different applications, such as in components of microelectronics, solar products, cutting tools, data storage, medical equipment, and a few other applications. The adoption of the technology for many end-uses is anticipated to be the main driving force for this segment.

However, the increasing need for highly advanced surface-related properties through improved mono-structured coatings, such as optical, catalytic, super magnetic, and electronic, has led to the market growth of the physical vapour deposition (PVD) segment.

FIGURE 3: NANOCOATING MARKET (USD MILLION), BY END-USE INDUSTRY 

FIGURE 3: NANOCOATING MARKET (USD MILLION), BY END-USE INDUSTRY

 

 The Global Nanocoating Market, By End-use Industry

Based on the end-use industry, the market is divided into medical & healthcare, food & packaging, marine industry, electrical & electronics, building & construction, automotive, aerospace, military & defence, renewable energy, and others. Among these, the medical & healthcare segment is expected to dominate and hold significant market share during the forecast period due to the increasing use of anti-fingerprint and anti-microbial coatings in medical implants and devices.

The excessive use of nanocoatings in electrical and electronics is expected to fuel more consumer demand for nanocoatings. The growing demand for nanocoatings can be attributed to their properties such as UV and scratch resistance, resistance to chemicals, anti-corrosion, low maintenance, and colour retention. The demand for nanocoatings for use in colour and gloss retention is projected to create a positive outlook for the automotive segment.

In addition, the building & construction segment is likely to witness growth due to higher government spending across the globe on construction and infrastructure, leading to increased use of nanocoatings in building and construction to limit algae, mildew, and microbial growth.

The Global Nanocoating Market, By Region

Region-wise, the global nanocoating market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America was predicted to hold a significant position in the global nanocoating market in 2019. The major factor that is driving the market in the region is the increasing demand for these coatings in medical & healthcare applications.

The North American region accounted for more than 40 percent of the global consumer demand for nanocoatings. Advancements in the technology are expected to increase market sales further, resulting in specialized health facilities in the U.S. Growing automotive demand in the area is also expected to push the market for nanocoatings further.

In Europe, strict regulations on VOC emissions for the paints & coatings industry and increased raw material costs of traditional coatings have resulted in an increase in the adoption of nanocoatings. The Asia Pacific market will also witness good growth in the coming days. As a result of low-cost labor and technological advances, growth in major industries such as automotive, electronics, and healthcare industries in Asia Pacific, is expected to drive market demand for nanocoatings in the region.

Competitive Landscape

The competitive scenario highlights the performance of the major companies operating in the nanocoating market. This includes the detailed profiling of major companies and their competitive benchmarking. Product profiling provides key information including products/solutions offered, key developments, company performances, and strategies adopted in recent years.

The major companies profiled in the market include Bio-Gate AG, Buhler PARTEC GmbH, Cima NanoTech Inc, Eikos Inc., Inframat Corporation, Integran Technologies Inc., Nanofilm Ltd., Nanogate AG, Nanophase Technologies Corporation, Nanovere Technologies LLC, and P2i Ltd., among others.

Additionally, the competitive landscape provides a detailed description of each company including future capacities, financial overview, key mergers & acquisitions, partnerships, collaborations, new product developments, new product launches, and other latest industrial developments.

What Does this Report Provide?

This report provides a detailed understanding of the nanocoating demand from a qualitative and quantitative perspective with a forecast for the next 10 years. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the nanocoating market. The major market drivers, challenges, and opportunities for the nanocoating market have also been covered in the report. This report further includes the market share of the leading companies operating in the nanocoating market, along with their production capacities and the growth strategies adopted by them.

 Market Segmentation:

By Type:

  • Anti-Fingerprint Nanocoatings
  • Anti-Microbial Nanocoatings
  • Easy-To-Clean & Anti-Fouling Nanocoatings
  • Self-Cleaning (Bionic & Photocatalytic) Nanocoatings
  • Other

By Coating Method:

  • Chemical Vapour Deposition (CVD)
  • Physical Vapour Deposition (PVD)
  • Atomic Layer Deposition (ALD)
  • Layer-By-Layer Self-Assembly (LBL)
  • Electrospray And Electrospinning
  • Chemical And Electrochemical Deposition
  • Others

By End-Use Industry:

  • Medical & Healthcare
  • Food & Packaging
  • Marine Industry
  • Electrical & Electronics
  • Building & Construction
  • Automotive
  • Aerospace
  • Military & Defence
  • Renewable Energy
  • Others

By Region:

North America Nanocoating Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Type 
  • North America, by Coating Method 
  • North America, by End-Use Industry

Europe Nanocoating Market

  • Europe, by Country
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Europe, by Type 
  • Europe, by Coating Method
  • Europe, by End-Use Industry 

Asia Pacific Nanocoating Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Asia Pacific, by Type 
  • Asia Pacific, by Coating Method 
  • Asia Pacific, by End-Use Industry

Middle East & Africa Nanocoating Market

  • Middle East & Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Type 
  • Middle East & Africa, by Coating Method 
  • Middle East & Africa, by End-Use Industry

South America Nanocoating Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • South America, by Type 
  • South America, by Coating Method
  • South America, by End-Use Industry 

Major Companies: In this report, the following major companies are studied: Bio-Gate AG, Buhler PARTEC GmbH, Cima NanoTech Inc, Eikos Inc., Inframat Corporation, Integran Technologies Inc., Nanofilm Ltd., Nanogate AG, Nanophase Technologies Corporation, Nanovere Technologies LLC, and P2i Ltd., among others.

Objectives of This Report:

  • To estimate the market size for the nanocoating market on a regional and global basis.
  • To identify major segments in the nanocoating market and evaluate their market shares and demand.
  • To provide a competitive scenario for the nanocoating market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of the nanocoating market with their potential gravity during the forecast period.
  • To evaluate the leading company-wise pricing analysis for the mentioned applications.

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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