Nanocoatings Market To Reach USD 25.36 Billion By 2027
Market Summary The growth of the automotive industry is one of the significant factors influencing the market growth. Market Size – USD 6.10 billion in 2019, Market Growth - CAGR of 18.4%, Market Trends – Escalating demand from the healthcare sector. The global nanocoatings market is expected to reach USD 25.36 Billion by 2027, according to a new report by Reports and Data. The growth of the automotive industry is a significant factor in driving the growth of the nanocoatings market. Nanocoatings, when applied to automotive paintwork, offers a glossy finish and durable resistance to water, contaminants, and UV rays. Nanocoatings are thicker and hence can provide superior protection against etching and micro-marring. Further key findings from the report suggest : • By product, antimicrobial held the largest markets share in 2019 and is expected to grow at a rate of 18.0% in the forecast period. Antibacterial applications of nanocoatings are garnering importance to avert the disastrous impacts of antibiotic resistance. Nanocoatings may be used as diagnostics, preventives, drug carriers, and synergetic in the antimicrobial therapies. • By distribution channel, the online distribution channel is projected to grow at a faster rate of 19.3% in the period 2020-2027, as this mode of distribution has the advantage of providing a broader exposure to the product produced by the manufacturers, especially with the proliferation of smart devices and internet connectivity. www.reportsanddata.com
Key Players: Eikos Inc., Buhler PARTEC GmbH, Integran Technologies Inc., Bio-Gate AG, Nanofilm Ltd., Nanoveer Technologies LLC, Cima Nanotech Inc., P2i, Inframat Corporation, Nanophase Technologies Corporation, and Nanogate AG, among others. Segmentation: • Product Type Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027) Antimicrobial Anti-Fouling & Easy-to-Clean Self-Cleaning Anti-Fingerprints Others • Industry Vertical Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027) Healthcare Automotive Building & Construction Electronics Marine Energy Others
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Regional Nanocoatings Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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