the global nanocoatings market is expected to reach $22.96 billion by 2027, according to a new report from Emergen Research. Nanocoatings market is growing rapidly owing to its increasing demand in end-user industries such as healthcare, automotive, building & construction, electronics, marine, energy, water treatment, etc. water and packaging.
Rising demand for nanocoating in the healthcare sector is expected to drive the market growth over the forecast period. Antimicrobial nanocoatings are essential for indwelling catheters at high risk of microbial infection. Additionally, these are deployed in surgical instruments, bone replacement materials, and prosthetics. In addition, oral yeast and bacteria biofilms can lead to several localized conditions in the oral cavity, such as dental caries, oral thrush, periodontal disease, root and pulp disease of teeth, and tooth infections. dental implant appliances.
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Additionally, the COVID-19 pandemic is likely to drive the market demand for nanocoatings. The Department of Science and Technology (DST), India, has given approval to apply antiviral nanocoating masks to be used to prevent the spread of coronavirus. Approval was provided for N-95 and triple-layer medical masks, under the Nanoscience and Technology Mission.
Main highlights of the report
By product, antimicrobials held the largest nanocoatings market share in 2019 and is expected to grow at a rate of 18.0% over the forecast period. Antibacterial applications of nanocoatings are gaining importance to avoid the disastrous effects of antibiotic resistance. Nanocoatings can be used as diagnostics, preventatives, drug carriers and synergists in antimicrobial therapies.
By distribution channel, the online distribution channel is expected to grow at a faster rate of 20.9% over the period 2020-2027, as this mode of distribution has the advantage of offering wider exposure to the product manufactured by manufacturers, especially with the proliferation of smart devices and internet connectivity.
By industry vertical, the building and construction sector is expected to grow at a rate of 18.5% over the period 2020-2027. Nanocoatings are the coatings in thin layers of the nanometer range that are implemented to protect the surface of many building materials, such as glass, concrete, marble, steel and sand-limestone, among others. . These coatings help protect against friction reduction, heat resistance, corrosion and environmental influences including algae, moss, water and oil stains.
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The report further splits the Nanoscale Coatings market into key segments such as types, applications, end-user industries, technologies, and key market regions. The report also throws light on the segment and region exhibiting promising growth in the Nanoscale Coatings market.
Emergen Research has segmented the global nanocoatings market on the basis of product type, distribution channel, industry vertical, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
Anti-clogging and self-cleaning easy to
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Industry Vertical Insights
Building and construction
The report also studies the key Nanocoatings market companies along with analysis of their business strategies, mergers and acquisitions activities, investment plans, product portfolio, financial status, gross profit margin, and abilities. of production and manufacturing.
The main market players are 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.
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This section of the report offers valuable insights into the geographical segmentation of the Nanocoatings Market, along with the estimation of current and future market valuations based on demand. the dynamics of the offer and the tariff structure of the main regional segments. Moreover, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report categorizes the global nanoscale coatings market into various regions including:
North America (USA, Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
Key questions answered by the report:
which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements in the market?
What are the key strategies adopted by the leading players in the Nanocoating market?
What are the main product types and applications in the nanocoatings industry?
What is the result of the SWOT analysis and Porter’s five forces analysis?
How is the Competitive Landscape of the Nanocoating Market?
Who are the key industry players?
What is the growth rate of the industry in the coming years?
What will be the valuation of the Nanocoatings market by 2027?
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