Nanocoatings Market Size Worth USD 22.96 Billion by 2027
Escalating demand for nanocoatings from the healthcare sector is one of the significant factors influencing the market growth.
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Market Summary
The global nanocoatings market is expected to reach USD 22.96 Billion by 2027, according to a new report by Emergen Research. The nanocoatings market is experiencing rapid growth attributed to its increasing demand in end-user industries such as healthcare, automotive, building & construction, electronics, marine, energy, water treatment, and packaging.
The surging demand for nanocoatings in the healthcare sector is projected to drive the growth of the market in the forecast period. Antimicrobial nanocoatings are essential for indwelling catheters possessing a high risk of microbial infection. Moreover, these are deployed in surgical instruments, bone replacement materials, and prosthetic devices. Also, biofilms of yeasts and oral bacteria may result in several localized ailments in the oral cavity, such as dental caries, oral thrush, periodontal disease, tooth root & pulp disease, and dental implant dental braces infections.
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Some Key Highlights From the Report
• By product, antimicrobial held the largest nanocoatings 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 20.9% 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.
• By industry vertical, the building & construction sector is likely to grow at a rate of 18.5% in the period 2020-2027. Nanocoatings are the thin film coatings of the nanoscale range that are implemented to protect the surface of numerous construction materials, such as glass, concrete, marble, steel, and sand limestone, among others. These coatings assist in protecting them from friction reduction, heat resistance, corrosion, and environmental influences, including algae, moss, water, and oil stains.
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Market Summary
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)
Antimicrobial
Anti-Fouling & Easy-to-Clean
Self-Cleaning
Anti-Fingerprints
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Read More@ https://www.emergenresearch.com/industry-report/nanocoatings-market
Parameter
Market Size Estimation Period
Details
2029-2027
Base Year Considered 2029
Historical Data
Forecast Period
2016-2018
2020-2027
Quantitative Units Revenue in USD million & CAGR from 2021 to 2028
Segments Covered Types, Application, End-Users, Regions & more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization & expert consultation
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