A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Nanostructured
Coatings
Market. The
study, titled “Nanostructured
Coatings Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Nanostructured
coatings are nanotechnology-based coatings formed through the usage
of nanocomposites and structured materials. These structured
materials build a consistent network of molecules on the surface to
be coated. Nanostructured coatings possess various characteristics
such as high lubricity, ductility, abrasion resistance, hardness, and
transparency. These coatings also possess low density, elastic
modulus, and low thermal conductivity. Nanostructured coatings are
widely used in various industries such as building &
construction, automotive, aerospace & aviation, oil & gas,
medical, textile, consumer electronics, and marine. These coatings
are used for hydraulic fracturing and as corrosion and scaling
chemical inhibitors in the oil & gas industry due to their
self-healing property. Nanostructured coatings are also employed used
as functional coatings for the prevention of ice accretion in
aircraft parts. These coatings are also used as anti-fouling
protective coatings for offshore marine structures. Nanostructured
coatings are employed as sustainable coatings.
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They
provide high UV protection and enhance durability while maintaining
breathability in textiles and apparel. These coatings are used as
waterproofing materials in consumer electronics. Furthermore,
nanostructured coatings are employed to control infection in the
medical industry. These coatings are also used as high hardness
coatings in medical implants. Nanostructured coatings are used in
antireflection glazing, passive cooling surface, and thermochromic
smart windows in the building & construction industry.
Based
on form, the nanostructured coatings market can be segmented into
anti-microbial, anti-fingerprint, anti-fouling, easy to clean, and
self-cleaning nanostructured coatings. The anti-fingerprint segment
is expected to expand significantly during the forecast period. This
is ascribed primarily to its extensive usage in electronic gadgets
and automotive applications. Furthermore, demand for anti-microbial
nanostructured coatings is anticipated to rise moderately in medical
and building & construction industries owing to the
differentiating properties of these coatings, which are being
extensively used in patient care facilities. Market share of easy to
clean and self-cleaning nanostructured coatings segments is projected
to increase during the forecast period due to the rise in usage of
these coatings in marine, electronics, and automotive applications.
Nanotechnology
plays an important role in developing innovative nanostructured
coatings. Rise in requirement of protective coatings and increase in
awareness about reduction of solvent content are some of the primary
factors driving the nanostructured coatings market. New
functionalities, transparency, and high-quality performance play a
vital role in the coatings industry. Nanostructured coatings meet
these requirements and offer various benefits such as high protection
against UV, fire, heat, ice, pollutants, bacteria, and corrosion.
Increase in prices of raw materials and high production costs are
some of the factors hampering market growth. Additionally,
optimization of properties by maintaining tolerance, interfacial
adhesion, and other non-mechanical properties are the key challenges
for manufacturers. However, technological advancement in
nanotechnology further enhances the growth opportunities for
nanostructured coatings in various applications. For example, in
2016, Aquashield Technologies, a nanotechnology firm, developed a
nanocoating product line of ultra-thin protective coatings, which
provide protection against pollution and UV radiation.
Geographically,
the global market for nanostructured coatings can be segregated into
Europe, Asia Pacific, North America, Latin America, and Middle East &
Africa. Asia Pacific, Europe, and North America are expected to
dominate the nanostructured coatings market during the forecast
period due to the increase in requirement of these coatings in health
care and building & construction applications. Increase in demand
for nanostructured coatings in the automotive sector in the U.S. is
also boosting market growth. Rise in concern for escalating crude oil
prices and implementation of stringent regulations over VOC emission
in the paints & coatings industry are compelling countries in
Europe to adopt nanostructured coatings. This is further augmenting
the nanostructured coatings market. Growth in various end-use
industries in Asia Pacific is also projected to open up new avenues
for the nanostructured coatings market. Furthermore, strong
government support for nanotechnology in China, India, and Japan
coupled with initiatives of a large number of multinational companies
toward development of products and processes based on nanoparticles
are augmenting the demand for nanostructured coatings in Asia
Pacific.
Major
players operating in the nanostructured coatings market are
Aquashield Technologies, Advanced Nanotechnology Lab, Forge Nano,
Nano Activated Coatings, Inc. Nanofilm Ltd, and Nanophase
Technologies Corporation.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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