The global market for nano coatings is expected to reach $13.094 billion in 2020, with an annual CAGR of 21% in 2016 and 2022, according to a new report by Allied Market research.
Nano-coatings are used as substrates, and these coatings provide weatherability to protect the surface of the coating. High-tech nano-coating is not only non-toxic harmless, but also can slowly release a substance, degradation of indoor formaldehyde, xylene and other harmful substances.
From the type of view, nano-coating functions are different: anti-fingerprint, anti-bacterial, easy to clean and anti-fouling, self-cleaning (biomimetic and photocatalysis), Ice deicing, anti-corrosion, conductive, UV resistance, wear resistance, chemical erosion and so on.
From the application point of view, nano-coatings cover electronics, energy, food and packaging, construction, marine industry, military defense, automotive, Aerospace, health care and other fields. The automobile industry has maintained the highest growth rate, but the Asia-Pacific market to the car demand, also gives the nanometer coating very good market environment. The marine industry is the biggest potential development market-the scaling of microbial growth can burn 40% of excess fuel, which can cost as much as £ 5 million a year.
Geographically, Brazil, Argentina and other Latin American countries occupy the highest market share (51%). Latin America has abundant raw materials, convenient transportation of the harbor, and the investment in the automobile and aerospace industry.
Strengthening technology research and development is the key strength of the global nano-coatings market, now enterprises have developed ultra-thin nano-protective coatings, environmental protection and non-toxic, and has excellent anti-ultraviolet, durability and other properties. The United States is also developing the fourth generation of nano-technology coatings, it is understood that these nano-technology coatings may become military stealth paint, to help fighters achieve a startling reversal. In addition, the cost of nano-coatings is lower than the general 20%-30%, for the development of furniture home appliances industry also has a great help.
The main participants in the nano-coatings market include BuhleragateagateagEchnologiogioEag AdmatinnovationsNanomechincOtech and Duraseal Coatings Company LLC.
Other key players in the value chain of the nano coating industry (not in the report) are Tesla Nanocoatings Inc., Inframat Corporation, Nanovere Technologies LLC, P2i, AC Tnano, Nanofilm and Integran Technologies Inc.