Nanocoatings Market is expected to expand to US$20.8 billion by 2027

 Introduction:

Nanocoatings are a network of nano molecules that are used to seal material at the atomic level using techniques like atomic layer deposition (ALD). Because of their small size (less than 100nm), these coatings are also known as smart coatings. Nanocoatings are utilized to achieve great durability, superior opacity, and superior surface-to-coating bonding.


Market forecast: 

Despite the COVID-19 dilemma, the global market for Nanocoatings, which was anticipated to be worth US$5.7 billion in 2020, is expected to expand to US$20.8 billion by 2027, with a CAGR of 20.3 percent throughout the analysis period.

Nanocoatings Market:

In 2020, the global nanocoatings market was expected to be worth $5.6 billion. Nanocoating refers to the application of very tiny, thin coatings of polymeric chemical compounds to a substrate surface in order to impart certain chemical and physical properties. Corrosion resistance, abrasion resistance, hardness, lubricity, transparency, and ductility are all factors to consider. Nanocoatings are mostly used to change a surface's hydrophobic and/or oleophobic qualities by applying a protective coating on a scale of several microns. A nanocoating can be made with extreme accuracy using an atomic building block technique, in which atoms are deposited in a precise pattern to create a layer that conforms consistently to every specific characteristic of the surface. The global demand for nano coatings is currently expanding strongly in industries such as construction, food, healthcare, automotive, electronics, and others, owing to their superior physical and chemical qualities. The global nanocoatings industry is expected to increase rapidly during the next five years.

Global Nanocoatings Market Drivers:

  • Nanocoatings are common in products that are impacted by temperature variations and extreme climatic circumstances, such as aircrafts, ceramic tiles, glass windows, vehicles, and so on, since they provide resistance to temperature swings.
  • Nanocoatings produce a transparent, colorless barrier that is imperceptible to the human eye. This protects a product's inherent shine and transparency while maintaining its attractive appeal. Furthermore, nano-coated objects do not easily collect dirt; nonetheless, when foreign components such as dust stick to the surface, they are easily removed.
  • Nanocoatings are capable of providing UV protection as well as abrasion resistance. This extends the product's life and makes it appropriate for use in the automotive industry to protect paint surfaces.
  • Nanocoatings also provide corrosion resistance, extending the life and durability of the metals on which they are used. Nanocoatings are widely used on aircraft parts, for example, because they are prone to corrosion.
  • Nanocoatings are more sanitary and anti-adhesive than traditional coatings. They stop germs and microorganisms from growing. Nano-coated automobiles do not require waxing to keep their lustre. Furthermore, they are eco-friendly, non-toxic, and breathable, allowing them to be used on a range of objects while inhibiting damp and mildew.

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