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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Market Scope:

One of the report’s central components is the broad Nanocoatings market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Nanocoatings market players.

Additionally, the COVID-19 pandemic is likely to boost the market demand for nanocoatings. The Department of Science and Technology (DST), India, has given its approval to apply antiviral nanocoatings masks meant to be used to prevent the spread of coronavirus. The approval has been provided for N-95 and Triple Layer Medical masks, under the Mission on Nano Science and Technology.

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.

North America dominated the nanocoatings market in 2019 and is expected to grow at a rate of 17.7% in the forecast period. The market dominance of the North American Market is owing to the growth of the healthcare industry, advancement in technology, and the presence of market players in the region.

Key participants include 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.

TOC of the global Nanocoatings market report:

Chapter 1, describes the Nanocoatings Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.

Chapter 2, analyzes the key manufacturers of Nanocoatings , along with the sales, revenue, and price of Nanocoatings , in the forecast period.

Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.

Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Nanocoatings , for each region, from 2020 to 2027.

Chapters 5, 6, 7, 8 and 9, analyze the Nanocoatings market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued

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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

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)

• Healthcare
• Automotive
• Building & Construction
• Electronics
• Marine
• Energy
• Water Treatment
• Packaging
• Others

Key Points of Nanocoatings Market:

Extensive coverage of the analysis of the Nanocoatings market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Nanocoatings market

Complete data about the key manufacturers and vendors in the Nanocoatings market

Read More: https://www.emergenresearch.com/industry-report/nanocoatings-market

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