Nanocoatings Market, Size, Share, Analysis, Trends and Forecast to 2020

Grand View Research has announced the addition of "Global Nanocoatings Market Market Analysis And Segment Forecasts To 2020" Market Research report to their Database
By: Grand View Research
 
SAN FRANCISCO - Oct. 9, 2014 - PRLog -- The global nanocoatings market revenue is expected to reach USD 8.17 billion by 2020, according to a new study by Grand View Research, Inc. Nanocoatings are being extensively used as a substitute to conventional polymer coatings in applications including automobile, building & construction and medical & healthcare. Nanocoatings demand is expected to increase due to superior properties and lesser VOC emissions as compared to other commercially used coatings in the market.

Medical & healthcare was the largest application market for nanocoatings, with demand estimated at 43.7 kilo tons in 2013 owing to increased use of anti-fingerprint and anti-microbial coatings for maintaining clean and hygienic environment in patient care facilities. The segment is also expected to be the fastest growing application, at an estimated CAGR of 22.7% from 2014 to 2020. Nanocoatings are used in automotive applications in order to retain color and gloss, with estimated demand of 39.8 kilo tons in 2013.

Browse All Reports of This Category @ http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Further key findings from the study suggest:

·         Global nanocoatings market volume was 309.5 kilo tons in 2013 and is expected to reach 1,262.9 kilo tons by 2020, growing at a CAGR of 22.3% from 2014 to 2020.

·         Anti-microbial nanocoatings were used widely in applications including medical & healthcare and building & construction to avoid infestation of disease spreading microbes. The segment demand was estimated at 90.9 kilo tons with revenue of USD 541.6 million in 2013 and is expected to grow at a CAGR of 22.9% from 2014 to 2020.

·         North America was the dominant regional nanocoatings market with an estimated demand of 128.7 kilo tons in 2013. Increased infrastructural spending in the current fiscal budget coupled with high demand for automobiles and advanced healthcare facilities in the region are expected to be major factors responsible for nanocoatings market development.

·         Product innovation plays a key role as the fragmented nature of market results in companies developing new products to gain competitive advantage. The nanocoatings market is expected to gradually move towards consolidation over the next six years, with raw material supply being a focal point which may trigger a trend of mergers, acquisitions and strategic alliances.

To request a sample copy or view summary of this report, click the link :
http://www.grandviewresearch.com/industry-analysis/nanocoatings-market


For the purpose of this study, Grand View Research has segmented the global nanocoatings market on the basis of product, application and region:

   • Nanocoatings Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
         • Anti-Fingerprint
         • Anti-Microbial
         • Anti-Fouling and Easy-To-Clean
         • Self-Cleaning (Bionic and Photocatalytic)
         • Others (Includes Specialty Coatings, etc.)
   • Nanocoatings Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
         • Medical & Healthcare
         • Food Manufacturing
         • Packaging
         • Buildings & Construction
         • Automotive
         • Energy
         • Others (Including textiles/leather, industrial engineering etc.)

Browse all Market Research Reports @ http://www.grandviewresearch.com

Contact
Sherry James
***@grandviewresearch.com
End
Source:Grand View Research
Email:***@grandviewresearch.com
Tags:Market Research, Nanocoatings
Industry:Reports
Location:San Francisco - California - United States
Subject:Products
Account Phone Number Verified     Disclaimer     Report Abuse
Market Research PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share