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Nanocoatings Market Value To Cross $13,094 Million By 2022 | Top Companies and Industry Growth Insights
Nanocoatings Market
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Performance benefits and commercial activities and rise in awareness regarding infection as well as hospital-acquired infections (HAI) have boosted the growth of the global nanocoatings market. However, volatility in the prices of raw materials and hazards to health & environment hamper the market growth. On the contrary, growing healthcare, automotive, and construction markets and display screen of electronics requiring functional coating are expected to create lucrative opportunities in the near future.
The global nanocoatings market is segmented on the basis of type, application, and geography. Based on type, the market is divided into anti-fingerprint, antimicrobial, easy-to-clean & anti-fouling, self-cleaning (bionic & photocatalytic), anti-icing & deicing, anticorrosion, conductive, UV, abrasion, & wear resistant. The self-cleaning (bionic and photocatalytic) segment held the largest share in 2017, contributing more than two-fifths of the total market. However, the anti-corrosion segment is projected to manifest the fastest CAGR of 36.4% during the forecast period.
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On the basis of application, the market is bifurcated into electronics, energy, food & packaging, construction, marine industry, military & defense, automotive, aerospace, healthcare. The electronics segment dominated the market in 2017 in terms of revenue, contributing nearly one-fifth of the market. However, the automotive segment is estimated to register the fastest CAGR of 21.7% during the forecast period.
The global nanocoatings market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2017, accounting for nearly two-fifths of the total market. However, the market across the Asia-Pacific region would register the fastest CAGR of 23.3% through 2023.
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The report provides an in-depth analysis of the major market players such as Nanogate AG, Buhler AG, Bio-Gate AG, Nanophase Technologies Corporation, Surfix BV, Admat Innovations, EIKOS Inc., Nanomech Inc., Duraseal Coatings Company LLC, and CIMA Nanotech.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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