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Nano Coating Market Trends

Report ID: GMI7451
Published Date: Nov 2024
Report Format: PDF

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Nano Coating Market Trends

The increasing integration of smart functionalities, such as self-healing, self-cleaning, and anti-fouling properties will play an ideal role for industry expansion. For instance, in June 2024, trinano technologies launched nanocoating for solar modules which increased the energy output of the panel by up to 4% due to light trapping, anti-reflection and self-cleaning.

Innovations in nanotechnology are also enabling coatings that can self-repair microscopic wear and tear while increasing the longevity and performance of surfaces in industries, such as automotive, aerospace and space. Self-cleaning nanocoatings that repel moisture and break down organic matter using water or photovoltaic energy are further gaining popularity in the construction industry to maintain a clean, low-maintenance building exterior.

Authors: Kiran Pulidindi , Manish Verma

Frequently Asked Questions (FAQ) :

The global market for machine safety was reached USD 5.8 billion in 2023 and is estimated to grow at a 6% CAGR from 2024 to 2032, driven by the widespread adoption of automation and stringent regulatory requirements.

The individual components segment reached USD 3.6 billion in 2023 and is projected to grow at a 5% CAGR from 2024 to 2032, driven by the essential role of safety sensors and other technologies in ensuring machine safety.

The assembly application type dominated about 30.3% revenue share in 2023 and is expected to grow at a 5.9% CAGR from 2024 to 2032, due to its critical role in safeguarding workers during high-velocity, repetitive production processes.

Few leading nano coating companies are Nanogate AG, Buhler Group, PPG Industries, Nanophase Technologies Corporation, and Nanomech Inc.