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Nano Coating Market Trends

Report ID: GMI7451
Published Date: Jun 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 the industry expansion. For instance, in June 2024, TriNANO Technologies launched a 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) :

Market size for nano coating was worth over USD 8.2 billion in 2023 and is set to expand at 16.3% CAGR from 2024-2032 owing to the rising demand for protective coatings across various industries.

Self-cleaning nano coating market is expected to surpass USD 13.9 billion by 2032, owing to their capability to significantly lower maintenance costs and improve surface longevity.

Asia Pacific industry size will record 17.5% CAGR from 2024 to 2032, supported by rapid industrialization and expanding manufacturing sector.

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