Opportunities for the global nanocoating market to reach $15.8 billion by 2023

According to a new market report published by Lucintel, the future of the global nanocoating market looks promising with opportunities in construction, automotive, healthcare, marine, electronics, and energy. The global nanocoating market is expected to reach an estimated $15.8 billion by 2023 and it is forecast to grow at a CAGR of 24.5% from 2018 to 2023. The major growth drivers for this market are increasing demand for nanocoating in end use industries due to superior functional properties and performance benefits over conventional coatings.
Construction, automotive, healthcare, electronics, and energy are the major segments of the nanocoating market by end use industry. On the basis of its comprehensive research, Lucintel forecasts that the automotive, healthcare, electronics, and energy segments will show above average growth during the forecast period.
Self-cleaning and easy-to-clean, anti-microbial, and anti-fouling nanocoating are the major segments of the nanocoating market by function type. The anti-microbial nanocoating segment is expected to show above average growth during the forecast period due to its increasing usage to maintain a clean, hygienic environment in patient care facilities.
North America is expected to remain the largest region and APAC is likely to register the highest growth due to rising demand for nanocoating in the automotive, consumer electronics, and growing awareness of anti-microbial nanocoating for the healthcare industry.
Emerging trends, which have a direct impact on the dynamics of the industry, include nanostructured coating for prevention of biofilm-associated infections on medical devices and the development of nanocoating for waterproof mobile devices. ACTnano, Inc., PPG Industries, Inc, Nanogate AG, I-CanNano, and SCHOTT AG are the major suppliers in the global nanocoating market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global nanocoating market by end use industries, function type, application by substrate type, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Nanocoating Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global nanocoating market by end use industry, function type, application by substrate type, and region, as follows:

By End Use Industry [Volume (Million Pounds) and $B shipment analysis for 2012 – 2023]
• Construction
• Automotive
• Healthcare
• Marine
• Electronics
• Energy
• Others
By Function Type [Volume (Million Pounds) and $B shipment analysis for 2012 – 2023]
• Self-Cleaning and Easy-To-Clean
• Anti-Fingerprint
• Anti-Microbial
• Anti-Fouling
• Others
Application by Substrate Type [$B shipment analysis for 2017 and 2023]
• Metal
• Glass
• Plastic
• Others
By Region [Volume (Million Pounds) and $B shipment analysis for 2012 – 2023]
• North America
• Europe
• Asia Pacific
• The Rest of the World
This 125-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Mergers & Acquisitions, Due Diligence and SWOT Analysis.

This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nanocoating market by end use industry (construction, automotive, healthcare, marine, electronics, energy, and others), function type (self-cleaning and easy-to-clean, anti-fingerprint, anti-microbial, anti-fouling, and others), application by substrate type (metal, glass, plastic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Lucintel LLC
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Ph: +1-972-636-5056 Fax: +1-877-883-5140
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This release was published on openPR.