Over the past few years, the U.S. EPA and European Commission have been framing numerous
regulations aimed at restricting the VOC emissions in the manufacturing sector. Therefore,
nanocoatings marketis projected to witness significant growth regarding consumption in automotive
and construction industries in the near future.
Product Insights
Antimicrobial coatings find application in water treatment, packaging, medical & healthcare, and food
& beverage industries for deterring the growth of microorganisms on the surfaces. The product
market demand is projected to foresee significant gains in the medical sector on account of providing
excellent easy to clean characteristics and anti-fouling properties.
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Anti-finger printing coatings are projected to witness significant gains in automotive and construction
industries due to their ability providing protection to the applications where fingerprints impair the
appearance of a surface. Furthermore, increasing importance for anti-fingerprint protective materials
for sand-blasted glass surfaces on account of the ability to reduce the usage of abrasive agents is
expected to have a positive impact over the forecast period.
Self-cleaning product forms are projected to find applications in healthcare industry on account of
providing a lotus-leaf effect which results in not allowing water retention on the surface. These
products are expected to foresee volume growth at a CAGR of 22.2% from 2014 to 2020
Application Insights
Medical was the largest application, accounting for 14.7% of global market share in 2013. Rising
demand for medical device coatings for offering excellent dielectric properties, dry-film lubricity, and
thermal stability is expected to have a positive impact on nanocoatingsmarket.