Global Anti-corrosion Nanocoatings Market Trends, Applications, Analysis, Growth, and Forecast to 2028

“Global Anti-corrosion Nanocoatings Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global anti-corrosion nanocoatings market report has been segmented on the basis of product type, end-use industry, and region.

Global Anti-corrosion Nanocoatings Market: Overview

Anti-corrosion nanocoatings are used to prevent the occurrence and progression of corrosion in presence of mist, salt, or high humidity. Despite of various methods such as galvanization, cathodic protection, barrier protection, and others, anti-corrosion nanocoatings have gain focus in recent years owing to its simple and effective use. Anti-corrosion nanocoatings are widely used due to its microbial resistance, thermal resistance, hydrophobicity, and other properties.

Global Anti-corrosion Nanocoatings Market: Dynamics

Rising demand for anti-corrosion nanocoatings in automotive, packaging, and construction industries owing to its corrosion resistance, hydrophobicity, and other properties, is a major factor expected to drive growth of the global anti-corrosion nanocoatings market. Increasing use of anti-microbial coatings in healthcare and food packaging applications owing to microbial resistant, thermal resistant, and other properties. This is another factor estimated to drive growth of the target market. Furthermore, rising demand for anti-fouling & easy to clean coatings in marine applications to avoid scaling and fouling on body of boat and ship. This is among some other factors expected to fuel growth of the target market to a certain extent.

However, high cost of anti-corrosion nanocoatings is expected to be a major factor which may hinder growth of the global market to certain extent. Additionally, stringent regulations pertaining to use these nanocoatings owing to VOC emissions, is expected to be among some of the other factors hindering growth of the target market.

Increasing use of these coatings from various end-use industries in developing countries and development of innovative and cost-effective coatings are among some other factors anticipated to create opportunities for the prominent players, and is expected to augment growth of the target market.

Global Anti-corrosion Nanocoatings Market: Segment Analysis

Among product type segments, the anti-fingerprint coatings segment is expected to account for highest revenue share in the target market, owing to rising demand of these coatings in packaging, food manufacturing, healthcare, and water treatment industries.

Among end-use industry segments, the electronics segment is expected to account for moderate revenue growth in the potential market, owing to growing touch-based technology in mobiles, laptops, and other electronic devices.

Global Anti-corrosion Nanocoatings Market: Regional Analysis

The Asia Pacific anti-corrosion nanocoatings market is estimated to account for highest revenue share, and expected to dominate in the global anti-corrosion nanocoatings market over the forecast period. This dominance can be attributed to rapid industrialization coupled with increasing building & construction, electronics, automotive, packaging, and other industries in countries in Asia Pacific region. The Asia Pacific market is projected to grow at a faster rate in the next 10 years, owing to increasing investments by government and manufacturers for R&D in various industries. The North America anti-corrosion nanocoatings market is expected to account for moderate revenue growth in the target market. This is attributable to rising demand for anti-corrosion nanocoatings in various end-use industries such as healthcare, automotive, electronics, and energy industry, and others in the region.

Global Anti-corrosion Nanocoatings Market Segmentation:

Segmentation on the Basis of Product Type:

• Anti-Microbial Coatings
• Anti-Fingerprint Coatings
• Easy to Clean & Anti-fouling Coatings
• Self-Cleaning Coatings (Bionic & Photocatalytic)
• Others (Anti-Icing & Deicing Coatings, Oleophobic Coatings, Hydrophobic Coatings, etc.)

Segmentation on the Basis of End-use Industry:

• Construction
• Healthcare
• Automotive
• Electronics
• Marine
• Aerospace
• Energy
• Others (Military & Defense, Food, Water Treatment, Packaging, etc.)

Segmentation on the Basis of Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa