Opportunities in Nanocoating market

12 March 2009

At present the global nanocoating market is above US $ 600 million per annum and it is expected that by the year 2013, the market will cross US $ 6.5 billion. The majority of the market currently is “one way” including anti-bacterial, conductive and protective coating, however the research on “ two way” coatings are going on throughout many research institutes and within next 4-5 years we will see many two way nanocoatings including pigmented coatings, hydrophobic / hydrophilic switching coating etc.

Companies throughout the globe investing in research in nanocoating materials and within a couple of years many new novel products are expected to commercialize. Presently many physico-chemical methods are used worldwide to fabricate the nanomaterials that can enhance the physical and chemical properties of nanocoatings, however the scaling of R&D is still a major challenge before the major companies.

So, before commercializing the technology, the companies must ensure the nanocoatings have additional features than conventionally available coatings and at the same time the new products must have reasonable price. These new nanocoating can find many applications in wider fields including transportation and high tech sports gadgets etc.

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