Nanocoatings Market By Type (Anti-Fingerprint, Anti-Microbial, Anti-Corrosion, Self-Cleaning and Others), By Application (Aerospace, Automotive, Electronics, Building & Construction, Marine and Others) - Trends, Analysis and Forecast till 2034

Nanocoatings Market accounted for USD 17.2 Billion in 2024 and is estimated to be USD 145 Billion by 2034 and is anticipated to register a CAGR of 3.30%.

Nanocoating is a film applied to surface or a substance for protection and to improve functionality in other capacity. Physical vapor depositions, chemical vapor depositions, atomic layer depositions, polymer dispersions and nanosols are the different techniques of nanocoatings.

Wide range of applications has become major contribution in target market growth. Growing smart building projects has further, facilitated the demand for Nanocoatings market growth. Rapid growth in industrialization and use of nanocoatings in industries is expected to foster the demand for Nanocoatings market growth in future.

Growing demand from automotive industries to foster market growth

Growing automotive industries to fulfill need of transportation and use of nanocoatings in automotive sector has become major contribution in target market growth. Wide use of nanocoatings in automotive sector on mirrors, displays and scratch-resistant coatings has propelled the market growth. Nanocoatings are also used in making parts of engine more resistant to corrosion, its antibacterial and stain-resistant property is likely to provide lucrative opportunities in Nanocoatings market growth in future.

For instance, in December 2021, BMW set to invest in Nano-Coating Technology Company “Actnano”. NanoGuard and nano-coatings from Actnano are extensively used in automotive industries with 80% of electric vehicles in North America and more than 2,000,000 production vehicles uses nano-coatings. BMW i Ventures led series B finding in Actnano to invest in nano-coating technology.

Further, due to excellent properties of fuel saving, high performance, reduction in vehicles weight, reduction in carbon dioxide emissions use of polymer Nano-composites are widely used in automotive industries.

Restrains:

However, raw materials such as nitrides, carbides and ceramics used in manufacturing process of nano-coatings are of expensive cost which has hampered market growth. The manufacturing process of nano-coating require advanced and expensive machineries and high maintenance cost which restrained the Nanocoatings market growth.

Nanocoatings Market is segmented based on Type, Application and Region.

Type Insight

On the basis of Type, Nanocoatings Market is segmented into Anti-Fingerprint, Anti-Microbial, Anti-Corrosion, Self-Cleaning and Others. Self-Cleaning type segment is expected to dominate the target market growth as it repels dirt and dust particles by sliding away from its surface.

Application Insights

On the basis of Application, Nanocoatings Market is segmented into Aerospace, Automotive, Electronics, Building & Construction, Marine and Others.  Building & Construction application segment is expected to dominate the target market growth due to rapid growth in urbanization which has result in growing infrastructure projects with advanced technology and protective coatings that prevent fungal and bacterial buildup on constructed buildings.

Regional Insights:

On region the Nanocoatings Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period. Moreover, growing construction activities & aerospace industries, government subsidiaries, high disposable income, continuous research & development activities in nanotechnology, is anticipated to increase the demand for Nanocoatings market in the region.

Asia Pacific market is expected to expand fastest way due to rapidly growing population and growing smart city projects with rapid growth in industrialization.

Nanocoatings Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Nanocoatings Market report based on type, application and region:

Nanocoatings Market, By Type:

• Anti-Fingerprint
• Anti-Microbial
• Anti-Corrosion
• Self-Cleaning
• Others

Nanocoatings Market, By Application:

• Aerospace
• Automotive
• Electronics
• Building & Construction
• Marine
• Others

Nanocoatings Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating the Nanocoatings Market includes, ACTnano, Tesla Nanocoatings Inc., Nanovere Technologies LLC., Cleancorp, Nanofilm Ltd., Nanophase Technologies Corporation, CIMA Nanotech, Buhler AG, EIKOS Inc., Surfix BV, and others.

• In June 2021, COAT-X SA launched new product “super hydrophobic nanocoating” to add value to performance of commercially available and community masks. New launched product is silicon-based conformal coating used in making complex 3D surfaces highly hydrophobic and suitable on glass, PCBs, fabrics and polymers.
• In August 2021, Actnano launched new “Titan series advanced nanoGuard” to improve safety in autonomous and electric vehicles. New launched Titan series is a new coating for protection of electronics product.
• In March 2023, ROCKA Solutions partnered with Actnano a global leader in nanocoating to for distributing and representing Actnano’s products in Brazil, Mexico and Argentina. Actnano’s “nanoGUARD” a thin film polymer provides higher level of protection and also help in lowering operational cost.

• ACTnano
• Tesla Nanocoatings Inc.
• Cleancorp
• Nanofilm Ltd.
• Nanophase Technologies Corporation
• CIMA Nanotech
• Buhler AG
• EIKOS Inc.
• Surfix BV