Hartford, CT, December 15, 2011 --(PR.com
)-- Global Information, Inc. (GII) presents "The World Market for Nanocoatings" by Future Markets, Inc.
The general coating industry has declined but specialized coating surface engineering sectors are witnessing strong growth driven by the needs of high-end industries, such as oil and gas and electronics. Nanocoatings are opening up new market opportunities in the global coatings arena. Properties such as anti-microbialism, thermal insulation, dirt and water repellency, hardness, corrosion resistance, flame retardancy, UV stability, anti-graffiti, self-cleaning, moisture absorbing, gloss retention and chemical and mechanical properties are improved significantly using nanostructured materials.
Global revenues for nanocoatings in 2011 were optimistically estimated to be $1559 million.
Despite the market being affected by the global economic recession, product innovation and the need to meet stringent environmental regulations is driving market demand across a wider range of markets.
Global revenues for nanocoatings in 2017 are optimistically estimated to be $7,821 million, a CAGR of 27.25%. Conservative estimates put the 2017 market at $4371.2million
The market for nanocoatings will grow across all sectors over the next 5-10 years, with the medical, electronics and displays (especially smart phones), interior and exterior household coatings and food processing markets all experiencing significant growth, driven by the need for improved sanitary facilities and also pushed by the vast improvements nanocoatings offer, from both a protective and destructive perspective. The military market will remain the largest market with anti-corrosion coatings increasingly applied. Anti-corrosion coatings and super hardness will also drive revenues in the oil and gas industry, for protective surfaces in pipelines and harsh environments and on drilling equipment.
For more details, visit: http://www.giiresearch.com/report/fmi223489-world-market-nanocoatings.html
What Does The Report Include?
-Comprehensive quantitative data and forecasts for the global nanocoatings market to 2017
-Qualitative insight and perspective on the current market and future trends in end user markets based on interviews with key executives
-End user market analysis and technology roadmaps
-Tables and figures illustrating market size and by end user demand
-Over 250 full company profiles of nanocoatings application developers including technology descriptions, markets targetted and estimated revenues in 2010
-Production methods and coating types including Anti-fingerprint, anti-bacterial/microbial, anti-scratch/corrosion/wear-resistant, anti-fouling and easy-clean, self-cleaning, UV resistant, flame retardant and thermal barrier
Find Nanotechnology market research reports: http://www.giiresearch.com/topics/MR10_en.shtml
About Global Information Inc.
Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.