PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Boon Seen in Nanocoatings Market

Wednesday, April 14, 2010

Comment | More

Growing demand for eco-premium coatings will help drive "considerable growth" in the global nanocoatings market for the next five years, according to new market research.

The global nanocoatings market will reach $11.72 billion by 2015, according to a new report by Global Industry Analysts Inc.

"Although tempered by the recent economic recession, the market is expected to regain poise and register considerable growth in its revenue in the short- to medium-term period, driven by growing demand for eco-premium coating solutions, and the industry's unfazed focus on innovation and product differentiation," GIA reported.

Nanotechnology in conjunction with material science helps manipulate/modify/alter material characteristics at the molecular level and develop materials that meet unique, exclusive and critical needs of end-users.

Nanotechnology-supported innovations in coatings include development of antimicrobial effects, thermal insulation, dirt repellency, corrosion-resistance, anti-graffiti, moisture-absorbing coatings, and self-cleaning coated surfaces.

"Against a backdrop where every industrial sector is being made to buckle under the pressure of environmental regulations and conformance to ecologically safe practices, the green benefits proffered by nanocoatings is gradually coming to the fore and driving the nanocoatings market," GIA said.

"Nanocoatings help reduce the energy and material consumption typically required for coating surfaces. Additionally, nano-based coatings also reduce the time and complexity of the coating process, thus resulting in cost efficiencies.

"Nanotechnology-based anticorrosion coatings with self-healing characteristics represents another illustrative example of the real-world environmental benefits offered. This technology currently ranks as the only feasible alternative to toxic chromium coatings."

The ongoing economic crisis has positioned nanocoatings to strengthen their market stance, given their  numerous cost, performance, and energy efficiency advantages. Neither research nor innovation in the nanocoatings sector have flagged during the recession, GIA says.

Eco-premium coating solutions are forecast to rise in demand among all end-user sectors in the upcoming years, echoing opportunities downstream into the nanocoatings market.

More information about "Nanocoatings: A Global Market Report" is available at  http://www.strategyr.com/Nanocoatings_Market_Report.asp.

   

Tagged categories: Nano and hybrid coatings; Nanotechnology

Comment from Jim, (6/14/2010, 9:04 AM)

This was a very interesting article, thank you for posting. I have a question though... The article states the global nanocoatings market will to $11.72 Billion by 2015, but this statistic is meaningless without understanding where it is today. Can anyone tell me where this market is as of 2010? Thank you...


Comment Join the Conversation:

Sign in to our community to add your comments.

Industrial Vacuum Equipment Corp.
Hurricane Vacuums
& Dust Collectors

Vacuum and dust collector hose, filters and related accessories.
IndustrialVacuum.com


MMLJ
Superfast Dustless Abrasive Blasting - Watch Video

Dustless Blasting creates no dust plume so others can work nearby unaffected. Maximize Productivity! Watch our numerous YouTube videos to learn more.


Surface Prep Supply
Surface Prep Supply

Blast It! Coat It! We have you covered every step of the way. Supplier of:
• Abrasives
• Equipment
• Accessories
• Protective Coatings
888-331-7737(PREP)


SAFE Systems, Inc.
Custom blast rooms
by SAFE Systems

Don't waste time and money "making do" with a "standard" design. Let us work with you to design and build the
system that best fits
your requirements.
Call 1-800-634-7278


NLB Corporation
Rotating water jets increase coverage

NLB lance has rotating water jets (40,000 psi), widening the spray pattern to cover more area. Features air-driven swivel with dual triggers to enhance safety.


Corrosion Probe, Inc.
From Detection to Correction

Corrosion Probe, Inc. has the Most Concrete Coatings Experience and Expertise. Contact us today at
860-767-4402, www.cpiengineering.com


Carboline Company
Carboline Company
www.carboline.com

Coatings Done Right™
For over sixty years, Carboline has been considered the standard of superior high-performance coatings, linings, and fireproofing products.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com