Global Photocatalytic Nanocoating Market was valued at USD xx Mn in 2019 and is expected to reach USD xx Mn by 2027 at a CAGR of 4.3% over the forecast period 2020-2027.
The report covers an in-depth analysis of COVID 19 pandemic impact on Global Photocatalytic Nanocoating Market by region and on the key players’ revenue affected till July 2020 and expected short term and long-term impact on the market.
Photocatalytic Nanocoating Market overview
Photocatalytic nanocoating is a polymer manufactured with a combination of nanotechnology at the molecular level that is measured on a nanoscale. To form or manufacture a denser photocatalytic nanocoating product, raw materials shrink. Expansion of building & construction industry and a wide variety of applications especially in surface cleaning photocatalytic nanocoating especially used by skyscrapers as they reduce the maintenance cost of cleaning. Besides, in-room light and self-cleaning under sunlight nanocoating can be covered by plastic and painted surfaces. They are more preferred than traditional coating owing to their lower VOC (Volatile organic coating) content. Also, they have various properties such as gloss retention, UV rays, chemicals; resistance to scratches; colour, and anti-corrosion properties. They require less maintenance which has built a lucrative demand for the photocatalytic nanocoating market.
Photocatalytic Nanocoating Market Dynamics
Expansion in the chemical industry and increasing product launches owing to key players focusing on R & D activities are driving the growth of the photocatalytic market. Low maintenance and properties of photocatalytic nanocoating such as UV rays, gloss retention, corrosion properties, scratches, and color have fuelled the demand for the photocatalytic nanocoating market. External factors such as sand & dust, acid raining, and corrosion can lead to rapid deterioration of the machine, floors, and protection of harsh weather has built a lucrative demand in building & construction industries Self-cleaning and anti-fingerprint nanocoating demand is growing at a rapid pace over the years.
However, VOC emissions for paints and coatings, stringent policies towards toxic chemicals, and consumer awareness may hamper the growth of the market. The market has a low yield and has a high cost of capital over the forecast period that can prove to be a potential restraint.
The most commonly used type of nano-coating is antimicrobial. The rapid pace in industrialization and growth in the electronic and automation industry is driving the growth of the photocatalytic nanocoating market. Increasing applications such as in water, air purification, and a variety of coating applications have built a lucrative demand for the photocatalytic nanocoating market. Photocatalytic coatings are used to reduce the spread of airborne toxins and allergens such as COVID-19 and MRSA in hospitals, arenas, acute care facilities, senior care facilities, athletic centers, airports, schools, assisted living facilities, child care facilities, and other facilities have fuelled the growth of the photocatalytic nanocoating market.
Global Photocatalytic Nanocoatings Market: Regional Analysis
The regional analysis of the Global Photocatalytic Nanocoating market is segregated across North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The Asia Pacific is dominating the Photocatalytic Nanocoating market. Rising disposable income and the rapid pace of industrialization is driving the growth of the photocatalytic market. Growth in the automotive and electronic industry in these regions has built various lucrative opportunities for the growth of the market. In South America, factors such as the development of ease of transportation, availability of the state-of-art facility, and abundance of raw materials have fuelled the growth of the photocatalytic nanocoating market in this region.
Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new Type launches and patents to increase their regional presence and business operations.
The objective of the report is to present a comprehensive analysis of the Global Photocatalytic Nanocoating Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Photocatalytic Nanocoating Market dynamics, structure by analyzing the market segments and project Global Photocatalytic Nanocoating Market Clear representation of competitive analysis of key players by price, financial position, Type portfolio, growth strategies, and regional presence in the Global Photocatalytic Nanocoating Market make the report investor’s guide.
Scope of Global Photocatalytic Nanocoating Market
Global Photocatalytic Nanocoating Market Segmentation by Product
• Water-borne
• Solvent-borne
Global Photocatalytic Nanocoating Market Segmentation by Application
• Architectural Glass & Construction
• Medical
• Food Production & Packaging
• Water Purification
• Other (Air Purification & Solar Coatings)
Global Photocatalytic Nanocoating Market Segmentation by Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Global Photocatalytic Nanocoating Market Major Players
• PPG Industries
• CG2 Nano Coatings
• TOTO
• TOYOTA Tsusho Corporation
• Coating Suisse GmbH
• Daicel Finechem Limited
• Advanced Materials-JTJ S.R.O.
• Bionic Technology Holding BV.
• Boral Limited
• Cardinal Glass Industries
• Ishihara Sangyo Kaisha, Ltd.
• FN Nano, Inc.
• Green Earth Nano Science, Inc.
• Heidelberg Cement
• Inspiraz Technology PTE Ltd.
• KON Corporation
• Nanophos SA
• Panahome Corporation
• Taiyo Coatings
• Nadico Technologies GmbH
• Nanomagic
• Well Shield Co., Ltd.
• NTC Nanotech Coatings GmbH
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