Nanocoatings Market Segmentation:
Type Segment Analysis
In terms of type, the self-cleaning segment in the nanocoatings market is anticipated to witness a revenue share of 16.5% during the forecast period owing to rising demand for self-cleaning nanocoatings across various sectors such as electronics, energy, food & packaging, construction, marine industry, military & defense, automotive, aerospace, and healthcare due to its unique properties including super-hydrophilic, photocatalytic, and anti-static.
One of the recent advancements in protective nanocoatingss is the transparent and self-cleaning coatings that are used for several applications such as foldable touchscreens, solar panels, and widows. Self-cleaning nanocoatingss reduce the overall maintenance costs and increase the lifespan of the products. For instance, various types of self-healing nanocoatingss such as polymer-based, nanocapsule-based, and nanoclay-based are widely used in vehicles to enhance durability and aesthetic appeal as these protect against scratches, UV rays, and corrosion, and provide a high-glow finish.
Application Segment Analysis
Based on applications, the electronics segment is expected to register fast-paced growth during the forecast period. This growth can be attributed to rising need for advanced solutions to protect electronic devices and increasing research activities for developing advanced nanocoatings technology for electronic devices. Nanocoatings systems are used for mass production of several electronic devices including PCBs (printed circuit boards). Nanocoatingss safeguard the PCSs through their ultra-hydrophobic properties including, blocking moisture and repelling liquid and coating flexibility that provides uniform coverage to complicated 3D structures, minimally impacting the performance.
The recent advancements in nanotechnology and the emergence of microelectromechanical systems (MEMS) have opened doors for innovation. For instance, in October 2023, Specialty Coating Systems, a KISCO Company announced the development of a low-pressure plasma polymerized coating system that supports the deposit of nanocoatingss on substrate materials.
Our in-depth analysis of the global market includes the following segments
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