Nanocoatings Market Size

Nanocoatings Market size was over USD 15.72 billion in 2024 and is anticipated to cross USD 114.47 billion by 2037, witnessing more than 16.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of nanocoatings is estimated at USD 17.8 billion. 

The growth of the global market can be attributed to the rapidly expanding building and construction sector and high demand for advanced coating materials in construction. Over the years, construction activities across the globe have drastically increased as a result of rising pollution and urbanization. Nanocoatings is widely used in construction activities as it provides excellent protection against extreme environmental factors such as moisture, pollutants, and UV radiation, thereby extending the lifespan of building materials.

Moreover, they can improve the overall appearance of surfaces, providing a smoother and glossy finish, compared to conventional coatings used in the construction sector. Different types of coatings such as self-cleaning, anti-graffiti, thermal insulators, and anti-bacterial coatings are widely used in modern constructions.

Leading companies are coming up with novel techniques and products, further fueling the market growth. For instance, in July 2023, HeatCure announced its operations in India with the launch of nanotechnology-based glass coating products that block heat gain from glass doors, facades, and windows and also protect against infrared and ultraviolet rays.