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Nanocoatings market worth $14,219.05 million by 2019
A newly published research report, 'Nanocoatings market by type (anti-fingerprint, anti-microbial, easy-to-clean & anti-fouling, self-cleaning and other), by application (healthcare, food & packaging, marine industry, water treatment equipment, electronics, construction, automotive, energy and others), and by region - trends & forecasts to 2019', reveals that the market for nanocoatings is projected to reach $14,219.05 million by 2019, increasing with a Compound Annual Growth Rate of 24.68% between 2014 and 2019.
The market is expected to show high growth because of the demands made by evolving environmental protection regulations and standards.
The report identifies the driving and restraining factors for the market with an analysis of trends, opportunities and challenges, segmenting the market into regions such as Asia-Pacific, North America, Europe, and Rest of World. While North America dominated the nanocoatings market in 2013, the Asia-Pacific is projected to gain the major market size by value by 2019.
Self-cleaning nanocoatings accounted for the major share - around 25% of the market, in 2013, followed by Easy-to-clean & Anti-fouling nanocoatings. Self-cleaning is forecast to remain as the largest market share until 2019, with the Easy-to-clean & Anti-fouling nanocoatings sector projected to grow with a healthy CAGR, from 2014 - 2019.
Cleanzine readers who are amongst the first to buy the report can request a 10% discount.
29th January 2015