Global Nanocoatings Market to Reach US $11.72 billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Nanocoatings market. The world market for nanocoatings is projected to reach US $11.72 billion by the year 2015. 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.

Nanocoatings: A Global Market Report

Nanotechnology, the science at nanoscale, has proved to be one of the most important technologies wielding a deep influence on conventional material science. The impact of miniaturization in material science has been significant, and the unrivalled functional benefits offered make research at nanoscale valuable and important. For material technologies to become commercially successful, performance advantages must be offered as a value that commands a premium price, and nanocoatings/nanomaterials, in this regard, are just the required means to the end. 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, among others

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. 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.

Although the ongoing economic recession has dealt a hurting blow to the coatings industry, innovative players with the financial muscle to support new investments have continued to canalize focus and investments in sustainable technologies in hopes of emerging stronger in the post recession period. Innovation, and product differentiation are taking on more critical roles, and importance, especially during an economic recession. In addition to the conventionally wise strategies to battle poor economic conditions, such as, cost reductions and economies of scale, manufacturers are realizing the importance of more adopting more radical and efficient measures, such as, increasing product efficiency, reliability, and durability, among others. This strategy of seizing the economic crisis as an opportunity to strengthen market stance and position is greatly benefiting nanocoatings, given its numerous cost, performance, and energy efficiency advantages offered, as stated by the new market research report on Nanocoatings. As the frozen economy begins to thaw, nanocoatings is poised to leverage the full advantage of a revival in demand, thanks to the unfazed research and innovation efforts directed in this sector even during the recession induced business intermission period. 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.

Players in the marketplace include Buhler PARTEC GmbH, CG2 NanoCoatings Inc., Eikos Inc., Integran Technologies Inc., Inframat Corporation, Nanofilm, and Nanopool GmbH, among others.

The report titled "Nanocoatings: A Global Market Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, key market trends, product introductions/innovations, profiles of major players, and recent industry activity. The single segment report provides market estimates and projections (In US $ Million) for the global market.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Nanocoatings_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com

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