Nano Paints & Coatings Market: Introduction

Nano paint is a coating employed to modify the properties of a surface or substance. Nano paints are liquid or solid in form. They are used to protect, seal, or color the surface or substance. Nano particles used in nano paints and coatings have metabolic properties. Nano paints and coatings are penetrative in nature and they have characteristics such as scratch resistance, high hardness, and resistance to molds and bacteria. These characteristics make them durable and high-performance coatings. Nano paints and coatings are largely applied in industries such as marine, automobile, warships, hospitals, oil & gas, electronics & optics, biomedical, packaging, and aerospace.

Nano Paints & Coatings Market: Segmentation

Based on type of nanoparticle used, the nano paints & coatings market has been divided into graphene, carbon nanotubes, nano-SiO2 (silicon dioxide), nano silver, nano-TiO2 (titanium dioxide), and nano-ZNO. In terms of method used, the nano paints & coatings market has been segmented into electrospinning, chemical vapor deposition (CVD), physical vapor deposition (PVD), atomic layer deposition (ALD), aerosol coating, self-assembly, and sol-gel. Based on end-user, the nano paints & coatings market has been classified into marine, automobile, warships, hospitals, oil & gas, electronics & optics, biomedical, packaging, and aerospace. The aerospace segment has immense growth potential.

Nano particles used in nano paints & coatings improve durability, reliability, resistance to erosion and sliding, surface quality, UV resistance, and thermal insulation. Nano paints & coatings are elastomeric and anti-sticking in nature. They offer low VOC emissions and add characteristics to aircraft frames, interiors, exteriors, turbine blades, engine parts, and component surfaces. Nano paints & coatings protect the structure and surface of an aircraft from adverse environments, changing temperature conditions, high pressure, and reduction of drag. This helps in saving fuel and preventing thermal shocks. Nano paints & coatings also offer crack healing, improved high-temperature and creep resistance, enhanced strength, reduced carbon footprint, less cleaning and maintenance costs, protection from corrosion and erosion, and reduced ice accretion.

Nano Paints & Coatings Market: Overview

The nano paints & coatings market in Asia Pacific is expanding at a rapid pace compared to other regions. China is a leading market for nano paints & coatings, followed by India and South Korea. Japan is a major market for nano materials, as they are consumed the most in the electrical & electronics (E&E) sector in the country. China is making high investments in the nanotechnology field. Asia Pacific is witnessing advancements in technology and increase in investments in R&D activities. This is driving the nano paints & coatings market in the region.

The rise in demand from developing economies, emergence of newer applications, and focus on eco-friendly products are driving the nano paints & coatings market in the region. High costs of raw materials and stringent regulatory policies act as restraints for the nano paints & coatings market. Nano paints & coatings provides corrosion protection using environmentally safe material, sense corrosion and mechanical damage of aircraft skin, initiate responses to sensed damage, achieve optimal adhesion using environmentally compliant materials, and  improves fatigue resistance. Nano paints and coatings used in the defense industry are directly applied by the labor, which can be hazardous for them. Nano coatings are applied by using hands, which may cause damage to the metal material. 

Nano Paints & Coatings Market: Regional Outlook

The nano paints & coatings market in Asia Pacific, North America, and Europe is rapidly expanding. The market in Asia Pacific is expected to expand at a rapid pace in the near future. North America and Europe are emerging markets for nano paints & coatings.

Nano Paints & Coatings Market: Key Players

Key players operating in the global nano paints & coatings market are Dura Coat Products, I-CanNano, Henkel Corporation, DuPont, Evonik, Wacker Chemie, Beckers Group, Akzo Nobel, PPG Industries, Valspar, Nanovere Technologies LLC., Yung Chi Paint & Varnish Mfg., and BASF SE.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Nano Paints Coatings Market

Pre Book