Nanocoatings Market Size 2022 to 2031 Status and Trend by Companies, Regional Outlook
AMARILLO, TX , United States, Tue, 20 Sep 2022 01:14:16 / Comserve Inc. / — In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Nanocoatings
The Nanocoatings market size in terms of value is projected to grow at a CAGR of 24.68% between 2022 and 2031 to reach $14,219.05 million by 2031. North America held the largest share in 2013, in terms of value.
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The Nanocoatings market in North America region is growing fast, mainly due to performance benefits and the increasing commercial activities.
The Asia-Pacific region alone is expected to generate over 30% of the global nanocoatings demand in the coming five years, as developing countries in this region plan to undertake large scale infrastructure and other development projects.
New product launches, Agreements, and expansions were the most preferred growth strategy among the major players in the nanocoatings market, globally. The major players are enhancing the global presence. For example, P2i expanded its production facility of Aridion 8 with Hearing Lab Technology.
Many companies offering nanocoatings are actively trying to increase their product portfolio and regional presence to cater to different regional markets. Asia-Pacific is the fastest growing market in terms of value during 2022-2031, mainly due to huge investment in the infrastructure projects in the region.
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The major players in the nanocoatings market are P2i Ltd. (U.K.), Integran Technologies (U.S.), Buhler AG (Switzerland), Nanogate AG (Germany) and inframat Corporation (U.S.) These companies showed significant presence among other players in the global nanocoatings market.
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