Nanocoatings Market Size Worth USD 22.96 Billion by 2027
Escalating demand for nanocoatings from the healthcare sector is one of the significant factors influencing the market growth.
Nanocoatings Market Size – USD 6,101.8 Million in 2019, Growth - CAGR of 18.4%, Trends –Growing of the automotive industry
The global nanocoatings market is expected to reach USD 22.96 Billion by 2027, according to a new report by Emergen Research. The nanocoatings market is experiencing rapid growth attributed to its increasing demand in end-user industries such as healthcare, automotive, building & construction, electronics, marine, energy, water treatment, and packaging.
The surging demand for nanocoatings in the healthcare sector is projected to drive the growth of the market in the forecast period. Antimicrobial nanocoatings are essential for indwelling catheters possessing a high risk of microbial infection. Moreover, these are deployed in surgical instruments, bone replacement materials, and prosthetic devices. Also, biofilms of yeasts and oral bacteria may result in several localized ailments in the oral cavity, such as dental caries, oral thrush, periodontal disease, tooth root & pulp disease, and dental implant dental braces infections.
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