Graphene Nanocoatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Graphene Nanocoatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

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Graphene is a two-dimensional layer of carbon atoms. It is arranged in the form of a honeycomb lattice. Graphene has attracted significant attention in the coatings industry due to its unique electronic, optical, and mechanical properties. Graphene nanocoatings play an important role in the development of new and advanced protective coatings due to their chemical resistance, gas impermeability, adsorption capacity, anti-bacterial properties, mechanical strength, lubricity, and thermal stability. Graphene nanocoatings are hydrophobic, conductive, and chemically resistant; hence, the usage of these nanocoatings is expected to increase significantly in the near future. Hydrophobic graphene nanocoatings are used in ship hulls, glass surfaces, and textiles. Graphene nanocoatings can act as protective coatings with advanced properties. Besides these applications, graphene nanocoatings are used in more efficient and flexible solar cells, nanoelectronic devices, supercapacitors, high sensitivity gas sensors, molecular separators, and medical implants.

Rise in demand for anticorrosion coatings is fuelling the expansion of the global graphene nanocoatings market. Graphene nanocoatings provide alternative path for electrons to travel and retard the overall corrosion process. Graphene can be used as a component in various industrial additives. Increase in demand for additives in the paints & coatings industry is propelling the graphene nanocoatings market. Rise in demand for protective coatings in the marine sector is another key factor driving the graphene market. Demand for protective coatings in the aerospace industry is also on the rise. This is anticipated to boost the graphene nanocoatings market. However, the limitation in scaling up and high costs are projected to restrain the market. Manufacturers have launched graphene based series of paints & coatings. These are strong and also act as protective layers against environmental damage. Similarly, demand for graphene nanocoatings in the automotive industry is also increasing due to the rise in demand for more durable structural components. Graphene nanocoatings can also be used for coating medical implants. Thus, increase in demand for advanced coatings in various sectors is augmenting the graphene nanocoatings market.

Based on type, the graphene nanocoatings market can be classified into hydrophobic, conductive, and others. Hydrophobic graphene nanocoatings are used where water-repellant surfaces are required such as ship hulls, glass surfaces, and textiles. Conductive graphene coatings are employed in cellphones, tablets, and computers. The others segment includes protective graphene nanocoatings. In terms of application, the graphene nanocoatings market can be divided into automotive, aerospace, marine, electronics, textiles, medical, and industrial paints and coatings.

The global graphene nanocoatings market witnessed moderate expansion in 2016. This trend is estimated to continue during the forecast period. North America accounted for significant share of the graphene nanocoatings market due to the availability of raw material processing and technological advancements in the region. The aerospace industry in North America is anticipated to expand due to the fleet expansion activities. Demand for highly fuel efficient vehicles and strong protective coatings is increasing in the region. Similarly, the graphene nanocoatings market is expanding in Europe. Germany and France are considered the key countries in Europe. Rise in demand for graphene nanocoatings in various industrial applications is boosting the graphene nanocoatings market in Europe. Asia Pacific is also considered a prominent region of the graphene nanocoatings market due to the presence of strong demand from China and India. Changes in lifestyle, the nature of emerging economy are the key factors fuelling the graphene nanocoatings market in Asia Pacific. In terms of demand, Brazil accounts for the major share of the graphene nanocoatings market in Latin America owing to the recent industrial progress made in the country. Middle East & Africa is considered a global connectivity hub. Thus, the graphene nanocoatings market in the region is likely to expand in the near future.

Key players operating in the global graphene nanocoatings include Graphenano, The British Electro Conductive Products, and Siansonic Technology Co., Ltd.

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. 

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