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Impact of Covid-19 on Photocatalytic Nanocoatings Market

 

Photocatalytic Nanocoatings Market: An Easy and Safe Solution

 

·         Photocatalytic nanocoatings are manufactured by shrinking of raw materials at the molecular level to form a denser product. They are measured on a nano-scale.

·         A nano photocatalyst coat is a combination of a photocatalyst with the nanotechnology. Photocatalytic nanocoatings greatly benefit in maintenance of buildings, especially skyscrapers, as they reduce the need for costly surface cleaning.  Printed and plastic surfaces with titanium oxide (TiO2) can be covered by nanocoatings to make them self-cleaning under sunlight as well as in room light.

·         Due to their lower VOC (volatile organic compound) content, photocatalytic nanocoatings are preferred over the traditional coatings. Nanocoatings have characteristics such as resistance to scratches, UV rays, chemicals; anti-corrosion properties; and color and gloss retention. Also, they require low maintenance.

·         Photocatalytic nanocoatings prevent the painted surface from getting damaged by external factors such as UV rays and acid rain

·         Nanocoatings are classified into anti-fingerprint, antimicrobial, anti-fouling and easy-to-clean, self-cleaning (bionic and photocatalytic), and others (specialty and anti-corrosion) nanocoatings. Antimicrobial is the most widely used type of nanocoatings.

 

Key Drivers of Global Photocatalytic Nanocoatings Market

 

·         Growth of automotive and electronics industries is expected to act as driver of the global photocatalytic nanocoatings market during the forecast period

·         Growth of the global coatings sector, rising demand for coatings, and urbanization in member countries of BRIC (Brazil, Russia, India, and China) are anticipated to drive the global market for photocatalytic nanocoatings in the next few years

·         The global photocatalytic nanocoatings market is expected to expand significantly between 2019 and 2027, owing to high demand from global medical and automotive coatings industries

 

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Advantages offered by Photocatalytic Nanocoatings

·         Self-cleaning photocatalytic nanocoatings that utilize UV light are suitable primarily for use onto inorganic surfaces

·         Photocatalytic materials operating at the wavelength of visible light are also significantly adopted worldwide

·         Anti-fogging, antimicrobial or water cleaving, and self-cleaning properties of photocatalytic nanocoatings make them more advantageous

·         Photocatalytic nanocoatings prevent the growth of mold, mildew, or moss. This helps in maintaining marble, stone and granite buildings clean.

·         By simply spraying a nanocoating on the exterior of a building, excellent features can be imparted to the building. Properties such as self-cleaning and air purification along highways allow nanocoatings to be used and sprayed on roads and roadsides.

·         The antimicrobial action of photocatalytic nanocoatings not only destroys surface bacteria, but also kills bacteria in the air around a building. Anti-UV feature of photocatalytic nanocoatings helps them absorb UV rays, thereby protecting the surface from damage caused by UV rays.

·         Antistatic feature of photocatalytic nanocoatings helps them resist the static adsorption of small dust particles, such as ash and coal powder, thereby preventing the surface from damage caused by these particles

 

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Asia Pacific to Dominate Global Photocatalytic Nanocoatings Market

·         Asia Pacific is anticipated to be the most rapidly expanding market for nanocoatings in the next few years. Demand for nanocoatings in Asia Pacific is likely to increase in the near future, due to growth of automotive and electronics industries in the region.

·          Latin America is expected to lead the global photocatalytic nanocoatings market, in terms of revenue, during the forecast period, due to abundance of raw materials, development of ports to ease transportation, increase in educated population, and availability of state-of-the-art production facilities in the region

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Key Manufacturers Operating in Global Market

The global photocatalytic nanocoatings market was highly fragmented in 2018. Major players have strong presence in developing countries in the region. Key manufacturers operating in the global market are:

·         PPG Industries

·         CG2 Nano Coatings

·         TOTO

·         TOYOTA Tsusho Corporation

·         Coating Suisse GmbH

·         Daicel Finechem Limited

·         Advanced Materials-JTJ S.R.O.

·         Bionic Technology Holding BV.

·         Boral Limited

·         Cardinal Glass Industries

·         Ishihara Sangyo Kaisha, Ltd.

·         FN Nano, Inc.

·         Green Earth Nano Science, Inc.

·         Heidelberg Cement

·         Inspiraz Technology PTE Ltd.

·         KON Corporation

·         Nanophos SA

·         Panahome Corporation

·         Taiyo Coatings

·         Nadico Technologies GmbH

·         Nanomagic

·         Well Shield Co., Ltd.

·         NTC Nanotech Coatings GmbH

 

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