SOL GEL NANOCOATING MARKET ANALYSIS

Sol Gel Nanocoating MarketSize and Trends

Market Outlook

Global sol gel nanocoating market size is projected to expand significantly over the forecast period (2019-2027), owing to growing use in end-use industries including electronics, automotive, aerospace, marine, energy, etc. Aerospace contributes to the largest share in the market, owing to high efficiency and high-level accuracy of sol gel nanocoating. High accuracy and high efficiency are required in the aviation industry, which is increasing the demand for sol gel nanocoating and hence propel the market growth. Moreover, growing use of sol gel nanocoating in consumer industries such as electronics and automotive, owing to its various characteristics such as surface energy modification, high abrasion resistance, moisture control, scratch resistance, and more are expected to boost the market growth. Moreover, sol gel nanocoating can be used on a variety of materials such as paper, ceramic, metallic, wood, fibers, and polymers, which is expected to increase its demand and thereby propel growth of the market.