Sol Gel Nanocoating Market- Global Industry Analysis, Trends And Forecast 2014 - 2022

by TMR
Sol Gel Nanocoating Market- Global Industry Analysis, Trends And Forecast 2014 - 2022
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Covering of a material in scale of nanometers to form structured material or nanocomposites using the sol gel process is known as sol gel nanocoating. In the sol gel process, coating is done by forming templates of spherical nanoparticles of complex shapes of some nanometer or micrometer in size. Sol gel process is among the most complex coating processes and is typically used for applications such as information storage and catalysis among others.
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Sol gel process typically involves development of inorganic nanoscale network over a continuous liquid phase by formation of colloidal suspension followed gelation of sol. Condensation reactions and controlled hydrolysis are among the essential factors in the sol gel technique. Sol gel technique is among the foremost techniques used for high quality transparent thin films. Furthermore, powders, monoliths, membranes and porous gels are fabricated using the sol gel technique. Polymer materials compounded or mixed with nanosize organic or inorganic filler materials are among materials used for coatings. The type of material to be used is decided based on the end user industry and interaction of materials with each other is studied and calibrated for higher efficiency. Interaction of materials on nano level determines the efficiency of the coating.
Sol gel can applied to the surface using several techniques including spraying, coating, brushing, spraying and dip among others. Depending on the employed technique, thickness of the coating in sol gel coating typically varies between 0.1 to 10 micro meters. Several material can be coated with sol gel technique including ceramic, metallic, polymers and organic materials such as paper, fibers and wood among others. Sol gel technique is employed to enhance several properties of a material including high abrasion and scratch resistance, photocatalytics, moisture control and surface energy modification among others. 
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End user industries for sol gel include aerospace, automotive, electronics, energy and marine among several others. Aerospace is the most dominant end user segment for sol gel coating and the trend is anticipated to continue during the forecast period. High efficiency and high level of accuracy required in the aviation industry is among the foremost drivers for sol gel coatings in the aviation industry. Several end user industries for sol gel nanocoating include consumer industries such as electronics and automotives. Therefore, demand for sol gel nanocoating is profoundly dependent on the overall macroeconomic factors prevalent in a region. High cost and complexity in applying are among major factors restraining growth for so gel nanocoatings. Research and development activities to develop low cost processes and material are expected to offer huge growth opportunity in the market.
North America followed by Europe dominates the global demand for sol gel nanocoating market. Moreover, the demand for sol gel nanocoatings in Europe and North America is anticipated to grow at a sluggish rate during the forecast period. Asia Pacific is anticipated to be the fastest growing region in the global nanocoatings market during the forecast period. Increasing demand for sol gel nanocoating for health care applications is anticipated to be among foremost factors fuelling demand for sol gel nanocoatings.
Sol gel nanocoating market is driven by innovation and major players compete by increasing their research and development activities to meet the dynamic demand of end consumers. Major players in the sol gel nanocoating market include Bio-Gate AG, Buhler PARTEC GmbH, Cima NanoTech Inc., Eikos Inc and Inframat Corporation among others.
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