The global market for nanoengineered surfaces was valued at $183 million in 2012. BCC Research expects the market to reach $799.3 million by 2018 and nearly $2.5 billion by 2022, registering a five-year compound annual growth rate (CAGR) of 27.7% for the period 2012 -2017.
Online PR News – 24-August-2013 – Wellesley, MA – According to a new technical market research report, BIOINSPIRED AND NANOENGINEERED SURFACES: TECHNOLOGIES, APPLICATIONS AND GLOBAL MARKETS (Report code: AVM089A) from BCC Research (www.bccresearch.com), the global market for nanoengineered surfaces was valued at $183 million in 2012. BCC Research expects the market to reach $799.3 million by 2018 and nearly $2.5 billion by 2022, registering a five-year compound annual growth rate (CAGR) of 27.7% for the period 2012 -2017.
Over the past decade, bioinspired structures—ranging from various plant leaves, to insects, gecko feet, crustaceans, and even butterfly wings—have been the subject of intense scrutiny. In many cases scientists have unraveled and replicated the underlying physics and chemistry of these intriguing structures, leading to the prospect of designing artificial ”nanoengineered” surfaces (NES) suitable for a multitude of commercial applications.
Nanoengineered surfaces promise to improve numerous industrial processes as well as a variety of consumer products. For example, commercially existent self-cleaning glass products—which rely on superhydrophilic/photocatalytic coatings—are generating significant revenues. Within the next five years, many commercial market developments are expected in varied areas. These impending commercial developments have enormous business potential. BCC Research provides the first timely market report focusing on nanoengineered surfaces to ascertain where they are currently and where they might be in the next decade.
Based on a comprehensive technical market assessment, this report reveals that the 10-year commercial revenue growth for NES technologies falls under nine main market application sectors: biomedical, automotive, aviation, building and architectural materials, electronics, energy, optics, textiles, and others. By far the largest market both today and over the next decade is in building materials, with developments in self-cleaning glass and cement, and anti-glare aluminum and plastic building products.
Electronics, the second largest market, anticipates developments in superhydrophobic waterproofing and oleophobicity for hearing aids, mobile communication devices, and nanotextured LCD panels for retail displays.
This latest technical assessment and business analysis report is designed for individuals and organizations seeking more insight into the current status of nanoengineered surfaces in terms of their stand-alone capabilities, applications, and time-to-market commercial development. The report should prove particularly valuable to development technologists, manufacturers and business investors seeking near-term commercialization opportunities, and companies interested in exploiting the unique capillary and optical interaction phenomena provided by NES.