Global market for nanotechnology in coatings and adhesives to grow
Tuesday, 4 May 2010
The global market value for nanotechnology in coatings and adhesives is expected to increase to nearly USD 19.2 billion in 2015.
Expected global market development for coatings and adhesives containing nanotechnology. Source: BCC Research, Nanoposts
The global market value for nanotechnology in coatings and adhesives is an estimated USD 3.7 billion in 2010, but is expected to increase to nearly USD 19.2 billion in 2015, for a 5-year compound annual growth rate of 39.3 %. According to a new technical market research report from BCC Research "Nanotechnology in Coatings and Adhesive Applications: Global Markets", coatings, containing nanotechnology, is the largest segment of the market. It is expected to increase at a 5-year CAGR of 39.5 %, from USD 3.4 billion in 2010 to nearly USD 18 billion in 2015. The adhesives segment, containing nanotechnology, is expected to reach a value of USD 1.2 billion in 2015. The market in 2010 is estimated at USD 257 million. The 5-year CAGR is projected to be 36.4 %.
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