Industry News / Breaking News

U.S. Demand for Nanotechnology in Construction Applications to Approach $100 Million in 2011

CLEVELAND, OH – While current use is limited (demand in 2006 totaled less than $20 million in the United States), the market for nanomaterials used in construction is projected to reach $100 million in 2011 and approach $1.75 billion by 2025. Nanomaterials offer a myriad of improved performance properties for adhesives, concrete, coatings, flooring, glass, lighting equipment, plumbing fixtures and other construction products. These and other trends are presented in Nanotechnology in Construction, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.

Coatings are expected to constitute the largest application for nanomaterials in construction. Architectural paints, water sealers and deck treatments, and treatments applied during fabrication, such as scratch-resistant coatings on vinyl or wood flooring, all present substantial market opportunities for nanomaterials. Performance attributes that make them useful in coatings applications include transparency, photoreactivity, UV blocking, and stain and odor resistance. Additionally, they can be used in coatings that create self-cleaning surfaces similar to those now being engineered into window glass and plumbing fixtures.

Nanotechnology in Construction (published 05/2007, 175 pages) is available for purchase from The Freedonia Group. For further details, visit www.freedoniagroup.com.

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