Report Predicts Market for Self-Cleaning Materials to Reach $3.3 Billion
GLEN ALLEN, VA - A new report by n-tech Research, titled Markets for Self-Cleaning Coatings and Surfaces: 2015 to 2022, has been released. According to the report, the market for self-cleaning materials will grow to around $3.3 billion by 2020.
This report provides a roadmap for the technological evolution of self-cleaning materials, showing how self-cleaning technology will evolve over the next eight years. It also provides an eight-year forecast in both revenue and volume terms of shipments of next-generation self-cleaning materials. These include hydrophobic, hydrophilic, electrostatic and catalytic materials. The report also covers multifunctional materials that combine self-cleaning materials with other functionalities, notably antimicrobial and self-healing materials.
The report also examines the product/market strategies related to self-cleaning materials of both large multinationals and the many startups that have already dipped a toe into the self-cleaning business. Applications discussed in this report include construction, energy, transportation, consumer products, textiles and clothing, medical, military and other.
Self-cleaning will find its biggest market in the construction industry, where it will generate $1.6 billion in revenues by 2020, boosted by new self-cleaning architectural components such as metal building panels as well as self-cleaning concrete. Self-cleaning building materials will find their greatest market in exterior surfaces where they have demonstrable functional benefits, such as improved light transmission and energy efficiency.
The self-cleaning materials market is currently dominated by mature hydrophobic and hydrophilic technologies, which account for 94 percent of the revenues in this sector. Despite concerted efforts to improve this technology, conventional hydrophobic and hydrophilic technologies will have fallen to a 64 percent share of total revenues by 2020.
Future opportunities in the self-cleaning materials space will be based on new technology directions, especially novel catalysts for both photocatalytic surfaces and thermally driven self-cleaning purposes. This technology direction is expected to clock up more than $500 million in 2020. In addition, self-cleaning layers are expected to be widely used in multi-layer surfaces that also include anti-corrosion, antimicrobial and self-healing technology, leading to an additional $230 million in 2020.
Details about the report are available at http://ntechresearch.com/market_reports/markets-for-self-cleaning-coating-and-surfaces-2015-to-2022