BOSTON, MA — (Marketwired) — 08/15/13 — Advances in materials science and nanotechnology have created several new functionalities in coatings, going beyond their original basic protective and decorative attributes. However, mismatched perceptions among coating developers and potential customers still remain, slowing rapid market adoption, according to .
Functional coatings — offering benefits such as antimicrobial in medicine, self-healing in infrastructure, hydrophobic in electronics, and photocatalytic in construction — deliver value over and above the basic decorative and protective functions.
„Functional coatings can significantly enhance the value proposition of the end product but qualification time, cost and durability requirements often temper these benefits,“ said Aditya Ranade, Lux Research Senior Analyst and the lead author of the report titled, „.“
Lux Research analysts examined four coating functionalities — hydrophobic, antimicrobial, photocatalytic, and self-healing — for their applicability and disruptive potential, and assessed 53 innovative small- to medium-sized developers. Among their findings:
Elastic clearcoats can repair scratches to automotive components, and mechano-responsive polymers offer game-changing functionality with their ability to anticipate cracks before they appear. However, most industries rate self-healing coatings as only moderately disruptive, pointing to missed opportunities.
Besides solid technical value, both Nanogate Technologies and Diamon-Fusion International boast solid partnerships and positive momentum. The two firms topped Lux Research-s rating of hydrophobic coating developers, and are strong targets for aerospace, sporting goods, and automotive industry players, which see hydrophobic coatings as impactful.
Hospitals, food processing facilities, animal housing and children-s centers have a clear motivation to reduce spread of diseases. Hence, antimicrobial coatings are seen as highly disruptive in the medical industry.
The report, titled „Beyond Protection: Scouting for Hot Spots in the Emerging Functional Coatings Market,“ is part of the Lux Research and the services.
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit for more information.
Lux Research, Inc. 617-502-5314
Only registered users can comment.
