Rising Demand for Advanced Coatings from Numerous Industries to Drive Growth of Graphene Nanocoatings Market

Graphene-enhanced products are yet to reach widespread commercialization. Given graphene’s impressive array of properties and research and development (R&Ds) activities in the graphene-enhanced coatings are trying to develop novel products. The Sixth Element Materials, a Chinese company that focuses on R&D, mass production and sales of graphene and related materials, showcased its graphene-zinc anti-corrosion primer used for offshore wind power tower, that can come at a competitive price compared with zinc rich epoxy primer.
Graphene is a two-dimensional layer of carbon atoms. It is arranged in the form of a honeycomb lattice. Graphene has attracted significant attention in the coatings industry due to its unique electronic, optical, and mechanical properties. Graphene nanocoatings play an important role in the development of new and advanced protective coatings due to their chemical resistance, gas impermeability, adsorption capacity, anti-bacterial properties, mechanical strength, lubricity, and thermal stability. 
Graphene nanocoatings are hydrophobic, conductive, and chemically resistant; hence, the usage of these nanocoatings is expected to increase significantly in the near future. Hydrophobic graphene nanocoatings are used in ship hulls, glass surfaces, and textiles. Graphene nanocoatings can act as protective coatings with advanced properties. Besides these applications, graphene nanocoatings are used in more efficient and flexible solar cells, nanoelectronic devices, supercapacitors, high sensitivity gas sensors, molecular separators, and medical implants.
Here are some of the key factors influencing growth of the Graphene Nanocoatings Market: 
Rise in demand for anticorrosion coatings is fuelling the expansion of the global graphene nanocoatings market. Graphene nanocoatings provide alternative path for electrons to travel and retard the overall corrosion process. Graphene can be used as a component in various industrial additives. Increase in demand for additives in the paints & coatings industry is propelling the graphene nanocoatings market. Rise in demand for protective coatings in the marine sector is another key factor driving the graphene market. Demand for protective coatings in the aerospace industry is also on the rise. This is anticipated to boost the graphene nanocoatings market. 
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However, the limitation in scaling up and high costs are projected to restrain the market. Manufacturers have launched graphene based series of paints & coatings. These are strong and also act as protective layers against environmental damage. 
Demand for graphene nanocoatings in the automotive industry is also increasing due to the rise in demand for more durable structural components. Graphene nanocoatings can also be used for coating medical implants. Thus, increase in demand for advanced coatings in various sectors is augmenting the graphene nanocoatings market.
Key players operating in the global graphene nanocoatings include Graphenano, The British Electro Conductive Products, and Siansonic Technology Co., Ltd.
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Rohit Bhisey

An AVP at the Marketing department at Transparency Market Research, Rohit has his fingers firmly placed on the pulse of the business world. He has a keen eye for any new development that could rock our world. He is adept at strategizing to boost web traffic and generate new leads. He is also an expert in Google Analytics, something which he feels could go a long way in getting sites more traction by providing necessary insights. Rohit is a Bachelor in Computer Science from the Pandit Ravishankar Shukla University and takes keen interest in writing news articles on technology, business, and healthcare.

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