Global Nanocoatings Market: Rising Demand from Medical and Healthcare Sector to Push Growth at 24.7% CAGR During 2013-2019

Albany, NY -- (SBWIRE) -- 08/21/2015 -- Nanocoating or nano sealing is a chemical process that refers to designing surfaces with certain desired characteristics. Nano structures build a consistent network of molecules on a surface and can make the surface either a hydrophobe or a hydrophil. On a hydrophobic surface, water is repelled and flows away immediately, whereas on a hydrophilic surface, water builds a plain film on the surface. Increasing demand for medical device coatings is expected to propel the global nanocoatings market. The overall market is estimated to grow positively at a CAGR of 24.7% during the period between 2013 and 2019 and reach a valuation of US$6.75 billion by 2019.