The global nanocoatings market size was USD 7,825.3 million in 2020 and is projected to reach USD 39,869.2 million by 2028, exhibiting a CAGR of 22.7% during the forecast period.

This information is published by Fortune Business Insights, in its report, titled, “Nanocoatings Market, 2021-2028.”

The growing demand from the construction sector for this material is among the prime aspects fueling market growth. Adoption of the product to encourage sustainability and preserve energy is considerably increasing the market growth. Furthermore, the surging implementation of abrasion-resistant products from the automotive sector is likely to foster the market growth.

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