Product Code: A47249
The sonochemical coatings market attained $65.4 million in 2021 and is projected to reach $148.7 million by 2031, growing at a CAGR of 8.7% from 2022 to 2031.
Sonochemistry is typically employed for the synthesis of nanomaterials and surface functionalization, i.e., increasing the accessible surface area for processing. The sonochemical coating is an innovative, eco-friendly, low-velocity spray coating that produces homogeneous, protective, and functional micron-thin coatings without clogging. Sonochemical coatings are manufactured using ultrasonic processing. When bubbles are monitored by ultrasonic processing, chemiluminescence has been widely used in acoustic cavitation. During the manufacturing of paints and high-performance coatings, ultrasonic processing is utilized to disperse, de-agglomerate, and grind pigment particles into nanoparticles. These pigments, which are typically granules of metal oxide, impart color when dispersed in the proper media. The size of these pigments is a crucial aspect in determining the final finish's qualities. Sonochemical coatings lower the particle size to guarantee uniformity.
Increased public awareness of eco-friendly products has led manufacturers across industries to create more efficient coatings. The adoption of sonochemical coatings in industries such as building & construction, electronics, and automotive is anticipated to boost the market share of sonochemical coatings. Sonochemical coatings are utilized in the production of displays, glass, and fuel cells because they are resistant to corrosion and require little maintenance. Sonochemical coatings are ideally suited for use in building and construction applications because of their resistance to microbes, extended lifespan, and protection against stains, unpleasant odors, and biofilm formation. Thus, the increasing demand from the construction industry is driving the demand for sonochemical coatings.
Sonochemical coatings based on solvents emit volatile organic compounds (VOC) into the environment, causing damage to the environment and compromising human health. VOCs, which are carbon compounds that turn to gas at room temperature, are the primary cause of air pollution. To limit the emission of volatile organic compounds (VOCs), governments across the globe are developing a variety of regulatory measures. For instance, to limit VOC emissions, the Hong Kong government has established legislation that restricts the sale of VOC-emitting products that exceed the national norm. Thus, the emission of volatile organic compounds into the atmosphere by solvent-based sonochemical coatings restricts market expansion.
However, Emerging economies are making major investments in infrastructure development and other long-term activities. The markets in Asia-Pacific, particularly India and China, present considerable opportunities for manufacturers of water-based coatings. The increasing income and purchasing power of the population in the emerging countries of Asia-Pacific and other emerging regions is boosting investment in the automotive, electrical, and electronics industries, as well as other sectors. Many opportunities are available for the maker of water-based coatings to capitalize on the economic growth of rising markets such as China, Brazil, India, and Russia, which are spending considerably on the automotive and electrical sectors. Thus, the increasing use of water-based coatings in developing countries presents lucrative opportunities for the market for sonochemical coatings.
The sonochemical coatings market is segmented into type, substrate, technology end-user and region. Depending on the type, the market is divided into silver-titanium dioxide (Ag-TiO2) , prussian blue nanoparticles (PB-NPs), copper oxide (CuO), zinc oxide (ZnO), silicon dioxide and others. On the basis of substrate, it is categorized into cotton, plastic, metal and others. On the basis of technology, it is categorized into water-based and solvent-based. On the basis of the end-use industry, it is divided into medical, textile, consumer electronics, automotive, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global sonochemical coatings market are Sono-Tek Corporation, Ultrasonic Systems, Inc., Sonaer Inc., NOANIX, NADETECH INNOVATIONS S.L., Hielscher Ultrasonics GmbH, CHEERSONIC UlLTRASONICS EQUIPMENTS CO., LIMITED, MTI Corporation, Ralsonics, Siansonic Technology Co., Ltd. Other players operating in the market are Optosense, Advanced Oncotherapy PLC, Danfysik A/S, Hitachi, Ltd, IBA Worldwide and Mevion Medical Systems, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sonochemical coatings market analysis from 2021 to 2031 to identify the prevailing sonochemical coatings market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the sonochemical coatings market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global sonochemical coatings market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Silver-Titanium Dioxide (Ag-TiO2)
- Prussian Blue Nanoparticles (PB-NPs)
- Copper Oxide (CuO)
- Zinc Oxide (ZnO)
- Silicon Dioxide (SiO2)
- Others
By End-use industry
- Medical
- Textile
- Consumer Electronics
- Automotive
- Others
By Substrate
- Cotton
- Plastic
- Metal
- Others
By Technology
- Water based
- Solvent Based
By Region
- North America
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Sono-Tek Corporation
- Ultrasonic Systems, Inc.
- Sonaer Inc.
- NOANIX
- NADETECH INNOVATIONS S.L.
- Hielscher Ultrasonics GmbH
- CHEERSONIC UlLTRASONICS EQUIPMENTS CO.,LIMITED
- MTI Corporation
- Siansonic Technology Co., Ltd.
- Ralsonics
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate bargaining power of buyers
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate threat of new entrants
- 3.3.5. High intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increased demand from the construction industry
- 3.4.1.2. Increasing demand from the healthcare industry
- 3.4.2. Restraints
- 3.4.2.1. Stringent volatile organic compound rules
- 3.4.3. Opportunities
- 3.4.3.1. Increasing use of water-based coatings in emerging economies.
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Key Regulation Analysis
- 3.7. Patent Landscape
- 3.8. Pricing Analysis
- 3.9. Value Chain Analysis
CHAPTER 4: SONOCHEMICAL COATINGS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Silver-Titanium Dioxide (Ag-TiO2)
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Prussian Blue Nanoparticles (PB-NPs)
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Copper Oxide (CuO)
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Zinc Oxide (ZnO)
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Silicon Dioxide (SiO2)
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Others
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
CHAPTER 5: SONOCHEMICAL COATINGS MARKET, BY SUBSTRATE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Cotton
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Plastic
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Metal
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
CHAPTER 6: SONOCHEMICAL COATINGS MARKET, BY TECHNOLOGY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Water based
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Solvent Based
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: SONOCHEMICAL COATINGS MARKET, BY END-USE INDUSTRY
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Medical
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Textile
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Consumer Electronics
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Automotive
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Others
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
CHAPTER 8: SONOCHEMICAL COATINGS MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Type
- 8.2.3. Market size and forecast, by Substrate
- 8.2.4. Market size and forecast, by Technology
- 8.2.5. Market size and forecast, by End-use industry
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Type
- 8.2.6.1.3. Market size and forecast, by Substrate
- 8.2.6.1.4. Market size and forecast, by Technology
- 8.2.6.1.5. Market size and forecast, by End-use industry
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Type
- 8.2.6.2.3. Market size and forecast, by Substrate
- 8.2.6.2.4. Market size and forecast, by Technology
- 8.2.6.2.5. Market size and forecast, by End-use industry
- 8.2.6.3. Mexico
- 8.2.6.3.1. Key market trends, growth factors and opportunities
- 8.2.6.3.2. Market size and forecast, by Type
- 8.2.6.3.3. Market size and forecast, by Substrate
- 8.2.6.3.4. Market size and forecast, by Technology
- 8.2.6.3.5. Market size and forecast, by End-use industry
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Type
- 8.3.3. Market size and forecast, by Substrate
- 8.3.4. Market size and forecast, by Technology
- 8.3.5. Market size and forecast, by End-use industry
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Germany
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Type
- 8.3.6.1.3. Market size and forecast, by Substrate
- 8.3.6.1.4. Market size and forecast, by Technology
- 8.3.6.1.5. Market size and forecast, by End-use industry
- 8.3.6.2. France
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Type
- 8.3.6.2.3. Market size and forecast, by Substrate
- 8.3.6.2.4. Market size and forecast, by Technology
- 8.3.6.2.5. Market size and forecast, by End-use industry
- 8.3.6.3. Italy
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Type
- 8.3.6.3.3. Market size and forecast, by Substrate
- 8.3.6.3.4. Market size and forecast, by Technology
- 8.3.6.3.5. Market size and forecast, by End-use industry
- 8.3.6.4. UK
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Type
- 8.3.6.4.3. Market size and forecast, by Substrate
- 8.3.6.4.4. Market size and forecast, by Technology
- 8.3.6.4.5. Market size and forecast, by End-use industry
- 8.3.6.5. Spain
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Type
- 8.3.6.5.3. Market size and forecast, by Substrate
- 8.3.6.5.4. Market size and forecast, by Technology
- 8.3.6.5.5. Market size and forecast, by End-use industry
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Key market trends, growth factors and opportunities
- 8.3.6.6.2. Market size and forecast, by Type
- 8.3.6.6.3. Market size and forecast, by Substrate
- 8.3.6.6.4. Market size and forecast, by Technology
- 8.3.6.6.5. Market size and forecast, by End-use industry
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Type
- 8.4.3. Market size and forecast, by Substrate
- 8.4.4. Market size and forecast, by Technology
- 8.4.5. Market size and forecast, by End-use industry
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Type
- 8.4.6.1.3. Market size and forecast, by Substrate
- 8.4.6.1.4. Market size and forecast, by Technology
- 8.4.6.1.5. Market size and forecast, by End-use industry
- 8.4.6.2. India
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Type
- 8.4.6.2.3. Market size and forecast, by Substrate
- 8.4.6.2.4. Market size and forecast, by Technology
- 8.4.6.2.5. Market size and forecast, by End-use industry
- 8.4.6.3. Japan
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Type
- 8.4.6.3.3. Market size and forecast, by Substrate
- 8.4.6.3.4. Market size and forecast, by Technology
- 8.4.6.3.5. Market size and forecast, by End-use industry
- 8.4.6.4. South Korea
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Type
- 8.4.6.4.3. Market size and forecast, by Substrate
- 8.4.6.4.4. Market size and forecast, by Technology
- 8.4.6.4.5. Market size and forecast, by End-use industry
- 8.4.6.5. Australia
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Type
- 8.4.6.5.3. Market size and forecast, by Substrate
- 8.4.6.5.4. Market size and forecast, by Technology
- 8.4.6.5.5. Market size and forecast, by End-use industry
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Key market trends, growth factors and opportunities
- 8.4.6.6.2. Market size and forecast, by Type
- 8.4.6.6.3. Market size and forecast, by Substrate
- 8.4.6.6.4. Market size and forecast, by Technology
- 8.4.6.6.5. Market size and forecast, by End-use industry
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Type
- 8.5.3. Market size and forecast, by Substrate
- 8.5.4. Market size and forecast, by Technology
- 8.5.5. Market size and forecast, by End-use industry
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Brazil
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Type
- 8.5.6.1.3. Market size and forecast, by Substrate
- 8.5.6.1.4. Market size and forecast, by Technology
- 8.5.6.1.5. Market size and forecast, by End-use industry
- 8.5.6.2. South Africa,
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Type
- 8.5.6.2.3. Market size and forecast, by Substrate
- 8.5.6.2.4. Market size and forecast, by Technology
- 8.5.6.2.5. Market size and forecast, by End-use industry
- 8.5.6.3. Saudi Arabia
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Type
- 8.5.6.3.3. Market size and forecast, by Substrate
- 8.5.6.3.4. Market size and forecast, by Technology
- 8.5.6.3.5. Market size and forecast, by End-use industry
- 8.5.6.4. Rest of LAMEA
- 8.5.6.4.1. Key market trends, growth factors and opportunities
- 8.5.6.4.2. Market size and forecast, by Type
- 8.5.6.4.3. Market size and forecast, by Substrate
- 8.5.6.4.4. Market size and forecast, by Technology
- 8.5.6.4.5. Market size and forecast, by End-use industry
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2021
CHAPTER 10: COMPANY PROFILES
- 10.1. Sono-Tek Corporation
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
- 10.2. Ultrasonic Systems, Inc.
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.3. Sonaer Inc.
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.4. NOANIX
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.5. NADETECH INNOVATIONS S.L.
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.6. Hielscher Ultrasonics GmbH
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.7. CHEERSONIC UlLTRASONICS EQUIPMENTS CO.,LIMITED
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.8. MTI Corporation
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.9. Siansonic Technology Co., Ltd.
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.10. Ralsonics
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio