Nanocoatings Market for Building and Construction Industry Market Research 2020-2024

Technavio has announced its latest market research report titled Global Nanocoatings Market for Building and Construction Industry 2020-2024 (Graphic: Business Wire)

The nanocoatings market for the building and construction industry market is expected to grow by USD 1.33 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic in the nanocoatings market for the building and construction industry market in optimistic, probable, and pessimistic forecast scenarios.

The nanocoatings market for the building and construction industry market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the next normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.

• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.

• Conceptualize scenario-based planning to mitigate future crisis situations.

Nanocoatings market for building and construction industry market is segmented as below:

• End-user

• Building

• Infrastructure

• Geography

• North America

• APAC

• Europe

• MEA

• South America

The nanocoatings market for the building and construction industry market is driven by potential uses of nanocoatings. In addition, other factors such as increasing demand for indoor air quality products are expected to trigger the nanocoatings market for the building and construction industry market toward witnessing a CAGR of over 16% during the forecast period.