Customers across industries are demanding multifunctional coating technologies that provide enhanced and extended protection of substrates in various end-use applications. In particular, nanocoatings will see increased adoption from industries such as automotive, oil and gas, and consumer electronics that seek innovative protective properties. Both end users and original equipment manufacturers (OEMs) are attracted to nanocoatings’ unique surface properties (not available from conventional coatings), such as high optical transparency, toughness, hardness, and wear resistance. Beyond the main performance benefits, nanocoatings can incorporate additional functionalities and aesthetic appeal.
Technology developers are focused on providing customized nanocoatings for various industries. For instance, companies are commercializing lightweight nanocoating formulations for automotive applications to align with the light-weighting trend. The need for waterproofing in electronic devices (printed circuit boards [PCBS], Internet of Things [IoT], mobile phones) and anticorrosion in infrastructure is propelling the adoption of nanocoatings with hydrophobic and anticorrosion properties in the electronics and oil and gas industries, respectively. Some emerging applications for nanocoatings include robotics, IoT infrastructure, and manufacturing.
With more than 30 companies developing nanocoating technology and driving its application scope, Frost & Sullivan independently plotted the top 23 companies in this Frost Radar™. Our analysis reveals the market positioning of each company using its Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to spur growth.
Strategic Imperative
Strategic Imperative (continued)
Growth Environment
Growth Environment (continued)
Frost Radar™: Nanocoatings Technology
Frost Radar™
Frost Radar™
Aalberts Surface Technologies GmbH, Germany
Aculon Inc., US
AnCatt Inc., US
Carbodeon Ltd Oy, Finland
DAW SE, Germany
Europlasma NV, Belgium
Hempel, Denmark
HZO Inc., US
ICP Group, US
IGL Coatings, Malaysia
Integran Technologies Inc., Canada
Modumetal Inc., US
Nanofilm Technologies International Ltd, Singapore
Nanogate SE, Germany
Nanophase Technologies Corporation, US
Nanovere Technologies, LLC, US
NANO-X GMBH, Germany
NEI Corporation, US
NTC Nano Tech Coatings GmbH, Germany
P2i Limited, UK
SDC Technologies Inc., US
Tesla Nanocoatings Inc, US
Yamaha Motor Co., Ltd., Japan
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Aarthi Janakiraman |
| Industries | Chemicals and Materials |
| WIP Number | D9ED-01-00-00-00 |
| Is Prebook | No |
Frost Radar™: Global Nanocoatings Technology, 2021
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
28-Jul-2021
Global
Frost Radar
