Frost Radar™: Global Nanocoatings Technology, 2021

Chemicals and Materials Frost Radar™: Global Nanocoatings Technology, 2021

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines


RELEASE DATE
28-Jul-2021
REGION
Global
DELIVERABLE TYPE
Frost Radar

RESEARCH CODE
D9ED-01-00-00-00
SKU
CM01888-GL-TR_25618
Yes
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Frost Radar™: Global Nanocoatings Technology, 2021
Published on: 28-Jul-2021 | SKU: CM01888-GL-TR_25618

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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

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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.

Have questions about this research or need deeper insights?
Speak directly with our analytics experts for tailored recommendations.

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Impacting your company's future growth potential.

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.
More Information
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