Key Findings
The North American market for nanocoatings has a broad range of applications in the automotive sector owing to the increasing usage of nanocoatings in various end user industries. The market is growing significantly at 21.64% CAGR over the forecasting years of 2019-2027.

Market Insights
The United States and Canada are major countries considered for the market study. The demand for the corrosion resistive nanocoatings products is a major driver for the market in the U.S. Though, the corrosion related cost has lowered in the past few years, with the development of new materials, the demand for corrosion preventive measures is still considerable high across various industrial segments. The Canadian automotive industry is the eighth largest automotive industry in the world and is a major contributor to the country’s economy which further drive the demand for nanocoatings in Canada. Also, the aerospace sector of Canada is one of the two major industries in the country as the country has a number of global aerospace companies. The automotive industry has a strong demand for anti-fingerprint, wear resistant, U.V. resistant and anti-corrosive nanocoatings. The Canadian aerospace industry uses these nanocoatings, along with a few others, such as anti-icing, and flame retardant nanocoatings.

Competitive Insights
Eikos Inc., PPG Industries Inc., AkzoNobel N.V., Nanofilm Ltd. (Pen Inc.), Nilima Nanotechnologies, Aquashield Technologies, Admat Innovations, CG2 Nanocoatings Inc., Inframat Corporation, Nanophase Technologies Corporation, Nano-Care AG, Bio-Gate (Syntosbeteiligungs Gmbh), Nanovere Technologies LLC, Integran Technologies, P2i Ltd., Surfix BV-Advanced Nanocoatings, Tesla Nanocoatings and BASF are the major market players operating in the North America.