According to a recent market study published by Growth Market Reports, titled, “Global Sonochemical Coating Market by Type (Zinc Oxide (ZnO), Silver-Titanium Dioxide (Ag-TiO2), Prussian Blue Nanoparticles (PB-NPs), Silicon Dioxide (SiO2), Copper Oxide (CuO), and Others), Substrate (Cotton, Polyester, Plastic Fibers, Glass, and Others), Technology (Solvent-based and Water-based), End-use (Medical, Consumer Electronics, Automotive, Plastic, Textile, and Others), and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa): Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 53.6 Million in 2022 and is projected to expand at a growth rate of 6.2% by 2031.

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As per Growth Market Reports industry analyst, Gargi Athalye, the global sonochemical coating market is anticipated to register significant growth during the forecast period, 2023-2031. Using a single step, the sonochemical technique forms metal oxide nanoparticles by ultrasound and then simultaneously impregnates the textile fibres with these nanoparticles.

This one-step process, known as sonochemical impregnation, creates nanoparticles in solution simultaneously and applies them to the fabric's surface at such a high speed that they either chemically bond with the textile substrate or, in the event that the fibre lacks functional groups, physically embed the fabric. Huge volumes of textiles are often used in hospitals. This factor is driving the demand for this process.

The sonochemical coating process has the potential to be competitive in terms of both cost and environmental impact when compared to alternative methods for producing antimicrobial textiles. The antibacterial nanoparticles are synthesized in a single step, without the use of hazardous chemicals, and are then impregnated into the textiles using inexpensive precursors. Sonochemically coated antimicrobial textiles are sold in healthcare settings as well as cater to the need of antimicrobial and antifungal goods.

Primary and secondary research methodology is used for keen observation and study of the sonochemical coating market. Primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies to stay updated with the latest market trends & developments. Validation of the estimated market size, and current and future trends is done by the key opinion leaders (KOLs). These KOLs are the CXO level people from key companies in the market and possess experience of around 10-20 years in the market.

Secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The outbreak of coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The pandemic raised concerns among economies and businesses by shifting focus to the online supply of consumer electronic gadgets and automotive components, creating manufacturing issues.

In January, the WHO labeled the COVID-19 outbreak as a public health emergency of global concern and proclaimed it as a global pandemic in March 2020. This deadly virus has become one of the biggest pandemics in human history. The COVID-19 outbreak is a public health emergency that affected almost every industry. The long-term effects of the pandemic are expected to affect the growth of various industries during the forecast period, especially across Eastern Europe, European Union, the US, and Eastern & Central Asia.

As of November 11, 2023, this pandemic had infected over 697,242,234 people, and over 6,933,514 people died from the disease. COVID-19 cases have been registered in more than 231 countries and territories. Many countries are economically weak, while others have poor healthcare systems that affect the economy and life of people.

Key Takeaways from the Study:

  • Key players in the market include Sono-Tek Corporation., Sonaer, NADETECH INNOVATIONS S.L., Ultrasonic Systems, Inc., Siansonic, Hangzhou Precision Machinery Co., Ltd., and Hangzhou Altrasonic Technology Co., Ltd.

Report Sonochemical Coating Market Scope:

Report Metric

Details

Market Value in 2022

USD 53.6 Million

Market Growth Rate (from 2023 to 2031)

6.2%

Historical Data

2016 & 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Type (Zinc Oxide (ZnO), Silver-Titanium Dioxide (Ag-TiO2), Prussian Blue Nanoparticles (PB-NPs), Silicon Dioxide (SiO2), Copper Oxide (CuO), and Others), Substrate (Cotton, Polyester, Plastic Fibers, Glass, and Others), Technology (Solvent-based and Water-based), and End-use (Medical, Consumer Electronics, Automotive, Plastic, Textile, and Others)

Key Companies Profiled

Sono-Tek Corporation., Sonaer, NADETECH INNOVATIONS S.L., Ultrasonic Systems, Inc., Siansonic, Hangzhou Precision Machinery Co., Ltd., and Hangzhou Altrasonic Technology Co., Ltd.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Raw material suppliers and manufacturers

  • Demand Side: Sonochemical moating manufacturing companies

  • Regulatory Side: Concerned government authorities and other regulatory bodies.