Construction

Construction - Overview - Market - Text

The commercial applications of nanotechnology in the field of building and construction include coatings, lighting, and other products such as building insulation and concrete.

Many companies identify themselves as being active in nanotechnology. Where their product is generic with many applications in a wide range of sectors, one of which is construction, their product will often not appear as specific to construction. Here, efforts have been made to identify only products that are building and construction-specific, thereby increasing the relevance (but reducing the number) of products.

Global sales for nanotechnology products in the construction sector were estimated to be USD 1.8 billion in 2013 and are forecast to be USD 4.7 billion in 2019. Much of the growth is expected to be driven by products that have already been commercialised. (BCC Research, 2014)

Nanotechnology can be used in construction in the form of particles, films and coatings, composites, etc. A comparison of global sales estimates by type of nanomaterial shows that solid nanoparticles accounted for the largest share in 2013, with a decrease to almost half its size forecast to 2019. In contrast to that decrease, global sales estimates of both nano-scale thin films and nano-structured monolithics are expected to almost double their share by 2019 (c. 15% to c. 27%). Sales of nanocomposites are projected to almost triple in relative share (4.3% to 11.7%). Carbon nanotubes are currently forecast to play only a marginal role in terms of shares of sales. (BCC Research, 2014)