The global nanocoatings market is estimated to grow at a CAGR of 22% during the forecast period. The major factors contributing to the growth of the market include the superior properties of nanocoatings and increasing application in the automobile and construction industry. The increasing demand for nanocoatings technology has been primarily witnessed owing to their excellent abilities. It offers multiple benefits, which include long-term and/or high-temperature corrosion resistance, surface hardness, adhesive strength, etc. Surface protection, including antimicrobial activity, liquid repellence, stain resistance, delivery of biologically active agents, and odor control can also be a major property that supports its application in automotive and biotextiles.