Smart coatings are coatings designed to impart functionality to the applied surfaces. Smart coatings can actively sense and respond to external environmental stimuli such pressure, temperature, light, and heat and react with an appropriate response. Nano materials have recently emerged useful in providing improved functionality in making such coatings. There are smart coatings for corrosion resistance, self-healing, antimicrobial, self-cleaning, and others.
The smart coatings market is anticipated to grow in the forecast period owing to driving factors such as growing demand from end-user industries. Moreover, superior properties of smart coatings are likely to propel market growth. However, stringent environmental regulations and high cost of smart coatings may restrict market growth over the forecast period. The market is likely to showcase opportunities for major market players on account of growing demands for low-maintenance products during the forecast period.
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Top Companies profiled in this report includes, 3M, AnCatt, BASF SE, Bayer AG, DuPont, Eastman Chemical Company, Industrial Nanotech, Inc., Jotun, Tesla NanoCoatings, The Dow Chemical Company among others.
The global smart coatings market is segmented on the basis of function, layer and end use. Based function, the market is segmented as anti-corrosion, anti-icing, anti-microbial, anti-fouling, self-healing, self-cleaning, others smart coatings. On the basis of layer the market is segmented as single layer and multi-layer. The market on the basis of the end use is classified as automotive & transportation, marine, building and construction, aerospace & defense, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart coatings market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart coatings market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The overall Smart Coatings market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Smart Coatings market.
Key highlights of the global Smart Coatings market for the forecast years 2019-2022:
- CAGR of the market during the forecast period 2019-2022
- Detailed information on factors that will accelerate the growth of the Smart Coatings market during the next five years
- Precise estimation of the global Smart Coatings market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the Smart Coatings industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the Smart Coatings companies
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Company: The Insight Partners
Contact: Sameer Joshi