Smart Coatings market: Global Market Size, Industry Share, Trends and Forecast 2026

The Smart Coatings market wealth was US$ 2,257.5 Mn in 2017, and will reach US$ xx Mn 2026, with a CAGR of 20.5% during 2018-2026. Based on the Smart Coatings industrial chain, this report mainly refines the definition, types, applications and major players of Smart Coatings market in details. Wide analysis about market status (2018-2026), advantages and disadvantages of enterprise Products, regional industrial layout characteristics and macroeconomic policies, enterprise competition pattern, industry development trends (2018-2026), industrial policy has also be included. From raw materials to downstream buyers of this industry will be explained accurately, the feature of product circulation and sales channel will be shown as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Smart Coatings market.

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Market Insights

Smart Coatings market size was valued at US$ 2,257.5 Mn in 2017, growing with a CAGR of 20.5% during the forecast period from 2018 to 2026. Smart coatings are custom prepared to meet the varying demand from end-use industries such as automotive & transportation, construction, consumer electronics, aerospace & defense, marine, etc. Their ability to respond quickly to external stimuli and rising application in different end-use industries owing to their outstanding features are the key factors driving the market. Features such as self-cleaning, corrosion resistance, color switch, etc. are obtained by the use of various nanomaterial such as carbon black, organic-inorganic hybrid polymers, tungsten oxide, zinc or aluminum coated with nano-TiO2, etc. to achieve higher opacity, better interaction between coating and surface and higher durability of the coating. Although, the smart coating is the niche market, however, improved products demand from customers has catapulted its demand. Smart coatings are gaining traction with the advent of new technologies such as nanotechnology, conductive materials, micro-encapsulation, self-healing and self-assembling systems, further enhancing their functionalities. These technologies are enabling coatings to deliver added performance beyond aesthetics and protection. Constant R&D by the leading players have resulted in the development of lightweight and eco-friendly smart coatings, thereby further boosting the market. However, slow mass adoption due to the high cost of these multifunctional coating may act as a restraining factor for Smart Coatings market

Major Players in Heading Indicators market are:

3M Company (U.S.), The Dow Chemical Company (U.S.), The Sherwin-Williams Company (US), RPM International (US), Axalta Coatings Systems (US),  AkzoNobel N.V. (Netherlands), Hempel A/S (Denmark), Jotun A/S (Norway), NEI Corporation (US), and PPG Industries (US).

Regions play vital role in Heading Indicators market are:

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

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