DUBLIN--(BUSINESS WIRE)--The "Global
Smart Coatings Market Size, Market Share, Application Analysis, Regional
Outlook, Growth Trends, Key Players, Competitive Strategies and
Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's
offering.
The global Smart Coatings market was valued at US$
2,257.5 million in 2017, and is expected to show a CAGR of 20.5% 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.
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.
Automotive
& transportation was the leading end-use industry in terms of volume
consumption in 2017. This is attributed to rising application of smart
coatings in the exterior application in the automotive industry owing to
advanced properties such as anti-corrosion, self-cleaning, and
self-healing.
By type, anti-corrosion coatings accounted for
the largest market share in 2017, owing to its wide acceptance in the
two major end-use industries; automotive & transportation and
construction across the globe. Furthermore, the rapid expansion of
applications of smart coatings in end-use industries such as textile,
healthcare, energy, etc. has resulted in the growth of the Smart
Coatings market in this region.
Key Topics Covered
Chapter
1. Preface
Chapter 2. Executive Summary
Chapter 3.
Market Overview
Chapter 4. Global Smart Coatings Market, by
Coating Type, 2016-2026 (Kilo Ton, US$ Mn)
Chapter 5. Global
Smart Coatings Market, by End-use Industry, 2016-2026 (Kilo Ton, US$ Mn)
Chapter
6. Global Smart Coatings Market, by Geography, 2016-2026 (Kilo Ton, US$
Mn)
Chapter 7. Company Profiles
- 3M
- The Sherwin-Williams Company (US)
- RPM International
- Axalta Coatings Systems
- Hempel A/S
- Jotun A/S
- NEI Corporation
- PPG Industries
- Dow Corning
- Akzonobel N.V.
For more information about this report visit https://www.researchandmarkets.com/research/8sh2x5/global_smart?w=4
