Demand for smart coatings market in automotive & transportation, aerospace & defense, marine, and building & construction end-use industries is high, especially in China, India, and Brazil. New emerging technologies and innovations drive the demand for smart coatings in these industries. The APAC smart coatings market is expected to witness strong growth in the next five years.
Download Brochure of Smart Coatings Market spread across 133 Pages, Profiling 16 Companies and Supported with 86 Tables and 33 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1385361 .
The smart coatings market is estimated at USD 2.15 Billion in 2017 and is projected to reach USD 6.27 Billion by 2022, at a CAGR of 23.87%. The market is driven by the wide use of smart coatings in different end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction.
Key Target Audience:
- Smart Coatings Manufacturers
- Raw Material Suppliers
- Traders, Distributors, and Suppliers of Smart Coatings
- Regional Manufacturer Associations and General Smart Coatings Associations
- Government & Regional Agencies and Research Organizations
- Investment Research Firms
Smart coatings market have distinct properties, and different types of smart coatings are used in various industries based on the requirements.
Therefore, the smart coatings market growth is dependent on its various end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction. There is a growing demand for smart coatings for anti-corrosion, anti-fouling, self-cleaning applications from the end-use industries.
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APAC is estimated to account for the largest share of the smart coatings market in 2017, in terms of volume and value. The market in this region is also projected to register the highest CAGR between 2017 and 2022, in terms of value.
The APAC smart coatings market is driven by high economic growth and heavy investments in industries such as automotive & transportation, marine, and building & construction.
1 Attractive Opportunities for Market Players
2 Smart Coatings Market, By Layer
3 Smart Coatings Market, Developed vs Developing Countries
4 APAC Smart Coatings Market Share, By End-Use Industry and Country
5 Smart Coatings Market, By Function
6 Smart Coatings Market Growth, By Countries
Key players operating in the smart coatings market include AkzoNobel N.V. (Netherlands), PPG Industries (US), Axalta Coatings Systems (US), The Sherwin-Williams Company (US), Jotun A/S (Norway), RPM International (US), Hempel A/S (Denmark), and NEI Corporation (US).
Diverse product portfolios, strategically positioned R&D centers, continuous adoption of developmental strategies, and technological advancements are factors strengthening the market position of these companies.
“Smart Coatings Market by Function (Anti-Corrosion, Anti-Icing, Anti-Microbial, Anti-Fouling, Self-Healing, Self-Cleaning), Layer (Single, Multi), End-Use (Automotive & Transportation, Aerospace & Defense, Marine), and Region - Global Forecast to 2022” report at www.rnrmarketresearch.com/contacts/?rname=1385361 .
The smart coatings market report covers segmentation by function (anti-corrosion, anti-icing, anti-microbial, anti-fouling, self-healing, and self-cleaning), layer (single layer, multi-layer), end-use industry(automotive & transportation, aerospace & defense, marine, and building & construction), and region (North America, Europe, APAC, Middle East & Africa, and South America). The end-use industry segment is further analyzed for each country in the respective regions.
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