Pune, India -- (SBWIRE) -- 07/16/2018 -- Competitive Landscape:
The global smart coating is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart coating market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Global Smart Coatings Market, By Layer (Multi-Layer, Single-Layer), By Function (Anti-Microbial, Anti-Corrosion, Anti-Fouling, Anti-Icing and Others), By Product (pH, Ionic Strength and Others), By End-Use Industry (Medical Fields and Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025
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Market Analysis:
The Global Smart Coatings Market is expected to reach USD 11.95 billion by 2025, from USD 2.25 billion in 2017 growing at a CAGR of 23.95% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Drivers:
Growing demand from end-use industries
Superior properties of smart coatings
Increasing demand for products requiring low maintenance
Market Restraints:
Environmental regulations
Low durability in extreme weather conditions
Segmentation: Global Smart Coatings Market
By Layer
Single layer
Multi-layer
By Function
Anti-corrosion
Anti-icing
Anti-fouling
Anti-microbial
Self-cleaning
Self-healing
By End use industry
Automotive & transportation
Marine
Aerospace & Defense
Building & construction
By Geography
Asia Pacific
China
South Korea
Japan
India
Australia
Singapore
Thailand
Indonesia
Malaysia
Rest of Asia-Pacific
North America
U.S.
Canada
Mexico
Europe
Germany
France
K.
Italy
Spain
Switzerland
Netherlands
Belgium
Turkey
Russia
Rest of Europe
South America
Brazil
Rest of South America
Middle East & Africa
South Africa
Rest of Middle East & Africa
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Key Market Competitors: Global Smart Coatings Market
3M
PPG Industries
Akzonobel
Axalta Coating Systems
Hempel
The other players in the market are Otun, DOW Corning Corporation, Sherwin-Williams, RPM International, NEI Corporation, Additional Companies, Hygratek, Nanoshell Company, Ancatt, Tesla Nanocoatings, Royal Dsm, GreenkoteCG2, Nanocoatings, Helicity Technologies, Industrial Nanotech, Jotun A/S, The Lubrizol Corporation, AnCatt Inc., Hempel A/S, A&K coating, PPG Industries, Eastman Chemical Co.
Key Insights in the report:
Historical and current market size and projection up to 2025
Market trends impacting the growth of the global smart coating market
Analyse and forecast the smart coating market on the basis of layer, function, end use industry and region
Trends of key regional and country-level markets for layer, function, end use industry and region
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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