Smart Coating Market – Growth, Overview & Outlook

Global Smart Coatings Market is projected to grow at a rapid pace with a formidable CAGR during the forecast period 2023-2027. Smart coating materials are those materials that have the capability to change their properties as per external environmental stimuli such as an electric field.

The Important Elements of Smart Coating Market

Temperature, etc. Smart coatings are gaining wide traction among serval industries such as automotive & transportation, aerospace & defence, marine, building & construction for protective as well as decorative purposes. Furthermore, the rising adoption of advanced technology in manufacturing and infrastructure development projects is increasing the popularity of smart coatings.

Moreover, the accelerating demand for smart coatings from the building and construction industry is due to its property of reacting with a suitable response to environmental situations. In addition, the government of several developing nations are working on building smart cities by building smart official and residential spaces, which is driving the demand for the product. For instance, In India, the Smart City Project is one such project under which, 100 smart cities are planned to be developed across the country. Such initiatives by the government are strengthening the market growth.

Apart from this, the advanced properties of a smart coating such as self-cleaning, self-healing, and corrosion resistance have resulted in increased demand in the automotive and aerospace sector. For instance, smart coatings applied in defence aircraft have the capability to indicate damage on an aero engine. All these aforementioned factors are anticipated to propel the global smart coatings market in the coming years.

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The global smart coatings market is bifurcated on the basis of layer, function, end-use industry, competitive landscape and regional distribution.  Based on the layer the market is divided between single-layer and multi-layer. Among these, the multi-layer products are anticipated to hold a prominent market share over the forecast period. This is primarily because of the augmenting applications of multi-layered coating for protecting the surface in various end-use sectors.

By function, the market is segmented into anti-microbial, anti-fouling, anti-corrosion, self-cleaning, self-healing and others. Based on the end-use industry the market is fragmented into automotive & transportation, aerospace & defence, marine, building & construction and others. The market analysis also studies the regional segmentation, divided among North America, Europe & CIS, Asia Pacific, Middle East and Africa, and South America.

Some of the leading players in the Global Smart Coatings market are PPG Industries, 3M, Hempel, Jotun, DOW Corning Corporation, RPM International, Akzonobel, Axalta Coating Systems, Sherwin-Williams, NEI Corporation etc.

Report Scope:

In this report, Global Smart Coatings market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Smart Coatings Market, By Layer:
  • Single-Layer
  • Multi-Layer
• Smart Coatings Market, By Function:
  • Anti-Microbial
  • Anti-Fouling
  • Anti-Corrosion
  • Self-Cleaning
  • Self-Healing
  • Others
•  Smart Coatings Market, By End-Use Industry:
  • Automotive & Transportation
  • Aerospace & Défense
  • Marine
  • Building & Construction
  • Others
• Smart Coatings Market, By Region:
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Malaysia
  • Europe & CIS
    • France
    • Germany
    • United Kingdom
    • Italy
    • Spain
  • North America
    • United States
    • Mexico
    • Canada
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Smart Coatings.

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Table of Content

Product Overview

2. Research Methodology
3. Impact of COVID-19 on the Global Smart Coating Market
4. Executive Summary
5. Voice of Customer

5.1.  Product Awareness

5.2.  Product Quality

5.3.  Product Pricing

5.4.  Factors Influencing Purchase Decision

6. Global Smart Coatings Market Overview 
7. Global Smart Coatings Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Layer (Single-Layer and Multi-Layer)

7.2.2.     By Function (Anti-Microbial, Anti-Fouling, Anti-Corrosion, Self-Cleaning, Self-Healing and Others)

7.2.3.     By End-Use Industry (Automotive & Transportation, Aerospace & Défense, Marine, Building & Construction and Others)

7.2.4.     By Region

7.2.5.     By Company (2021)

7.3.  Market Attractiveness Index

8. Asia-Pacific Smart Coatings Market Outlook                  

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Layer

8.2.2.     By End-Use Industry

8.2.3.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Smart Coatings Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By End-Use Industry

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Smart Coatings Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By End-Use Industry

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Smart Coatings Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By End-Use Industry

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Smart Coatings Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By End-Use Industry

8.4.4.3.         Market Attractiveness Index

8.4.5.     Australia Smart Coatings Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By End-Use Industry

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Smart Coatings Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By End-Use Industry

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Smart Coatings Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By End-Use Industry

8.4.7.3.         Market Attractiveness Index

9. Europe & CIS Smart Coatings Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Layer

9.2.2.     By End-Use Industry

9.2.3.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Smart Coatings Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By End-Use Industry

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Smart Coatings Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By End-Use Industry

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Smart Coatings Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By End-Use Industry

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Smart Coatings Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By End-Use Industry

9.4.4.3.         Market Attractiveness Index

9.4.5.     Spain Smart Coatings Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By End-Use Industry

9.4.5.3.         Market Attractiveness Index