NEW YORK, Oct. 15, 2018 /PRNewswire/ -- Report
Scope:
The scope of the report covers the overview of the global market
for smart coatings and analyses of the global market trends, with
data from 2016, considering base year of 2017 and estimates for
2018 and 2023 with projection of CAGR in the forecast duration.The
sales values are presented in US dollars, while volumes are
presented in kilotons units.
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Estimated values used are based on manufacturers' total revenues.
Projected and forecasted revenue values are in constant U.S.
dollars, unadjusted for inflation.
The report includes discussion of technological and economic trends
that are affecting the market. Further, it explains the major
drivers and regional dynamics of the smart coatings market and
current trends within the industry.
This report categorizes the global smart coatings market based on
layer, function, end-use industry and region.On the basis of
layers, the smart coatings market is divided into multi-layer and
Single layer.
Based on function, the smart coatings market is divided as
anticorrosion, self-healing, self-cleaning, anti-icing,
anti-fouling, anti-microbialand others (includes anti-fog,
superhydrophobic, and self-dimming).On the basis of end-use
industry, the market is divided into building and construction,
automotive, aerospace, military, healthcare, consumer electronics,
and others (includes marine, oil and gas, food processing, power,
and textile).
On the basis of region, the market is divided into North America, Asia-Pacific, Europe, South
America, and Middle East
and Africa.
The report concludes with a special focus on the vendor landscape
and includes profiles of the major market players operating in the
global smart coatings market.
Report Includes:
- 71 data tables and 23 additional tables
- An overview of the global market for smart coatings
- Analyses of global market trends, with data from 2017, 2018 and
projections of CAGRs through 2023
- Discussion of properties of smart coatings such as scratch
resistance, strong acid resistance, high optical transmission,
thermal stability and in-situ healing
- Explanation of the major advantages of smart coatings such as
increased ease of maintenance, easy-to-clean, good adhesion, and
dirt-repellent
- Company profiles of major players in the market, including The
Dow Chemical Co., PPG Industries Inc, The Sherwin-Williams Co.,
3M, and AkzoNobel N.V
Summary
Smart coatings are coatings that respond to the environment.They
respond to external stimuli such as dirt, light, pH changes,
temperature, impact, and fatigue.
For instance, in aerospace, smart coatings can indicate damage to a
gas, an oil or aero engine.
Smart coatings are used in an array of end-use industries such as
building and construction, automotive, military, marine,
electronics, aerospace and defense healthcare, and others (others
include marine, power, textiles, oil and gas, and food
processing).Based on region, the market is divided into
Asia- Pacific, North America, Europe, South
America and Middle East and
Africa.
The report covers market drivers, restraints, opportunities and
challenges that determine the scope of the market and its
trends.
The smart coating is a booming industry and market has grown
significantly during the past few years.In the next five years, it
is expected to grow even more rapidly.
The market has continued to expand, and new technological
developments and industry changes also have taken place.A broad
range of global end-use industries such as consumer electronics,
aerospace and automotive will increase market demand.
The superior properties of smart coatings are key factors driving
growth of the smart coatings market. Also, the rapidly rising
demand for self-healing coating for automotive exterior
applications should also drive demand. However, the high cost of
this multifunctional coating could hamper the
market's growth during the forecast period.
Sales of smart coatings products are projected to continue growing
at a healthy rate during the next five years, driven by increasing
demand for rearview mirrors, engine components, self-healing glass
and smart windows in the automotive sector; flexible insulators,
smartphones, and stretchable wearables in the consumer electronics
sector; self-healing concrete, smart glass, and self-healing road
surfaces for the construction sector; and wind energy, solar
panels, and gas turbine coatings for power in the energy
sector.
Other relevant factors that will positively affect the future
expansion of the smart coatings market are as following:
- Overall improvement in global real estate and construction
markets.
- Expansion of the green building sector.
- Increasing electronic content in the automobile, aerospace and
marine sectors.
- Development of materials with advanced properties, such as faster
switching rates.
- Introduction of new materials and fabrication methods suitable
for mass production, which will also lead to reduced production
costs.
- Greater market penetration of smart coating products in
developing countries.
Read the full report: https://www.reportlinker.com/p05589937
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