Global Smart Coatings Market 2020 (Includes Business Impact of COVID-19)

  • TBI964082
  • April 29, 2020
  • Global
  • 149 pages
  • Market.US
                                          

“Global Smart Coatings Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global smart coatings market report has been segmented on the basis of type of sensing, function, number of layers, end-use industry, and region.

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Global Smart Coatings Market: Overview Smart coatings are special films enables to sense and respond to environmental and other external stimuli. Technological development such as conductive materials, nanotechnology, self-healing and self-assembling system, and micro-encapsulation enhance their functionalities. Self-healing and self-repair properties make material suitable for corrosion protection, material protection, and other applications. Global Smart Coatings Market: Dynamics Increasing demand for smart coatings from various end-use industries such as construction, automotive, aerospace, military, and healthcare, owing to its features such as improve damage or scratch resistance, gives aid to anti-fogging, flame retardance, and protect coloring is a key factor expected to drive growth of the global market over the forecast period. In addition, technological advancements in smart coatings such as self-healing, self-cleaning, and corrosion resistance are some other factors resulting in increased demand from automotive and aerospace industry, majorly for exterior applications. This factor is expected to further fuel growth of the target market over the forecast period. Moreover, rising demand for smart coating across various industries as it is being used for both protective and decorative purposes and it also act as a barrier for packaging film are some other factors expected to boost growth of the target market over the forecast period. Furthermore, smart coating mitigate maintenance challenges in aerospace industry is another factor expected to propel growth of the target market over the forecast period. However, high raw material costs and environmental regulations are major factors expected to restrain growth of the global market over the forecast period. In addition, increasing development of eco-friendly coating is another factor expected to hamper growth of the target market over the forecast period. Innovative product launches, development of advanced technology, and rising investment for research and development activities by manufacturers operating in the global market are expected to create potential revenue opportunities for player operating in the target market over the forecast period. Global Smart Coatings Market: Segment Analysis Among the number of layer segments, the multi-layer segment is expected to register significant growth in terms of revenue over the forecast period, owing to increasing applications of multi-layered coatings for surface protection and exterior applications in automotive, and aerospace industry. Among the end-use industry segments, the construction segment is expected to dominate in the global market, owing to increasing demand for smart coatings across various end-use industries. Global Smart Coatings Market: Regional Analysis The market in Europe followed by North America is expected to dominate in the global market in terms of revenue over the forecast period, owing to presence of major players of coating materials and rising investments for research & development for the development of innovative coating options by manufacturers in countries in this region. Moreover, technological advancements in the field of nanomaterials along with innovative product launches is another factor expected to support growth of the global market in these regions. The market in Asia Pacific is expected to register highest growth in terms of CAGR, owing to increasing vehicle production rate across emerging economies such as India, China, Indonesia, and Malaysia in this region.

Global Smart Coatings Market Segmentation:

Segmentation by type of sensing: Ionic strength pH Temperature pressure Surface tension Magnetic field Mechanical forces Segmentation by function: Anti-Microbial Anti-Fouling Self-heating Self-healing Anti-corrosion Anti-Icing Segmentation by number of layers: Single layer Multi-layer Segmentation by end-use industry: Construction Military Healthcare Automotive Aerospace Consumer electronics

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Smart Coatings Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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