Smart Coating Market: Trends, Opportunities and Competitive Analysis

Trends, opportunities and forecast in smart coating market to 2024 by layer (single layer and multi-layer), function (anti-corrosion, anti-icing, anti-fouling, anti-microbial, self-cleaning, and self-healing), end-use industry (automotive & transportation, marine, aerospace & defense, and building & construction), and region (North America, Europe, APAC, and Rest of the World)

Publisher: Lucintel Published: June 2020
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Smart Coating Market: Trends, Opportunities and Competitive Analysis

Report Feature

The future of the smart coating market looks promising with opportunities in the automotive & transportation, marine, aerospace & defense, and building & construction industries. The global smart coating market is expected to grow with a CAGR of 22% from 2019 to 2024. The major growth driver for this market are growing demand for smart coatings from end use industries due to its various functions, such as anti-corrosion, anti-icing, anti-fouling, anti-microbial, self-cleaning, and self-healing.


A more than 150 -page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart coatings market report download the report brochure



Smart Coating Market by Segments

Smart Coating Market Trends and Forecast

Smart Coating Market Share


The study includes the smart coatings market size and forecast for the global smart coatings market through 2024, segmented by layer, function, end use industry, and region as follows:

By Layer [$M shipment analysis for 2013 – 2024]:
  • Single layer
  • Multi-layer

By Function [$M shipment analysis for 2013 – 2024]:
  • Anti-Corrosion
  • Anti-Icing
  • Anti-Fouling
  • Anti-Microbial
  • Self-Cleaning
  • Self-Healing

By End Use Industry [$M shipment analysis for 2013 – 2024]:
  • Automotive & Transportation
  • Marine
  • Aerospace & Defense
  • Building & Construction

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • France
    • United Kingdom
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • The Rest of the World

Some of the smart coatings companies profiled in this report include 3M, PPG Industries, AkzoNobel, Axalta Coating Systems, Hempel, Jotun, DOW Corning Corporation, Sherwin-Williams, RPM International, and NEI Corporation

Some of the features of "Global Smart Coatings Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include
  • Market size estimates: Global smart coatings market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry
  • Segmentation analysis: Global market size by layer, function, end use industrty, and region
  • Regional analysis: Global smart coatings market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for smart coatings in the global smart coatings market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, smart coatings in the global smart coatings market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global smart coatings market by layer (single layer and multi-layer), function (anti-corrosion, anti-icing, anti-fouling, anti-microbial, self-cleaning, and self-healing), end-use industry (automotive & transportation, marine, aerospace & defense, and building & construction), and region (North America, Europe, APAC, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart coatings market?
Q.5 What are the business risks and threats to the smart coatings market?
Q.6 What are emerging trends in this smart coatings market and the reasons behind them?
Q.7 What are some changing demands of customers in the smart coatings market?
Q.8 What are the new developments in the smart coatings market? Which companies are leading these developments?
Q.9 Who are the major players in this smart coatings market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this smart coatings area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, smart coatings market?

Table of Contents

1. Executive Summary 2. Industry Background and Classifications 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: 3M 7.2: PPG Industries 7.3: AkzoNobel 7.4: Axalta Coating Systems 7.5: Hempel 7.6: Jotun 7.7: DOW Corning Corporation 7.8: Sherwin-Williams 7.9: RPM International 7.10: NEI Corporation

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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