According to a new market report by Lucintel, the future of the smart coating market looks promising with opportunities in the automotive & transportation, marine, aerospace & defense, and building & construction industries. The 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.
To download report brochure, please go to https://www.lucintel.com/smart-coating-market.aspx and click "report brochure" tab from the menu .
In this market, anti-corrosion, anti-icing, anti-fouling, anti-microbial, self-cleaning, and self-healing are the major function type. Self-cleaning is the largest segment of the smart coating market.
Within the smart coating market, automotive & transportation, marine, aerospace & defense, and building & construction are the major end use industries of smart coating market. Single layer and multi-layer are the major layer types of the smart coating market.
Europe will remain the largest market over the forecast period due to growth in the automotive industry and growing electronic operations in the region.
3M, PPG Industries, AkzoNobel, Axalta Coating Systems, Hempel, Jotun, DOW Corning Corporation, Sherwin-Williams, RPM International, and NEI Corporation are among the major manufacturers of smart coatings.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the smart coating market by end use industry, function, layer, and region. Lucintel has prepared a comprehensive research report entitled "Smart Coating Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the smart coating market by end use, function, layer, and region as follows:
By Layer [$M shipment analysis for 2013 – 2024]:
By Function [$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
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/smart-coating-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.