Smart Coating Market is expected to witness rapid growth, owing to the rising demand from end-user industries such as automotive, military and healthcare. The properties of smart coatings such as self-healing, self-cleaning and anti-microbial are also contributing to the growth of smart coating market by making it useful for various end users. Smart coatings have the ability to replace the traditional anti-corrosion, anti-fouling and other industrial protective coatings. The have the ability to reduce the maintenance cost and downtime for vehicles, buildings and other industrial machinery.
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Major Key Players in Smart Coating Market are
- 3M Company (U.S.),
- DuPont (U.S.),
- BASF SE(Germany),
- PPG Industries, Inc. (U.S.),
- Eastman Chemical co. (U.S.),
- Nippon Steel Trading Co., Ltd. (Japan),
- AnCatt, Inc. (U.S.),
- Nanoshell (U.K.),
- Frontiers Inc. (U.S.)
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Market Research Analysis
Based on applications, the automotive segment is expected to be the highest growing segment. The use of self-stratifying coating is gaining importance among automobile manufacturers. The booming automobile sector, especially in the developing countries of Asia-pacific region is contributing to the growth of the smart coating market. The rapid growth of the smartphone industry is also expected to drive the demand.
Asia-Pacific region is expected to dominate the Smart Coating Market with the highest CAGR. The end user industries such as electronics, automobiles and others in developing nations such as India and China are expected to contribute to the growth of this market. The North America and Europe region are expected to experience a marginal growth during the forecast period.
Access the market data and market information presented through more than 25 market data tables and 25 figures spread over 105 numbers of pages of the project report “Global Smart Coating Market Research Report – Forecast to 2022”
Scope of the Report
This study provides an overview of the Global Smart Coating Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global smart coating market by its product, application and region.
- Aerospace & Defense
- North America
- Asia Pacific
- Rest of the World
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