Global Smart Coatings Market – Industry Analysis and Forecast (2019-2026)
Global Smart Coatings Market is expected to reach USD XX Billion by 2026 from USD XX Billion in 2018 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Smart coatings are widely use in the industries such as automotive & transportation, aerospace & defense, marine and building & construction.Expansion in automotive and construction industry drives the smart coatings market. Multi purpose function of smart coatings attracts the market. But, VOC emission norms will restrains the market to some extent in a forecast period.
Automotive & transportation segment is expected be major contributor for the market growth during the forecast period. New emerging technologies and innovations drive the demand for smart coatings in this industry. There is a growing demand for smart coatings for anti-fouling, anti-corrosion and self-cleaning applications from the end-use industries.
Geographically, the smart coatings market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to grow at high CAGR during the forecast period. This is due to the large demand from the automotive & transportation and building & construction industries mainly in the countries such as China and India in this region.
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Smart Coatings Market, By Function:
Smart Coatings Market, By Layer:
• Single layer
Smart Coatings Market, By End-use Industry:
• Automotive & Transportation
• Aerospace & Defense
• Building & Construction
Smart Coatings Market, By Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players anlaysed in Smart Coatings Market
• PPG Industries
• Axalta Coating Systems
• DOW Corning Corporation
• RPM International
• NEI Corporation
• Nanoshell Company
• Royal Dsm
• Tesla Nanocoatings
• Bayer AG
• Eastern Chemical Company
• NIPPON STEEL CORPORATION
• Debiotech S.A
• Balcony Systems Solutions Ltd
• Research Frontier, Inc
• Helicity Technologies, Inc
• The Lubrizol Corporation
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