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Smart Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global smart coatings market reached a value of US$ 1.88 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.24 Billion by 2027, exhibiting a CAGR of 21.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Smart coatings are unique films with default properties that sense and respond to external or environmental stimuli, including moisture, pH, chloride ion concentration, mechanical damage, temperature, and redox activity. They are made using responsive materials containing unique chemical, physical, mechanical, and electrical characteristics. They can help improve the efficiency of a system by reducing inspection times, maintenance costs, and equipment downtime. Besides this, as they have self-healing and self-repair properties, smart coatings are suitable for corrosion resistance, material protection, and other surface improvement applications. Consequently, they are employed in the healthcare, textile, transport, marine, aerospace, and electronics industries across the globe.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Smart Coatings Market Trends:

Leading players are developing environment-friendly smart coatings to minimize the emission of greenhouse gases (GHGs). This, in confluence with the thriving construction sector, represents one of the key factors propelling the growth of the market. Moreover, these coatings can contain both passive and active components so that upon application, the benefits of their prompt response based on the required stimuli can be achieved. Apart from this, most smart coatings contain metal and metal oxide nanoparticles, which provide numerous functional properties, such as high surface area, magnetic resonance relaxation, and electronic susceptibility. Furthermore, anti-corrosion variants find extensive applications in the automotive industry for the manufacturing of scratch-free vehicles. In addition, they are used in fasteners, body hardware, door closure, lock parts, exhaust, suspension, engine components, clamps, and hose connections. This, coupled with the increasing sales of passenger vehicles, is catalyzing the demand for smart coatings solutions around the world. Other factors, including technological advancements and the rising reliance on smartphones worldwide, are projected to facilitate the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart coatings market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on layer type, function and end use industry.

Breakup by Layer Type:

  • Single-Layer
  • Multi-Layer
     

Breakup by Function:

  • Anti-Microbial
  • Anti-Corrosion
  • Anti-Fouling
  • Anti-Icing
  • Self-Cleaning
  • Self-Healing
  • Others
     

Breakup by End Use Industry:

 

 
 

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  • Building and Construction
  • Automotive
  • Marine
  • Aerospace and Defense
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, A&K Painting Company, Ancatt Inc, BASF SE, Dupont De Nemours Inc., Jotun A/S, NEI Corporation, PPG Industries, RPM International Inc., Tesla NanoCoatings Inc., The Lubrizol Corporation (Berkshire Hathaway Inc) and The Sherwin-Williams Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Layer Type, Function, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Company, A&K Painting Company, Ancatt Inc, BASF SE, Dupont De Nemours Inc., Jotun A/S, NEI Corporation, PPG Industries, RPM International Inc., Tesla NanoCoatings Inc., The Lubrizol Corporation (Berkshire Hathaway Inc) and The Sherwin-Williams Company.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global smart coatings market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart coatings market?
  • What are the key regional markets?
  • What is the breakup of the market based on the layer type?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart coatings market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Smart Coatings Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Layer Type
    6.1    Single-Layer
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Multi-Layer
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Function
    7.1    Anti-Microbial
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Anti-Corrosion
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Anti-Fouling
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Anti-Icing
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Self-Cleaning
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Self-Healing
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    Building and Construction
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Marine
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Aerospace and Defense
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    3M Company
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    A&K Painting Company
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Ancatt Inc
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    BASF SE
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Dupont De Nemours Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Jotun A/S
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 SWOT Analysis
        14.3.7    NEI Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    PPG Industries
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    RPM International Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Tesla NanoCoatings Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    The Lubrizol Corporation (Berkshire Hathaway Inc)
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 SWOT Analysis
        14.3.12    The Sherwin-Williams Company
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Smart Coatings Market: Major Drivers and Challenges
Figure 2: Global: Smart Coatings Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Smart Coatings Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Smart Coatings Market: Breakup by Layer Type (in %), 2021
Figure 5: Global: Smart Coatings Market: Breakup by Function (in %), 2021
Figure 6: Global: Smart Coatings Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Smart Coatings Market: Breakup by Region (in %), 2021
Figure 8: Global: Smart Coatings (Single-Layer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Smart Coatings (Single-Layer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Smart Coatings (Multi-Layer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Smart Coatings (Multi-Layer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Smart Coatings (Anti-Microbial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Smart Coatings (Anti-Microbial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Smart Coatings (Anti-Corrosion) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Smart Coatings (Anti-Corrosion) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Smart Coatings (Anti-Fouling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Smart Coatings (Anti-Fouling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Smart Coatings (Anti-Icing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Smart Coatings (Anti-Icing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Smart Coatings (Self-Cleaning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Smart Coatings (Self-Cleaning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Smart Coatings (Self-Healing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Smart Coatings (Self-Healing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Smart Coatings (Other Functions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Smart Coatings (Other Functions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Smart Coatings (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Smart Coatings (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Smart Coatings (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Smart Coatings (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Smart Coatings (Marine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Smart Coatings (Marine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Smart Coatings (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Smart Coatings (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Smart Coatings (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Smart Coatings (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Smart Coatings Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Smart Coatings Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Smart Coatings Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Smart Coatings Industry: SWOT Analysis
Figure 86: Global: Smart Coatings Industry: Value Chain Analysis
Figure 87: Global: Smart Coatings Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Smart Coatings Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Coatings Market Forecast: Breakup by Layer Type (in Million US$), 2022-2027
Table 3: Global: Smart Coatings Market Forecast: Breakup by Function (in Million US$), 2022-2027
Table 4: Global: Smart Coatings Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Smart Coatings Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Smart Coatings Market: Competitive Structure
Table 7: Global: Smart Coatings Market: Key Players

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