Innovations in materials and coatings sector is focused towards multi functionality and high performance attributes. While cost effective technologies with value for money is still prominent, reduction of raw material use and more energy efficient processes are also noticeable.
The lightweight composites technology is establishes in the automotive and aerospace sectors with its use is emerging in sectors such as offshore, transportation, oil &gas and construction market. The need for reducing carbon emissions and increasing fuel efficiency are the major factors that help in increasing the adoption of lightweight composites.
Need for materials with tunable properties and high functionality are the major factors that help in increasing the potential of polymer chameleons. The ability of the materials to react to external stimuli and retain their original shape once the stimulus is removed helps its adoption in healthcare, protective coatings and self healing structures.
The anti-corrosion coating market is already established in the offshore, transportation, chemical industry, oil &gas, power generation, and construction market. The environmental regulations/legislations have made the anti-corrosion industry to prioritize minimizing the environmental footprint of the coatings. This has ensured that the reduction or elimination of the volatile organic content (VOC). Continued substantial growth will be visualized in the demand of high performance environment friendly anti-corrosion coating in the next five years as consumers comply with increasingly strict regulations with long lasting protection from environmental damages.
Highly interdependent industry with technical and infrastructural collaboration between companies that include both polyolefin manufacturers, polymeric catalyst manufactures, and catalyst technology providers. Need for low energy, high yield polymer production has forced the polymer manufacturers to adopt advanced catalysts for profitable production. One of the most crucial emerging market needs is to innovate catalyst, which is less costly and also able to bring down the cost of polymerization. This creates a new competitive edge for big to small-sized catalyst manufacturing companies
About this report
The research service provides an in depth analysis of the top 10 materials and coatings technologies that are expected to have the highest impact across industries and applications. Each technology is analyzed in terms of its market potential, application segmentation, innovation landscape and IP landscape. Key funding deals and the innovation ecosystem along with the technology development and adoption scenario are also highlighted. The research service also provides a trend analysis of the materials and coatings sector and the key challenges that are prevalent in the sector.
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