Market Research Logo

Smart Coatings Market by Function (Anti-Corrosion, Anti-Icing, Anti-Microbial, Anti-Fouling, Self-Healing, Self-Cleaning), Layer (Single, Multi), End-Use (Automotive & Transportation, Aerospace & Defense, Marine), and Region - Global Forecast to 2022

Smart Coatings Market by Function (Anti-Corrosion, Anti-Icing, Anti-Microbial, Anti-Fouling, Self-Healing, Self-Cleaning), Layer (Single, Multi), End-Use (Automotive & Transportation, Aerospace & Defense, Marine), and Region - Global Forecast to 2022

The smart coatings market is estimated at USD 2.15 billion in 2017 and is projected to reach USD 6.27 billion by 2022, at a CAGR of 23.87% from 2017 to 2022. The growth of the market is driven by the increasing demand of many applications from end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction mostly from the APAC region. But concerns regarding the impact on health due to prolonged exposure to smart coatings is restraining the smart coatings market growth.

Automotive & transportation is the largest end-use industry segment of the smart coatings market
Smart coatings are used in various end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction. However, automotive & transportation is the market’s most dominant end-use industry, driven by the huge demand for smart coatings for the protection of body hardware, door closures, lock parts, exhausts, suspensions, engine components, and clamps & hose connections against abrasion.

Rising demand from APAC is the major driver for the smart coatings market
APAC is estimated to account for the largest share of the smart coatings market in 2017, in terms of volume and value. The market in this region is also projected to register the highest CAGR between 2017 and 2022, in terms of value. The APAC smart coatings market is driven by high economic growth and heavy investments in industries such as automotive & transportation, marine, and building & construction. Population growth, industrialization, and rise in the purchasing power of consumers (which leads to high sales of automotive vehicles) have led to growth in the manufacturing of smart coatings in this region.

Extensive primary interviews have been conducted, and information gathered from secondary research to determine and verify the market size of several segments and subsegments.

Breakup of Primary Interviews:
• By Company Type - Tier 1 – 35%, Tier 2 – 33%, and Tier 3 – 32%
• By Designation - C Level – 34%, D Level – 31%, and Others – 35%
• By Region - North America – 25%, Europe – 24%, APAC – 39%, Middle East & Africa -7%, and South America – 5%

The key companies profiled in this report include AkzoNobel (Netherlands), PPG Industries (US), Axalta Coatings Systems (US), The Sherwin-Williams Company (US), Jotun A/S (Norway), RPM International (US), Hempel A/S (Denmark), and NEI Corporation (US).

Research Coverage:
The smart coatings market report covers segmentation by function (anti-corrosion, anti-icing, anti-microbial, anti-fouling, self-healing, and self-cleaning), layer (single layer, multi-layer), end-use industry (automotive & transportation, aerospace & defense, marine, and building & construction), and region (North America, Europe, APAC, Middle East & Africa, and South America). The end-use industry segment is further analyzed for each country in the respective regions.

Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value-chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on smart coatings offered by top players in the smart coatings market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart coatings market
Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for smart coatings across regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart coatings market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the smart coatings market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKETS COVERED
      • YEAR CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table SMART COATINGS MARKET SNAPSHOT (2017 VS. 2022)
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS
    • SMART COATINGS MARKET, BY LAYER
    • SMART COATINGS MARKET, DEVELOPED VS. DEVELOPING COUNTRIES
    • APAC SMART COATINGS MARKET SHARE, BY END-USE INDUSTRY AND COUNTRY
    • SMART COATINGS MARKET, BY FUNCTION
    • SMART COATINGS MARKET GROWTH, BY COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC OVERVIEW AND KEY TRENDS
      • TRENDS AND FORECAST OF GDP
        • Table TRENDS AND FORECAST OF GDP CHANGE (2016-2022)
      • TRENDS IN AUTOMOTIVE INDUSTRY
        • Table AUTOMOTIVE PRODUCTION, BY REGION, 2015-2016
      • TRENDS IN CONSTRUCTION INDUSTRY
        • Table CONSTRUCTION INDUSTRY SPENDING, 2015-2017 (USD BILLION)
      • TRENDS IN THE AEROSPACE INDUSTRY
        • Table GLOBAL GROWTH INDICATORS OF THE AEROSPACE INDUSTRY, 2016-2035
        • Table NEW AIRPLANE DELIVERIES, BY REGION, 2016-2035
  • SMART COATINGS MARKET, BY LAYER
    • INTRODUCTION
      • Table SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (USD MILLION)
    • MULTI-LAYER
      • Table MULTI-LAYER SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table MULTI-LAYER SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SINGLE-LAYER
      • Table SINGLE-LAYER SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table SINGLE-LAYER SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • SMART COATINGS MARKET, BY FUNCTION
    • INTRODUCTION
      • Table SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
    • ANTI-MICROBIAL
      • Table ANTI-MICROBIAL SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table ANTI-MICROBIAL SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ANTI-CORROSION
      • Table ANTI-CORROSION SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table ANTI-CORROSION SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ANTI-FOULING
      • Table ANTI-FOULING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table ANTI-FOULING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ANTI-ICING
      • Table ANTI-ICING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table ANTI-ICING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SELF-CLEANING
      • Table SELF-CLEANING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table SELF-CLEANING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SELF-HEALING
      • Table SELF-HEALING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table SELF-HEALING SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHER SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table OTHER SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • SMART COATINGS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • AUTOMOTIVE & TRANSPORTATION
      • Table SMART COATINGS MARKET SIZE IN AUTOMTOIVE & TRANSPORTATION, BY REGION,
      • Table SMART COATINGS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION, BY REGION, 2015-2022 (USD MILLION)
    • MARINE
      • Table SMART COATINGS MARKET SIZE IN MARINE, BY REGION, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE IN MARINE, BY REGION, 2015-2022 (USD MILLION)
    • BUILDING & CONSTRUCTION
      • Table SMART COATINGS MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2015-2022 (USD MILLION)
    • AEROSPACE & DEFENSE
      • Table SMART COATINGS MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table SMART COATINGS MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2015-2022 (USD MILLION)
  • SMART COATINGS MARKET, BY REGION
    • INTRODUCTION
      • Table SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (KILOTON)
      • Table SMART COATINGS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • APAC
      • Table APAC: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table APAC: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table APAC: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY 2015-2022 (KILOTON)
      • Table APAC: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY,
      • Table APAC: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (KILOTON)
      • Table APAC: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table APAC: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (KILOTON)
      • Table APAC: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • MALAYSIA
      • REST OF APAC
    • EUROPE
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (KILOTON)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (KILOTON)
      • Table EUROPE: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (USD MILLION)
      • GERMANY
      • RUSSIA
      • FRANCE
      • UK
      • ITALY
      • TURKEY
      • SPAIN
      • REST OF EUROPE
    • NORTH AMERICA
      • Table NORTH AMERICA: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: SMART COATINGS MARKET, BY END-USE INDUSTRY 2015-2022 (KILOTON)
      • Table NORTH AMERICA: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: SMART COATINGS MARKET, BY LAYER, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: SMART COATINGS MARKET, BY FUNCTION, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (USD MILLION)
      • IRAN
      • ISRAEL
      • SOUTH AFRICA
      • REST OF MIDDLE EAST & AFRICA
    • SOUTH AMERICA
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE , BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE, BY FUNCTION, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE, BY LAYER, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: SMART COATINGS MARKET SIZE , BY LAYER , 2015-2022 (USD MILLION)
      • BRAZIL
      • ARGENTINA
      • REST OF SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
      • Table MARKET RANKING OF KEY PLAYERS (2016)
    • COMPETITIVE SCENERIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, BETWEEN 2015 AND 2017
      • ACQUISITIONS
        • Table ACQUISITIONS, BETWEEN 2015 AND 2017
      • EXPANSIONS
        • Table EXPANSIONS, BETWEEN 2015 AND 2017
  • COMPANY PROFILES
    • 3M
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • PPG INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AKZONOBEL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AXALTA COATING SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HEMPEL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • JOTUN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • DOW CORNING CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SHERWIN-WILLIAMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • RPM INTERNATIONAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • NEI CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ADDITIONAL COMPANIES
      • HYGRATEK
      • NANOSHELL COMPANY
      • ANCATT
      • TESLA NANOCOATINGS
      • ROYAL DSM
      • GREENKOTE
      • CG2 NANOCOATINGS
      • HELICITY TECHNOLOGIES
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report